Term Rate Term definition

Term Rate Term means, with respect to a Variable Rate Bond bearing interest at a Term Rate, a period established in accordance with the provisions of Section C206 hereof.
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Term Rate Term means, with respect to a 2019 Series Bond, (i) its Term Rate Initial Term and (ii) the period of time specified in a Change Notice as the time between the dates on which the interest rate on such 2019 Series Bond will be adjusted as set forth in Section 207 or 211 hereof, commencing on the day on which the adjustment is effective and ending on the day next preceding the day on which the next adjustment is effective, which period must be one month or an integral multiple thereof (except that any period beginning on a Term Rate Start Date may be less than one month).
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Examples of Term Rate Term in a sentence

  • The applicable Alternate Base Rate, Foreign Currency Daily Rate, Foreign Currency Term Rate, Term SOFR, Term SOFR Screen Rate or Daily Simple SOFR shall be determined by the Administrative Agent, and such determination shall be conclusive absent manifest error.

  • TheA determination of the applicable Alternate Base Rate or LIBO RateAdjusted Term Rate, Term SOFR Rate, Adjusted Daily Simple SOFR or Daily Simple SOFR shall be determined by the Administrative Agent and such determination shall be conclusive absent manifest error.

  • The determination of Alternative Currency Term Rate, Term SOFR and SOFR by the Administrative Agent shall be conclusive in the absence of manifest error.

  • A determination of the applicable Alternate Base Rate or Adjusted Term Rate, Term SOFR Rate, Adjusted Daily Simple SOFR or Daily Simple SOFR shall be determined by the Administrative Agent and such determination shall be conclusive absent manifest error.