Examples of One Year Interest Rate in a sentence
If the Refunding Bonds are bearing interest at the One Month Interest Rate, Three Month Interest Rate, Six Month Interest Rate, One Year Interest Rate or Five Year Interest Rate, the Replacement Date shall be the Interest Rate Adjustment Date or the Fixed Interest Rate Commencement Date if the Bonds are to bear interest at the Fixed Interest Rate.
The Company shall not change the Interest Rate Mode to a Six Month Interest Rate Mode, a One Year Interest Rate Mode, a Five Year Interest Rate Mode or a Fixed Interest Rate Mode without the prior written consent of the Bank.
While the Series 2012 Bonds bear interest at the Six Month Interest Rate, the One Year Interest Rate, the Five Year Interest Rate or the Fixed InterestRate, interest is payable on the first day of each May and November, and while the Series 2012 Bonds bear interest at the Weekly Rate, the One Month Interest Rate or the Three Month Interest Rate, interest in such Interest Rate Mode is payable on the first Business Day of each month.
If the Project Bonds bear interest at the Six Month Interest Rate, the One Year Interest Rate, the Five Year Interest Rate or the Fixed Interest Rate, then the interest coverage period for the Letter of Credit shall be at least 195 days of interest at the Maximum Rate.
The Borrower shall not change the Interest Rate Mode to a Six Month Interest Rate Mode, a One Year Interest Rate Mode, a Five Year Interest Rate Mode or a Fixed Interest Rate Mode without the prior written consent of the Required Lenders.
While a series of the Series 2001 Bonds bear interest at the Three Month Interest Rate, the Six Month Interest Rate or the One Year Interest Rate, such Series 2001 Bonds are also subject to redemption by the Issuer (upon direction of the Borrower) prior to maturity on any Interest Rate Adjustment Date, in whole or in part (in minimum principal amounts of $50,000), at a redemption price of 100% of the principal amount to be redeemed, plus interest accrued to the redemption date.
Interest shall be calculated on the basis of a 360-day year of twelve 30-day months so long as interest is payable at the Six Month Interest Rate, the One Year Interest Rate, the Five Year Interest Rate or the Fixed Interest Rate.
As used in this subsection, the terms "Interest Rate Mode", "Six Month Interest Rate Mode", "One Year Interest Rate Mode", "Five Year Interest Rate Mode" and "Fixed Interest Rate Mode" are used as defined in the 1993 Trust Indenture or the 1994 Refunding Trust Indenture, as the context requires.
Interest shall be calculated on the basis of a 360-day year of twelve 30- day months so long as interest is payable at the Six Month Interest Rate, the One Year Interest Rate, the Five Year Interest Rate or the Fixed Interest Rate.
Investments: Investments balances at September 30, 2012 are as follows: Investment Type Maturity Fair Value Hancock Horizon Governmental MMF Class ALess than One Year Interest Rate Risk.