Net Loan Rate Restriction Period definition

Net Loan Rate Restriction Period means, with respect to any series of the Series [ ] Notes, the period of time from and including a Net Loan Rate Trigger Date to but excluding a Net Loan Rate Termination Date.
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Net Loan Rate Restriction Period means the period of time from and including a Net Loan Rate Trigger Date to but excluding a Net Loan Rate Termination Date.
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Net Loan Rate Restriction Period means, with respect to any series of the Series 2001 Notes, the period of time from and including a Net Loan Rate Trigger Date to but excluding a Net Loan Rate Termination Date.
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Examples of Net Loan Rate Restriction Period in a sentence

  • Hambleton District Council held no assets that fall under the Heritage Asset category for the either 2012/13 or 2011/2012 financial year.

  • If the Net Loan Rate Restriction Period is applicable for an Auction Period, the Issuer shall calculate the Net Loan Rate, the Adjusted Student Loan Portfolio Rate of Return and the Program Expense Percentage and shall notify the Trustee, the Auction Agent and the Broker-Dealers of such calculations.

  • If the Auction Rate and the Maximum Interest Rate both exceed the lesser of the Maximum Auction Rate or (during a Net Loan Rate Restriction Period) the Net Loan Rate, then the excess of the amount of interest that would have accrued on the ARC Notes at the lesser of the Auction Rate or the Maximum Interest Rate, over the amount of interest actually accrued at the lesser of the Maximum Auction Rate or (if applicable) the Net Loan Rate, will accrue as the Carry-over Amount.

  • If the Net Loan Rate Restriction Period is applicable for an Auction Period, the Issuer shall calculate the Net Loan Rate and the Program Expense Percentage and shall notify the Trustee, the Auction Agent and the Broker-Dealers of such calculations.

  • The Net Loan Rate applicable to any Auction Period for which an Auction occurred during a Net Loan Rate Restriction Period shall be the Net Loan Rate most recently determined on or prior to the first day of such Auction Period.

  • If the Auction Rate and the Maximum Interest Rate both exceed the lesser of the Maximum Auction Rate or (during a Net Loan Rate Restriction Period) the Net Loan Rate, then the excess of the amount of interest that would have accrued on the Series 2004-1 ARC Notes at the lesser of the Auction Rate or the Maximum Interest Rate, over the amount of interest actually accrued at the lesser of the Maximum Auction Rate or (if applicable) the Net Loan Rate, will accrue as the Carry-over Amount.

  • If the 25th day of a month will occur during a Net Loan Rate Restriction Period, the Issuer shall calculate the then applicable Net Loan Rate on the Business Day immediately preceding such 25th day, and shall notify the Trustee, the Auction Agent and the Broker-Dealers of such Net Loan Rate.

  • If the Auction Rate and the Maximum Interest Rate both exceed the lesser of the Maximum Auction Rate or (during a Net Loan Rate Restriction Period) the Net Loan Rate, then the excess of the amount of interest that would have accrued on the Series 2003-1 ARC Notes at the lesser of the Auction Rate or the Maximum Interest Rate, over the amount of interest actually accrued at the lesser of the Maximum Auction Rate or (if applicable) the Net Loan Rate, will accrue as the Carry-over Amount.

  • By the 10th day of each month, the Issuer shall determine whether the Net Loan Rate Restriction Period will be applicable as of the 25th day of such month and, if it is, the Issuer shall notify the Trustee, the Auction Agent and the Broker-Dealers of such event.

  • The Net Loan Rate will be taken into account only for Auction Periods that commence during a Net Loan Rate Restriction Period.


More Definitions of Net Loan Rate Restriction Period

Net Loan Rate Restriction Period means, with respect to any Class of Auction Rate Notes, the period of time from and including a Net Loan Rate Trigger Date to but excluding a Net Loan Rate Termination Date.
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Net Loan Rate Restriction Period means, with respect to any series of the Series 200_-_ Notes, the period of time from and including a Net Loan Rate Trigger Date to but excluding a Net Loan Rate Termination Date.
Sample 1
Net Loan Rate Restriction Period means, with respect to any Series of the Series 2007-2 Auction Rate Notes, the period of time from and including a Net Loan Rate Trigger Date to but excluding a Net Loan Rate Termination Date. Capitalized terms used in this definition but not otherwise defined in the Auction Procedures or this Schedule I shall have the meanings ascribed to such terms in the Authorizing Document or Schedule II to the Auction Procedures.
Sample 1
Net Loan Rate Restriction Period means, for any class of ARC Notes, the Auction Period which immediately follows any Auction Period with respect to which the Auction Rate for such class exceeded a per annum rate equal to the sum of (a) the Ninety-One Day United States Treasury Bill Rate as of the Auction Date for such preceding Auction Period, plus (b) 1.0%.
Sample 1

Related to Net Loan Rate Restriction Period

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Resale Restriction Termination Date shall have the meaning specified in Section 2.05(c).

  • Subsequent Rate Period means, with respect to any Series of RVMTP 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.

  • Rental Period means the calendar period during which Government property is made available for nongovernmental purposes.

  • 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.

  • Holding Period means, with respect to a Hold-the-Offering-Price Maturity, the period starting on the Sale Date and ending on the earlier of (i) the close of the fifth business day after the Sale Date ( ), or (ii) the date on which the Underwriter has sold at least 10% of such Hold-the-Offering-Price Maturity to the Public at prices that are no higher than the Initial Offering Price for such Hold-the-Offering-Price Maturity.

  • 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.

  • Subsequent Reset Period means the period from (and including) the Second Reset Date to (but excluding) the next Subsequent Reset Date, and each successive period from (and including) a Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date; and

  • Distribution Compliance Period means the period that ends 40 days after the completion of the distribution of each Tranche of Notes, as certified by the relevant Dealer (in the case of a non-syndicated issue) or the relevant Lead Manager (in the case of a syndicated issue);

  • Controlled Accumulation Period Factor means, for each Monthly Period, a fraction, the numerator of which is equal to the sum of the series invested amounts as of the last day of the prior Monthly Period of all outstanding Series, and the denominator of which is equal to the sum (without duplication) of (a) the Series Invested Amount as of the last day of the prior Monthly Period, (b) the series invested amounts as of the last day of the prior Monthly Period of all outstanding Series (other than Series 1997-1) that are not expected to be in their revolving periods, and (c) the series invested amounts as of the last day of the prior Monthly Period of all other outstanding Series that are not Principal Sharing Series and are in their revolving periods.

  • Subordination Period means the period commencing on the Closing Date and ending on the first to occur of the following dates:

  • Restriction Release Date means such date, after the Effective Date, that the Board of Directors determines in good faith that it is in the best interests of the Corporation and its stockholders for the transfer restrictions set forth in this Article 4 to terminate.

  • Tax Limitation Period means the Tax Years for which the Applicant’s Qualified Property is subject to the Tax Limitation Amount and as further identified in Section 2.3.D of this Agreement.

  • Issuance Period shall have the meaning specified in paragraph 2B(2).

  • Elimination Period means the period of 6 months beginning on the date You become Disabled.

  • Revolving Facility Termination Date means the earlier of (i) August 9, 2018, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.

  • Initial compliance period means the first full three-year compliance period which begins at least 18 months after promulgation, except for the following contaminants: Dichloromethane; 1,2,4-Trichlorobenzene; 1,1,2- Trichloroethane; Benzo[a]pyrene; Dalapon; Di(2-ethylhexyl adipate; Di(2-ethylhexyl) phthalate; Dinoseb; Diquat; Endothall; Endrin; Glyphosate; Hexachlorobenzene; Hexachlorocyclopentadiene; Oxamyl (Vydate); Picloram; Simazine; 2,3,7,8-TCDD (Dioxin); Antimony; Beryllium; Cyanide; Nickel; and Thallium, initial compliance period means the first full three-year compliance period after promulgation for systems with 150 or more service connections (January 1993 -December 1995) and first full three-year compliance period after the effective date of regulation (January 1996 - December 1998) for systems having fewer than 150 service connections.

  • Quarterly Floating Rate Period means, for the initial Quarterly Floating Rate Period, the period commencing on September 20, 2018 and ending on and including December 19, 2018, 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 any Daily Interest Rate Period, Weekly Interest Rate Period, Short-Term Interest Rate Period, Long- Term Interest Rate Period or ARS Interest Rate Period.

  • Limitation Period means any period while any amount remains owing on the Note and interest on such amount, calculated at the applicable interest rate, plus any fees or other sums payable under any Loan Document and deemed to be interest under applicable law, would exceed the amount of interest which would accrue at the Highest Lawful Rate.

  • Interest Rate Option means any LIBOR Rate Option or Base Rate Option.

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • Revolving Period means the period beginning on the Closing Date and ending at the close of business on the day immediately preceding the earlier of the day the Controlled Accumulation Period commences or the day the Early Amortization Period commences.

  • Age-restricted unit means a housing unit designed to meet the needs of, and exclusively for, the residents of an age-restricted segment of the population such that: 1) all the residents of the development wherein the unit is situated are 62 years of age or older; or 2) at least 80 percent of the units are occupied by one person who is 55 years of age or older; or 3) the development has been designated by the Secretary of the U.S. Department of Housing and Urban Development as “housing for older persons” as defined in Section 807(b)(2) of the Fair Housing Act, 42 U.S.C. § 3607.