Bond Unit definition

Bond Unit means the outcome of the following formula:Specified Denomination x Minimum Redemption
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Bond Unit means a synthetic cash instrument the price of which is, at any time, equal to the Bond Price.
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Bond Unit means a synthetic zero coupon bond the price of which is, at any time, equal to the Bond Price;
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Examples of Bond Unit in a sentence

  • The Janus Henderson Fixed Interest Monthly Income Fund and the Janus Henderson Sterling Bond Unit Trust are treated as Bond Funds.

  • Two fellow subsidiaries of SJPWMG, St. James's Place International plc and St. James's Place UK plc, invest some of their life and pension policyholders' funds into the St. James's Place Investment Grade Corporate Bond Unit Trust.

  • The Final Redemption Amount payable in respect of the Notes shall never be less than the Bond Unit.

  • For each $1,000 of principal issued in bonds, the Company issued 25 bonus units (the "Bond Units") consisting of one common share of the Company (the "Bond Unit Shares") and half of one common share purchase warrant (each whole warrant, a "Bond Unit Warrant") resulting in the issuance of 12,500 Bond Unit Shares, and 6,250 Bond Unit Warrants.

  • Three fellow subsidiaries of SJPWMG, St. James's Place International plc, St. James's Place UK plc and St. James's Place Unit Trust Group, invest some of their life and pension policyholders' funds into the St. James's Place Diversified Bond Unit Trust.

  • Combined with revenue from last year, we anticipate approximately $550,000 in fees, which will be used to further build staffing capacity in the Capital & Bond Unit.

  • Each Bond Unit Warrant may be exercised by the holder for one common share of the Company at an exercise price of $0.35 per share for period of 24 months from the date of issuance.

  • FundCurrent Annual Management ChargeCharge Taken FromJanus Henderson Fixed Interest Monthly Income Fund (Income & Accumulation Units)Janus Henderson Sterling Bond Unit Trust (Class E Inc & Acc Units) The Manager is also entitled to all reasonable, properly documented, out of pocket expenses incurred in the performance of its duties.

  • Where necessary, the allocations into the Managed Collateral Unit and the Coupon Bond Unit are rebalanced by the Determination Agent according to the Lock-In Mechanism.

  • Each Bond Unit Warrant could be exercised by the holder for one common share of the Company at an exercise price of CAD $1.40 per share up to October 23, 2020.

Related to Bond Unit

  • Said Unit means the said Flat, the said Vehicle Parking Space, (if any), and the right of common use of the Common Portions and wherever the context so intends or permits, shall also include the Said Undivided Share.

  • Generation Unit means a facility that converts a fuel or an energy resource into electrical energy.

  • Heat unit means a unit of energy equal to the product of the peak kilovoltage, milliamperes, and seconds, i.e., kVp x mA x second.

  • Emission unit means any article, machine, equipment, operation, or contrivance that emits or has the potential to emit any federally regulated air pollutant.

  • Production Unit means a facility for generation of electricity made up of a single generation unit or of an aggregation of generation units;

  • unit of Reference Property shall have the meaning specified in Section 14.07(a).

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.

  • Administrative unit Means an administrative unit established under the Public Sector Act 2009 and includes an administrative unit established while this Enterprise Agreement remains in force;

  • FTPS Unit means Units which are purchased through the Fund/SERV(R) trading system or on a manual basis through FTP Services LLC or for which FTP Services LLC is acting as FTPS Unit Servicing Agent.

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • Trust Unit means units in the capital of the Trust;

  • Accumulation Unit is the unit of measure we use before the Income Date to keep track of the value of each Variable Sub-Account.

  • Cogeneration unit means a unit that has equipment used to produce electric energy and forms of useful thermal energy (such as heat or steam) for industrial, commercial, heating or cooling purposes, through the sequential use of energy.

  • Rental Unit means a structure or part of a structure used as a home, residence, or sleeping unit by a single person or household unit, or any grounds, or other facilities or area promised for the use of a residential tenant and includes, but without limitation, apartment units, boarding houses, rooming houses, mobile home spaces, and single and 2-family dwellings.

  • Preferred Security means an undivided beneficial interest in the assets of the Trust, having a Liquidation Amount of $1,000 and having the rights provided therefor in this Trust Agreement.

  • Global Preferred Security means a Preferred Securities Certificate evidencing ownership of Book-Entry Preferred Securities.

  • Remarketing Fee has the meaning specified in Section 5.4(b)(i).

  • Covered Security means a security as defined in Section 2(a)(36) of the Act, which includes: any note, stock, treasury stock, security future, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, pre-organization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security (including a certificate of deposit) or on any group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a “security,” or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any of the foregoing.

  • Trust Security means any one of the Common Securities or the Preferred Securities.

  • Capital Security means an undivided beneficial interest in the assets of the Issuer Trust, having a Liquidation Amount of $1,000 and having the rights provided therefor in this Trust Agreement, including the right to receive Distributions and a Liquidation Distribution as provided herein.

  • Auction Final Price means the price, if any, determined to be the Auction Final Price pursuant to Section 12 of these Credit Derivatives Auction Settlement Terms (expressed as a percentage, in increments equal to the Relevant Pricing Increment, of the outstanding principal balance, rather than the face amount, of Deliverable Obligations).

  • Commercial unit means such a unit of goods as by commercial usage is a single whole for purposes of lease and division of which materially impairs its character or value on the market or in use. A commercial unit may be a single article, as a machine, or a set of articles, as a suite of furniture or a line of machinery, or a quantity, as a gross or carload, or any other unit treated in use or in the relevant market as a single whole.

  • Book-Entry Preferred Security means a Preferred Security, the ownership and transfers of which shall be made through book entries by a Depositary.

  • Preferred Unit means a fractional, undivided share of the Partnership Interests that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the Common Units that the General Partner has authorized pursuant to Section 4.2 hereof.

  • Creation Unit means an aggregation of a specified number of Shares as stated in the Prospectus for the applicable Fund.

  • Dwelling unit means a single unit providing complete, independent living facilities for one or more persons, including permanent provisions for living, sleeping, eating, cooking and sanitation.