Optional Tender Date definition

Optional Tender Date means any Business Day during a Daily Rate Period, Two-Day Rate Period or Weekly Rate Period.

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Optional Tender Date means a date on which a Bond is to be purchased pursuant to an Optional Tender.

Optional Tender Date means the same as that term is defined in the Indenture.

Examples of Optional Tender Date in a sentence

• If any notice of Optional Tender specifies an Optional Tender Date that is not a Business Day, then such notice shall be deemed to specify the next following Business Day as the Optional Tender Date.

• The Company shall cause an Optional Tender Purchase on each Optional Tender Date and Mandatory Purchase of all Tendered Bonds on each Mandatory Tender Date.

• The Purchase Price shall be 100% of the principal amount of the bond to be purchased plus accrued interest thereon to the Optional Tender Date.

• On any Optional Tender Date or Mandatory Tender Date, the Purchase Price for all Tendered Bonds shall be paid as and to the extent provided in Section 405.

• Any Bond (or portion thereof) that is to be so purchased but that is not so delivered to the Trustee (an “Unsurrendered Bond”) shall nevertheless be deemed to have been tendered by the Holder thereof on the Optional Tender Date.

More Definitions of Optional Tender Date

Optional Tender Date. ’ means any Business Day during a Daily Rate Period or the first day of a Weekly Rate Period.

Optional Tender Date means, with respect to a Series, the date on which an Optional Tender Purchase is required pursuant to Section 307 or a Supplemental Indenture.

Optional Tender Date means (i) with respect to Floater Certificates in the Daily or Weekly Mode, any Business Day; (ii) with respect to Floater Certificates in the Monthly Mode, the first Business Day of each calendar month; (iii) with respect to Floater Certificates in the Term Mode with Term Periods 30 days or less in duration, the first Business Day of each Term Period; (iv) with respect to Floater Certificates in any Mode, the date of any increase in the Remarketing Agent Fee Rate, the Liquidity Fee Rate or the Trustee Fee Rate pursuant to Section 3.3(e); (v) the Business Day preceding the effective date of any amendment of any provision of the Trust Agreement pursuant to Section 14.4(c) or the waiver of any provision of the Trust Agreement; and (vi) the Business Day preceding the effective date of any amendment of any provision of the Bonds or the governing instrument pursuant to which the Bonds were issued or the waiver of any provision of any of the foregoing agreements.

Optional Tender Date means (i) during any Weekly Rate Period, any Business Day selected by the Holder, (ii) during any Monthly Rate Period, the first Business Day of each Interest Period, and (iii) during any Semiannual Rate Period, each Interest Payment Date (or, if such Interest Payment Date is not a Business Day, the next succeeding Business Day).

Optional Tender Date. As provided in the Indenture.

Optional Tender Date means a date upon which Bonds are subject to tender for purchase at the option of the Holders thereof in accordance with provisions of Section 5.04 hereof.

Optional Tender Date is defined in Section 3.07(b)(i).