Weekly Rate Conversion Date definition

Weekly Rate Conversion Date means each day on which the Bonds commence to accrue interest at a Weekly Rate pursuant to Section 3.3 hereof which is immediately preceded by a day on which the Bonds did not accrue interest at a Weekly Rate.

Weekly Rate Conversion Date means the day the Bonds are converted to bear interest at a Weekly Rate pursuant to Section 3.02(g) or (h).

Weekly Rate Conversion Date means each date on which the Bonds, having been converted to the Weekly Rate Mode from another Mode, first begin to bear interest at a Weekly Rate in accordance with the terms hereof.

Examples of Weekly Rate Conversion Date in a sentence

• The Bonds shall bear interest at a Weekly Rate from the Closing Date (if applicable) and from each Weekly Rate Conversion Date to the earlier of their redemption, the following Conversion Date or their maturity date.

• The Bonds are subject to mandatory tender on a Daily Rate Conversion Date or a Weekly Rate Conversion Date.

• Any Bond not tendered for purchase on the Weekly Rate Conversion Date or Daily Rate Conversion Date shall be deemed to have been tendered for purchase, and shall cease to accrue interest on the Conversion Date.

• UDOT has vastly understated the costs of Gondola Alternative B to the citizens of Utah, to the potential riders of the Gondola, and to the environment while exceedingly overstating who will benefit from the Gondola and what those benefits entail.

• The initial Weekly Rate for the Bonds effective on the Effective Date and on any Weekly Rate Conversion Date shall be established by the Remarketing Agent prior to the Effective Date or Weekly Rate Conversion Date, as the case may be, in the same manner as the Remarketing Agent is required to establish the Weekly Rate for each subsequent Interest Period in accordance with Section 110A(b).

More Definitions of Weekly Rate Conversion Date

Weekly Rate Conversion Date means the effective date of a change in the interest rate borne by the Bonds to a Weekly Rate from a Daily Rate.

Weekly Rate Conversion Date means a day on which interest begins to accrue on a Series of Bonds at a Weekly Rate following conversion pursuant to Section 2.03(i).

Weekly Rate Conversion Date means any date on which the Notes are converted to Notes bearing interest at the Weekly Rate, which must be a Wednesday.

Weekly Rate Conversion Date means each day on which the Bonds begin to accrue interest at a Weekly Rate pursuant to the Loan and Trust Agreement which is immediately preceded by a day on which the Bonds did not accrue interest at a Weekly Rate.

Weekly Rate Conversion Date means each day on which all or any portion of the 2022 Series B Bonds bear interest at a Weekly Rate pursuant to Section 302(d) or (e) hereof which is immediately preceded by a day on which such 2022 Series B Bonds did not bear interest at a Weekly Rate. The effective date of an automatic Conversion to the Weekly Rate pursuant to Section 302(a)(ii) hereof shall be deemed to be a Weekly Rate Conversion Date.

Weekly Rate Conversion Date means the day on which interest begins to accrue on the 2015 Variable Rate Parity Bonds of a Series at a Weekly Rate following Conversion as set forth in this Appendix A.

Weekly Rate Conversion Date means the day on which all or a portion of a series of the Bonds are converted to bear interest at a Weekly Rate pursuant to Section 3.03 hereof.