Multiannual Mode definition

Multiannual Mode means the Mode in which the interest rate on the Bonds is fixed for periods of one year or multiples thereof designated by the Company as described in the forms of Multiannual Bonds.
Multiannual Mode means the Mode in which the interest rate on the Bonds is fixed for periods of one year or multiples thereof designated by the Borrower as described in the form of Multiannual Bonds.
Multiannual Mode means the Mode in which the interest rate on the Bonds is fixed for periods of one year or multiples thereof designated by the Remarketing Agent, after consultation with the Company, as described in the form of Bond set forth in Section 2.03 hereof.

Examples of Multiannual Mode in a sentence

  • The period for and the manner in which the interest rates on the Bonds, or any portion of the Bonds, are set and includes the Daily Mode, the Flexible Mode, the Weekly Mode, the Monthly Mode, the Quarterly Mode, the Semiannual Mode, the Multiannual Mode, the Index Floating Rate Mode and the Fixed Rate Mode.

  • The interest on the Bonds in a Fixed Rate Mode, Multiannual Mode, Semiannual Mode or Quarterly Mode shall be payable on the applicable Interest Payment Date as herein described, computed on the basis of a 360-day year of twelve 30-day months.

  • Bonds in the Daily Mode, the Flexible Mode, the Weekly Mode, the Monthly Mode, the Quarterly Mode, the Semiannual Mode, the Multiannual Mode or such other mode or provisions as set forth in each Award Certificate.

  • Bonds in the Multiannual Mode are subject to mandatory tender for purchase as provided in the form of Bond and in Section 2.11 hereof.

  • The Bonds may be converted in whole or in part to the Daily Mode, the Flexible Mode, the Weekly Mode, the Monthly Mode, the Quarterly Mode, the Semiannual Mode, any Interest Rate Period in the Multiannual Mode or the Fixed Rate Mode upon compliance with the conditions set forth in this Indenture.

  • The Company shall appoint, with the consent of the Authority, and, if a Credit Facility is in effect, the Bank, a Remarketing Agent when any Bonds are in the Flexible Mode, Weekly or Multiannual Mode.

  • The Commission shallcause a Liquidity Agreement to be continuously maintained in full force and effect (except afterthe Bonds have been converted to the Multiannual Rate, the Index Floating Rate or the Fixed Rate) in an amount equal to the principal amount of the Outstanding Bonds, until all of the Bonds have been paid in full, their payment provided for in accordance with the Resolution, or the Bonds are converted to the Multiannual Mode, Index Floating Rate Mode or the Fixed Rate Mode.

  • While the Bonds are in the Flexible, Weekly or Multiannual Mode, the Remarketing Agent shall solicit offers to purchase and use its best efforts to find a purchaser for Tendered Bonds, Pledged Bonds and Company Bonds, provided that Bonds supported by a Credit Facility shall not be remarketed to the Authority, the Company or "insiders" of either of them as that term is defined in the United States Bankruptcy Code.

  • The particular Bonds (or portions thereof) to be converted shall be selected by lot by the Paying Agent from all the Bonds in the Mode (or in the case of Bonds in the Multiannual Mode, the Interest Rate Period) from which Bonds are to be converted.

  • The particular Bonds (or portions thereof) to be converted shall be selected by the Paying Agent from all the Bonds in the Mode (or in the case of Bonds in the Multiannual Mode, the Rate Period) from which Bonds are to be converted.


More Definitions of Multiannual Mode

Multiannual Mode is defined in the Ordinance.
Multiannual Mode means the Mode in which the interest rate on the Bonds is fixed for periods of not less than 365 days as designated by the Company as described in the form of Multiannual Bonds in Section 3.01(a)(v).
Multiannual Mode has the meaning ascribed to such term in the Indenture.

Related to Multiannual Mode

  • Semi-Annual Period means each period of six-months, commencing on the first day of a Fiscal Year; provided that the first such period shall begin on July 1, 2013 and end on December 31, 2013.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Basic research means any original investigation for the advancement of scientific or technological knowledge that will enhance the research capacity of this state in a way that increases the ability to attract to or develop companies, jobs, researchers, or students in this state.

  • Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.

  • Annual Work Plan means each work plan approved by the Association under Section I.C of Schedule 2 to this Agreement for inclusion in the Project.

  • Number of Students Who Began Program means the number of students who began the program who are scheduled to complete the program within the reporting calendar year.

  • Development Phase means the period before a vehicle type is type approved.

  • Plan for moderate income housing means a written document adopted by

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • Model Year means the CI engine manufacturer’s annual production period, which includes January 1st of a calendar year, or if the manufacturer has no annual production period, the calendar year.

  • Development Fees means fees imposed to offset capital costs of providing public infrastructure, public safety or other public services to a development and authorized pursuant to A.R.S. Section 9-463.05, A.R.S. Section 11-1102 or A.R.S. Title 48 regardless of the jurisdiction to which the fees are paid.

  • Development Fee means a fee for the packaging of a Property, including negotiating and approving plans, and undertaking to assist in obtaining zoning and necessary variances and necessary financing for the Property, either initially or at a later date.

  • Non-Participating Retail Health Clinic means a Retail Health Clinic which does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Participating Retail Health Clinic means a Retail Health Clinic which has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Three-Month Term SOFR Conventions means any determination, decision or election with respect to any technical, administrative or operational matter (including with respect to the manner and timing of the publication of Three-Month Term SOFR, or changes to the definition of “interest period,” timing and frequency of determining Three-Month Term SOFR with respect to each interest period and making payments of interest, rounding of amounts or tenors, and other administrative matters) that the Calculation Agent decides may be appropriate to reflect the use of Three-Month Term SOFR as the Benchmark in a manner substantially consistent with market practice (or, if the Calculation Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Calculation Agent determines that no market practice for the use of Three-Month Term SOFR exists, in such other manner as the Calculation Agent determines is reasonably necessary).

  • Independent educational evaluation means an evaluation conducted by a qualified examiner who is not employed by the public agency responsible for the education of the child in question.

  • Clinical evaluation means a systematic and planned process to continuously generate, collect, analyse and assess the clinical data pertaining to a device in order to verify the safety and performance, including clinical benefits, of the device when used as intended by the manufacturer;

  • Semi-Annual Record Date means the "Record Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions--Semi-Annual Distributions" in the Prospectus Part I for a Trust.

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • Three-dimensional reference system means a system as described in Appendix 2 to this annex;

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.