Index Floating Rate definition

Index Floating Rate means a per annum rate of interest equal to the sum of (i) the Applicable Spread and (ii) the LIBOR Index.

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Index Floating Rate has the meaning set forth in the Indenture.

Index Floating Rate means the LIBOR Index Rate, the SIFMA Index Rate or the Alternate Index Rate. "Index Floating Rate Bond" means a Bond that bears interest at an Index Floating Rate.

Examples of Index Floating Rate in a sentence

• Thereafter, each Index Floating Rate shall apply to the period commencing on and including a LIBOR Reset Date and ending on the last day of the calendar month in which the LIBOR Reset Date occurs.

• At the election of the School Board in accordance with the provisions of the Series 2015C Supplemental Trust Agreement, the calculation of the Series 2015C Interest may be converted to a Daily Rate, Certificate Interest Term Rate, Long-Term Rate, Auction Rate or a new Index Floating Rate.

• Provided that no Event of Default has occurred under this Agreement or under any other Related Document, the Series 2014D Bonds and Series 2018 Bonds shall bear interest at the Index Floating Rate during any related Index Floating Rate Period.

• The Series 2014A Certificates are currently in an Index Floating Rate period which will terminate on January 2, 2020.

• Upon determining the Index Floating Rate for a given LIBOR Reset Date, the Calculation Agent shall notify the Trustee of such rate by electronic mail (e-mail) or by telephone or in such other manner as may be appropriate on the date of such determination, which notice, if provided by telephone, shall be promptly confirmed in writing.

More Definitions of Index Floating Rate

Index Floating Rate has the meaning set forth in the Bonds and as set forth in Section 2.01 hereof.

Index Floating Rate means a per annum rate of interest, established in accordance with Section 4(a)(4) of this Exhibit B on each Interest Determination Date during an Index Floating Rate

Index Floating Rate has the meaning set forth in the Bonds. The initial Index Floating Rate on the Bonds for the Initial Interest Period shall be % as determined by the Purchaser (as defined in the Bonds) of the Bonds on May 10, 2016.

Index Floating Rate means (a) for the period beginning October 27, 2016, and ending [ , 2022], a rate equal to the sum of (i) 67% of the LIBOR Rate plus

Index Floating Rate means an interest rate on the Series 2021A Refunding Bonds established in accordance with Section 3.04(g)(i) hereof.

Index Floating Rate means the sum of (A) the product of (x) Applicable Factor and (y) LIBOR Rate and (B) the Applicable Spread, determined on the Effective Date and on each Interest Reset Date.

Index Floating Rate means the per annum interest rate on the Bonds determined in accordance with Section 2.02(c) of the Indenture.