Interest Rate Period definition

Interest Rate Period means that period of time for which the interest rate with respect to the Bonds has been determined by the Remarketing Agent or otherwise as provided in the definition of the applicable Interest Rate Mode, commencing on the applicable Interest Rate Adjustment Date, and terminating on the day immediately preceding the following Interest Rate Adjustment Date, if any.
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Interest Rate Period means any Daily Interest Rate Period, Weekly Interest Rate Period, Short-Term Interest Rate Period or Long-Term Interest Rate Period.
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Interest Rate Period means each period beginning on (and including) a Reset Date and ending on (but excluding) the next succeeding Reset Date.
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Examples of Interest Rate Period in a sentence

  • The Lender agrees not to alter the Interest Rate applicable to a Loan during any Fixed Interest Rate Period.

  • At the end of the Fixed Interest Rate Period, the Interest Rate will change to the floating rate set out in the Specific Terms.

  • Thereafter, each Weekly Interest Rate shall apply to the period commencing on each Wednesday and ending on the next succeeding Tuesday, unless such Weekly Interest Rate Period shall end on a day other than Tuesday, in which event the last Weekly Interest Rate for such Weekly Interest Rate Period shall apply to the period commencing on the Wednesday preceding the last day of such Weekly Interest Rate Period and ending on such last day.

  • The first Weekly Interest Rate determined for each Weekly Interest Rate Period shall apply to the period commencing on the first day of such Weekly Interest Rate Period and ending on the next succeeding Tuesday.

  • If a Fixed Interest Rate Period applies the Interest Rate will be fixed for that period.


More Definitions of Interest Rate Period

Interest Rate Period. “Rate Period,” or “Period” means, when used with respect to any particular rate of interest for a Bond, the period during which such rate of interest determined for such Bond will remain in effect as described herein, provided that the Remarketing Agent (i) shall not offer Interest Rate Periods which end on a day which does not immediately precede a Business Day, (ii) not offer Interest Rate Periods applicable to Bonds to be converted extending beyond the day preceding any scheduled Conversion of the Bonds to another Mode or the Maturity Date, and
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Interest Rate Period means, in respect of a Reference Date (t), the period from (and including) the Reference Date immediately preceding such Reference Date (t) to (but excluding) such Reference Date (t).
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Interest Rate Period means that period of time during which an interest rate or rates established under a floating rate interest structure will pertain, which periods may be altered or become fixed pursuant to the bond proceedings upon stated occurrences or upon determination of the absolute obligor or issuer.
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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.
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Interest Rate Period means, with respect to any Note in the Commercial Paper Mode or Long Term Rate Mode, the period of time commencing on the Interest Rate Adjustment Date to, but not including, the immediately succeeding Interest Rate Adjustment Date during which such Note bears interest at a particular fixed interest rate or floating interest rate, and with respect to any Note in the SPURS Mode, a SPURS Rate Period.
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Interest Rate Period means a Variable Interest Rate Period or a Fixed Interest Rate Period.
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Interest Rate Period means the same as that term is defined in the Indenture.
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