Examples of Weekly Period in a sentence
The Company acknowledges that the Bonds shall initially be rated only while the Interest Period for the Bonds is a Daily Period, a Two-Day Period or a Weekly Period.
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During any Daily Period or Weekly Period, the Bonds are subject to redemption by the Issuer, at the option of the Company, in whole at any time or in part on any Interest Payment Date, less than all of such Bonds to be selected by lot or in such other manner as the Trustee shall determine (except as otherwise provided in Section 3.06 hereof), at a redemption price of 100% of the Outstanding principal amount thereof plus accrued interest to (but not including) the redemption date.
Entries received beyond each Weekly Period will be deemed invalid and will be forfeited.
Further, the Company acknowledges that in the event that it shall select a Daily Period, a Weekly Period, a Commercial Paper Period or Long Term Period as the Interest Period, it shall be required to provide a Credit Facility if one is not then in effect, a Substitute Credit Facility or an amendment to the then-existing Credit Facility in accordance with Section 2.08 of the Indenture.