Quarterly Rate definition

Quarterly Rate means the rate of interest to be borne by any of the 202_ Series - Bonds as described in Section C202 hereof.

Quarterly Rate means the per annum interest rate to be determined for the Bonds on a quarterly basis pursuant to Section 3.02(d).

Quarterly Rate means the variable interest rate on the bonds of Series LL established in accordance with Section 8(c) of this Article I.

Examples of Quarterly Rate in a sentence

• Each determination and redetermination of the Quarterly Rate shall be conclusive and binding on the Issuer, the Trustee, the Paying Agent, the Company, the Bank and the Bondowners.

• The Paying Agent shall give written notice of the Quarterly Rate to the Trustee and the Company.

• Interest so credited shall similarly bear interest from (but excluding) the date so credited through (and including) the Determination Date, at a rate per calendar quarter equal to the Applicable Quarterly Rate in effect from time to time, compounded monthly and credited as of the last day of each calendar month during the applicable Deferred Compensation Period and the last day of the calendar month in which such period ends (or, if applicable, the Determination Date).

• While this Bond accrues interest at a Quarterly Rate, interest is payable on each February 1, May 1, August 1 and November 1.

• The Refunding Bonds shall be dated as of October 1, 1995, shall mature on November 1, 2015, and shall bear interest at the Flexible Rate, the Daily Rate, the Weekly Rate, the Monthly Rate, the Quarterly Rate, the Semiannual Rate, the Multiannual Rate or the Fixed Rate (all as defined and more fully described in the Indenture).

More Definitions of Quarterly Rate

Quarterly Rate means the interest rate that may be determined for Adjustable Rate Bonds on a quarterly basis pursuant to the applicable provisions of the Sixteenth Supplemental Indenture.

Quarterly Rate means the rate of interest that is set on the Bonds while they are in the Quarterly Mode.

Quarterly Rate means the Applicable Percentage multiplied by a fraction, the numerator of which is the number of days in such calendar quarter and the denominator of which is three hundred sixty-five (365) and "Applicable Percentage" shall mean, with respect to any calendar quarter, one-half of one percent (0.5%) multiplied by the number of consecutive calendar quarters, including the calendar quarter for which such calculation is being made, with respect to which any special liquidated damages are or were payable to the Initial Purchaser pursuant to Section 6(c)(i); provided, however, that the Applicable Percentage shall not exceed two percent (2.0%).

Quarterly Rate means the Interest Rate determined in accordance with the Bond Resolution. See the captions, “DESCRIPTION OF THE SERIES 2000A-4 BONDS — Interest on the Series 2000A-4 Bonds” and “ — Determination of Interest Rates” in the main body of this Official Statement.

Quarterly Rate means the Interest Rate to be determined for Bonds on a quarterly basis pursuant to Section 3.2(e) hereof.

Quarterly Rate means the interest rate determined for the Series 1996 Bonds for any Quarterly Rate Period pursuant to Section 2.06(f).

Quarterly Rate means the interest rate the Bonds shall be determined for the Bonds on a quarterly basis pursuant to Section 3.02(d).