SIFMA Index Rate Period definition

SIFMA Index Rate Period means each period from and including a SIFMA Index Rate Conversion Date to but excluding the earliest of (a) the immediately succeeding Mandatory Purchase Date, (b) the immediately succeeding Conversion Date and (c) the Maturity Date.

SIFMA Index Rate Period means the period during which a Series 2020 D Bond in the SIFMA Index Rate Mode shall bear a SIFMA Index Rate, which shall be the period commencing on, and including, the Mode Change Date to the SIFMA Index Rate and ending on, and including the next Wednesday, and thereafter the period commencing on Thursday of each week to and including Wednesday of the following week, except the final SIFMA Index Rate Period shall be from and including the Thursday of the week prior to the next Mode Change Date or the Maturity Date to and including the day next preceding the next Mode Change Date or the Maturity Date.

SIFMA Index Rate Period means, when used with respect to the Series 2010D Bonds, any other period during which the Series 2010D Bonds bear interest at a SIFMA Index Rate.

Examples of SIFMA Index Rate Period in a sentence

• Interest on this Series 2014_ Bond shall be computed on the basis of a 365-day year (366 days in a leap year) for the actual days elapsed during any SIFMA Index Rate Period and a 360-day year for the actual days elapsed during any LIBOR Index Rate Period or Amortization Period.

• Interest on this Bond shall be computed on the basis of [a 360-day year of twelve 30-day months during any Medium Term Rate period] [a 365-day year (366-days in a leap year) for the actual days elapsed during any SIFMA Index Rate Period] [a 360-day year for the actual days elapsed during any SOFR Index Rate Period].

• As provided in the Indenture, during each SIFMA Index Rate Period, the Authority Notes shall, subject to the terms of the Indenture, bear interest at the SIFMA Index Rate.

• The Calculation Agent shall determine the SIFMA Index Rate on each Computation Date during the SIFMA Index Rate Period, and such rate shall become effective on the SIFMA Rate Reset Date next succeeding such Computation Date and interest at such rate shall accrue each day during such SIFMA Index Rate Period, commencing on and including the first day of such period to but excluding the last day of such period.

More Definitions of SIFMA Index Rate Period

SIFMA Index Rate Period means, with respect to Series B Notes bearing interest at the SIFMA Index Rate, the period from and including the date of issuance of such Series B Notes to but excluding the Maturity Date.

SIFMA Index Rate Period means, with respect to a Series of Bonds, an Index Rate Period during which such Bonds bear interest at the SIFMA Index Rate.

SIFMA Index Rate Period means (a) the Initial Period and (b) any subsequent period during which the 2014 Series Notes will bear interest at the SIFMA Index Rate.

SIFMA Index Rate Period means (a) the Initial Period with respect to the Series 2008C Bonds and (b) each period from and including a SIFMA Index Rate Conversion Date to but excluding the earliest of (i) the immediately succeeding Bank Purchase Date, (ii) the immediately succeeding Conversion Date and (iii) the stated maturity date of the applicable Bonds.

SIFMA Index Rate Period means each period from and including a SIFMA Index Rate Conversion Date to but excluding the earlier of (i) the immediately succeeding Index Interest Rate Mandatory Purchase Date and (ii) the Maturity Date.

SIFMA Index Rate Period means each period from and including a SIFMA Index Rate Conversion Date to but excluding the earliest of (i) the immediately succeeding Bank Purchase Date, (ii) the immediately succeeding Conversion Date and (iii) the Principal Payment Date. SIFMA Rate Reset Date

SIFMA Index Rate Period means, each period from and including the Conversion Date to but excluding the Maturity Date.