Fixed Rate Conversion Date definition

Fixed Rate Conversion Date shall have the meaning set forth in Section 4.02.
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Fixed Rate Conversion Date means with respect to a Bond, the date upon which the Fixed Rate first becomes effective for the Bond.
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Fixed Rate Conversion Date means the day on which the Interest Rate Determination Method shall be converted to the Fixed Rate.
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Examples of Fixed Rate Conversion Date in a sentence

  • Upon receipt of the notice of conversion to the Fixed Rate Mode from the Borrowers, the Remarketing Agent shall determine and announce the Fixed Rate not later than 2:00 P.M. New York, New York time two Business Days before the Fixed Rate Conversion Date.

  • The Fixed Rate shall be the lowest interest rate which in the judgment of the Remarketing Agent, on the basis of prevailing financial market conditions, would permit the sale of the Notes being so converted at par as of the Fixed Rate Conversion Date on the basis of their terms as converted.

  • Sale of the Notes at the Fixed Rate on the Fixed Rate Conversion Date shall be a precondition to such conversion.

  • Notwithstanding the foregoing, if the preconditions to conversion to the Fixed Rate Mode established by this Section 1(c) are not met by 10:00 A.M. New York, New York time on the Fixed Rate Conversion Date, the Administrative Agent shall deem the proposed conversion to have failed and the Notes shall remain in the then current Mode.

  • The Fixed Rate shall become effective on the Fixed Rate Conversion Date and shall remain in effect for the remaining term of the Notes.


More Definitions of Fixed Rate Conversion Date

Fixed Rate Conversion Date means the date on which the Bonds are converted to bear interest at the Fixed Rate pursuant to Section 3.04.
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Fixed Rate Conversion Date means any date, determined in accordance with Section 2.02(b) of this Indenture, on which the Bonds convert from bearing interest at a Floating Rate to bearing interest at a Fixed Rate or any date immediately following a Fixed Rate Period as of which the interest rate on the Bonds is reset at a Fixed Rate.
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Fixed Rate Conversion Date means the effective date of a Fixed Rate established in accordance with the terms of the Indenture.
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Fixed Rate Conversion Date means the day on which the interest rate on a Series of Bonds is converted to the Fixed Rate.
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Fixed Rate Conversion Date means the Daily Rate Interest Payment Date or the Weekly Rate Interest Payment Date on which the Bonds begin to bear interest at the Fixed Rate in accordance with the terms hereof.
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Fixed Rate Conversion Date means the Conversion Date on which the interest rate on any 2025 Bonds shall be converted to a Fixed Rate.
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Fixed Rate Conversion Date means the date on which the Bonds shall commence to bear interest at the Fixed Rate as provided in the Indenture, provided that if any such date shall not be a Business Day, such date shall be the next succeeding Business Day.
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