Bond Costs definition

Bond Costs means all costs of and incidental to the registration of the mortgage bond, if any, referred to in clause 4.1 below, including but not limited to conveyancing fees, calculated at the fee chargeable in terms of the recommended guideline of conveyancing fees, and all incidental disbursements necessary to effect registration of the bond, together with VAT on such costs and disbursements;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Bond Costs means all costs of and incidental to the registration of the mortgage bond, if any, referred to in clause 4.1.1 below, including but not limited to conveyancing fees, calculated at the fee chargeable in terms of the recommended guideline of conveyancing fees, and all incidental disbursements necessary to effect registration of the bond, together with VAT on such costs and disbursements;

Bond Costs means for all Subordinate CFD No. 2013-3 (IA No. 9) Bonds, all debt service payments, administrative expenses, and amounts required to establish or replenish any bond reserve funds, and any other use of Special Taxes for such bond issues required by the indenture, fiscal agent agreement, or other agreement governing the terms of such bond issue.

Examples of Bond Costs in a sentence

• The Parties place on record that the Purchase Price agreed upon, insofar as it includes the Bond Costs, is based on the premise that all purchasers of turnkey products in the Pearl Valley Development will utilise the same conveyancers in respect of the bond registrations and accordingly appointing the Bond Registration Attorneys as such will result in an economic benefit for the Purchaser.

• The Parties place on record that the Purchase Price agreed upon, insofar as it includes the Bond Costs, is based on the premise that all purchasers of turnkey products in the La Vue II Precinct will utilise the same conveyancers in respect of the bond registrations and accordingly appointing the Bond Registration Attorneys as such will result in an economic benefit for the Purchaser.

• Overhead Costs and Expenses include the following: Insurance and Bond Costs.

• The Parties place on record that the Purchase Price agreed upon, insofar as it includes the Bond Costs, is based on the premise that all purchasers in the Plot and Plan Project will utilise the same conveyancers in respect of the bond registrations and accordingly appointing the Bond Registration Attorneys as such will result in an economic benefit for the Purchaser.

• Should Tenant not reimburse Landlord the Bond Costs upon closing of the bond transaction, such Bond Costs shall accrue interest at the rate of ten percent (10%) per annum until paid.

More Definitions of Bond Costs

Bond Costs means for (i) any bond issue secured by CFD No. 2012-01 (IA No. 1), all debt service payments, administrative expenses, and amounts required to establish or replenish any bond reserve funds, and any other use of Special Taxes for such bond issues required by the indenture, fiscal agent agreement, or other agreement governing the terms of such bond issue.

Bond Costs means for all Subordinate CFD No. 2013-3(B) (IA No. 12) Bonds, all debt service

Bond Costs means the reasonable premium (not including any collateral) for a bond or other financial instrument to guarantee an Insureds contingent obligation for bail or equivalent in any jurisdiction required by a Court in respect of any Claim. The sub-limit of liability for Bail Bond Costs is 10% of the Limit of Liability (such limit shall be part of and not in addition to the Limit of Liability shown in Item 3 of the Schedule).

Bond Costs means the principal and redemption price of, an interest and premium on, the Bonds, funding of reserve funds, surplus funds, sinking funds, costs of issuance, credit enhancement fees and costs, costs and fees of any direct lender, fees and expenses of trustee, bond registrar, paying agent, authentication agent, PIF collecting agent, or remarketing agent, and other administrative and compliance related costs.

Bond Costs means the principal and redemption price of, and interest and premium on, any Bonds, including any scheduled mandatory or cumulative sinking fund payments and any mandatory redemption or principal prepayment amounts as provided in the Bond Documents and accumulation or replenishment of any reserves or surplus funds relating to the Bonds, customary fees related to the issuance of the Bonds (including, but not limited to, fees of a trustee, paying agent, rebate agent, origination fees of lender and fees of a provider of liquidity or credit facility), any reimbursement due to a provider of liquidity or credit facility securing any Bonds, and any other lawful purpose relating to the Bonds for which the PILOTs may be used in accordance with the Bond Documents.

Bond Costs means all costs associated

Bond Costs means those costs, fees and expenses incurred by members of the Group in connection with the offering and sale of the Additional Bonds up to a maximum aggregate amount (for all periods) not exceeding $2,500,000.