Daily Mode means the Mode during which the Bonds or any subseries thereof bear interest at the Daily Rate.

Daily Mode means the Interest Mode during which the 2002 Series B Bonds bear interest at Daily Rates.

Daily Mode means the Mode during which a Series of Variable Rate Bonds bears interest at the Daily Rate.

Examples of Daily Mode in a sentence

Mode means the Daily Mode, Weekly Mode, Commercial Paper Mode, Index Floating Mode, Term Mode, or the Fixed Mode, as the context may require.
Bonds or portions thereof in the Daily Mode, Weekly Mode, or R- FLOATs Mode are required to be purchased at the option of the Registered Owner on the dates, by the Persons, at the price, from and to the extent of the funds, and on the other terms and conditions provided in the Bond Indenture.
While Bonds of a subseries are in a Daily Mode, a Weekly Mode, an R-FLOATs Mode, a Term Rate Mode, the Fixed Rate Mode (subject to Section 2.10), an Indexed Mode, or the Stepped Coupon Mode, all Bonds of such subseries shall bear interest at the same interest rate.
The Bonds are in registered form without coupons in the following denominations (the “Authorized Denominations”): in the Daily Mode or the Weekly Mode, $100,000 and any integral multiple of $5,000 in excess thereof; and in the Term Rate and Fixed Rate Modes, $5,000 and any integral multiple thereof.
Determination of Interest Rates During the Daily Mode, the Weekly Mode and the R-FLOATs Mode 26 SECTION 2.07.

More Definitions of Daily Mode

Daily Mode means an Interest Mode in which the interest rate on the Bonds in such Interest Mode is adjusted on each Business Day, or calendar day under certain circumstances, as provided in this Indenture.

Daily Mode means the Rate Mode during which the interest on the Floater Certificates is reset on a daily basis.

Daily Mode means the mode during which 2005A Bonds bear interest at a daily interest rate. “Daily Rate” means an interest rate determined on each Business Day pursuant to the EighteenthSupplemental Resolution.

Daily Mode means the Mode in which the interest rate on the Bonds is set at the Daily Rate, all as set forth in the form of Bond set forth in Section 2.03 hereof.

Daily Mode. The Mode during which the Bonds bear interest at the Daily Rate.

Daily Mode means the Mode during which all or any part of the 2020 Series C-2 Bonds bear interest at the Daily Rate.

Daily Mode means a Variable Interest Rate Mode in which the interest rate for the 2016 Series A Bonds is determined in accordance with the provisions of the 2016 Series A Resolution.