Current Interest Bond definition

Current Interest Bond means a Bond on which interest is payable on Interest Payment Dates prior to maturity or redemption prior to maturity.
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Current Interest Bond means any Bond issued under Section 2.02 hereof, the interest on which is payable on each Interest Payment Date to maturity or redemption prior to maturity.
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Current Interest Bond means any Bond the interest on which is payable on the Interest Payment Dates provided therefor in the Supplemental Indenture authorizing such Bond. The term “Current Interest Bond” as used throughout this Indenture also includes any Capital Appreciation and Income Bond from and after the Interest Commencement Date specified therefor.
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Examples of Current Interest Bond in a sentence

  • The failure of any registered owner of any Current Interest Bond to be redeemed to receive notice by mail or any defect in that notice regarding any Current Interest Bond shall not affect the validity of the proceedings for the redemption of any other Current Interest Bond.

  • In the case of a partial redemption of Current Interest Bonds by lot when Current Interest Bonds of denominations greater than $5,000 are then outstanding, each $5,000 unit of principal thereof shall be treated as though it were a separate Current Interest Bond of the denomination of $5,000.

  • Interest on a Current Interest Bond shall be paid on each Interest Payment Date by check or draft mailed to the person in whose name the Bond was registered, and to that person’s address appearing, on the Bond Register at the close of business on the 15th day of the calendar month next preceding that Interest Payment Date.

  • Interest on a Current Interest Bond shall be paid by the Bond Registrar on each Interest Payment Date by check or draft mailed to the person in whose name the Bond was registered, and to that person’s address appearing, on the Bond Register at the close of business on the 15th day next preceding that Interest Payment Date.

  • In the case of a partial redemption of Current Interest Bonds by lot when Current Interest Bonds of denominations greater than $5,000 are then outstanding, each$5,000 unit of principal thereof shall be treated as though it were a separate Current Interest Bond of the denomination of $5,000.


More Definitions of Current Interest Bond

Current Interest Bond means a Bond of a Series, the interest on which is payable on the Interest Payment Dates provided therefor in a Supplemental Resolution.
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Current Interest Bond as used throughout this Indenture also includes any Capital Appreciation and Income Bond from and after the Interest Commencement Date specified therefor.
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Current Interest Bond. A Bond other than an Accretion Bond.
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Current Interest Bond means a Bond the interest on which is payable periodically and which is not a Convertible Capital Appreciation Bond.
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Current Interest Bond means any Bond the interest on which is payable on the Interest Payment Dates provided therefor in the supplemental indenture authorizing such Bond. The term “Current Interest Bond” as used throughout this Indenture also includes any Capital Appreciation and Income Bond from and after the Interest Commencement Date specified therefor.
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Current Interest Bond means a Bond the interest on which is payable currently on each Distribution Date. “Capital Appreciation Bond” means a Bond the interest on which shall be compounded periodically, shall be payable only at maturity or redemption or prepayment prior to maturity, and shall be determined by subtracting from the Accreted Value thereof the original principal amount thereof.
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Current Interest Bond means a Bond (including, as the context requires, a Convertible Bond on and after the applicable Conversion Date), the interest on which is payable currently on each Distribution Date after the applicable Conversion Date.
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