Examples of Quarterly Mode Period in a sentence
When a Daily Mode Period, Weekly Mode Period, Monthly Mode Period or a Quarterly Mode Period is in effect, interest will be calculated on the basis of a 365/366 day year for the actual number of days elapsed.
The Bonds are in registered form without coupons and, prior to a Conversion Date, shall be issued in denominations of: (i) during a Daily Mode Period, a Weekly Mode Period, a Monthly Mode Period or a Quarterly Mode Period, $100,000 or integral multiples of $5,000 in excess of $100,000, (ii) during a SAVRS Mode Period, $25,000 or integral multiples of $5,000 in excess of $25,000, and (iii) during a Semiannual Mode Period or a Term Mode Period, $5,000 or any integral multiple thereof.