Bond Interest Rate definition

Bond Interest Rate means, with respect to any Tranche of Storm Recovery Bonds, the rate at which interest accrues on the Storm Recovery Bonds of such Series or Tranche, as specified in the Series Supplement.

Bond Interest Rate means, with respect to any Tranche of Securitization Bonds, the rate at which interest accrues on the Securitization Bonds of such Tranche, as specified in the Series Supplement.

Bond Interest Rate. With respect to each Payment Date and each Class of Bonds, a floating rate equal to the least of (i) One-Month LIBOR plus the related Bond Margin, (ii) the Maximum Bond Rate and (iii) the Available Funds Rate with respect to such Payment Date.

Examples of Bond Interest Rate in a sentence

• At the option and discretion of Developer, the Bonds may bear interest at (i) zero percent (0%) from their date of issuance until construction activities on the Project have been completed (“Substantial Completion”) or (ii) at the Bond Interest Rate (as hereinafter defined) from their date of issuance throughout the term of the Bonds.

• After the Project has been assessed and is generating TIF Revenues the Bonds will (i) bear interest at the Bond Interest Rate and (ii) be in accordance with the City authorizations relating to the Bonds.

• At the option and discretion of Company, the Mixed-Use Bonds may bear interest at (i) zero percent from their date of issuance until Substantial Completion (and, thereafter, at the Bond Interest Rate (as hereinafter defined)); or (ii) at the Bond Interest Rate from their date of issuance throughout the Bond Term.

• After the Mixed-Use Project has been assessed and is generating increment, the Mixed-Use Bonds will (i) bear interest at the Bond Interest Rate and (ii) be in accordance with the town authorizations relating to the Mixed-Use Bonds.

• After the Project has been assessed and is generating increment, the Bonds will (i) bear interest at the Bond Interest Rate and (ii) be in accordance with the City authorizations relating to the Bonds.

More Definitions of Bond Interest Rate

Bond Interest Rate has the meaning set forth in Section 2 of this Supplement.

Bond Interest Rate means, with respect to any Series or WAL of Nuclear Asset-Recovery Bonds, the rate at which interest accrues on the Nuclear Asset-Recovery Bonds of such Series or WAL, as specified in the applicable Series Supplement.

Bond Interest Rate means, with respect to any Tranche of Deferred Fuel Cost Bonds, the rate at which interest accrues on the Deferred Fuel Cost Bonds of such Tranche, as specified in the Supplemental Indenture.

Bond Interest Rate. With respect to any Series or Class, the per annum rate at which interest accrues on the Bonds of such Series or Class, which rate shall be specified in the related Terms Indenture.

Bond Interest Rate means, with respect to any Tranche of Bonds, the Bond Interest Rate therefor, as specified in Section 2.01(b).

Bond Interest Rate means the rate of interest applicable to any particular Bond, as set forth in the applicable Pricing Agreement.

Bond Interest Rate. As determined in Aggregate Bond Principal Amount of the accordance with the Indenture Class A-2 Bonds as of the Closing Date: $94,831,000