Long-Term Rate Period definition

Long-Term Rate Period means, with respect to any Note, any period of more than 364 days and not exceeding the remaining term to the Stated Maturity of such Note.
Long-Term Rate Period means any period established by the Company as hereinafter set forth under “— Determination of Interest Rates for Interest Rate Modes — Long Term Rates and Long Term Rate Periods” and beginning on, and including, the Conversion Date to the Long Term Rate and ending on, and including, the day preceding the last Interest Payment Date for such period and, thereafter, each successive period of the same duration as the Long Term Rate Period previously established until the day preceding the earliest of the change to a different Long Term Rate Period, the Conversion to a different Interest Rate Mode or the maturity of the Bonds.
Long-Term Rate Period means either a Medium-Term Rate Period or the Fixed Rate Period.

Examples of Long-Term Rate Period in a sentence

  • The Bonds shall be issued as fully registered bonds in (i) denominations of $100,000 and any integral multiple of $5,000 in excess of $100,000 during any Bank-Bought Rate Period or Weekly Rate Period and (ii) denominations of $5,000 and any integral multiples thereof during any Long-Term Rate Period or Adjustable Rate Period.

  • The Commission shall give written notice of any proposed conversion to the Trustee not fewer than seven Business Days (fourteen Business Days in the case of a proposed conversion to a Short-Term Rate Period or a Long-Term Rate Period) (unless in any instance of a conversion a shorter period of notice is determined to be acceptable by the Trustee) prior to the date the notice to affected Owners must be given pursuant to Section 2.04(b) of the proposed conversion.

  • The Remarketing Agent shall establish what would be the interest rate for the proposed Long-Term Rate Period as required by Section 2.02(c)(vi).

  • Any change by the Company of the Long-Term Rate Period may be conditional upon the establishment of an interest rate within certain limits chosen by the Company.

  • If the proposed change of the Long-Term Rate Period is cancelled as provided in this paragraph, any mandatory purchase of such Bonds will remain effective.


More Definitions of Long-Term Rate Period

Long-Term Rate Period means any period beginning on, and including, the Conversion Date to the Long-Term Rate and ending on, and including, the day preceding the Interest Payment Date selected by the Company in accordance with the requirements of Section 209(D) of the Indenture and each period of the same duration (or as close as possible) ending on the day preceding an Interest Payment Date thereafter until the earliest of the day preceding the change to a different Long-Term Rate Period, the Conversion to a different Interest Rate Mode or the maturity of the Bonds.
Long-Term Rate Period means each period described in Section 202 hereof during which the Bonds accrue interest at a Long-Term Rate.
Long-Term Rate Period means an Interest Rate Period of more than 365 consecutive calendar days and less than the remaining term of this Note established by the Company as provided herein. A Long Term Rate Period shall commence on the Interest Rate Adjustment Date therefor and end on the day preceding the date specified by such Remarketing Agent as the first day of the next Interest Rate Period for this Note, which day must be a Business Day and will be the Interest Adjustment Date for such next Interest Rate Period. The last day of each Long Term Rate Period must end on the day prior to the last Interest Payment Date for such period.
Long-Term Rate Period means the period during which Long-Term Rates are in effect for the Series A of 2020 Bonds.
Long-Term Rate Period means a period during which a Series of Bonds are Long- Term Rate Bonds.
Long-Term Rate Period means, with respect to any Note, an Interest Rate Period of more than 365 consecutive calendar days and less than the remaining term of such Note established by the Company as provided herein. A Long Term Rate Period shall commence on the Interest Rate Adjustment Date therefor and end on the day preceding the date specified by such Remarketing Agent as the first day of the next Interest Rate Period for this Note, which day must be a Business Day and will be the Interest Adjustment Date for such next Interest Rate Period. The last day of each Long Term Rate Period must end on the day prior to the last Interest Payment Date for such period.
Long-Term Rate Period means any period established by the Company pursuant to Section 2.02(d)(i) and beginning on, and including, the Conversion Date of Bonds to the Long-Term Rate andending on, and including, the day preceding the last Interest Payment Date for such period and, thereafter, each successive period, if any, of substantially the same duration as that established period until the day preceding the earliest of the change to a different Long-Term Rate Period, the Conversion of such Bonds to a different Interest Rate Mode or the maturity of the Bonds.