Semiannual Rate Period definition

Semiannual Rate Period means each period during a Semiannual Rate Mode from and commencing on the first day of a calendar month and to but not including the first day of the sixth succeeding calendar month, provided that the first Semiannual Rate Period in any Semiannual Rate Mode shall be the period commencing on the effective date of such Semiannual Rate Mode to but not including the first day of the sixth calendar month thereafter.
Sample 1Sample 2Sample 3
Semiannual Rate Period means each period during which the Bonds bear interest at a Semiannual Rate.
Sample 1Sample 2Sample 3
Semiannual Rate Period means any period during which the Bonds bear interest at a Semiannual Rate.
Sample 1Sample 2

Examples of Semiannual Rate Period in a sentence

  • During any Semiannual Rate Period the Bonds will bear interest at the Semiannual Rate.

  • During any Semiannual Rate Period, the Remarketing Agent will determine the Proposed Rate for the next Calculation Period on the Proposed Rate Determination Date.

  • The published CRV for a definitive $100 Series I savings bonds issued May, 2001 and redeemed December, 2001 =$101.96.Calculation:[(Book-entry par investment) ÷ (100)] × CRV value for $100 bond[(34.59 ÷ 100)] × 101.96[0.3459] × 101.9635.267964= $35.27Appendix B to Part 359—Composite Semiannual Rate Period Table1.

  • 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.

  • First, there is evidence that health disadvantage accumulates over a lifetime: poor health status as an adult is strongly related to poor childhood circumstances.

  • During any Semi-annual Rate Period, the Bonds shall be subject to redemption on each Interest Payment Date, as a whole or in part, at the principal amount thereof.

  • The issue is that while these assumptions might not be incorrect, decision-making in something as complex as retirement planning is difficult, and the scholarly debate indicate that people do not necessarily make decisions as the neoclassical viewpoint suggest.

  • OPTIONAL REDEMPTION During any Taxable, Flexible, Daily, Weekly, Monthly, Quarterly or Semiannual Rate Period this Bond is subject to optional redemption by the Issuer at the direction of the Company on any Interest Payment Date in whole or in part at a redemption price equal to 100% of the principal amount thereof plus accrued interest to the redemption date.

  • You may acquire a DUNS number at no cost by calling the dedicated toll-free DUNS number request line at 1–866–705–5711 or you may request a number online at http:// www.dnb.com.Application RequirementsA complete application consists of the following items:• Narrative Statement (must not exceed 30 pages) that addresses the six criteria described in Section V.

  • The interest rate for each Semiannual Rate Period shall be effective from and including the commencement date of such Semiannual Rate Period and shall remain in effect through and including the last day thereof.


More Definitions of Semiannual Rate Period

Semiannual Rate Period means, while the Series 1996 Bonds bear interest at the Semiannual Rate, the period commencing on the Semiannual Rate Conversion Date and from and including the first Business Day of each sixth calendar month thereafter to but excluding the first Business Day of the sixth calendar month thereafter.
Sample 1
Semiannual Rate Period means each period during which a Bond bears interest at a Semiannual Rate.
Sample 1
Semiannual Rate Period means, with respect to each Bond that bears interest at a Semiannual Rate, (a) the period from and including the effective date of any change to the Semiannual Rate Mode with respect to such Bond to and including the last day of the six calendar month period beginning on such effective date, and (b) each six calendar month period thereafter, so long as such Bond continues to bear interest at a Semiannual Rate.
Sample 1
Semiannual Rate Period means the period beginning on, and including, any June 1 or December 1 (or, if not a Business Day, the next succeeding Business Day) and ending on, and including, the next May 31 or November 30, as the case may be, except that in the event of Conversion to Semiannual Rate Bonds, the first “Semiannual Rate Period” means the period beginning on, and including, the Conversion Date and ending on, and including, the next succeeding May 31 or November 30.
Sample 1
Semiannual Rate Period means each period during which interest on a Series of Variable Rate Bonds is payable or is accrued at a Semiannual Rate.
Sample 1

Related to Semiannual Rate Period

  • Term Rate Period means any period of time during which a Group of 2024 Series A Variable Rate Bonds bears interest at the Term Rate.

  • 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).

  • ANNUAL RATE ADJUST: MONTHLY P&I : 1,887.88 OUTSIDE CONV DATE : LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/27 CURRENT INT RATE: 7.50000 PRODUCT CODE : 002 LTV : 68.35400 ---------------------------------------------------------------- 0 0031056096 MORTGAGORS: CLEVENGER RALPH CLEVENGER CATHERINE REGION CODE ADDRESS : 2751 KENSINGTON PLACE 01 CITY : CARSON CITY STATE/ZIP : NV 89703 MORTGAGE AMOUNT : 358,500.00 OPTION TO CONVERT : UNPAID BALANCE : 357,966.21 ANNUAL RATE ADJUST: MONTHLY P&I : 2,506.69 OUTSIDE CONV DATE : LIFETIME RATE : 7.50000 MATURITY DATE : 09/01/27 CURRENT INT RATE: 7.50000 PRODUCT CODE : 002 LTV : 76.27600 ---------------------------------------------------------------- - **** PAGE TOTALS ***** NUM OF LOANS: 5 LOAN AMT: 1,469,050.00 P & I AMT: 10,468.15 UPB AMT: 1,466,944.93 1 GE CAPITAL MORTGAGE SERVICES, INC. EXHIBIT C ISSUE DATE: 11/01/97 P.O. BOX 5260 TMS AG0004971130 00 01 PAGE: 231 CHERRY HILL, N.J. 08034 (800) 257-7818 0 ---------------------------------------------------------------- 0 0031056112 MORTGAGORS: CONNELLY MICHAEL CONNELLY TERRI REGION CODE ADDRESS : 5010 PASEO DE LAS TORTUGAS 01 CITY : TORRANCE STATE/ZIP : CA 90505 MORTGAGE AMOUNT : 293,300.00 OPTION TO CONVERT : UNPAID BALANCE : 292,905.07 ANNUAL RATE ADJUST: MONTHLY P&I : 2,152.14 OUTSIDE CONV DATE : LIFETIME RATE : 8.00000 MATURITY DATE : 09/01/27 CURRENT INT RATE: 8.00000 PRODUCT CODE : 002 LTV : 77.18400 ---------------------------------------------------------------- 0 0031056120 MORTGAGORS: FRENCH D. FRENCH CHARLENE REGION CODE ADDRESS : 3117 CALLE NOGUERA 01 CITY : SANTA BARBARA STATE/ZIP : CA 93105 MORTGAGE AMOUNT : 251,000.00 OPTION TO CONVERT : UNPAID BALANCE : 250,518.73 ANNUAL RATE ADJUST: MONTHLY P&I : 1,798.20 OUTSIDE CONV DATE : LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/27 CURRENT INT RATE: 7.75000 PRODUCT CODE : 002 LTV : 78.43700 ---------------------------------------------------------------- 0 0031056146 MORTGAGORS: KOCH DAVID KOCH CYNTHIA REGION CODE ADDRESS : 4818 DALEWOOD DRIVE 01 CITY : EL DORADO HILLS STATE/ZIP : CA 95762 MORTGAGE AMOUNT : 269,000.00 OPTION TO CONVERT : UNPAID BALANCE : 268,655.76 ANNUAL RATE ADJUST: MONTHLY P&I : 2,020.91 OUTSIDE CONV DATE : LIFETIME RATE : 8.25000 MATURITY DATE : 09/01/27 CURRENT INT RATE: 8.25000 PRODUCT CODE : 002 LTV : 94.99900 ---------------------------------------------------------------- 0 0031056161 MORTGAGORS: KILPATRICK ROBERT MANGAN MICHELE REGION CODE ADDRESS : 4647 MONTIEL TRUCK TRAIL 01 CITY : JAMUL STATE/ZIP : CA 91935 MORTGAGE AMOUNT : 249,200.00 OPTION TO CONVERT : UNPAID BALANCE : 248,832.31 ANNUAL RATE ADJUST: MONTHLY P&I : 1,785.30 OUTSIDE CONV DATE : LIFETIME RATE : 7.75000 MATURITY DATE : 09/01/27 CURRENT INT RATE: 7.75000 PRODUCT CODE : 002 LTV : 80.00000 ---------------------------------------------------------------- 0 0031056294 MORTGAGORS: CARTER KAREN

  • Quarterly Floating Rate Period means, for the initial Quarterly Floating Rate Period, the period commencing on September 20, 2018 and ending on and including December 19, 2018, 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.

  • Rate Period has the meaning set forth in the Statement.

  • Interest Rate Period means that period of time for which the interest rate with respect to the Bonds has been determined by the Remarketing Agent or otherwise as provided in the definition of the applicable Interest Rate Mode, commencing on the applicable Interest Rate Adjustment Date, and terminating on the day immediately preceding the following Interest Rate Adjustment Date, if any.

  • Weekly Rate Period means any period of time during which a Group of 2024 Series A Variable Rate Bonds bears interest at the Weekly Rate.

  • Fixed Rate Period has the meaning specified in Section 2.1.

  • Daily Rate Period means any period of time during which a Group of 2024 Series A Variable Rate Bonds bears interest at the Daily Rate.

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

  • Five-year U.S. Treasury Rate means, as of any Reset Dividend Determination Date, as applicable, (i) an interest rate (expressed as a decimal) determined to be the per annum rate equal to the arithmetic mean of the five most recent daily yields to maturity for U.S. Treasury securities with a maturity of five years from the next Reset Date and trading in the public securities markets or (ii) if there is no such published U.S. Treasury security with a maturity of five years from the next Reset Date and trading in the public securities markets, then the rate will be determined by interpolation between the arithmetic mean of the five most recent daily yields to maturity for each of the two series of U.S. Treasury securities trading in the public securities market, (A) one maturing as close as possible to, but earlier than, the Reset Date following the next succeeding Reset Dividend Determination Date, and (B) the other maturity as close as possible to, but later than, the Reset Date following the next succeeding Reset Dividend Determination Date, in each case as published in the most recent H.15. If the Five-year U.S. Treasury Rate cannot be determined pursuant to the methods described in clauses (i) or (ii) above, then the Five-year U.S. Treasury Rate will be the same interest rate determined for the prior Reset Dividend Determination Date.

  • Subsequent Rate Period means, with respect to any Series of RVMTP Shares, the period consisting of seven calendar days, but adjusted in each case to reflect any changes when the regular calendar day that is a Rate Determination Date is not a Business Day, from, and including, the first calendar day following the Initial Rate Period of such Series to, and including, the next Rate Determination Date for such Series and any period thereafter from, and including, the first calendar day following a Rate Determination Date for shares of such Series to, and including, the next succeeding Rate Determination Date for shares of such Series.

  • Term Rate means the per annum interest rate with respect to Bonds in the Term Rate Mode determined pursuant to Section 2.09.

  • Notice of Special Rate Period means any notice with respect to a Special Rate Period of shares of MuniPreferred pursuant to subparagraph (d)(i) of Section 4 of Part I of this Statement.

  • Semi-Annual Period means each of: the period beginning on and including January 1 and ending on and including June 30; and the period beginning on and including July 1 and ending on and including December 31.

  • Five-Year Treasury Rate means, as of any Reset Interest Determination Date, the average of the yields on actively traded U.S. Treasury securities adjusted to constant maturity, for five-year maturities, for the most recent five Business Days appearing under the caption “Treasury Constant Maturities” in the Most Recent H.15. If the Five-year Treasury Rate cannot be determined pursuant to the preceding sentence, the Calculation Agent, after consulting such sources as it deems comparable to any of the foregoing calculations, or any such source as it deems reasonable from which to estimate the Five-year Treasury Rate, will determine the Five-year Treasury Rate in its sole discretion, provided that if the Calculation Agent determines there is an industry-accepted successor Five-year Treasury Rate, then the Calculation Agent will use such successor rate. If the Calculation Agent has determined a substitute or successor base rate in accordance with the foregoing, the Calculation Agent in its sole discretion may determine the Business Day convention, the definition of Business Day and the Reset Interest Determination Date to be used and any other relevant methodology for calculating such substitute or successor base rate, including any adjustment factor needed to make such substitute or successor base rate comparable to the Five-year Treasury Rate, in a manner that is consistent with industry-accepted practices for such substitute or successor base rate.

  • Initial Fixed Rate Period means the period commencing on the Issue Date and ending on and including June 30, 2020.

  • Non-Payment Period Rate means, initially, 200% of the applicable Reference Rate (or 275% of such rate if the Corporation has provided notification to the Auction Agent prior to the Auction establishing the Applicable Rate for any dividend pursuant to paragraph 2(f) hereof that net capital gains or other taxable income will be included in such dividend on shares of AMPS), provided that the Board of Directors of the Corporation shall have the authority to adjust, modify, alter or change from time to time the initial Non-Payment Period Rate if the Board of Directors of the Corporation determines and Moody's and S&P (and any Substitute Rating Agency in lieu of Moody's or S&P in the event either of such parties shall not rate the AMPS) advise the Corporation in writing that such adjustment, modification, alteration or change will not adversely affect their then-current ratings on the AMPS.

  • Annual Rate of Pay means, as of any date, an employee’s annualized base pay rate. An employee’s Annual Rate of Pay shall not include sales commissions or other similar payments or awards.

  • Reset Period means the First Reset Period or a Subsequent Reset Period, as the case may be;

  • Interest Reset Period The period beginning on the applicable Reset Date and ending on the calendar day preceding the next Reset Date.

  • Subsequent Fixed Rate Period means for the initial Subsequent Fixed Rate Period, the period commencing on April 1, 2022 and ending on and including March 31, 2027 and for each succeeding Subsequent Fixed Rate Period, the period commencing on the day immediately following the end of the immediately preceding Subsequent Fixed Rate Period and ending on and including March 31 in the fifth year thereafter.

  • Pricing Rate Period means, with respect to any Transaction and any Remittance Date (a) in the case of the first Pricing Rate Period, the period commencing on and including the Purchase Date for such Transaction and ending on and excluding the following Remittance Date, and (b) in the case of any subsequent Pricing Rate Period, the period commencing on and including the immediately preceding Remittance Date and ending on and excluding such Remittance Date; provided, however, that in no event shall any Pricing Rate Period for a Purchased Asset end subsequent to the Repurchase Date for such Purchased Asset.

  • Fixed Rate Period Remaining Life means, with respect to any Debenture, the period from the Special Redemption Date for such Debenture to the Interest Payment Date in December 2010.

  • Treasury Rate means, with respect to any redemption date, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date.

  • Weekly Rate means an interest rate on the Bonds set under Section 2.02(a)(2).