Variable Rate Interest Period definition

Variable Rate Interest Period means each Interest Period(t) falling outside of the Fixed Rate Period.
Sample 1Sample 2Sample 3
Variable Rate Interest Period means the period beginning on (and including) the Fixed Rate Interest Payment Date and ending on (but excluding) the first Variable Rate Interest Payment Date and each successive period beginning on (and including) a Variable Rate Interest Payment Date and ending on (but excluding) the next succeeding Variable Rate Interest Payment Date.
Sample 1
Variable Rate Interest Period means each of the periods commencing on the Variable period Interest Payment Date and ending on the day immediately preceding the next Variable Period Interest Payment Date. "Variable Rate Period" means the period from the date of issuance and delivery of the Bonds to and including the earlier of (i) the Conversion Date and (ii) the date the principal of and interest on the Bonds shall have been paid in full or provision shall have been made for the payment thereof in accordance with this Agreement. Any reference in this Agreement to the Borrower, the Issuer, the Trustee, the Bank, the Remarketing Agent, the Depositary or the Standby Bank shall include those which succeed to their functions, duties or responsibilities pursuant to or by operation of law or who are lawfully performing their functions. Any reference in this Agreement to any statute or law or chapter or section thereof shall include all amendments, supplements or successor provisions thereto. PART II: THE BONDS Article 3--the Bonds Section 301. Issuance of Bonds. The bonds shall be designated Vermont Industrial Development Authority Floating/Fixed Rate Industrial Revenue Bonds (Mount Snow Ltd. Issue--1984 Series); shall be numbered consecutively from R-1 upwards; shall be issued in fully registered form; shall mature on April 1, 1999, except as provided herein; shall be substantially in the form set forth in Exhibit 301 attached hereto, with such variations, omissions and insertions as are permitted or required hereby; and shall be dated as of October 1, 1984 if authenticated prior to the first Interest Payment Date and otherwise shall be dated as of the Interest Payment Date next preceding the date of their authentication; provided that if at the time of authentication interest thereon is in default, they shall be dated as of the date to which interest has been paid or if not interest has been paid, they shall be dated as of October 1, 1984. Unless otherwise requested by the Remarketing Agent pursuant to the Remarketing Agreement, the Bonds shall be issued initially to the Initial Purchase(s) as fully registered Bonds without coupons numbered R-1 through R-3, one of which shall be in the denomination of $1,000,000, one in the denomination of $600,000,
Sample 1

Examples of Variable Rate Interest Period in a sentence

  • The Notes will pay interest at fixed rates during any Variable Rate Interest Period, which increase periodically during the life of the Notes by the Step-Up(t), as specified in the applicable Final Terms.

  • Finally, the Rate of Interest in respect of any Variable Rate Interest Period will be capped at the Cap(t), which is specified in the applicable Final Terms.

  • This is point that must be remembered clearly—USP <797> is clearly best prac- tice among the top compounding phar- macies (11), but it far less rigorous than the expectations of cGMP.

  • The Notes will pay interest at fixed rates during any Variable Rate Interest Period, which decrease periodically during the life of the Notes by the Step-Down(t), as specified in the applicable Final Terms.

  • The Notes will bear interest at a variable Rate of Interest during any Variable Rate Interest Period, equal to the Fix(t), as specified in the applicable Final Terms, minus the Underlying Rate(t) (multiplied by aMultiplier(t) specified in the applicable Final Terms), which will be subject to market fluctuations.

  • The Agent Bank will calculate the Interest Amount payable on the Variable Rate Notes in respect of each Specified Denomination for the relevant Variable Rate Interest Period.

  • The Calculation Agent will cause the Variable Interest Rate and the Variable Rate Interest Amount for each Variable Rate Interest Period and the relevant Variable Rate Interest Payment Date to be notified to the Issuer, the Fiscal Agent and the Luxembourg Stock Exchange and the Calculation Agent will cause publication thereof in accordance with Condition 11 as soon as possible after their determination but in no event later than the fourth TARGET Business Day thereafter.

  • The resultant rate is referred to here as the “Range Accrual Rate”.The Rate of Interest applicable to any Variable Rate Interest Period will be the sum of the Inverse Range Accrual Rate and the Range Accrual Rate.The Rate of Interest in respect of any Variable Rate Interest Period will be capped at the Cap(t), which is specified in the applicable Final Terms.

  • If the applicable Pricing Supplement specifies a Minimum Rate of Interest for any Variable Rate Interest Period, then, in the event that the Rate of Interest in respect of such Variable Rate Interest Period determined in accordance with the provisions of paragraph (ii) above is less than such Minimum Rate of Interest, the Rate of Interest for such Variable Rate Interest Period shall be such Minimum Rate of Interest.

  • Calculation of Variable Rate Interest Amount by the Calculation AgentThe Calculation Agent will, as soon as practicable after 11.00 a.m. (Central European Time) on each Variable Rate Interest Determination Date in relation to each Variable Rate Interest Period, calculate the amount of interest (the " Variable Rate Interest Amount") payable in respect of each Note for such Variable Rate Interest Period.

Related to Variable Rate Interest Period

  • Fixed Rate Interest Period means the period beginning on (and including) the Issue Date and ending on (but excluding) the first Fixed Rate Interest Payment Date, and each successive period beginning on (and including) a Fixed Rate Interest Payment Date and ending on (but excluding) the next succeeding Fixed Rate Interest Payment Date.

  • Floating Rate Interest Period means, during the Floating Rate Period, the period beginning on (and including) a Floating Rate Period Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Period Interest Payment Date; provided that the first Floating Rate Interest Period will begin on (and include) April 18, 2025 and will end on (but exclude) the first Floating Rate Period Interest Payment Date.

  • Fixed Interest Period means the period from (and including) an Interest Payment Date (or the Interest Commencement Date) to (but excluding) the next (or first) Interest Payment Date; and

  • Interest Period Date means each Interest Payment Date unless otherwise specified hereon.

  • Interest Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Payment Date and each successive period beginning on (and including) an Interest Payment Date and ending on (but excluding) the next succeeding Interest Payment Date.

  • Interest Period End Date means the date or dates specified as such in, or determined in accordance with the provisions of, the Final Terms and, if an Applicable Business Day Convention is specified in the Final Terms, as the same may be adjusted in accordance with the Applicable Business Day Convention or, if the Applicable Business Day Convention is the FRN Convention and an interval of a number of calendar months is specified in the Final Terms as the Interest Accrual Period, such dates as may occur in accordance with the FRN Convention at such specified period of calendar months following the Interest Commencement Date (in the case of the first Interest Period End Date) or the previous Interest Period End Date (in any other case) or, if none of the foregoing is specified in the Final Terms, means the date or each of the dates which correspond with the Interest Payment Date(s) in respect of the Instruments.

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