Bond Coupon Rate means the rate of interest accruing on the Bonds based on the Interest Rate Mode then in effect; provided that, following an Event of Default hereunder, the Bond Coupon Rate shall equal the Default Rate. In addition, the Bond Coupon Rate shall include any interest payable under the Note in excess of interest at the foregoing rate. At no time may the Bond Coupon Rate exceed the Maximum Rate.
Bond Coupon Rate means the lower of (i) [ ]% per annum and (ii) the Maximum Rate. “Bond Documents” means, collectively, the Bond, this Indenture, the Loan Agreement, the
Bond Coupon Rate means the rate of interest accruing on the Bonds based on the Interest Rate Mode then in effect; provided that, following an Event of Default hereunder, the Bond Coupon Rate shall equal the Default Rate. In addition, the Bond Coupon Rate shall include any interest payable under the Note in excess of interest at the foregoing rate.
Examples of Bond Coupon Rate in a sentence
The Indexing Agent will promptly after such determination notify the Trustee, the Borrower and the Bondholder Representative of the applicable Bond Coupon Rate.
The Trustee can conclusively rely on the Bond Coupon Rate information provided to it by the Indexing Agent.
The Bond Coupon Rate for each Interest Rate Period while the Bonds bear interest in the SIFMA Index Rate Mode or the MMD Index Rate Mode shall be determined by the Indexing Agent on each Interest Rate Determination Date.
The Trustee shall conclusively rely on the Bond Coupon Rate information provided to it by the Indexing Agent.
The Bond Coupon Rate for each Interest Rate Period shall be determined by the Indexing Agent on each Interest Rate Determination Date.
More Definitions of Bond Coupon Rate
Bond Coupon Rate means the lower of (i) [5.375]% per annum and (ii) the Maximum
Bond Coupon Rate. With respect to any Eligible Security and any month, the rate determined on the date such Eligible Security is included in the Revolver Borrowing Base.
Bond Coupon Rate means the lower of (i) the rate set forth with respect to a series of the Bonds on the Schedule of Financial Terms and (ii) the Maximum Rate.
Bond Coupon Rate means % per annum, which rate shall be equal to the sum of (a) 3.25%, plus (b) the product of (i) 70%, and (ii) the fixed swap rate quoted five (5) Business Days prior to the Issue Date utilizing 3-month USD LIBOR as the floating rate leg with an end date of May 1, 2035 as determined by the Controlling Person after getting market quotations from a financial institution providing such interest rate swaps.
Bond Coupon Rate means the rate of interest accruing on the Bonds based on the Interest Rate Mode then in effect. Following an Event of Default hereunder, the Bond Coupon Rate shall equal the Default Rate.
Bond Coupon Rate means % per annum, which rate shall be equal to the sum of (a) 2.95%, plus (b) the product of (i) 87% and (ii) the fixed swap rate quoted ten (10) Business Days prior to the Issue Date utilizing 3-Month LIBOR as the floating rate leg with a 15 year term as determined by the Controlling Person after getting market quotations from a financial institution providing such interest rate swaps.
Bond Coupon Rate means the lower of (i) [5.40]% per annum and (ii) the Maximum