Examples of Converted Bonds in a sentence
The reoffering of the Converted Bonds, the Series 2010A-1, reflects a conversion of a portion of the Series 2010A Bonds to a Long-Term Interest Rate Period.
The Manager has agreed to reduce such rate of interest from 2.0% per annum (which had previously applied to the Issued Converted Bonds) to 0.5% per annum, to be applied only with respect to the Issued Unconverted Bonds that are unconverted as at the date of the Second Supplemental Agreement, being 1 June 2017, and the Unissued Bonds.
Any redelivery of all or parts of the Converted Bond(s) shall also be made to this account if and to the extent that the conversion declaration is incomplete or invalid or other reasons make an execution of the conversion impossible.
Charges imposed by a third party whose services are not required by the lessor are not included in the § 213.4(m)(1) disclosure such as official fees and voluntary insurance.
Upon any Conversion, the Agency shall provide to the Trustee written certification setting forth the day-count convention to be used in calculating interest on the Converted Bonds, on which certification the Trustee may conclusively rely.