Examples of Floater Certificates in a sentence
LIBOR applicable to the calculation of the Pass-Through Rates on the Floater Certificates and Inverse Floater Certificates, if any, for any Interest Accrual Period (other than the initial Interest Accrual Period) will be determined on each LIBOR Rate Adjustment Date.
If the Remarketing Agent determines that the Floater Certificates will not remain in the SIFMA Term Mode, then the provisions of Section 7.2 shall apply.
The determination of the SIFMA Spread by the Remarketing Agent shall be conclusive and binding, in the absence of manifest error, upon the Trustee, the Tender Agent, the Liquidity Bank, and the Holders and Beneficial Owners of Floater Certificates and Residual Certificates.
Pursuant to the Trust Agreement, the Floater Certificates, Series [ ] (the “Floater Certificates”) and the Residual Certificates, Series [ ] (the “Residual Certificates” and, together with the Floater Certificates, collectively, the “Certificates”) have been executed, registered and delivered by the Trustee.
One or more Floater Certificates with respect to each series of Floater Certificates, registered in the name of a nominee of the Securities Depository (the “Securities Depository Nominee”), shall be issued and required to be deposited with the Securities Depository and immobilized in its custody.