Destination Bonds definition

Destination Bonds means the Government Bonds to be issued by the Issuer (acting through the MOF) in exchange for the Source Bonds, as specified below:
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Destination Bonds means the Group 1 Destination Bonds and the Group 2 Destination Bonds (as the context may require).
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Examples of Destination Bonds in a sentence

  • Such Exchange Offer Form must be submitted together with other information in respect of those Source Bonds and Destination Bonds as prescribed in the excel file earlier provided by the Joint Lead Managers.

  • As a result, the Destination Bonds will be more liquid and, therefore, will be traded more efficiently in the secondary market.

  • If the Destination Bonds are already traded in the market, the number of Destination Bonds outstanding will increase.

  • You should independently analyse the value of the Source Bonds and Destination Bonds and make an independent assessment of the terms of the Invitation.

  • Each such Notification will prescribe the key terms of each series of the Destination Bonds, including interest rate and tenor.

  • Issuance by the MOF of its Notification(s) applicable to each series of the Destination Bonds.

  • The determination by the Issuer of the amount of Destination Bonds that the Issuer will deliver to the Eligible Bondholders and any other calculation or quotation made with respect to the Invitation shall be conclusive and binding on you, in the absence of manifest error.

  • The Issuer will also specify, at its sole discretion, a range of yields and a range of Destination Bond Price (as defined in the Formula) per unit applicable to the Destination Bonds of each series, with such ranges reflected in the Exchange Offer Form.

  • For the same purposes, the Issuer will also specify, at its sole discretion, a range of yields and a range of Destination Bond Price (as defined in the Formula) per unit applicable to the Destination Bonds of each series, with such ranges reflected in the Exchange Offer Forms.

  • The exchange transaction contemplated in this Exchange Offer Memorandum is considered as the sale of Source Bonds to the Issuer in conjunction with the purchase of Destination Bonds from the Issuer.

Related to Destination Bonds

  • Serial Bonds means those Bonds designated as such and maturing on the dates set forth in the Certificate of Award, bearing interest payable on each Interest Payment Date and not subject to mandatory sinking fund redemption.

  • Destination means any place where the Insured expects to travel to on his/her Trip other than Return Destination as shown on the travel documents.

  • Term Bonds means those Bonds designated as such and maturing on the date or dates set forth in the Certificate of Award, bearing interest payable on each Interest Payment Date and subject to mandatory sinking fund redemption.

  • Notes shall have the meaning assigned to such term in the recitals.