Index Rate Period definition

Index Rate Period means, with respect to any 2020 Series D Variable Rate Bond, in the event of an Interest Method Change Date to an Index Rate (or from the LIBOR Index Rate to the SIFMA Index Rate, or from the SIFMA Index Rate to the LIBOR Index Rate), the period commencing on such Interest Method Change Date and ending on the earlier of the next Interest Method Change Date with respect to such 2020 Series D Bond or the maturity or redemption of such 2020 Series D Bond.

Index Rate Period has the meaning set forth in the Indenture.

Index Rate Period means any period of time during which a Series of 2023 Series C Bonds bears interest at the Index Rate.

Examples of Index Rate Period in a sentence

• The Calculation Agent shall determine the LIBOR Index Rate on each Computation Date during the LIBOR Index Rate Period, and such rate shall become effective on the LIBOR Index Reset Date next succeeding the Computation Date and interest at such rate shall accrue each day during such LIBOR Index Rate Period, commencing on and including the first day of such period to but excluding the last day of such period.

• The Borrower may only exercise its rights under the Bond Indenture to optionally redeem the Bonds or convert them to another Interest Rate Mode other than Index Rate Mode in the Initial Index Rate Period on or after September 25, 2015, in accordance with the provisions of the Bond Indenture governing the same.

• So long as the Lender is the Bondholder of all Bonds outstanding, the Borrower may provide written notice to the Lender, in the form of Exhibit B hereto, of its desire to change the interest rate mode of the Bonds (including conversion to a new Index Rate Period) and request that the Lender purchase such Bonds in such new Index Rate Period, provided that such request is made no earlier than one hundred twenty (120) days prior to the Index Rate Purchase Date then in effect.

• Interest on this Series 2014_ Bond shall be computed on the basis of a 365-day year (366 days in a leap year) for the actual days elapsed during any SIFMA Index Rate Period and a 360-day year for the actual days elapsed during any LIBOR Index Rate Period or Amortization Period.

• Thereafter, whenever a Series of 2010 Bonds is to bear interest at an Index Rate, the City on behalf of the Agency shall determine the period that shall constitute such Index Rate Period.

More Definitions of Index Rate Period

Index Rate Period means the period from and including the first day of each calendar month (or the Initial BBH Period Tender Date, if applicable) to and including the last day of such calendar month.

Index Rate Period means any period during which the 2018A Bonds bear interest at an Index Rate.

Index Rate Period means any period during which the Note bears interest at an Index Rate.

Index Rate Period means a period in which Bonds bear interest at the Index Rate.

Index Rate Period means defined periods of time when the Power Reimbursement fee is calculated based on the “all-in” power rate that Service Provider is invoiced by their power provider as set out in the Service Order.

Index Rate Period. For the months of January and February in any given year, the Power Reimbursement will be Service Provider’s actual billed rate for power (the “Index Rate”). During this Index Rate Period, Service Provider will provide CTG with all necessary supporting evidence from its power provider or power consultant to substantiate its billing rate.

Index Rate Period means any period during which a Series of Bonds bear interest at an Index Rate.