Mode Change Date definition

Mode Change Date means the date of effectiveness of a Mode Change.

Mode Change Date means, with respect to Bonds of a Series, the date one Mode terminates and another Mode begins.

Mode Change Date means with respect to any 2020D-2 Bond in a particular Mode, the day on which another Mode for such Xxxx begins.

Examples of Mode Change Date in a sentence

• The Authority shall appoint and employ the services of a Tender Agent prior to any Purchase Date or Mode Change Date while the Bonds of any Series are in the Daily Rate, Weekly Rate, the Term Rate Mode, the Index Rate Mode or the Commercial Paper Mode.

• The Authority shall appoint and employ the services of a Remarketing Agent prior to any Purchase Date or Mode Change Date while the Bonds of any Series are in the Commercial Paper Mode, Daily Rate Mode, Weekly Rate Mode, Index Mode or Term Rate Mode.

• In the event the conditions described above in subsections (a) or (b), as applicable, of this Section 2.10 have not been satisfied by the applicable Mode Change Date, then the New Mode or Fixed Rate Mode, as the case may be, shall not take effect.

• The change to the Fixed Rate Mode shall not occur unless a Rating Confirmation Notice shall have been delivered to the Trustee and the Remarketing Agent on the Mode Change Date.

• Such Bonds shall be purchased on such Mode Change Date at a Purchase Price equal to 100% of the principal amount thereof, provided that if such Bonds are to be purchased on an Interest Payment Date other than the last Interest Payment Date and would otherwise be subject to optional redemption on such Mode Change Date at a Redemption Price of more than 100% of the principal amount thereof, such Bonds shall be purchased at a Purchase Price equal to such Redemption Price.

More Definitions of Mode Change Date

Mode Change Date means, with respect to any Bonds, the day immediately following the last day of one Mode for such Bonds on which another Mode begins.

Mode Change Date means with respect to the Bonds in a particular Mode, the day on which another Mode for the Bonds begins.

Mode Change Date means the date one Mode terminates and another Mode begins.

Mode Change Date has the meaning specified in Section 1.01 of the Bond Indenture.

Mode Change Date means with respect to any Series of Variable Rate Bonds in a particular Mode, the day on which another Mode for such Series of Variable Rate Bonds begins.

Mode Change Date. ” means, with respect to a subseries of Series 2015A Bonds, during the MMD Index Rate Period, the date on which such subseries convert from one Mode to another Mode, such date being the first Business Day occurring on or after the six (6)-month anniversary of the Closing Date, and thereafter on any Business Day occurring on or after the first (1st) anniversary of the Closing Date, excluding an MMD FRN Fixed Rate Conversion Date.

Mode Change Date has the meaning assigned to such term in the Certificate of Determination.