Semiannual Rate Conversion Date definition

Semiannual Rate Conversion Date means the day on which the Bonds are converted to bear interest at a Semiannual Rate pursuant to Section 3.02(g) or (h).
Sample 1Sample 2Sample 3
Semiannual Rate Conversion Date means the Conversion Date on which any Bonds are converted to bear interest at a Semiannual Rate pursuant to Section 3.2(h) or (i) hereof, which is immediately preceded by a day on which said Bonds did not bear interest at a Semiannual Rate.
Sample 1
Semiannual Rate Conversion Date means the day on which interest on a Series of Variable Rate Bonds begins to accrue at a Semiannual Rate following conversion from a different Variable Rate pursuant to the Indenture.
Sample 1

Examples of Semiannual Rate Conversion Date in a sentence

  • Periods shall (A) commence on a Semiannual Rate Conversion Date and on the first day of each sixth (6th) calendar month thereafter; and (B) end on the day preceding either the commencement date of the following Semiannual Rate Period or the Conversion Date on which a different type of Rate Period shall become effective.


More Definitions of Semiannual Rate Conversion Date

Semiannual Rate Conversion Date means the day which is the first day of a calendar month and the day on which the all or part of the Bonds begin to bear interest at a Semiannual Rate pursuant to Section 3.02(i) or (j).
Sample 1

Related to Semiannual Rate Conversion Date

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Conversion Date shall have the meaning set forth in Section 4(a).

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 85% of the lesser of (i) the average of the VWAPs for the 10 consecutive Trading Days ending on the Trading Day that is immediately prior to the applicable Interest Payment Date or (ii) the average of the VWAPs for the 10 consecutive Trading Days ending on the Trading Day that is immediately prior to the date the applicable Interest Conversion Shares are issued and delivered if after the Interest Payment Date.

  • Quarterly Floating Rate Period means, for the initial Quarterly Floating Rate Period, the period commencing on March 20, 2020 and ending on and including June 19, 2020, and thereafter the period from and including the day immediately following the end of the immediately preceding Quarterly Floating Rate Period to but excluding the next succeeding Quarterly Commencement Date.

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Interest Rate Change Date The date on which the Mortgage Interest Rate is subject to change as provided in the related Mortgage Note.

  • Default Conversion Price shall have the meaning set forth in Section 4(b).

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • Applicable Conversion Rate means the Conversion Rate in effect at any given time.

  • Floating Rate Period shall have the meaning set forth in Section 2.05(b) hereof.

  • Initial Rate Period means, with respect to the VMTP Shares of any Series, the period commencing on and including the Date of Original Issue thereof and ending on, and including, the next succeeding calendar day that is a Wednesday (or if such Wednesday is not a Business Day, the next succeeding Business Day).

  • Weekly Rate Period means any period of time during which a Group of 2021 Series J Variable Rate Bonds bears interest at the Weekly Rate.

  • Fixed Rate Period shall have the meaning in the form of Security set forth in Section 2.1.