block bond

common bond

common bond
A pattern of brickwork in which every third, fifth, sixth, or seventh course consists of headers (i.e., bricks laid horizontally with their lengths perpendicular to the face of the wall), and the other courses consist of stretchers (i.e., bricks laid horizontally so that their lengths are parallel to the face of the wall). This pattern is widely used because it can be laid relatively quickly.
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References in periodicals archive ?
PGI's debt problems began at the end of last year when its lenders exercised their rights to block bond payments after the company defaulted on a senior credit facility.
Just before the end of the year, the world's fourth largest roll goods producer, PGI Nonwovens, admitted to debt problems when it defaulted on a senior credit facility, and its lenders exercised their rights to block bond payments.
Charleston, SC, admitted to debt problems recently when it said it was in default on a senior credit facility and its lenders exercised their right to block bond payments.