Adjustable Rate Mode definition

Adjustable Rate Mode means the Mode in which the Bonds bear interest at an Adjustable Rate.
Adjustable Rate Mode has the meaning set forth in the Indenture.
Adjustable Rate Mode means the Daily Rate Mode, the Weekly Rate Mode, the Commercial Paper Rate Mode, the Index Rate Mode and the Term Rate Mode.

Examples of Adjustable Rate Mode in a sentence

  • Unfortunately, as a result of current market circumstances, the charterer is not always willing to provide such guarantees.As at 31 December 2020, Oceanteam Bourbon 101 AS has negative equity of USD 5.3 million.

  • When the Bonds are in the Adjustable Rate Mode, the Bonds will remain in such Mode for as long as the Company continues to deliver timely conversion notices specifying the duration of the next Adjustable Rate Period.

  • It identifies a statewide vision, issues, and goals for wildlife management and proposes a wide range of conservation actions for both wildlife management and habitat management.

  • While the Bonds are in the Adjustable Rate Mode, they are subject to optional redemption in whole or in part on any date, at the direction of the Company, only on the dates and at the applicable redemption prices set forth in the Indenture.

  • Upon a conversion of the Bonds to the Adjustable Rate Mode, the duration of the initial Adjustable Rate Period shall be that period specified in the Company's conversion notice delivered pursuant to Section 2.02(f)(i) for the purpose of effecting such conversion.

  • Upon such release, the Bonds shall be subject to mandatory tender and, if the Bonds are then in the CP Rate Mode or the Adjustable Rate Mode, the mandatory tender price payable upon the mandatory tender of Bonds as a result of the release of the existing Letter of Credit shall include a premium equal to the redemption premium, if any, at the time payable pursuant to the optional redemption provisions of the Indenture.

  • If the conversion is from or within the Adjustable Rate Mode, the conversion date shall be the Adjustable Rate Interest Payment Date upon which the then current Adjustable Rate Period with respect to the Series [Series Designation] Bonds is to terminate; provided that the Corporation has given the Trustee, the Tender Agent and the Remarketing Agent 45-days’ notice of its election to effect such conversion.

  • If the conversion is from or within the Adjustable Rate Mode, the conversion date shall be the Adjustable Rate Interest Payment Date upon which the then current Adjustable Rate Period with respect to the Series [Series Designation] Bonds is to terminate; provided that the Corporation has given the Trustee, the Tender Agent, the Series [Series Designation] Credit Bank and the Remarketing Agent 45-days’ notice of its election to effect such conversion.

  • Bonds bearing interest in the Daily Rate Mode, the Weekly Rate Mode, the Adjustable Rate Mode and the Fixed Rate Mode shall be initially issued in the name of Cede & Co., as nominee for The Depository Trust Company, as the initial securities depository and registered owner of the Bonds, as provided in Section 2.11 of the Indenture.

  • The evaluation will also include field trips to Nepal and Tanzania.


More Definitions of Adjustable Rate Mode

Adjustable Rate Mode means the Mode in which a Bond bears interest at an Adjustable Rate. “Adjustable Rate Period” means the period from (a) an Adjustable Rate Conversion Date or an

Related to Adjustable Rate Mode

  • Variable Rate Bonds means Current Interest Bonds, which may be either Serial Bonds or Term Bonds, issued with a variable, adjustable, convertible or other similar interest rate which is not fixed in percentage for the entire term thereof at the date of issue, which Bonds may also be Option Bonds. Section 102.Rules of Construction. Words of the masculine gender shall be deemed and construed to include correlative words of the feminine and neuter genders. Unless the context shall otherwise indicate, the words "Bond," "Escrow Agent," "Owner," "person," "Paying Agent," and "Bond Registrar" shall include the plural as well as the singular number and the word "person" shall mean any individual, corporation partnership, joint venture, association, joint stock company, trust, unincorporated organization or government or any agency or political subdivision thereof. All references to applicable provisions of Law shall be deemed to include any and all amendments thereto.

  • Fixed Rate means, with respect to any Competitive Loan (other than a Eurodollar Competitive Loan), the fixed rate of interest per annum specified by the Lender making such Competitive Loan in its related Competitive Bid.

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.