Condition of Bond Given to City by Holder of Permit to Use V

A put bond is a type of bond in which the bondholder has the right to require the issuer to repurchase the securities before to maturity on certain dates. At the time of issuance, the par value is used to determine the buyback price (the face value of the bond). Coupons are interest payments made to bondholders on a regular basis. Bond holders receive their initial main investment back at maturity. Bond issuers can save money by lowering their cost of borrowing by issuing bonds with lower yields. However, an issuer may include options that are beneficial to bond investors in order to convince people to take a lower form on a bond. The put bond, sometimes called a puttable bond, is a good option for those looking to invest. A put bond is a bond that includes a put option, which gives the bondholder the right but not the responsibility to require the issuer or a third party acting as an agent of the issuer to return the principal of the bond at any time before to its maturity. The bond’s put option can be triggered before maturity by the occurrence of a predetermined event or condition, or at a predetermined time or times. When bondholders have the opportunity to “put” their bonds back to the issuer, it might be only once (in the case of a “one-time put bond”) or on many occasions over the bond’s existence. When market interest rates rise, bondholders are able to exercise their options. Bond prices are inversely proportional to interest rates, thus as rates rise, bond prices fall because investors realize that they may buy other bonds with greater coupon rates. In a rising interest rate environment, the future value of coupon rates decreases. During a bond swap, investors sell their bonds to the issuer at par and use the funds to purchase a new, comparable bond with a higher yield.

Any reference to a numbered Bond Condition must be understood in this manner, and the phrase “Bond Conditions” refers to the terms and conditions of the Bond in the form that are outlined in the Bond Subscription and Agency Agreement. (C) Initial Depreciation Period and Initial Enforcement Period Along each Bond Attached Invoice considering a Trust Distribution Date that descends in the Early Amortisation Period or the Accountability Period, predominantly in deference of the Bond will be paid, to the extent that funds are available therefor in accordance with the priority of reimbursements set forth in the Contract Administration Consensus (as set out in “—Application of Funds on Special relationship Payment Dates” below), and after payment of the Bond Scheduled Amortisation Portion that is due on such Bond Payment Date. This will take place after payment

A defendant can get out of jail by posting bail. Defendants are often released from jail when a bond is deposited on their behalf, generally by a bail bond business. Individuals accused of a crime and have outstanding warrants are often not granted bail.