Common use of Determination Time Clause in Contracts

Determination Time. Each such interest rate shall be determined by the applicable Remarketing Agent not later than 4:00 p.m., New York City time, on a Business Day not later than the last Business Day immediately preceding the commencement of the Long Rate Period.

Appears in 1 contract

Samples: Fiscal Agent Agreement

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Determination Time. Each such interest rate shall be determined by the applicable Remarketing Agent not later than 10:00 a.m., New York City time, on the commencement date of the Weekly Rate Period to which it relates or, if such date is not a Business Day, on the succeeding Business Day; provided, however, that in the case of a Weekly Rate established pursuant to Section 2.03(h)(v), such determination shall be made not later than 4:00 p.m., New York City time, on a Business Day not later than the last Business Day immediately preceding the commencement of the Long applicable Weekly Rate Period.

Appears in 1 contract

Samples: Fiscal Agent Agreement

Determination Time. Each such interest rate shall be determined by the applicable Remarketing Agent by not later than 4:00 p.m., New York City time, on a Business Day not later than the last Business Day immediately preceding the commencement date of the Long Flexible Rate Period.

Appears in 1 contract

Samples: Fiscal Agent Agreement

Determination Time. Each such interest rate shall be determined by the applicable Remarketing Agent not later than 4:00 p.m.10:00 a.m., New York City time, on a Business Day not later than the last Business Day immediately preceding the commencement date of the Long Daily Rate PeriodPeriod to which it relates.

Appears in 1 contract

Samples: Fiscal Agent Agreement

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Determination Time. Each such interest rate shall be determined by the applicable Remarketing Agent not later than 4:00 p.m., New York City time, on a Business Day not later than the last Business Day immediately preceding the commencement date of the Long Semiannual Rate Period.

Appears in 1 contract

Samples: Fiscal Agent Agreement

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