For Auction Periods. occurring after the Auction Period commencing on the Effective Date, the Interest Rate Adjustment Date shall be [_______________ (date) and every ___________ (number) ___________ (day of week) thereafter] [every __________ (number) ______________ (day of week) after the date set forth in paragraph 2 above], or the next Business Day if any such day is not a Business Day; PROVIDED, HOWEVER, that the length of subsequent Auction Periods shall be subject to further change hereafter as provided in the Indenture of Trust.
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Samples: Indenture (SLM Funding LLC), Indenture (SLM Funding LLC), Indenture (SLM Funding Corp)
For Auction Periods. occurring after the Auction Period commencing on the Effective Date, the Interest Rate Adjustment Date shall be [_______________ (date) and every ___________ (number) ___________ (day of week) thereafter] [every __________ (number) ______________ (day of week) after the date set forth in paragraph 2 above], or the next Business Day if any such day is not a Business Day; PROVIDEDprovided, HOWEVERhowever, that the length of subsequent Auction Periods shall be subject to further change hereafter as provided in the Indenture of Trust.
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For Auction Periods. occurring after the Auction Period commencing on the Effective Date, the Interest Rate Adjustment Date shall be [_______________ ____________(date) and every ___________ ________________(number) ___________ ______(day of week) thereafter] [every __________ ______(number) ______________ ___(day of week) after the date set forth in paragraph 2 above], or the next Business Day if any such day is not a Business Day; PROVIDEDprovided, HOWEVERhowever, that the length of subsequent Auction Periods shall be subject to further change hereafter as provided in the Indenture of Trust.
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