Semiannual Rate Period definition

Semiannual Rate Period means each period during a Semiannual Rate Mode from and commencing on the first day of a calendar month and to but not including the first day of the sixth succeeding calendar month, provided that the first Semiannual Rate Period in any Semiannual Rate Mode shall be the period commencing on the effective date of such Semiannual Rate Mode to but not including the first day of the sixth calendar month thereafter.
Semiannual Rate Period means each period during which the Bonds bear interest at a Semiannual Rate.
Semiannual Rate Period means any period during which the Bonds bear interest at a Semiannual Rate.

Examples of Semiannual Rate Period in a sentence

  • During any Semiannual Rate Period the Bonds will bear interest at the Semiannual Rate.

  • Each such interest rate shall be determined by the applicable Remarketing Agent not later than 4:00 p.m., New York City time, on a Business Day not later than the last Business Day immediately preceding the commencement date of the Semiannual Rate Period.

  • During any Semiannual Rate Period, the Remarketing Agent will determine the Proposed Rate for the next Calculation Period on the Proposed Rate Determination Date.

  • The interest rate for each Semiannual Rate Period shall be effective from and including the commencement date of such Semiannual Rate Period and shall remain in effect through and including the last day thereof.

  • The published CRV for a definitive $100 Series I savings bonds issued May, 2001 and redeemed December, 2001 =$101.96.Calculation:[(Book-entry par investment) ÷ (100)] × CRV value for $100 bond[(34.59 ÷ 100)] × 101.96[0.3459] × 101.9635.267964= $35.27Appendix B to Part 359—Composite Semiannual Rate Period Table1.

  • First, there is evidence that health disadvantage accumulates over a lifetime: poor health status as an adult is strongly related to poor childhood circumstances.

  • In assessing the main factors contributing to the paucity of Welsh portrayal to the UK, our witnesses focused on two key issues.

  • During any Semi-annual Rate Period, the Bonds shall be subject to redemption on each Interest Payment Date, as a whole or in part, at the principal amount thereof.

  • The Semiannual Rate for each Semiannual Rate Period shall be effective from and including the commencement date of such Period and shall remain in effect through and including the last day thereof.

  • Such interest rate shall be the Semiannual Rate for such Bonds for the next Semiannual Rate Period.


More Definitions of Semiannual Rate Period

Semiannual Rate Period means, while the Series 1996 Bonds bear interest at the Semiannual Rate, the period commencing on the Semiannual Rate Conversion Date and from and including the first Business Day of each sixth calendar month thereafter to but excluding the first Business Day of the sixth calendar month thereafter.
Semiannual Rate Period means, with respect to each Bond that bears interest at a Semiannual Rate, (a) the period from and including the effective date of any change to the Semiannual Rate Mode with respect to such Bond to and including the last day of the six calendar month period beginning on such effective date, and (b) each six calendar month period thereafter, so long as such Bond continues to bear interest at a Semiannual Rate.
Semiannual Rate Period means the period beginning on, and including, any June 1 or December 1 (or, if not a Business Day, the next succeeding Business Day) and ending on, and including, the next May 31 or November 30, as the case may be, except that in the event of Conversion to Semiannual Rate Bonds, the first “Semiannual Rate Period” means the period beginning on, and including, the Conversion Date and ending on, and including, the next succeeding May 31 or November 30.
Semiannual Rate Period means each period during which interest on a Series of Variable Rate Bonds is payable or is accrued at a Semiannual Rate.
Semiannual Rate Period means each period during which a Bond bears interest at a Semiannual Rate.

Related to Semiannual Rate Period

  • Special Rate Period with respect to the VRDP Shares, has the meaning specified in paragraph (a) of Section 4 of Part I of the Articles Supplementary.

  • Term Rate Period means any period of time during which a Group of 2021 Series A Variable Rate Bonds bears interest at the Term Rate.

  • Initial Rate Period means, with respect to the VMTP Shares of any Series, the period commencing on and including the Date of Original Issue thereof and ending on, and including, the next succeeding calendar day that is a Wednesday (or if such Wednesday is not a Business Day, the next succeeding Business Day).

  • ANNUAL RATE ADJUST: MONTHLY P&I : 1,758.65 OUTSIDE CONV DATE : LIFETIME RATE : 7.40000 MATURITY DATE : 12/01/27 CURRENT INT RATE: 7.40000 PRODUCT CODE : 002 LTV : 44.17300 ---------------------------------------------------------------- 0 0007659485 MORTGAGORS: XXXXXX XXXXX XXXXXX XXXXX REGION CODE ADDRESS : 3 WESTMINSTER 01 CITY : LAFAYETTE STATE/ZIP : XX 00000 MORTGAGE AMOUNT : 288,000.00 OPTION TO CONVERT : UNPAID BALANCE : 287,119.66 ANNUAL RATE ADJUST: MONTHLY P&I : 1,994.06 OUTSIDE CONV DATE : LIFETIME RATE : 7.40000 MATURITY DATE : 12/01/27 CURRENT INT RATE: 7.40000 PRODUCT CODE : 002 LTV : 80.00000 ---------------------------------------------------------------- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,583,100.00 P & I AMT: 10,940.53 UPB AMT: 1,578,321.88 1 GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C ISSUE DATE: 04/01/98 P.O. BOX 5260 TMS AG0004980830 01 PAGE: 10 XXXXXX XXXX, X.X. 00000 (000) 000-0000 0 ---------------------------------------------------------------- 0 0007659493 MORTGAGORS: XXXXXX XXXXXX REGION CODE ADDRESS : 000 X XXXXX XXXXX XXX 01 CITY : ANAHEIM STATE/ZIP : XX 00000 MORTGAGE AMOUNT : 380,000.00 OPTION TO CONVERT : UNPAID BALANCE : 378,849.94 ANNUAL RATE ADJUST: MONTHLY P&I : 2,644.02 OUTSIDE CONV DATE : LIFETIME RATE : 7.45000 MATURITY DATE : 12/01/27 CURRENT INT RATE: 7.45000 PRODUCT CODE : 002 LTV : 69.09000 ---------------------------------------------------------------- 0 0007659519 MORTGAGORS: XXXXXXX XXXXX REGION CODE ADDRESS : 000 XXXX XXXX 01 CITY : MILL VALLEY STATE/ZIP : XX 00000 MORTGAGE AMOUNT : 248,000.00 OPTION TO CONVERT : UNPAID BALANCE : 246,329.49 ANNUAL RATE ADJUST: MONTHLY P&I : 1,717.11 OUTSIDE CONV DATE : LIFETIME RATE : 7.40000 MATURITY DATE : 12/01/27 CURRENT INT RATE: 7.40000 PRODUCT CODE : 002 LTV : 75.15100 ---------------------------------------------------------------- 0 0007659527 MORTGAGORS: XXXX XXXXXXX

  • Quarterly Floating Rate Period means, for the initial Quarterly Floating Rate Period, the period commencing on March 20, 2020 and ending on and including June 19, 2020, 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.

  • Rate Period has the meaning set forth in the Statement.

  • Interest Rate Period means that period of time for which the interest rate with respect to the Bonds has been determined by the Remarketing Agent or otherwise as provided in the definition of the applicable Interest Rate Mode, commencing on the applicable Interest Rate Adjustment Date, and terminating on the day immediately preceding the following Interest Rate Adjustment Date, if any.

  • Weekly Rate Period means any period of time during which a Group of 2020 Series D Variable Rate Bonds bears interest at the Weekly Rate.

  • Fixed Rate Period has the meaning set forth in Section 2.5(b)(i) hereof.

  • Daily Rate Period means a period commencing on one Business Day and extending to, but not including, the next succeeding Business Day, during which Multi-Modal Bonds bear interest at the Daily Rate.

  • Floating Rate Period has the meaning set forth in section 2.5(b)(ii) hereof.

  • Five-year U.S. Treasury Rate means, as of any Reset Dividend Determination Date, as applicable, (i) an interest rate (expressed as a decimal) determined to be the per annum rate equal to the arithmetic mean of the five most recent daily yields to maturity for U.S. Treasury securities with a maturity of five years from the next Reset Date and trading in the public securities markets or (ii) if there is no such published U.S. Treasury security with a maturity of five years from the next Reset Date and trading in the public securities markets, then the rate will be determined by interpolation between the arithmetic mean of the five most recent daily yields to maturity for each of the two series of U.S. Treasury securities trading in the public securities market, (A) one maturing as close as possible to, but earlier than, the Reset Date following the next succeeding Reset Dividend Determination Date, and (B) the other maturity as close as possible to, but later than, the Reset Date following the next succeeding Reset Dividend Determination Date, in each case as published in the most recent H.15. If the Five-year U.S. Treasury Rate cannot be determined pursuant to the methods described in clauses (i) or (ii) above, then the Five-year U.S. Treasury Rate will be the same interest rate determined for the prior Reset Dividend Determination Date.

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

  • Term Rate means the per annum interest rate with respect to Bonds in the Term Rate Mode determined pursuant to Section 2.09.

  • Notice of Special Rate Period means any notice with respect to a Special Rate Period of shares of MuniPreferred pursuant to subparagraph (d)(i) of Section 4 of Part I of this Statement.

  • Semi-Annual Period means each period of six-months, commencing on the first day of a Fiscal Year; provided that the first such period shall begin on July 1, 2013 and end on December 31, 2013.

  • Initial Fixed Rate Period means the period commencing on the Issue Date and ending on and including June 30, 2020.

  • Non-Payment Period Rate means, initially, 200% of the applicable Reference Rate (or 275% of such rate if the Corporation has provided notification to the Auction Agent prior to the Auction establishing the Applicable Rate for any dividend pursuant to paragraph 2(f) hereof that net capital gains or other taxable income will be included in such dividend on shares of AMPS), provided that the Board of Directors of the Corporation shall have the authority to adjust, modify, alter or change from time to time the initial Non-Payment Period Rate if the Board of Directors of the Corporation determines and Moody's and S&P (and any Substitute Rating Agency in lieu of Moody's or S&P in the event either of such parties shall not rate the AMPS) advise the Corporation in writing that such adjustment, modification, alteration or change will not adversely affect their then-current ratings on the AMPS.

  • Annual Rate of Pay means, as of any date, an employee’s annualized base pay rate. An employee’s Annual Rate of Pay shall not include sales commissions or other similar payments or awards.

  • Reset Period means the First Reset Period or a Subsequent Reset Period, as the case may be;

  • Interest Reset Period The period beginning on the applicable Reset Date and ending on the calendar day preceding the next Reset Date.

  • 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.

  • Fixed Rate Period Remaining Life means, with respect to any Debenture, the period from the Special Redemption Date for such Debenture to the Interest Payment Date in December 2010.

  • Treasury Rate means, with respect to any redemption date, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date.

  • Weekly Rate means the Interest Rate Mode for the Bonds in which the interest rate on such Bonds is determined weekly in accordance with Section 2.02(c)(iii).

  • Minimum Rate Period means any Rate Period consisting of 7 Rate Period Days.