Weekly Rate means the Interest Rate Mode for the Bonds in which the interest rate on such Bonds is determined weekly in accordance with Section 2.02(c)(iii).
Weekly Rate means the rate of interest on a Group of 2020 Series D Variable Rate Bonds described in Section 301 of Appendix A hereto.
Weekly Rate means an interest rate on the Bonds set under Section 2.02(a)(2).
Examples of Weekly Rate in a sentence
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More Definitions of Weekly Rate
Weekly Rate means with respect to each Calculation Period during a Weekly Rate Period, a rate of interest equal to the rate of interest per annum established and certified to the Trustee (with a copy to the Authority, the Registrar and Paying Agent and the Company) by the Remarketing Agent no later than 12:00 noon (New York City time) on and as of the Determination Date as the minimum rate of interest per annum which, in the opinion of the Remarketing Agent, would be necessary on and as of such day to remarket Bonds in a secondary market transaction at a price equal to the principal amount thereof plus accrued interest thereon; provided that such rate of interest shall not exceed the lesser of 110% of the Weekly Rate Index on and as of such date and the Maximum Allowed Rate.
Weekly Rate means the rate at which Multi-Modal Bonds bear interest during a Weekly Rate Period. “Weekly Rate Mode” means a Rate Mode in which a Multi-Modal Bonds bear interest at a Weekly Rate. “Weekly Rate Period” means a period of 7 days commencing on the Issue Date, on a Conversion Date or on
Weekly Rate means the interest rate per annum on the Bonds established in accordance with Section 2.02(b) hereof.
Weekly Rate means the rate of interest that is set on the Bonds while they are in the Weekly Rate Mode.
Weekly Rate. ’ means the rate at which Multi-Modal Bonds bear interest during a Weekly Rate Period.
Weekly Rate means the rate of interest to be borne by any of the 202_ Series - Bonds as described in Section C201 hereof.