Auction Rate definition

Auction Rate means the rate of interest per annum that results from implementation of the Auction Procedures and is determined as described in Section 2.02(a)(iii)(B) of this Appendix A.

Auction Rate means for each Series of Notes for each Auction Period, (i) if Sufficient Clearing Bids exist, the Winning Bid Rate, provided, however, if all of the Notes are the subject of Submitted Hold Orders, the All Hold Rate for such Series of Notes and (ii) if Sufficient Clearing Bids do not exist, the Maximum Rate for such Series of Notes.

Auction Rate means for each Auction Rate Period, (i) if Sufficient Clearing Bids exist, the Winning Bid Rate, provided, however, if all of the Bonds are the subject of Submitted Hold Orders, the All Hold Rate and (ii) if Sufficient Clearing Bids do not exist, the Maximum Auction Rate.

Examples of Auction Rate in a sentence

• The number of shares reported herein represents combined holdings in multiple series of auction rate preferred securities of the issuer, which are treated herein as one class of securities in accordance with the Securities and Exchange Commission's Auction Rate Securities Global Exemptive Relief no action letter issued on September 22, 2008.

• Auction Charge, for a Month, means the amount in dollars calculated as follows: AUC = AUR × AAC where: AUC is the Auction Charge for the Month AUR is the Auction Rate AAC is the aggregate of the daily quantities of Auction Capacity (in GJ) acquired by Shipper through a Capacity Auction for each Day during the Month Auction Rate means the per GJ auction rate published by Service Provider from time to time, which must comply with all applicable Laws.

• Auction Rate Securities (ARSs) are valued using a valuation model developed by the Bank.

• North Carolina water lawsuit, any remaining Auction Rate Securities Settlement funds shall be deposited into the general fund.

• The Department has been informed by the Internal Revenue Service and the Department of the Treasury that they are considering providing limited relief from the requirements of sections 72(t)(4), 401(a)(9), and 4974 of the Code with respect to retirement plans that hold Auction Rate Securities.

More Definitions of Auction Rate

Auction Rate. The rate of interest per annum that results from ------------ implementation of the Auction Procedures and which is determined as described in Section 2.1.1(c)(ii) of the Auction Procedures.

Auction Rate means the rate of interest per annum that results from implementation of the Auction Procedures and is determined as described in Section 4(c)(ii) hereof.

Auction Rate has the meaning set forth in the General Terms of the CPS Securities attached to the Declaration as Appendix A.

Auction Rate means the rate of interest per annum that results from implementation of the Auction Procedures and is determined as described in Section 2.02(a)(iii)(B) of this Appendix A-2.

Auction Rate has the meaning set forth in the General Terms of the ABC Securities attached to the Declaration as Appendix A.

Auction Rate means with respect to Auction Rate Bonds and each Auction Period for such Auction Rate Bonds (other than an initial Auction Period after a Change in the Interest Rate Mode to an Auction Rate Period), the rate of interest per annum determined for the Bonds pursuant to Article III.

Auction Rate has the meaning set forth in the General Terms.