Examples of Redeemable Bond in a sentence
Effective exercise of the repayment option by the holder of any Redeemable Bond shall be irrevocable.
These are redeemable at par on or before 5 years, at the option of the Company3.2 Reserve & Surplus (Rupees in Lacs)Company issued 2,367 (Two Thousand Three Hundered Sixty Seven) Optionally Convertible Redeemable Bond of Rs 1,00,000/- each to SBI GLOBAL FACTOR LIMITED( Formerly known as GLOBAL TRADE FINANCE LIMITED) as per SEBI (ICDR) Guidelines.
No transfer or ex- change of any Redeemable Bond (or, in the event that any Redeemable Bond is to be repaid in part, such portion of the Redeemable Bond to be repaid) will be permitted after exercise of the repayment option.
The repayment option may be exercised by the holder of a Redeemable Bond for less than the entire principal amount of the Redeemable Bond, provided the principal amount which is to be repaid is set forth on the form entitled "Option to Elect Repayment" and is equal to $1,000 or any integral multiple thereof.
The First Ekiti State Floating Rate Redeemable Bond worth N4.0 billion was, however, delisted, following its full redemption.
Gain/(loss) relating to the Convertible Redeemable Bond According to the relevant accounting standards and the terms of the convertible redeemable bond, the liability components and the embedded derivatives of the convertible redeemable bond should be separately accounted for.
Similarly, 40,000 units of the first Yobe State Floating Rate Redeemable Bond worth N20 million and 1.6 million units of the first Delta State floating rate bond worth N160 million were traded during the review month.
Upon timely delivery of a Redeemable Bond to the Trustee with the "Option to Elect Repay- ment" form completed in accordance with the foregoing, the outstanding princi- pal amount of such Redeemable Bond (or portion thereof indicated on the "Op- tion to Elect Repayment") shall become due and payable on , at the price equal to 100% of the principal amount to be repaid, plus accrued and unpaid interest to .
All questions as to the validity, eligibility (including time of receipt) and acceptance of any Redeemable Bond for repayment will be determined by the Company, whose determination will be final, binding and non-appealable.
The repayment option may be exercised by the holder of a Redeemable Bond for less than the entire princi- pal amount of the Redeemable Bond, provided the principal amount which is to be repaid is set forth on the form entitled "Option to Elect Repayment" on the Redeemable Bond and is equal to $1,000 or any integral multiple thereof.