Prevailing Market Conditions means, without limitation, the following factors: existing short-term or long-term market rates for securities, the interest on which is excluded from gross income for federal income tax purposes; indexes of such short-term or long-term rates and the existing market supply and demand for securities bearing such short-term or long-term rates; existing yield curves for short-term or long-term securities for obligations of credit quality comparable to the Bonds, the interest on which is excluded from gross income for federal income tax purposes; general economic conditions; industry economic and financial conditions that may affect or be relevant to the Bonds; and such other facts, circumstances and conditions as the Remarketing Agent, in its sole discretion, determines to be relevant.
Prevailing Market Conditions means, without limitation, the following factors: existing short-term market rates for securities, the interest on which is excluded from gross income for federal income tax purposes; indexes of such short-term rates; the existing market supply and demand and the existing yield curves for short-term and long-term securities for obligations of credit quality comparable to the Bonds, the interest on which is excluded from gross income for federal income tax purposes; general economic conditions, economic conditions in the electric utilities industry and financial conditions that may affect or be relevant to the Bonds; and such other facts, circumstances and conditions as the Remarketing Agent, in its sole discretion, shall determine to be relevant to the remarketing of the Bonds at the principal amount thereof.
Prevailing Market Conditions means, to the extent relevant (in the professional judgment of the Remarketing Agent) at the time of establishment of a rate or rates for Series A of 2020 Bonds as provided in Section 2.03(b)(i), (i) interest rates on comparable securities then being issued and traded; (ii) other financial market rates and indices that may have a bearing on rates of interest; (iii) general financial market conditions (including then current forward supply figures) that may have a bearing on rates of interest; and (iv) the financial condition, results of operation and credit standing of the Commission and the Bank to the extent such standing has a bearing on rates of interest.
Examples of Prevailing Market Conditions in a sentence
Except for the Auction Rate, each interest rate determined by the Remarketing Agent shall be the minimum rate of interest necessary, in the judgment of the Remarketing Agent taking into account Prevailing Market Conditions, to enable the Remarketing Agent to sell this Bond at a price equal to the principal amount hereof, plus accrued interest, if any.
The Remarketing Agent in its discretion, may consider such information and resources as it deems appropriate in making the determinations described in this paragraph, including consultations with the Commission, but the Remarketing Agent’s determination of the Short-Term Interest Period will be based solely upon the reasonable exercise of the Remarketing Agent’s judgment and shall take into account Prevailing Market Conditions.
Section 351.511(a)(2)(i)-(iii) of the U.S. Regulation MakesDeterminations In Relation to Prevailing Market Conditions Rather than “Commercial Considerations” 51.
The Fixed Rate shall be equal to the lowest rate of interest which, in the judgment of the Remarketing Advisor as of the date of determination of the Fixed Rate and under Prevailing Market Conditions, would cause the Bonds to have a market value equal to the principal amount thereof as of the Fixed Rate Conversion Date.
The Minimum Fixed Rate shall be the minimum rate of interest to be borne by the Bonds to maturity, and shall be equal to ninety percent (90%) of the lowest rate of interest which, in the judgment of the Remarketing Advisor as of the date of determination and under Prevailing Market Conditions, would cause the Bonds to have a market value equal to the principal amount thereof as of the Fixed Rate Conversion Date.
More Definitions of Prevailing Market Conditions
Prevailing Market Conditions means the base rental rate, expense stop, operating expense pass-through, and Tenant inducements in Comparable Buildings for the time period such determination is being made for office space of equivalent quality, size, utility, and location as the space in question (taking into account all relevant factors, including, without limitation, the creditworthiness of Tenant, the length of the extended Term in question, the term for such additional space, the age of the Building, and the fair market value of the improvements in such space that Tenant elects to use, and sums Landlord is required to pay Tenant in respect thereof under this Lease, as determined using leases entered into for comparable space in Comparable Buildings under similar circumstances during the period six months before the determination date in question, recent letters of intent and term sheets for comparable space in Comparable Buildings under similar circumstances and other relevant information. "Exercise Notice" shall mean an Extension Exercise Notice, an Available Space Exercise Notice, or an Expansion Notice. Within 30 days after Landlord has received an Exercise Notice, Landlord shall deliver to Tenant Landlord's assessment of the Prevailing Market Conditions for the extended Term or space in question (the "Landlord's Assessment"). Tenant shall notify Landlord whether it agrees with the Landlord's Assessment within 30 days after it is delivered to Tenant. If Tenant fails timely to notify Landlord that it disagrees with the Landlord's Assessment, then the Landlord's Assessment shall be the Prevailing Market Conditions for the extended Term or space in question. If Tenant timely delivers to Landlord written notice that it disagrees with the Landlord's Assessment for the extended Term (an "Objection Notice"), then the Objection Notice shall specify Tenant's assessment of the Prevailing Market Conditions for the space or extended Term in question ("Tenant's Assessment"). If the difference between Landlord's Assessment and Tenant's Assessment is 10% or less, then the Prevailing Market Conditions shall be the average of Landlord's Assessment and Tenant's Assessment. If the difference between Tenant's Assessment and Landlord's Assessment is more than 10%, then Landlord and Tenant shall meet to attempt to determine the Prevailing Market Conditions for such extended Term or space; if they are unable to agree on such Prevailing Market Conditions within 15 days after Tenant delivers to Landlord ...
Prevailing Market Conditions means, to the extent relevant (in the professional judgment of the Remarketing Agent) at the time of the establishment of an interest rate for the Bonds in accordance with this Indenture, (a) any past sales of, or efforts to sell, the Bonds at a purchase price equal to the principal amount thereof, plus accrued interest thereon (if any); (b) interest rates for comparable securities (i) with interest rate periods and demand purchase options substantially the same as the Bonds and bearing interest at a variable rate intended to maintain their secondary market price at the principal amount thereof, plus accrued interest thereon (if any), and (ii) rated by a national credit Rating Service in the same category as the Bonds if rated at the time; (c) other financial market rates and indices that may have a bearing on the rate of interest (which may include either tax-exempt or taxable rates or indices and may include, without limitation, rates and rate periods borne by comparable securities, commercial paper and United States Treasury obligations, commercial bank prime rates, federal funds rates, the London Interbank Offered Rate, the J. X. Xxxxx Index and the BMA Municipal Swap Index); (d) general financial market conditions (including current forward supply) that may have a bearing on the rate of interest; (e) the financial condition, results of operations and credit standing of the Bank and/or the Company to the extent such standing has a bearing on the rate of interest of the Bonds; and (f) any other relevant factor effecting the marketability of the Bonds.
Prevailing Market Conditions means the average amount of rent payable by the operators of similar sized and located lodges within the country as determined in good faith by the national protected area authority;
Prevailing Market Conditions means, to the extent relevant (in the professional judgment of the Remarketing Agent) at the time of establishment of a rate or rates for 2023B Bonds , as provided in Section 2.03(b)(i), (i) interest rates on comparable securities then being issued and traded; (ii) other financial market rates and indices that may have a bearing on rates of interest;
Prevailing Market Conditions means, to the extent relevant (in the best professional judgment of the Remarketing Agent) at the time of the establishment of an interest rate for the Bonds in accordance with this Indenture, (a) any past sales of, or efforts to sell, the Bonds at a purchase price equal to the principal amount thereof, plus accrued interest thereon; (b) interest rates for comparable securities (i) with interest rate periods and demand purchase options substantially the same as the Bonds and bearing' interest at a variable rate intended to maintain their secondary market price at the principal amount thereof, plus accrued interest thereon, and (ii) rated by a national credit rating agency in the same category as the Bonds; (c) other financial market rates and indices that may have a bearing on the rate of interest (which may include, without limitation, rates and rate periods borne by comparable securities, commercial paper and United States Treasury Bills; commercial bank prime rates, certificate of deposit rates and federal funds rates; the London Interbank Offered Rate, and publicly available rate indices for comparable securities); (d) general financial market conditions (including current forward supply) that may have a bearing on the rate of interest; and (e) the financial condition, results of operations and credit standing of the Bank and/or the Company to the extent such standing has a bearing on the rate of interest of the Bonds.
Prevailing Market Conditions means, without limitation, the following factors: existing
Prevailing Market Conditions means, to the extent relevant (in the best professional judgment of the Remarketing Advisor) at the time of the establishment of an interest rate for the Bonds in accordance with this Indenture,