Sterling Bonds definition

Sterling Bonds means the 6% bonds due April 2017 issued by WPP 2008 Limited (formerly WPP Group plc and subsequently substituted as issuer by WPP plc) and the 6.375% bonds due November 2020 issued by WPP Finance S.A.
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Sterling Bonds means the £407,891,000 of bonds issued by the Parent.
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Sterling Bonds means the L300,000,000 7.125 per cent. bonds due 2005 and the L200,000,000 7.375 per cent. bonds due 2017, issued by the Target pursuant to trust deeds dated 27 February 1998 between the Target and Royal Exchange Trust Company Limited.
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Examples of Sterling Bonds in a sentence

  • Bonds due 2017 of CWC (the "Sterling Bonds"), including those necessary to enable Covenant Defeasance (the "Sterling Bond Proposals").

  • Had such opportunity been available on 4 February 2000 (the latest practicable date prior to the printing of the documents posted yesterday), Cable & Wireless would have offered to purchase the Sterling Bonds on the following basis (in each case excluding any accrued interest): (UK Pound) 300,000,000 7.125 per cent.

  • Bonds due 2017 (UK Pound) 1,239.11 per (UK Pound) 1,000 held If sufficient Sterling Bonds of either series are sold to Cable & Wireless or a subsidiary of Cable & Wireless, it is the intention of Cable & Wireless to procure the redemption of all remaining Sterling Bonds of the relevant series pursuant to a right of redemption set out in the Sterling Bond Proposals.

  • STERLING BOND PROPOSALS The terms of the trust deeds constituting the Sterling Bonds of each series do not presently permit CWC to redeem either series of Sterling Bonds in the same way as it can the Yankee Bonds (as described in paragraph 8 above).

  • However, because the deposit of the cash and/or US government securities with the trustee of the Yankee Bonds would constitute the creation of a security interest by CWC for the purposes of its negative pledge under the Sterling Bonds, the consent of Sterling Bondholders of each series will be necessary before CWC can effect Covenant Defeasance, which consent CWC intends to seek, on the terms set out in its circular to Sterling Bondholders.

  • The Sterling Bond Proposals would, amongst other things, result in Mercury, the principal subsidiary of CWC DataCo, being substituted in place of CWC as the issuer in respect of the Sterling Bonds of each series with effect from Completion of the Transaction, with the benefit of a Cable & Wireless guarantee.

  • The meeting of the holders of the Sterling Bonds due 2005 will be held at 11.00 a.m. and the meeting of the holders of the Sterling Bonds due 2017 will be held at 11.15 a.m. on the same day or as soon thereafter as the meeting of the holders of the Sterling Bonds due 2005 is adjourned or concluded.

  • The Sterling Bond Proposals are to be considered at separate meetings of the Sterling Bondholders of each series convened for 14 March 2000 and will, if approved by an Extraordinary Resolution of the Sterling Bondholders of the relevant series and on becoming fully unconditional, result in certain other modifications to the Sterling Bonds of each series, as described in the documents posted yesterday.

  • Proposals to Bondholders: As part of the refinancing of CWC, it is proposed that CWC's Yankee Bonds will be repaid and that proposals will be made to holders of CWC's Sterling Bonds.


More Definitions of Sterling Bonds

Sterling Bonds means the Pound Sterling300,000,000 7.125 per cent. bonds due 2005 and the Pound Sterling200,000,000 7.375 per cent. bonds due 2017, issued by the Target pursuant to trust deeds dated 27 February 1998 between the Target and Royal Exchange Trust Company Limited.
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Sterling Bonds means the (pound)200 million bonds @ 9.25% due 2020 issued by YEG plc and the (pound)200 million bonds @ 7.25 % due 2028 issued by Yorkshire Power Finance Limited;
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Related to Sterling Bonds

  • Existing Bonds means the following obligations of Seller:

  • Refunding Bonds means Bonds issued pursuant to provisions of this Master Indenture, the proceeds of which are used to refund one or more Series of Outstanding Bonds.

  • Outstanding Bonds means any Bonds not redeemed or otherwise discharged.

  • Bank Bonds means any Bonds purchased with moneys received under the Letter of Credit in connection with a Liquidity Drawing and held by the Tender Agent, or its agent, in each case, for the account of the Issuing Bank.

  • Refunded Bonds means the portion of the $205,000 of the Series K Bonds now outstanding that are stated to mature on December 1 in each of the years 2021 and 2022 that is to be refunded by the Bonds, as determined by the Fiscal Officer and specified in the Certificate of Award at the time of the sale of the Bonds in accordance with Section 2.

  • Term Bonds means Bonds that mature on one date and that are subject to mandatory redemption from Amortization Installments or are subject to extraordinary mandatory or mandatory redemption upon receipt of unscheduled Pledged Revenues.

  • Refunding Bond means any Bond authenticated and delivered on original issuance pursuant to the Second Resolution for the purpose of refunding any Outstanding Bonds, or thereafter authenticated and delivered pursuant to the Second Resolution in lieu of or substitution for such Bond.

  • Corporate Bonds means debt securities issued by private and public corporations.

  • Revenue bonds means the following types of instruments payable from the sources provided in the Central Valley Project Act: revenue bonds, notes, refunding bonds, refunding notes, bond anticipation notes, certificates of indebtedness, and other evidences of indebtedness.

  • Voting Bonds means the Outstanding Bonds less the Issuer’s Bonds.

  • School Bonds means School Obligations issued as Bonds.

  • Replacement Bonds means Bonds issued to the Beneficial Owners of the Bonds in accordance with Section 210 hereof.

  • Series 2020 Bonds means the West Virginia Hospital Finance Authority Refunding Revenue Bonds (Thomas Health System, Inc.), Series 2020 A to be issued as a combination of tax-exempt and taxable non-rated fixed rate bonds by the Issuer, subject to its authority and discretion, in the aggregate principal amount of $60,100,000, to (i) refund and retire the Series 2008 Bonds at a discount to the current par amount outstanding, (ii) fund a debt service reserve fund for the Series 2020 Bonds, (iii) fund the Operating Reserve Fund, if necessary, as described in Article IV.C.1 of the Plan and (iv) finance costs of issuance of the Series 2020 Bonds.

  • Series A Bonds means the Series A Senior Secured Nuclear Asset-Recovery Bonds issued by the Issuer on June 22, 2016.

  • Series 2019 Bonds means, collectively, the Series 2019A Bonds and the Series 2019B Bonds.

  • Transition bonds means bonds, notes, certificates of

  • Covered Bonds means any and all the covered bonds (obbligazioni bancarie garantite) issued or to be issued by the Issuer pursuant to the terms and subject to the conditions of the Programme Agreement.

  • Series 2017 Bonds means, collectively, the Series 2017A Bonds and the Series 2017B Bonds.

  • Debt bondage means the status or condition of a debtor arising from a pledge by the debtor of his or her personal services or of those of a person under his or her control as a security for debt, if the value of those services as reasonably assessed is not applied

  • Escrowed Bonds means Municipal Obligations that (i) have been determined to be legally defeased in accordance with S&P’s legal defeasance criteria, (ii) have been determined to be economically defeased in accordance with S&P’s economic defeasance criteria and assigned a rating of AAA by S&P, (iii) are not rated by S&P but have been determined to be legally defeased by S&P or (iv) have been determined to be economically defeased by S&P and assigned a rating no lower than the rating that is S&P equivalent of S&P’s AAA rating. In the event that a defeased obligation which is an S&P Eligible Asset does not meet the criteria of an Escrowed Bond, such Municipal Obligation will be deemed to remain in the Issue Type Category into which it fell prior to such defeasance.

  • First Mortgage Bonds means bonds issued by the Company pursuant to the Indenture.

  • 2028 Notes means those 6.500% Senior Notes due 2028 issued by the Borrower in an aggregate principal amount of $400,000,000 pursuant to the 2028 Notes Documents.

  • Municipal Bonds means "Municipal Bonds" as defined in the Corporation's Registration Statement on Form N-2 (File No. 333-_____) relating to the AMPS on file with the Securities and Exchange Commission, as such Registration Statement may be amended from time to time, as well as short-term municipal obligations, High Yield Municipal Bonds and Inverse Floaters.

  • Prior Bonds means the assessment bonds that are refunded in part or in whole by refunding assessment bonds.

  • Bonds means any bonds (including refunding bonds), notes, interim certificates, certificates of indebtedness, debentures or other obligations.