Examples of Initial Auction Date in a sentence
An Auction will be held in respect of each Series of Converted SABRES on the Initial Auction Date.
The Convertible Auction Rate Securities of each Series are subject to optional redemption on the Initial Auction Date for such Series and thereafter on any Business Day immediately following the end of an Auction Rate Period for such Series, from any available moneys, at the option of the District, in whole, or in part, on a pro rata basis among the Beneficial Owners, at a redemption price equal to the sum of the Accreted Value thereof plus accrued interest thereon to the redemption date, without premium.
If the Method Selection Agent for a Series which is then a Series of Remarketing Preferred selects the Auction Method for any subsequent Dividend Period, the Remarketing Agent for such Series will establish Dividend Periods and Applicable Rates for shares of such Series until the Initial Auction Date in a manner that will best promote an orderly transition to the Auction Method.
The objective of the SEA in Kenya is to “systematically integrate environmental considerations into policy, planning and decision-making processes, such that environmental information derived from the examination of proposed policies, plans, programmes or projects are used to support decision making”.
Interest on this Note shall accrue from and including the preceding Distribution Date for the Class B Notes (or, in the case of the first Accrual Period, the Closing Date) to but excluding the following Distribution Date for the Class B Notes (or, in the case of the first Accrual Period, to and including the Initial Auction Date for the Class B Notes) (each an “Accrual Period”).