Fixed Rate Conversion Date definition

Fixed Rate Conversion Date shall have the meaning set forth in Section 4.02.

Fixed Rate Conversion Date means with respect to a Bond, the date upon which the Fixed Rate first becomes effective for the Bond.

Fixed Rate Conversion Date means the day on which the Interest Rate Determination Method shall be converted to the Fixed Rate.

Examples of Fixed Rate Conversion Date in a sentence

• The terms of any sale by the Remarketing Agent shall provide for the payment of the Purchase Price of the tendered Bonds to the Remarketing Agent in immediately available funds at or before 9:30 a.m., New York City time on the Fixed Rate Conversion Date.

• A notice of conversion to a Fixed Rate shall be effective only if it is accompanied by the form of opinion that Bond Counsel expects to give on a Fixed Rate Conversion Date to the effect that the establishment of a Fixed Rate is authorized by this Indenture, is permitted under the Act and will not have an adverse effect on the exclusion of interest on such Bonds from gross income for federal income tax purposes.

• The Fixed Rate shall become effective on the Fixed Rate Conversion Date and shall remain in effect for the remaining term of the Bonds.

• Any Bond in an Initial Rate Period or a Term Rate Period (for which no Liquidity Facility is then in effect and there was no Liquidity Facility in effect for such Bonds upon the commencement of the then- expiring Term Rate Period) to be converted to a Fixed Rate pursuant to Section 3.04 is subject to mandatory tender for purchase on the Fixed Rate Conversion Date in accordance with the provisions of Section 4.03(g) or Section 4.08, as applicable.

• Subject to Section 3.04(g), while the Bank is obligated to purchase Bonds pursuant to a Liquidity Facility, any such Bond to be converted to a Fixed Rate pursuant to Section 3.04 shall be subject to mandatory tender for purchase on the Fixed Rate Conversion Date at the Purchase Price.

More Definitions of Fixed Rate Conversion Date

Fixed Rate Conversion Date means the date on which the Bonds are converted to bear interest at the Fixed Rate pursuant to Section 3.04.

Fixed Rate Conversion Date means any date, determined in accordance with Section 2.02(b) of this Indenture, on which the Bonds convert from bearing interest at a Floating Rate to bearing interest at a Fixed Rate or any date immediately following a Fixed Rate Period as of which the interest rate on the Bonds is reset at a Fixed Rate.

Fixed Rate Conversion Date means the Conversion Date on which the interest rate on the Bonds shall be converted to the Fixed Rate.

Fixed Rate Conversion Date means the effective date of a Fixed Rate established in accordance with the terms of the Indenture.

Fixed Rate Conversion Date means the day on which the interest rate on a Series of Bonds is converted to the Fixed Rate.

Fixed Rate Conversion Date means the Conversion Date on which the interest rate on any Series of 2020 Bonds shall be converted to a Fixed Rate.

Fixed Rate Conversion Date means, with respect to a Series of Bonds, the day on which the Interest Rate Determination Method for such Series shall be converted to a Fixed Rate.