Index Floating Rate Period definition

Index Floating Rate Period has the meaning set forth in the Indenture.
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Index Floating Rate Period means, with respect to an Index Floating Rate Certificate, each period during which an Index Floating Rate is in effect.
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Index Floating Rate Period means, with respect to any Series of the Notes, each period during which an Index Floating Rate is in effect.
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Examples of Index Floating Rate Period in a sentence

  • The Index for the applicable calculation period plus the Initial Index Floating Rate Spread, which shall be in effect for the Initial Index Floating Rate Period.

  • 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 Initial Index Floating Rate Period may extend to the maturity of the series or installment of Bonds.

  • The Authority shall determine the Applicable Factor to be in effect and the date on which such Index Floating Rate Period shall end and shall provide notice in writing to the Remarketing Agent of such.

  • Thereafter, each Index Floating Rate shall apply to the period commencing on and including a LIBOR Reset Date and ending on and excluding the next succeeding LIBOR Reset Date, unless such Index Floating Rate Period ends on a day other than an Interest Payment Date, in which event the last Index Floating Rate for such Index Floating Rate Period shall apply to the period commencing on and including a LIBOR Reset Date and ending on and including the last day of such Index Floating Rate Period.

  • Effective as of the Series 2018 Closing Date, interest on the Series 2014D Bonds and Series 2018 Bonds during an Index Floating Rate Period during which the Index is based upon the Daily LIBOR Rate shall be calculated on the basis of a 360-day year and the actual number of days elapsed.

  • Except during an Index Floating Rate Period or a Long- Term Interest Rate Period, interest on the Series 2021A Refunding Bonds shall accrue on the basis of the actual number of days elapsed during the Interest Rate Period and a year of 365 days (366 days in a leap year).

  • Bond Resolution, and remarketed to a new Index Floating Rate Period on March 20, 2018 pursuant to the provisions of the 2011A Supplemental Bond Resolution and the 2018 Supplemental Resolution.

  • Participants will be given a 7-point Likert Scale to answer the question and all participants who do not state "2" as their answer will be excluded.

  • The initial Index Floating Rate Spread for the Series 2021A Refunding Bonds in an Index Floating Rate Period shall be determined by the applicable Remarketing Agent no later than the day prior to the Conversion Date as the rate per annum that will result in the applicable Remarketing Agent selling such Series 2021A Refunding Bonds at a price equal to par on the Conversion Date.


More Definitions of Index Floating Rate Period

Index Floating Rate Period means the period from and including the first day of any period during which the Bonds bear interest at an Index Floating Rate to but excluding the earliest of (i) the Business Day following the last day of such period, (ii) the immediately succeeding Mode Change Date applicable to the Bonds, and (iii) the Maturity Date.
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Index Floating Rate Period means a SIFMA Index Rate Period or a LIBOR Rate Period. “Initial Period” means for the 2015 Variable Rate Parity Bonds of a Series the initial SIFMA
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Index Floating Rate Period means each period during which an Index Floating Rate Spread is in effect for the Bonds, determined in accordance with Section 3.04(g)(i) hereof.
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Index Floating Rate Period means the period commencing on March 20, 2018, to and including March 19, 2021, unless the Series 2011A Bonds are converted to another interest rate mode prior to such date in accordance with Section 3.4(g)(B) of the Supplemental Bond Resolution, or redeemed prior to such date in accordance with Section 4.1(a) of this Supplemental Resolution.
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Related to Index Floating Rate Period

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

  • Quarterly Floating Rate Period means, for the initial Quarterly Floating Rate Period, the period commencing on September 20, 2018 and ending on and including December 19, 2018, and thereafter the period from and including the day immediately following the end of the immediately preceding Quarterly Floating Rate Period to but excluding the next succeeding Quarterly Commencement Date.

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

  • 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.

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • Pricing Rate Period means, with respect to any Transaction and any Remittance Date (a) in the case of the first Pricing Rate Period, the period commencing on and including the Purchase Date for such Transaction and ending on and excluding the following Remittance Date, and (b) in the case of any subsequent Pricing Rate Period, the period commencing on and including the immediately preceding Remittance Date and ending on and excluding such Remittance Date; provided, however, that in no event shall any Pricing Rate Period for a Purchased Asset end subsequent to the Repurchase Date for such Purchased Asset.

  • Weekly Rate Period means any period of time during which a Group of 2021 Series J Variable Rate Bonds bears interest at the Weekly Rate.

  • CB Floating Rate means the Prime Rate; provided that the CB Floating Rate shall never be less than the Adjusted One Month LIBOR Rate on such day (or if such day is not a Business Day, the immediately preceding Business Day). Any change in the CB Floating Rate due to a change in the Prime Rate or the Adjusted One Month LIBOR Rate shall be effective from and including the effective date of such change in the Prime Rate or the Adjusted One Month LIBOR Rate, respectively.

  • Rate Period has the meaning set forth in the Statement.

  • Initial Fixed Rate Period means the period commencing on the Issue Date and ending on and including June 30, 2020.

  • Floating Rate Interest Period means, during the Floating Rate Period, the period beginning on (and including) a Floating Rate Period Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Period Interest Payment Date; provided that the first Floating Rate Interest Period will begin on (and include) April 18, 2025 and will end on (but exclude) the first Floating Rate Period Interest Payment Date.

  • Special Rate Period with respect to the VRDP Shares, has the meaning specified in paragraph (a) of Section 4 of Part I of the Articles Supplementary.

  • Floating Rate Option has the meaning given to it in the ISDA Definitions;

  • Subsequent Fixed Rate Period means for the initial Subsequent Fixed Rate Period, the period commencing on July 1, 2020 and ending on and including June 30, 2025 and for each succeeding Subsequent Fixed Rate Period, the period commencing on the day immediately following the end of the immediately preceding Subsequent Fixed Rate Period and ending on and including June 30 in the fifth year thereafter.

  • Daily Rate Period means any period of time during which a Group of 2023 Series B Variable Rate Bonds bears interest at the Daily Rate.

  • Subsequent Rate Period means, with respect to any Series of RVMTP Shares, the period consisting of seven calendar days, but adjusted in each case to reflect any changes when the regular calendar day that is a Rate Determination Date is not a Business Day, from, and including, the first calendar day following the Initial Rate Period of such Series to, and including, the next Rate Determination Date for such Series and any period thereafter from, and including, the first calendar day following a Rate Determination Date for shares of such Series to, and including, the next succeeding Rate Determination Date for shares of such Series.

  • Fixed Rate Interest Period means the period beginning on (and including) the Issue Date and ending on (but excluding) the first Fixed Rate Interest Payment Date, and each successive period beginning on (and including) a Fixed Rate Interest Payment Date and ending on (but excluding) the next succeeding Fixed Rate Interest Payment Date.

  • Fixed Rate Period Remaining Life means, with respect to any Debenture, the period from the Special Redemption Date for such Debenture to the Interest Payment Date in December 2010.

  • Term Rate Period means any period of time during which a Group of 2024 Series A Variable Rate Bonds bears interest at the Term Rate.

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • Floating Rate Classes The Classes designated as either “Floating Rate” or “Inverse Floating Rate” in the Prospectus Supplement.

  • Initial Rate Period means, with respect to the VMTP Shares of any Series, the period commencing on and including the Date of Original Issue thereof and ending on, and including, the next succeeding calendar day that is a Wednesday (or if such Wednesday is not a Business Day, the next succeeding Business Day).

  • Floating Rate Margin means 7.50 per cent. per annum.

  • Index Rate means, for any day, a floating rate equal to the higher of (i) the rate publicly quoted from time to time by The Wall Street Journal as the "base rate on corporate loans posted by at least 75% of the nation's 30 largest banks" (or, if The Wall Street Journal ceases quoting a base rate of the type described, the highest per annum rate of interest published by the Federal Reserve Board in Federal Reserve statistical release H.15 (519) entitled "Selected Interest Rates" as the Bank prime loan rate or its equivalent), and (ii) the Federal Funds Rate plus 50 basis points per annum. Each change in any interest rate provided for in the Agreement based upon the Index Rate shall take effect at the time of such change in the Index Rate.

  • Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;