Individual Bond definition

Individual Bond. A Bond of an original principal amount of $1,000; a Bond of an original principal amount in excess of $1,000 shall be deemed to be a number of Individual Bonds equal to the quotient obtained by dividing such original principal amount by $1,000.

Individual Bond. A Bond of an original Principal Amount or Notional Amount equal to the minimum denomination for Bonds of a Series or Class as specified in the related Terms Indenture; a Bond of an original Principal Amount or Notional Amount, as the case may be, in excess of such minimum denomination shall be deemed to be a number of Individual Bonds equal to the quotient obtained by dividing such original Principal Amount or Notional Amount, as the case may be, by such minimum denomination.

Individual Bond means an individual surety bond issued in accordance with the requirements of § 55.1-2220 of the Code of Virginia obtained and maintained by a developer in lieu of escrowing a deposit accepted by a developer in connection with the purchase or reservation of a product.

Examples of Individual Bond in a sentence

• A Registered Bond may be transferred upon the surrender of the relevant Individual Bond Certificate, together with the form of transfer endorsed on it duly completed and executed, at the specified office of any Transfer Agent or the Registrar.

• In the case of a transfer of part only of a holding of Registered Bonds represented by an Individual Bond Certificate, a new Individual Bond Certificate in respect of the balance not transferred will be issued to the transferor within three business days (in the place of the specified office of the Transfer Agent or the Registrar) of receipt of such form of transfer.

• At any meeting of Holders, unless otherwise provided in the related Terms Indenture, each Person entitled to vote at such meeting shall be entitled to one vote for each Individual Bond of the applicable Class and/or Series held and/or represented by such Person; provided, however, that no vote shall be cast or counted at any meeting in respect of any Bond challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding.

• Interests in a Global Bond Certificate shall be exchangeable, in accordance with and to the extent permitted by the terms of such Global Bond Certificate, for Individual Bond Certificates.

• The Definitive Bonds and the Individual Bond Certificates so executed and authenticated, and the Receipts, the Coupons and Talons appertaining to such Definitive Bonds, upon execution and authentication of such Definitive Bonds, shall be binding and valid obligations of the Issuer.

More Definitions of Individual Bond

Individual Bond. A Bond with an original principal amount equal to not less than $25,000.

Individual Bond. A Bond with an original Principal Amount of $________.

Individual Bond. A Bond of an Original Principal Amount equal to the lesser of (1) the minimum denomination for Bonds of that Series and Class as specified in the related Series Supplement, and if the Bonds of such Series and Class are issuable in a minimum denomination and whole multiples of some amount smaller than such minimum denomination in excess thereof, such smaller amount.

Individual Bond. With respect to a Class of Bonds of a Series, as defined in the related Series Supplement.

Individual Bond means an individual surety bond issued in accordance with the requirements of

Individual Bond. As defined in Section 10(f) hereof.

Individual Bond means an individual surety bond issued in accordance with the requirements of § 55-375 of the Code of Virginia obtained and maintained by a developer in lieu of