We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of Determination of Interest Rate Clause in Contracts

Determination of Interest Rate. The Fixed Rate for the Bonds to be converted to the Fixed Rate Mode shall be established by the Remarketing Agent on the Rate Determination Date applicable thereto pursuant to the provisions of Section 507(b). Such Rate shall remain in effect until the maturity date of the Bonds.

Appears in 2 contracts

Samples: Loan and Trust Agreement (Northeast Utilities System), Loan and Trust Agreement (Northeast Utilities System)

Determination of Interest Rate. The Fixed Rate for the Bonds a Bond to be converted to the Fixed Rate Mode shall be established by the Remarketing Agent on the Rate Determination Date applicable thereto pursuant to the provisions of Section 507(b305(b). Such Rate shall remain in effect until the maturity date of the Bonds.

Appears in 2 contracts

Samples: Loan and Trust Agreement (National Grid PLC), Loan and Trust Agreement (National Grid PLC)

Determination of Interest Rate. The Fixed Rate for the Bonds of the subseries to be converted to the Fixed Rate Mode shall be established by the Remarketing Agent on the Rate Determination Date applicable thereto pursuant to the provisions of Section 507(b2.04(b). Such Rate shall remain in effect until the maturity date of the Bonds.

Appears in 1 contract

Samples: Master Loan and Trust Agreement (Pennichuck Corp)

Determination of Interest Rate. The Fixed Rate for the Bonds a 2017 Series B-1 Bond to be converted to the Fixed Rate Mode shall be established by the Remarketing Agent on the Rate Determination Date applicable thereto pursuant to the provisions of Section 507(b). Such Rate shall remain in effect until the maturity date 2.8(b) of the Bondsthis Series Indenture.

Appears in 1 contract

Samples: Indenture

Determination of Interest Rate. The Fixed Rate for the Bonds a 2020A-1 Bond to be converted to the Fixed Rate Mode shall be established by the Remarketing Agent on the Rate Determination Date applicable thereto pursuant to the provisions of Section 507(b). Such Rate shall remain in effect until the maturity date of the Bonds2.9(b) hereof.

Appears in 1 contract

Samples: Indenture

Determination of Interest Rate. The Fixed Rate for the Bonds a 2020D-2 Bond to be converted to the Fixed Rate Mode shall be established by the Remarketing Agent on the Rate Determination Date applicable thereto pursuant to the provisions of Section 507(b). Such Rate shall remain in effect until the maturity date of the Bonds2.9(b) hereof.

Appears in 1 contract

Samples: Indenture

Determination of Interest Rate. The Fixed Rate for the Bonds a 2019C Bond to be converted to the Fixed Rate Mode shall be established by the Remarketing Agent on the Rate Determination Date applicable thereto pursuant to the provisions of Section 507(b). Such Rate shall remain in effect until the maturity date of the Bonds2.9(b) hereof.

Appears in 1 contract

Samples: Indenture

Determination of Interest Rate. The Fixed Rate for the Bonds a 2018A-2 Bond to be converted to the Fixed Rate Mode shall be established by the Remarketing Agent on the Rate Determination Date applicable thereto pursuant to the provisions of Section 507(b). Such Rate shall remain in effect until the maturity date of the Bonds2.9(b) hereof.

Appears in 1 contract

Samples: Indenture

Determination of Interest Rate. The Fixed Rate for the Bonds a 2024 Series A-2 Bond to be converted to the Fixed Rate Mode shall be established by the Remarketing Agent on the Rate Determination Date applicable thereto pursuant to the provisions of Section 507(b). Such Rate shall remain in effect until the maturity date 2.8(b) of the Bondsthis Series Indenture.

Appears in 1 contract

Samples: Indenture