FRN Rate Period definition

FRN Rate Period means each period during which a Series of Bonds are FRN RateBonds.
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FRN Rate Period means each period during which the Bonds are FRN Rate Bonds.
Sample 1

Examples of FRN Rate Period in a sentence

  • This has implications for public trust as well, particularly in the context of non-violent crimes.323 We discuss additional concerns for specific populations such as newborns, juveniles, non-citizens, and victims infra.

  • If the Bonds shall remain FRN Rate Bonds in a new FRN Rate Period, the Remarketing Agent may adjust the FRN Spread and will promptly notify the Trustee and the Authority of any such adjustment.

  • The fairness of the pay system1234 Working Conditions and Workplace Safety3.

  • Security issues will be addressed in the revised Physical Stock Inventory Procedures.

  • If the Authority has made the election to continue as FRN Rate Bonds in a new FRN Rate Period, the Remarketing Agent shall offer for sale and use its best efforts to sell such Bonds at the minimum interest rate which would enable the Remarketing Agent to sell all of such Bonds at a price (without regard to accrued interest) equal to the principal amount thereof.

  • In the case of a conversion to an FRN Rate from another Interest Rate Mode or the continuation of Bonds as FRN Rate Bonds in a new FRN Rate Period, the Authority shall, prior to such conversion, elect by written notice to the Trustee, the Tender Agent and the Remarketing Agent that such FRN Rate Bonds be either FRN Rate Hard Put Bonds or FRN Rate Soft Put Bonds.

  • At the time the Remarketing Agent determines the FRN Spread, the Remarketing Agent shall also determine the FRN Rate Determination Date for such new FRN Rate Period.

  • Still, my first feeling, when Major Fitz-David left me, was a feeling of heat and oppression, with its natural result, a difficulty in breathing freely.

  • While in the MMD FRN Rate Period, the Series 2016A Bonds are subject to tender prior to maturity on such dates and at such prices as are set forth below.

  • While the Series 2016A Bonds are in an MMD FRN Rate Period, the Purchase Price shall be required to be paid on each Mandatory Purchase Date only to the extent that(a) remarketing proceeds or (b) other amounts made available by the Authority, in its sole discretion, are available for such purchase, as described below.

Related to FRN Rate Period

  • Fixed Rate Period has the meaning set forth in Section 2.5(b)(i) hereof.

  • Floating Rate Period has the meaning set forth in section 2.5(b)(ii) hereof.

  • Special Rate Period with respect to the VRDP Shares, has the meaning specified in paragraph (a) of Section 4 of Part I of the Articles Supplementary.

  • Term Rate Period means any period of time during which a Group of 2021 Series A Variable Rate Bonds bears interest at the Term Rate.

  • Weekly Rate Period means any period of time during which a Group of 2020 Series D Variable Rate Bonds bears interest at the Weekly Rate.

  • Quarterly Floating Rate Period means, for the initial Quarterly Floating Rate Period, the period commencing on March 20, 2020 and ending on and including June 19, 2020, and thereafter the period from and including the day immediately following the end of the immediately preceding Quarterly Floating Rate Period to but excluding the next succeeding Quarterly Commencement Date.

  • Interest Rate Period means that period of time for which the interest rate with respect to the Bonds has been determined by the Remarketing Agent or otherwise as provided in the definition of the applicable Interest Rate Mode, commencing on the applicable Interest Rate Adjustment Date, and terminating on the day immediately preceding the following Interest Rate Adjustment Date, if any.

  • Initial Fixed Rate Period means the period commencing on the Issue Date and ending on and including June 30, 2020.

  • Initial Rate Period means, with respect to the VMTP Shares of any Series, the period commencing on and including the Date of Original Issue thereof and ending on, and including, the next succeeding calendar day that is a Wednesday (or if such Wednesday is not a Business Day, the next succeeding Business Day).

  • Subsequent Fixed Rate Period means for the initial Subsequent Fixed Rate Period, the period commencing on April 1, 2022 and ending on and including March 31, 2027 and for each succeeding Subsequent Fixed Rate Period, the period commencing on the day immediately following the end of the immediately preceding Subsequent Fixed Rate Period and ending on and including March 31 in the fifth year thereafter.

  • Subsequent Rate Period means, with respect to any Series of VMTP Shares, the period consisting of seven calendar days, but adjusted in each case to reflect any changes when the regular calendar day that is a Rate Determination Date is not a Business Day, from, and including, the first calendar day following the Initial Rate Period of such Series to, and including, the next Rate Determination Date for such Series and any period thereafter from, and including, the first calendar day following a Rate Determination Date for shares of such Series to, and including, the next succeeding Rate Determination Date for shares of such Series.

  • Daily Rate Period means a period commencing on one Business Day and extending to, but not including, the next succeeding Business Day, during which Multi-Modal Bonds bear interest at the Daily Rate.

  • Rate Period has the meaning set forth in the Statement.

  • Fixed Rate Period Remaining Life means, with respect to any Debenture, the period from the Special Redemption Date for such Debenture to the Interest Payment Date in December 2010.

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • Minimum Rate Period means any Rate Period consisting of 7 Rate Period Days.

  • Fixed Rate Interest Period means the period beginning on (and including) the Issue Date and ending on (but excluding) the first Fixed Rate Interest Payment Date, and each successive period beginning on (and including) a Fixed Rate Interest Payment Date and ending on (but excluding) the next succeeding Fixed Rate Interest Payment Date.

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • Subsequent Reset Rate of Interest means, in respect of any Subsequent Reset Period and subject to Condition 4(b)(ii), the rate of interest determined by the Calculation Agent on the relevant Reset Determination Date as the sum of the relevant Mid-Swap Rate and the relevant Subsequent Margin.

  • Floating Rate Interest Period means, during the Floating Rate Period, the period beginning on (and including) a Floating Rate Period Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Period Interest Payment Date; provided that the first Floating Rate Interest Period will begin on (and include) April 18, 2025 and will end on (but exclude) the first Floating Rate Period Interest Payment Date.

  • Pricing Rate Determination Date means with respect to any Pricing Rate Period with respect to any Transaction, the second (2nd) Business Day preceding the first day of such Pricing Rate Period.

  • Fixed Rate Term means a period commencing on a Business Day and continuing for 1, 2 or 3 months, as designated by Borrower, during which all or a portion of the outstanding principal balance of this Note bears interest determined in relation to LIBOR; provided however, that no Fixed Rate Term may be selected for a principal amount less than $100,000.00; and provided further, that no Fixed Rate Term shall extend beyond the scheduled maturity date hereof. If any Fixed Rate Term would end on a day which is not a Business Day, then such Fixed Rate Term shall be extended to the next succeeding Business Day.

  • Reference Rate Determination Date means, in relation to any Reference Rate Business Day(i):

  • Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Optional Reset Date has the meaning specified in Section 3.7.