Discretionary Tender Date definition

Discretionary Tender Date means a date, specified by the Corporation (with the prior written consent of the Liquidity Provider, if any) in a written notice delivered to the Trustee, upon which all or any portion (as specified in such notice) of the 2023 Series B Variable Rate Bonds shall be subject to mandatory tender at the Purchase Price pursuant to Section 801 of Appendix A hereto; provided, however, that such date shall (i) not be earlier than fifteen (15) days following receipt by the Trustee of such written notice in the case of 2023 Series B Bonds bearing interest at the Daily Rate, the Weekly Rate, the Index Rate or the Term Rate and not be earlier than twenty (20) days following receipt by the Trustee of such written notice in the case of 2023 Series B Bonds bearing interest at the Fixed Rate, (ii) be on or after the Initial Redemption or Tender Date with respect to such 2023 Series B Bonds (except as provided in Section 105(F) hereof), and (iii) if such 2023 Series B Bonds bear interest at an Index Rate, be a Permitted Redemption or Tender Date.
Discretionary Tender Date means, with respect to a 202_ Series - Bond, a Business Day, on or after the 202_ Series - Optional Redemption or Tender Date for such 202_ Series - Bonds (except as provided in the last sentence of Section 208(4)(B) hereof), specified by the Agency in a notice to the Trustee (which may be delivered by the Agency only with the prior written consent of the Bank), upon which such 202_ Series - Bonds shall be subject to mandatory tender at the Purchase Price (which date shall not be earlier than fifteen (15) days following receipt by the Trustee of such Discretionary Tender Notice).
Discretionary Tender Date means a date, specified by the Corporation (with the prior written consent of the Liquidity Provider, if any) in a written notice delivered to the Trustee, upon which all of the 2023 Series C Bonds of a Series shall be subject to mandatory tender at the Purchase Price pursuant to Section 801 of Appendix A hereto; provided, however, that such date shall (i) not be earlier than fifteen (15) days (thirty (30) days during an Index Rate Period) following receipt by the Trustee of such written notice, (ii) be on or after the date on which such 2023 Series C Bonds are subject to redemption at the option of the Corporation pursuant to Section 102 of Appendix A hereto, and (iii) be an Index Rate Interest Payment Date during any Index Rate Period.

Examples of Discretionary Tender Date in a sentence

  • Upon receipt of a Change Notice specifying such Discretionary Tender Date with respect to 2019 Series __ Bonds of a maturity, the Trustee shall give Notice to the Holders of such 2019 Series Bonds of the Discretionary Tender Date and that on such Discretionary Tender Date all such 2019 Series Bonds shall be subject to mandatory tender at the Purchase Price.


More Definitions of Discretionary Tender Date

Discretionary Tender Date means, with respect to a 2023 Series - Bond, a Business Day, on or after the 2023 Series - Optional Redemption or Tender Date for such 2023 Series - Bonds (except as provided in the last sentence of Section 208(4)(B) hereof), specified by the Agency in a notice to the Trustee (which may be delivered by the Agency only with the prior written consent of the Bank), upon which such 2023 Series - Bonds shall be subject to mandatory tender at the Purchase Price (which date shall not be earlier than fifteen (15) days following receipt by the Trustee of such Discretionary Tender Notice).
Discretionary Tender Date means a date, specified by the Corporation (with the prior written consent of the Credit Issuer and the Mortgagor) in a written notice delivered to the Trustee, upon which all of the 2013 Series A Bonds shall be subject to mandatory tender at the Purchase Price pursuant to the Resolution (which date shall not be earlier than fifteen (15) days following receipt by the Trustee of such written notice).
Discretionary Tender Date means a date, specified by the Corporation (with the prior written consent of the Liquidity Provider, if any) in a written notice delivered to the Trustee, upon which all of the 2008-2018 Bonds of a Series shall be subject to mandatory tender at the Purchase Price pursuant to Section 801 of Appendix A hereto; provided, however, that such date shall (i) not be earlier than fifteen (15) days following receipt by the Trustee of such written notice, (ii) be on or after the date on which such 2008-2018 Bonds are subject to redemption at the option of the Corporation pursuant to Section 102 of Appendix A hereto, and
Discretionary Tender Date means a date, specified by the Corporation (with the prior written consent of the Liquidity Provider, if any) in a written notice delivered to the Trustee, upon which all or any portion (as specified in such notice) of the 2022 Series F-3 Variable Rate Bonds shall be subject to mandatory tender at the Purchase Price pursuant to Section 801 of Appendix A hereto; provided, however, that such date shall (i) not be earlier than fifteen (15) days following receipt by the Trustee of such written notice in the case of 2022 Series F-3 Bonds bearing interest at the Daily Rate, the Weekly Rate, the Index Rate or the Term Rate and not be earlier than twenty (20) days following receipt by the Trustee of such written
Discretionary Tender Date means a date, specified by the Corporation in a written notice delivered to the Trustee, upon which all of the 2021 Series L Bonds shall be subject to mandatory tender at the Purchase Price, provided that such date (i) shall not be earlier than thirty (30) days following receipt by the Trustee of such written notice, (ii) shall be an Index Rate Interest Payment Date and (iii) shall be on or after the date on which such 2021 Series L Bonds are subject to redemption at the option of the Corporation.
Discretionary Tender Date means a date, specified by the Agency in a Change Notice, upon which all of the 2016 Series A Bonds shall be subject to mandatory tender at the Purchase Price (which date shall not be earlier than fifteen (15) days following receipt by the Trustee of such Change Notice). Upon receipt of a Change Notice specifying such Discretionary Tender Date, the Trustee shall give Notice to the Holders of the 2016 Series A Bonds of the Discretionary Tender Date and that on such Discretionary Tender Date all 2016 Series A Bonds shall be subject to mandatory tender at the Purchase Price.
Discretionary Tender Date means a date, specified by the Agency in a Change Notice, upon which all of the Bonds of a Series shall be subject to mandatory tender at the Purchase Price (which date shall not be earlier than fifteen (15) days following receipt by the Trustee of such Change Notice).