Fixed Interest Rate Mode definition

Fixed Interest Rate Mode means the interest rate mode during any period when the Bonds bear interest at a Fixed Interest Rate.
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Fixed Interest Rate Mode means, with respect to any Note, the Interest Rate Mode in which the interest rate on such Note is determined and in effect until the Stated Maturity of such Note and interest is paid as provided for such Interest Rate Mode in Section 203 hereof.
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Fixed Interest Rate Mode are used as defined in the corresponding Trust Indenture, as the context requires.
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Examples of Fixed Interest Rate Mode in a sentence

  • The Conversion to the Fixed Interest Rate Mode shall occur automatically.

  • Archived from the original (http://www.sun.com/software/webnfs/over view.xml) on May 18, 2007.

  • The Bonds shall initially bear interest in the SIFMA Index Rate Mode to but not including the Conversion Date, on which date the Bonds shall be converted to bear interest in the Fixed Interest Rate Mode.

  • On and after the Conversion Date, the Bonds shall bear interest in the [Fixed Interest Rate Mode].

  • The Conversion to the Fixed Interest Rate Mode on and after the Conversion Date shall occur automatically.

  • On and after the Conversion Date, the Bonds, shall bear interest in the Fixed Interest Rate Mode.

  • With respect to a Conversion to the Fixed Interest Rate Mode: (1) the City shall have the option to Convert the interest payable with respect to the Bonds or a Tranche thereof, as the case may be, to a Fixed Interest Rate.

  • Failure to Meet Conditions to Convert to a New Mode for Bonds in the Fixed Interest Rate Mode or the Auction Rate Mode.

  • No further conversion to other Interest Rate Modes can be made after conversion to the Fixed Interest Rate Mode.

  • For Bonds in the Fixed Interest Rate Mode, no credit support is required.


More Definitions of Fixed Interest Rate Mode

Fixed Interest Rate Mode means, with respect to any Note, the Interest Rate Mode in which the interest rate on such Note is determined and in effect until the Date of Maturity of such Note.
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Fixed Interest Rate Mode are used as defined in the 1993 Trust Indenture or the 1994 Refunding Trust Indenture, as the context requires.
Sample 1

Related to Fixed Interest Rate Mode

  • Interest Rate Period means any Daily Interest Rate Period, Weekly Interest Rate Period, Short-Term Interest Rate Period, Long- Term Interest Rate Period or ARS Interest Rate Period.

  • Fixed Rate Period shall have the meaning in the form of Security set forth in Section 2.1.

  • Floating Rate Period shall have the meaning set forth in Section 2.05(b) hereof.

  • Interest Rate Adjustment Date With respect to each Adjustable Rate Mortgage Loan, the date, specified in the related Mortgage Note and the related Mortgage Loan Schedule, on which the Mortgage Interest Rate is adjusted.

  • Fixed Interest Period means the period from (and including) an Interest Payment Date (or the Interest Commencement Date) to (but excluding) the next (or first) Interest Payment Date; and

  • Fixed Rate Note means any Class A-1 Note, Class A-2a Note, Class A-3 Note or Class A-4 Note.

  • 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.