Examples of Bond or Loan in a sentence
Restructured Bond or Loan means an Obligation which is a Bond or Loan and in respect of which the Restructuring that is the subject of a Credit Event Notice has occurred.
Restructuring Date means, with respect to a Restructured Bond or Loan, the date on which a Restructuring is legally effective in accordance with the terms of the documentation governing such Restructuring.
In the event that the Scheduled Maturity Date is later than (i)(A) the final maturity date of the Latest Maturity Restructured Bond or Loan, if any, or (B) the 2.5-year Limitation Date, and, in either case, no Enabling Obligation exists or (ii) the 20-year Limitation Date, the Restructuring Maturity Limitation Date will be the Scheduled Maturity Date.
Borrowed Money None defined None Bond or Loan Not SubordinatedSpecified Currency: Standard Specified Currencies Not ContingentAssignable Loan Consent Required Loan TransferableMaximum Maturity: 30 years Not Bearer None ApplicableSettlement Protocol: If a protocol or other market standard valuation procedure sponsored by the International Swaps and Derivatives Association, Inc.
Notwithstanding the foregoing, for purposes of this part (D), in the case of a Restructured Bond or Loan with a final maturity date on or prior to the 10- year Limitation Date, the final maturity date of such Bond or Loan shall be deemed to be the earlier of such final maturity date or the final maturity date of such Bond or Loan immediately prior to the relevant Restructuring.
Notwithstanding the foregoing, for purposes of this paragraph, in the case of a Restructured Bond or Loan with a final maturity date on or prior to the 10-year Limitation Date, the final maturity date of such Bond or Loan shall be deemed to be the earlier of such final maturity date or the final maturity date of such Bond or Loan immediately prior to the relevant Restructuring.
The Reference Obligation will be obligations of the relevant Reference Entity selected by the Calculation Agent in its sole and absolute discretion which satisfy the following Deliverable Obligation Category and Deliverable Obligation Characteristics: Deliverable Obligation Category: Bond or Loan.
It was agreed that the Council did not wish to add cover for terrorism, equipment breakdown, gates and fencing but that cover for sports equipment should be increased to £20,000.
If Modified Restructuring Maturity Limitation and Conditionally Transferable Obligation are applicable and if the Scheduled Maturity Date is later than the 2.5-year Limitation Date and prior to the 5-year Limitation Date, a Restructured Bond or Loan will not constitute an Enabling Obligation.
For the purposes of this paragraph only and notwithstanding the foregoing, in the case of a Restructured Bond or Loan with a final maturity date on or prior to the 10-year Limitation Date, the final maturity date of such Bond or Loan shall be deemed to be the earlier of such final maturity date or the final maturity date of such Bond or Loan immediately prior to the relevant Restructuring.