Convertible Capital Appreciation Bonds definition

Convertible Capital Appreciation Bonds means the Bonds the interest component of which is compounded semiannually to the respective Conversion Dates thereof as shown in the table of Accreted Values for such Bonds in the Official Statement, and which bear interest from such respective Conversion Dates on the Conversion Value thereof, payable semiannually on each Bond Payment Date, all as set forth in the Purchase Contract.

Convertible Capital Appreciation Bonds means those Refunding Bonds accreting interest semiannually to the Conversion Date thereof and bearing interest payable semiannually on a current basis from and after the Conversion Date thereof, all in accordance with Section 9(f) hereof.

Convertible Capital Appreciation Bonds means the Bonds which are originally issued as Capital Appreciation Bonds, but which convert to Current Interest Bonds on the Conversion Date.

Examples of Convertible Capital Appreciation Bonds in a sentence

• No payment will be made to the Owners of Convertible Capital Appreciation Bonds on the respective Conversion Dates thereof.

• Capital Appreciation Bonds, Convertible Capital Appreciation Bonds and Current Interest Bonds may not be exchanged for one another.

• The Principal, and redemption premiums, if any, payable on the Current Interest Bonds, the Accreted Value and redemption premiums, if any, on the Capital Appreciation Bonds, and the Accreted Value, Conversion Value and redemption premiums, if any, on Convertible Capital Appreciation Bonds shall be payable upon maturity or redemption upon surrender at the principal office of the Paying Agent.

• The Convertible Capital Appreciation Bonds shall mature in the years, shall be issued in the aggregate Principal Amounts, shall have Accretion Rates and shall have denominational amounts per each $5,000 in Conversion Value as shown in such Accreted Value Table.

• Junior Lien (Convertible to Senior) Limited Tax (Convertible to Unlimited Tax) General Obligation Convertible Capital Appreciation Bonds, Series 2014C.The 2021A-2 Senior Notes were issued for the purposes of: (a) currently refunding the Fourth Tier Limited Tax General Obligation Bonds, Series 2017D, and (b) paying the costs in connection with the issuance of the Notes.

More Definitions of Convertible Capital Appreciation Bonds

Convertible Capital Appreciation Bonds means a Series of Capital Appreciation Bonds having a conversion date after which the Bonds become Current Interest Bonds.

Convertible Capital Appreciation Bonds means Bonds which initially are issued as Capital Appreciation Bonds, but later convert to Bonds on which interest is paid periodically. Convertible Capital Appreciation Bonds shall be Capital Appreciation Bonds until the conversion date and from and after that conversion date shall no longer be Capital Appreciation Bonds but shall be treated as having a principal amount equal to their Accreted Value on the conversion date.

Convertible Capital Appreciation Bonds means the Bonds the interest component of which is compounded semiannually to the respective Conversion Dates thereof as shown in the table of Accreted Values for the Bonds in the Official Statement or Purchase Contract, as the case may be,

Convertible Capital Appreciation Bonds means a Series of Capital Appreciation Bonds having a conversion date after which such Bonds become Current Interest Bonds.

Convertible Capital Appreciation Bonds means the Bonds the interest

Convertible Capital Appreciation Bonds means the Refunding Bonds the interest component of which is compounded semiannually to the respective Conversion Dates thereof as shown in

Convertible Capital Appreciation Bonds means Bonds on which interest accretes from the date of issuance to the Conversion Date but is not payable until the maturity or prior redemption date of such Bonds in the same manner as Capital Appreciation Bonds and on which interest on the Accreted Value accrues and is payable on a periodic basis from the Conversion Date to the maturity or prior redemption date, all as set forth in a Supplemental Indenture relating to such Bonds.