Interest Method Change Date definition

Interest Method Change Date means any date on which the method of determining the interest rate on a Group of 2021 Series J Variable Rate Bonds changes (including a change in the Index Rate from the LIBOR Index Rate to the SIFMA Index Rate, or from the SIFMA Index Rate to the LIBOR Index Rate, as described in Section 401 of Appendix A hereto), or which is an Interest Adjustment Date pursuant to Section 501(D) or Section 601(D), respectively, of Appendix A hereto, or a Fixed Rate Reset Date pursuant to Section 701(A) of Appendix A hereto, as established by the terms and provisions of Appendix A hereto. In no event may an Interest Method Change Date occur with respect to a Group of 2021 Series J Variable Rate Bonds prior to the Initial Redemption or Tender Date with respect to such Group of 2021 Series J Variable Rate Bonds (except as provided in Section 105(F) hereof).

Interest Method Change Date means any date on which the method of determining the interest rate on the 2004 Bonds changes, as established by the terms and provisions of the Resolution; provided that an Interest Method Change Date may only occur on an Interest Payment Date or if such day is not a Business Day, the next succeeding Business Day.

Interest Method Change Date means any date on which the method of determining the interest rate on the 2008 Bonds changes or which is an Interest Adjustment Date pursuant to the Resolution, as established by the terms and provisions of the Resolution.

Examples of Interest Method Change Date in a sentence

• Such notice shall further specify the name, address and telephone number of the person or persons from whom information with respect to the Daily Rate for each succeeding Daily Rate Term may be obtained.(D) Unless an Interest Method Change Date occurs, a new Daily Rate Term shall automatically commence on the day after the termination of the current Daily Rate Term.

• If so provided in such Certificate, such 2020 Series J Prepayment Period Bonds (together with, if so provided in such Certificate, any other 2020 Series J Bonds to be remarketed as 2020 Series J Prepayment Period Bonds on the same date) on and after the Interest Method Change Date shall constitute a new Series within the 2020 Series J Bonds with such Series designation and CUSIP number as may be set forth in such Certificate.

• The 2020 Series J Bonds shall bear interest, payable in arrears, initially at the applicable Fixed Rate set forth below and from and after any Interest Method Change Date at the rates determined as provided in Sections 201, 301, 401, 501, 601 and 701 of this Appendix A, as applicable, and shall contain the Mandatory Purchase Provision and Demand Purchase Option set forth in Sections 801 and 802 hereof, respectively, as applicable.

• All other documents that are produced as part of the LDF will be required to conform to the Core Strategy.

• At such time as shall be designated by the Corporation for a change of the method of determining the interest rate on the 2008-2018 Bonds to the Term Rate or the date of commencement of a subsequent Term Rate Term (the “Term Rate Start Date”) until the earlier of the next Interest Method Change Date or the final maturity or redemption in whole of the 2008-2018 Bonds, the 2008-2018 Bonds shall bear interest at the Term Rate determined in accordance with this Section 601.

More Definitions of Interest Method Change Date

Interest Method Change Date means any date on which the method of determining the interest rate on a Series of 2022 Series D Bonds changes or which is an Interest Adjustment Date pursuant to Section 501(D) or Section 601(D), respectively, of Appendix A hereto, as established by the terms and provisions of Appendix A hereto and shall be (i) the Business Day immediately following any Term Rate Term and (ii) an Index Rate Interest Payment Date during any Index Rate Period.

Interest Method Change Date means any date on which the method of determining the interest rate on all of the 2013 Series B Bonds changes or which is an Interest Adjustment Date pursuant to the Resolution, as established by the terms and provisions of the Resolution; provided that an Interest Method Change Date may only occur on an Interest Payment Date during any Weekly Rate Period.

Interest Method Change Date means any date on which the method of determining the interest rate on a Group of 2022 Series F-1/2 Variable Rate Bonds changes (including a change in the Index Rate from the SOFR Index Rate to the SIFMA Index Rate, or from the SIFMA Index Rate to the SOFR Index Rate, as described in Section 401 of Appendix A hereto), or which is an Interest Adjustment Date pursuant to Section 501(D) or Section 601(D), respectively, of Appendix A hereto, or a Fixed Rate Reset Date pursuant to Section 701(A) of Appendix A hereto, as established by the terms and provisions of Appendix A hereto. In no event may an Interest Method Change Date occur with respect to a Group of 2022 Series F-1/2

Interest Method Change Date means any date on which the method of determining the interest rate on a Series of 2021 Series B Bonds changes or which is an Interest Adjustment Date pursuant to Section 501(D) or Section 601(D), respectively, of Appendix A hereto, as established by the terms and provisions of Appendix A hereto and shall be (i) the Business Day immediately following any Term Rate Term and (ii) a Reset Date that is a Business Day (or the first Business Day next succeeding a Reset Date that is not a Business Day) during any Index Rate Period.

Interest Method Change Date means any date on which the method of determining the interest rate on a Group of 2023 Series B Variable Rate Bonds changes, or which is an Interest Adjustment Date pursuant to Section 501(D) or Section 601(D), respectively, of Appendix A hereto, or a Fixed Rate Reset Date pursuant to Section 701(A) of Appendix A hereto, as established by the terms and provisions of Appendix A hereto. In no event may an Interest Method Change Date occur with respect to a Group of 2023 Series B Variable Rate Bonds prior to the Initial Redemption or Tender Date with respect to such Group of 2023 Series B Variable Rate Bonds (except as provided in Section 105(F) hereof).

Interest Method Change Date shall have the meaning given such term in the Resolution or Indenture.

Interest Method Change Date means any date on which the method of determining the interest rate on a Series of 2016 Series J Bonds changes (including a change during the Private Placement Mode from the LIBOR Index Rate Private Placement Mode SOFR Index Rate to the MMD Index Rate or the SIFMA Index Rate, or from the MMD Index Rate to the LIBOR Index Rate Private Placement Mode SOFR Index Rate or the SIFMA Index Rate, or from the SIFMA Index Rate to the LIBOR Index Rate Private Placement Mode SOFR Index Rate or the MMD Index Rate, as described in Section 901 of Appendix A hereto, but excluding the change effected by the amendments hereto effective on May 2, 2022), or which is an Index Rate Change Date pursuant to Section 402(A) of Appendix A hereto, or which is an Interest Adjustment Date pursuant to Section 501(D) or Section 601(D), respectively, of Appendix A hereto, as established by the terms and provisions of Appendix A hereto; provided, however, that an Interest Method Change Date may only occur (i) on an Interest Payment Date during any Weekly Rate Period, or if such day is not a Business Day, the next succeeding Business Day, (ii) on the Business Day immediately following any Term Rate Term and (iii) on a Reset Date that is a Business Day (or on the first Business Day next succeeding a Reset Date that is not a Business Day), on the Conversion Tender Date an Index Rate Interest Payment Date, or on a Post- Conversion Tender Date, during any Index Rate Period.”