Purchaser Rate definition

Purchaser Rate for any Yield Period for any related Undivided Interest (or portion thereof) means:
Purchaser Rate has the meaning set forth in Appendix B.
Purchaser Rate means the Default Rate.

Examples of Purchaser Rate in a sentence

  • Unremarketed Bonds shall bear interest at the Purchaser Rate determined in accordance with the terms and provisions of the Agreement relating to such Unremarketed Bonds, as more fully set forth in Section 2.07.

  • Thank you to all the veterans out there, but Town Offices will be closed.

  • In the event the County and the Purchaser fail to document in writing their agreement of the proposed rate(s) and terms of the succeeding period(s), and the conditions precedent to the Purchaser agreeing to hold Unremarketed Bonds bearing interest at the Purchaser Rate set forth in Section 4.01(b) hereof are not satisfied, the County shall continue to be required to repurchase the Series 2014D Bonds or Series 2018 Bonds for the Mandatory Tender Purchase Price on the Mandatory Purchase Date.

  • Along these lines, Menzio (2007) provides a cheap-talk model of job ads that actually guides job seekers towards employers paying wages that are correlated with their announcements posted without commitment.

  • During the Scheduled Amortization Period, interest on the Note shall accrue at the Purchaser Rate, be payable monthly in arrears on the first Business Day of each calendar month and be calculated on the basis of a 360-day year and actual days elapsed.


More Definitions of Purchaser Rate

Purchaser Rate means a rate per annum equal to the Eurodollar Rate plus one-quarter of one percent (0.25%). The Purchaser Rate for a Yield Period shall be established on the applicable day contemplated by the definition of LIBOR.
Purchaser Rate means, for any Settlement Period (i) with respect to a Committed Purchaser, a rate equal to the Assignee Rate for such Settlement Period, and (ii) with respect to a Conduit Purchaser, (x) its CP Rate or (y) a rate equal to the Assignee Rate for such Settlement Period if at any time and for any reason whatsoever, (1) such Conduit Purchaser shall not fund Purchases or maintain Capital during such Settlement Period through the issuance of CP Notes in the United States commercial paper market, (2) the Program Agent shall have required that Payment Dates occur more frequently than monthly (or more frequently than weekly, during a Level 2 Downgrade Period) pursuant to the proviso in the definition of "Payment Date" or (3) such Conduit Purchaser shall have assigned Capital to a Liquidity Provider or to any other permitted assignee (other than a Conduit Purchaser) pursuant to Section 10.04.
Purchaser Rate means a fluctuating interest rate per annum which, for each day, shall equal (i) for the period from and including the Mandatory Tender Date to and including the thirtieth (30th) day immediately succeeding the Mandatory Tender Date, the Base Rate from time to time in effect, (ii) for the period from and including the thirty-first (31st) day next succeeding the Mandatory Tender Date to and including the ninetieth (90th) day immediately succeeding the Mandatory Tender Date, the sum of the Base Rate per annum from time to time in effect plus one percent (1.00%) and (iii) for the period from and after the ninety-first (91st) day immediately succeeding the Mandatory Tender Date, the sum of the Base Rate from time to time in effect plus two percent (2.00%); provided that if an Event of Default has occurred and is continuing, the Purchaser Rate shall equal the Default Rate.
Purchaser Rate for any Settlement Period means:
Purchaser Rate means, for any day from and after the Amortization Commencement Date, the rate of interest per annum equal to (i) for any day commencing on the Amortization Commencement Date to and including the one hundred eighth (180th) day next succeeding the Amortization Commencement Date, the Base Rate from time to time in effect, (ii) for any day commencing on the one hundred eighty-first (181st) day next succeeding the Amortization Commencement Date to and including the one hundred eightieth (180th) day next succeeding the Amortization Commencement Date, the sum of the Base Rate from time to time in effect plus one percent (1.00%), provided that immediately and automatically upon the occurrence of any Event of Default and during the continuance of any such Event of Default, “Purchaser Rate” shall mean the Default Rate.
Purchaser Rate has the meaning set forth in APPENDIX B.
Purchaser Rate means, for any day from and after the Amortization Commencement Date, the rate of interest per annum equal to (i) for any day commencing on the Amortization Commencement Date to and including the ninetieth (90th) day next succeeding the Amortization Commencement Date, the Base Rate from time to time in effect, (ii) for any day commencing on the ninety-first (91st) day next succeeding the Amortization Commencement Date to and including the one hundred eightieth (180th) day next succeeding the Amortization Commencement Date, the sum of the Base Rate from time to time in effect plus one percent (1.00%), (iii) for any day commencing on the one hundred eighty-first (181st) day next succeeding the Amortization Commencement Date to but not including the fourth anniversary of the Amortization Commencement Date, the sum of the Base Rate from time to time in effect plus two percent (2.00%), and (iv) from and including the fourth anniversary of the Amortization Commencement Date and each day thereafter, the Default Rate; provided that (i) immediately and automatically upon the occurrence of any Event of Default and during the continuance of any such Event of Default, “Purchaser Rate” shall mean the Default Rate.