Bond HoldersNominated Account” meansthe bank accountspecified bythe BondHolder into whichthe Company willmake Inter- est Payments and repay theprincipal ofthe Bond on theRedemption Date Sample 1 Bond Holder. “Holder” or “Holder of Bonds” shall mean theregistered ownerof any Series of Bondsof...
A death put is an optional redemption feature on a debt instrument allowing the beneficiary of the estate of the deceased to put (sell) the bond (back to the issuer) in the event of the beneficiary's death or legal incapacitation. Also known as a “survivor's option”. Sinking fund pr...