LIBOR Index Rate Period definition

LIBOR Index Rate Period means (a) the Initial Period and (b) each period thereafter from and including a LIBOR Index Rate Conversion Date to but excluding the earlier of (i) the immediately succeeding Index Interest Rate Mandatory Purchase Date and (ii) the Maturity Date.

LIBOR Index Rate Period means (a) the Initial Period with respect to each Series of Bonds and (b) each period thereafter from and including a LIBOR Index Rate Conversion Date to but excluding the earliest of (i) the immediately succeeding Bank Purchase Date, (ii) the immediately succeeding Conversion Date and (iii) the stated maturity date of the applicable Bonds; provided, however that the LIBOR Index Rate Period shall not include the Amortization Period.

LIBOR Index Rate Period means, with respect to LIBOR Notes, the period from and including the date of issuance of such LIBOR Notes to but excluding the Maturity Date. month.

Examples of LIBOR 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.

• 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 LIBOR Index Rate Period, interest on the Bonds shall be computed on the basis of a 360‑day year for the actual number of days elapsed.

• During each LIBOR Index Rate Period commencing on a date so specified and ending on the last day of the applicable LIBOR Index Rate Period, the interest rate borne by the 2018A Bonds shall be the LIBOR Index Rate.

• Such direction of the Obligated Group Representative shall specify the proposed Interest Rate Adjustment Date for such conversion, which shall be (1) a Business Day not earlier than the twentieth (20th) day following receipt by the Trustee, and (2) the date immediately following the last day of a LIBOR Index Rate Period.

More Definitions of LIBOR Index Rate Period

LIBOR Index Rate Period means (a) the initial Direct Purchase Period and (b) each period thereafter from and including a LIBOR Index Rate Conversion Date to but excluding the earliest of (i) the immediately succeeding Mandatory Purchase Date, (ii) the immediately succeeding Conversion Date and (iii) the Maturity Date.

LIBOR Index Rate Period means each period from and including a LIBOR Index Rate Conversion Date to but excluding the earliest of (i) the immediately succeeding Bank Purchase Date, (ii) the immediately succeeding Conversion Date and (iii) the Principal Payment Date or earlier redemption or purchase of all of the Bonds of such series.

LIBOR Index Rate Period means the period during which a Series 2020 D Bond in the LIBOR Index Rate Mode shall bear a LIBOR Index Rate, which shall be the period commencing on, and including, the Mode Change Date to the LIBOR Index Rate and ending on, and including the next Wednesday, and thereafter the period commencing on Thursday of each week to and including Wednesday of the following week, except the final LIBOR Index Rate Period shall be from and including the Thursday of the week prior to the next Mode Change Date or the Maturity Date to and including the day next preceding the next Mode Change Date or the Maturity Date.

LIBOR Index Rate Period means (a) the Initial Period and (b) each period thereafter from and including a LIBOR Index Rate Conversion Date to but excluding the earliest of (i) the immediately succeeding Bank Purchase Date, (ii) the immediately succeeding Conversion Date and (iii) the Principal Payment Date.

LIBOR Index Rate Period means (a) the Initial Indexed Put Rate Period and (b) each period thereafter from and including the Conversion Date on which the interest rate on the Notes is converted to an Indexed Put Rate to but excluding the earliest of (i) the immediately succeeding Mandatory Indexed Put Date, (ii) the Conversion Date next succeeding the commencement of such Indexed Put Rate Period, and (iii) the redemption in full of the Notes or the Maturity Date.

LIBOR Index Rate Period means the period from and including a LIBOR Index Rate Conversion Date to but excluding the earlier of (a) the immediately succeeding Purchase Date and (b) the Maturity Date.

LIBOR Index Rate Period means, with respect to a Series of Bonds, each period during which such Bonds bear interest at the LIBOR Index Rate.