Examples of Bid Auction Rate in a sentence
If Sufficient Clearing Bids, as described above under "Determination of Sufficient Clearing Bids and Bid Auction Rate," have been received by the Auction Agent, the Bid Auction Rate will be the Auction Rate, and Submitted Bids and Submitted Sell Orders will be accepted or rejected and the Auction Agent will take such other action as set forth below.
If the Auction Agent has not received Sufficient Clearing Bids as described above under "Determination of Sufficient Clearing Bids and Bid Auction Rate" (other than because all of the outstanding Auction Rate Securities are subject to Submitted Holds Orders), the Auction Rate will be the Maximum Auction Rate.
OTHER MONTHLY LIVING EXPENSES Food ° Groceries (including food, paper, cleaning products, toiletries, and other) $ ° Restaurant $ Transportation ° Vehicle loan, lease $ ° Vehicle maintenance $ ° Gasoline $ ° Parking, public transportation $ Clothing ° Clothes (other than child(ren)’s) $ ° Dry cleaning and laundry $ Personal grooming ° Hair and nail care $ ° Other: $ Other: $ TOTAL MONTHLY: $ C.
If the Auction Agent has not received Sufficient Bids as described above under "Determination of Sufficient Bids and Bid Auction Rate" (other than because all of the Notes are subject to Submitted Holds Orders), the Series Interest Rate will be the lesser of the Maximum Auction Rate or the Net Loan Rate.