Bond agreement

Bond agreement

A contract for privately placed debt.
References in periodicals archive ?
The surety that backs the bond will investigate the claim and, if it finds the transmitter to have violated the bond agreement, will extend compensation to claimants.
Yet, the preferred approach would be to ensure that the arbitration provision is agreed to within the bond agreement itself, either explicitly or by incorporating the contract containing the agreement to arbitrate by reference in the bond.
The Partnership will deliver the requisite notices to the holders of the Partnerships 6.00% Senior Notes due 2019 and Norwegian Kroner-denominated senior notes due 2019 regarding the change of control pursuant to their indenture and bond agreement, respectively.
The Partnership will deliver the requisite notices to the holders of the Partnership's 6.00% Senior Notes due 2019 and Norwegian Kroner-denominated senior notes due 2019 regarding the change of control pursuant to their indenture and bond agreement, respectively.
(108) Recently, the IMF suggested the introduction of a "single limb" voting procedure--that is, a procedure that "requires only a single vote calculated on an aggregated basis across all affected bond series"into the sovereign bonds but cautioned that such "single limb" procedure is advisable only when "it offered all affected bondholders the same instrument or an identical menu of instruments." (109) Other variants of CACs focus on limiting the minority's ability to enforce the bond agreement. (110) These limitations can also be achieved through a trust structure.
A provision in the bond agreement stated that the coverage terminates immediately when a director not in collusion with the dishonest employee learns of any fraudulent act committed by such an employee.
Reportedly, VSS will within short convene a bondholders' meeting for bondholders in ISIN NO 001 0638158 - FRN Viking Supply Ships A/S senior unsecured open bond issue 2012/2017 to propose the amendments to the bond agreement.
Besides, DFH has established strategic partnerships with Cinda (111.HK) and HRIF (993.HK) at the beginning of last month by signing a convertible bond agreement amounting up to US$50.0 million.
In short, it all depends on the terms of the bond agreement. When purchasing bonds, an investor may purchase individual bonds or select a packaged product such as a mutual fund, ETF or a closed-end fund.
In its penalty decision in May 2014, the Health Practitioners Disciplinary Tribunal said Kristofer Antonio must have allowed his own bond agreement with the Selwyn Foundation to be used to construct the false bond agreements for the IQNs, who sought to qualify and work in New Zealand.
Paul Flanagan, a visiting fellow at the Australian National University, said a bond agreement between the Bank of PNG and the Treasury to fund a large government deficit is effectively printing money, and that could lead to hyperinflation.
The decision to allow Reserve Bank to enter into a special private placement bond agreement with the International Bank for Reconstruction and Development (IBRD) was approved by the Union Cabinet, headed by Prime Minister Manmohan Singh.