Examples of Bond Interest in a sentence
Any premium received from the sale of the bonds is deposited in the Bond Interest and Redemption Fund of the District.
The Bond Interest and Redemption Fund is used to account for taxes received and expended on interest and the redemption of principal of general obligation bonds.
On each Interest Determination Date the Indenture Trustee shall determine One-Month LIBOR and the related Bond Interest Rate for each Class of Bonds for the following Accrual Period and shall inform the Issuer, the Master Servicer, and the Depositor at their respective facsimile numbers given to the Indenture Trustee in writing thereof.
The Recovery Bonds of each Tranche shall have the initial principal amount, bear interest at the rates per annum and shall have the Scheduled Final Payment Dates and the Final Maturity Dates set forth below: The Recovery Bond Interest Rate shall be computed on the basis of a 360-day year of twelve 30-day months.
On each Interest Determination Date the Indenture Trustee shall determine One-Month LIBOR and the related Bond Interest Rate for each Class of Bonds for the following Accrual Period and shall inform the Issuer, the Bond Insurer, the Master Servicer, and the Depositor at their respective facsimile numbers given to the Indenture Trustee in writing thereof.