Equipment Bond

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Equipment Bond

A bond that a railroad issues in order to purchase trains and anything else that moves on the railway. The bond is secured by the assets purchased; that is, if coupon or other payments are not made, bondholders may confiscate and sell the equipment financed by the bond.
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2, 1991, principal and interest payment and the June 1, 1992, interest payment, voted to: (a) disapprove all three of RACI's plans; (b) limit the operating subsidy to a maximum of $100,000 per month for six months; (c) authorize purchase of RACI's equipment bonds, which were reportedly in technical default; and (d) reaffirm the county's intent to meet its financial obligations and effect a refinancing of the racetrack bonds, assuming a finding of the legality of the county's obligations on the bonds by the Iowa Supreme Court.
Customer Premise Equipment Bonds Up to Six Broadband Connections Significantly Enhancing Local Network Speed and Reliability
Credit for these notes rests on the short, five-year life, the prior appropriation experience for other educational equipment bonds and notes, VPSA's historical record of financing local school capital needs with no local default experience, and the commonwealth's fundamental strengths (evidenced by the 'AAA' rating on its general obligation bonds) and commitment to education.
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