Index Rate Period definition

Index Rate Period means, with respect to any 2021 Series A Variable Rate Bond, in the event of an Interest Method Change Date to an Index Rate (or from the LIBOR Index Rate to the SIFMA Index Rate, or from the SIFMA Index Rate to the LIBOR Index Rate), the period commencing on such Interest Method Change Date and ending on the earlier of the next Interest Method Change Date with respect to such 2021 Series A Bond or the maturity or redemption of such 2021 Series A Bond.

Index Rate Period means, with respect to any 2024 Series C Variable Rate Bond, in the event of an Interest Method Change Date to an Index Rate, the period commencing on such Interest Method Change Date and ending on the earlier of the next Interest Method Change Date with respect to such 2024 Series C Bond or the maturity or redemption of such 2024 Series C Bond.

Index Rate Period means any period of time during which a Series of 2024 Series B-2 Bonds bears interest at the Index Rate.

Examples of Index Rate Period in a sentence

• The Calculation Agent shall determine the LIBOR Index Rate on each Computation Date during the LIBOR Index Rate Period, and such rate shall become effective on the LIBOR Index Reset Date next succeeding the Computation Date and interest at such rate shall accrue each day during such LIBOR Index Rate Period, commencing on and including the first day of such period to but excluding the last day of such period.

• The initial Index Rate Period shall commence on and be effective from the Effective Date and shall continue through the end of the Initial Period.

• During each LIBOR Index Rate Period, the Bonds shall, subject to subsection (3) of this Section 2.03(b), bear interest at the LIBOR Index Rate.

• During any Index Rate Period, the Bonds are not subject to optional redemption.

• The Calculation Agent shall determine the SIFMA Index Rate on each Computation Date during the SIFMA Index Rate Period, and such rate shall become effective on the SIFMA Rate Reset Date next succeeding such Computation Date and interest at such rate shall accrue each day during such SIFMA Index Rate Period, commencing on and including the first day of such period to but excluding the last day of such period.

More Definitions of Index Rate Period

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

Index Rate Period means the period from and including the first day of each calendar month (or the Initial BBH Period Tender Date, if applicable) to and including the last day of such calendar month.

Index Rate Period means a period in which Bonds bear interest at the Index Rate.

Index Rate Period means any period during which the 2018A Bonds bear interest at an Index Rate.

Index Rate Period. For the months of January and February in any given year, the Power Reimbursement will be Service Provider’s actual billed rate for power (the “Index Rate”). During this Index Rate Period, Service Provider will provide CTG with all necessary supporting evidence from its power provider or power consultant to substantiate its billing rate.

Index Rate Period means defined periods of time when the Power Reimbursement fee is calculated based on the “all-in” power rate that Service Provider is invoiced by their power provider as set out in the Service Order.

Index Rate Period means any period during which the Certificates bear interest at the Index Rate.