Semiannual Rate definition

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

Semiannual Rate means the non-variable interest rate on the bonds of Series LL established in accordance with Section 8(d) of this Article I.

Semiannual Rate means the per annum interest rate to be determined for the Bonds on a semiannual basis during a Semiannual Rate Period pursuant to Section 3.02(e).

Examples of Semiannual Rate in a sentence

• Bonds bearing interest at a Monthly Rate, Quarterly Rate or Semiannual Rate may be tendered for purchase on any Interest Payment Date for such Bonds at the Purchase Price, payable in immediately available funds, upon delivery of a written notice of tender to the Tender Agent not later than 3:00 p.m., New York City time, on a Business Day that is not less than seven (7) Business Days prior to the purchase date stated in such notice.

• Interest on Bonds bearing interest at the Initial Rate or at a Semiannual Rate, Term Rate or Fixed Rate shall be calculated on the basis of a 360- day year composed of 12 months of 30 days each.

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• The Member may finance up to 75% of the CIAC for 2 years of monthly payments with an interest rate equal to three percent (3%) plus the 2-year Treasury Yield Curve Semiannual Rate, as published by the Rural Utilities Service of the United States Department of Agriculture on their Rural Utilities Loan Interest Rates website.

• The Bonds accruing interest at a Flexible, Daily, Weekly, Monthly, Quarterly, or Semiannual Rate will be subject to mandatory tender for purchase on the date of substitution of an Alternate Liquidity Agreement for the then existing Liquidity Agreement.

More Definitions of Semiannual Rate

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

Semiannual Rate means the interest rate on the Bonds established in accordance with Section 202(d)(3).

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

Semiannual Rate means the rate of interest that is set on any Bonds while they are in the Semiannual Mode pursuant to Section 2.01(F) of Exhibit "D" to this Second Supplement.

Semiannual Rate means the non-variable interest rate on the bonds of Series QQ established in accordance with Section 8(d) of this Article I.

Semiannual Rate means the non-variable interest rate on the bonds of Series RR established in accordance with Section 8(d) of this Article I.

Semiannual Rate means the interest rate borne by the Bonds when and if determined in accordance with Section 204(A)(4) hereof.