Rate Mode definition

Rate Mode or “Mode” means the Daily Rate Mode, Two-Day Mode, Commercial Paper Rate Mode or Weekly Rate Mode.
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Rate Mode means the Weekly Mode or a Term Mode.
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Examples of Rate Mode in a sentence

  • The bonds were issued in the Index Floating Rate Mode and bear interest at an Index Floating Rate based on the SIFMA Index plus a spread of 0.74%.

  • The bonds were issued in the Bank‐Bought Rate Mode and bear interest at an Index Floating Rate based on an Adjusted London Interbank Offered Rate (LIBOR) rate plus a spread of 0.97%.

  • The original Term Rate Mode was changed to Commercial Paper Mode, with a fixed interest rate of .50% until the next mandatory tender on January 2, 2014.

  • The bonds were originally issued in the Index Floating Rate Mode with an Index Floating Rate based on the SIFMA Index plus a spread of 0.74% and an original maturity date in 2034.

  • The bonds are currently in the Bank-Bought Rate Mode and bear interest at an Index Floating Rate based on an Adjusted London Interbank Offered Rate (LIBOR) rate plus a tax-exempt spread of 0.5925%.


More Definitions of Rate Mode

Rate Mode means the Daily Mode, the Weekly Mode, the Monthly Mode or the Term Mode.
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Rate Mode or “Mode” means the Index Rate Mode or another Mode in effect following Conversion.
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Rate Mode has the meaning assigned in the Bond Indenture.
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Rate Mode has the meaning set forth in the Subordinate Indenture.
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Rate Mode means the Daily Rate Mode, Weekly Rate Mode, Term Rate Mode, or Alternative Trading System Mode.
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Rate Mode means the Weekly Mode or Fixed Interest Rate.
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Rate Mode or “Mode” means an ARRS Mode, or other Rate Mode specified in the Certificate.
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