Optional Tender Date definition

Optional Tender Date means any Business Day during a Daily Rate Period, Two-Day Rate Period or Weekly Rate Period.
Optional Tender Date means the same as that term is defined in the Indenture.
Optional Tender Date means (i) with respect to Floater Certificates in the Daily or Weekly Mode, any Business Day; (ii) with respect to Floater Certificates in the Monthly Mode, the first Business Day of each calendar month; (iii) with respect to Floater Certificates in the Term Mode with Term Periods 30 days or less in duration, the first Business Day of each Term Period; (iv) with respect to Floater Certificates in any Mode, the date of any increase in the Remarketing Agent Fee Rate, the Liquidity Fee Rate or the Trustee Fee Rate pursuant to Section 3.3(e); (v) the Business Day preceding the effective date of any amendment of any provision of the Trust Agreement pursuant to Section 14.4(c) or the waiver of any provision of the Trust Agreement; and (vi) the Business Day preceding the effective date of any amendment of any provision of the Bonds or the governing instrument pursuant to which the Bonds were issued or the waiver of any provision of any of the foregoing agreements.

Examples of Optional Tender Date in a sentence

  • If any notice of Optional Tender specifies an Optional Tender Date that is not a Business Day, then such notice shall be deemed to specify the next following Business Day as the Optional Tender Date.

  • The Company shall cause an Optional Tender Purchase on each Optional Tender Date and Mandatory Purchase of all Tendered Bonds on each Mandatory Tender Date.

  • On any Optional Tender Date or Mandatory Tender Date, the Purchase Price for all Tendered Bonds shall be paid as and to the extent provided in Section 405.

  • If a written notice of Optional Tender shall have been duly given with respect to any bond in Weekly Rate Mode, the Holder of such bond shall deliver such bond to the Office of the Trustee on the Optional Tender Date, together with all necessary endorsements for transfer.

  • In order to exercise such option with respect to any bond, the Holder thereof must deliver notice thereof to the Trustee, as provided below, at least 7 days prior to the proposed Optional Tender Date so long as the bonds are in Weekly Rate Mode, and at least 120 days prior to the proposed Optional Tender Date so long as the bonds are in Direct Purchase Mode.


More Definitions of Optional Tender Date

Optional Tender Date means any date on which Bonds are to be purchased pursuant to the Optional Tender provisions of Section 301 hereof.
Optional Tender Date means a date on which a Bond is to be purchased pursuant to an Optional Tender.
Optional Tender Date means, with respect to a Series, the date on which an Optional Tender Purchase is required pursuant to Section 307 or a Supplemental Indenture.
Optional Tender Date. ’ means any Business Day during a Daily Rate Period or the first day of a Weekly Rate Period.
Optional Tender Date. As provided in the Indenture.
Optional Tender Date means a date upon which Bonds are subject to tender for purchase at the option of the Holders thereof in accordance with provisions of Section 5.04 hereof.
Optional Tender Date means, with respect to a Series of Bonds, (i) during any Weekly Rate Period, any Business Day, and (ii) during any Monthly Rate Period, the first Business Day of each Interest Period.