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Fixed Rate Mode definition

Fixed Rate Mode means the Mode in which the Bonds bear interest at a Fixed Rate.
Fixed Rate Mode means the period during which Bonds of a Series bear interest at aFixed Rate.
Fixed Rate Mode means the Mode in which the interest rate on the Bonds is fixed untilthe final Maturity Date.

Examples of Fixed Rate Mode in a sentence

  • A Fixed Rate Mode shall be in effect until the applicable Maturity Date, or acceleration thereof prior to such Maturity Date, and may not be changed to any other Mode.

  • In the event the conditions described above in subsections (a) or (b), as applicable, of this Section 2.10 have not been satisfied by the applicable Mode Change Date, then the New Mode or Fixed Rate Mode, as the case may be, shall not take effect.

  • The interest on the Bonds in a Fixed Rate Mode shall be payable on the applicable Interest Payment Date as herein described, computed on the basis of a 360-day year of twelve 30-day months.

  • The Borrower may substitute a Credit Facility for any Credit Facility then in effect; provided that no such substitution may be made with respect to the Bonds during any Commercial Paper Mode, Fixed Rate Mode, Indexed Mode or Term Rate Mode then applicable with respect to the Bonds.

  • The Bonds in the Weekly Rate Mode or any portion of such Bonds may be converted to the Daily Rate Mode on any Business Day and to the Term Rate Mode or the Fixed Rate Mode on any Interest Payment Date as provided in the FORMS OF BONDS set forth in Exhibit A hereto and upon the delivery of a Conversion Certificate of an Authorized Representative electing such conversion to the Paying Agent/Registrar and the Remarketing Agent.


More Definitions of Fixed Rate Mode

Fixed Rate Mode. ’ means a Rate Mode in which Multi-Modal Bonds bear interest at a Fixed Rate. ‘‘Fixed Rate Period’’ means the period from and including the Conversion Date and extending to the
Fixed Rate Mode means the Mode during which all or a particular portion of the 2023 Series N-2 Bonds bear interest at (a) Fixed Rate(s).
Fixed Rate Mode means any time during which the Bonds bear interest at a Fixed Interest Rate.
Fixed Rate Mode means the Mode during which the Bonds or any subseries thereof bear interest at a Fixed Rate.
Fixed Rate Mode means the Mode in which the duration of the Adjustment Period is determined in accordance with clause (g) of the definition of Adjustment Period.
Fixed Rate Mode means the Mode during which a Series of Variable Rate Bonds bears interest at Fixed Rates.
Fixed Rate Mode means the Mode during which the Bonds bear interest at the Fixed