Subsequent Floating Rate Period definition

Subsequent Floating Rate Period means with respect to a series of the Class C LP Units, any five-year floating rate period beginning immediately following the completion of the Initial Fixed Rate Period for each series and each five-year floating rate period thereafter.
Sample 1Sample 2Sample 3
Subsequent Floating Rate Period means the period that any Floating Rate Bonds bear a Subsequent Floating Rate, with no changes in the Index-Based Interest Rate, Leverage, orSpread, beginning on the first day of such Subsequent Floating Rate Period and ending on the Subsequent Purchase Date as specified in Section 2.05.
Sample 1

Examples of Subsequent Floating Rate Period in a sentence

  • In the event that DelVal shall elect to extend all or any portion of the Floating Rate Bonds to a Subsequent Floating Rate Period, as provided in Section 2.05(D), then the written direction furnished by DelVal as required by such section shall be made by first-class mail or registered or certified mail, or by telecopy, confirmed by first-class mail or registered or certified mail.

  • The Trustee shall give notice by first-class mail of an Extension to a Subsequent Floating Rate Period for all or any portion of the applicable Series of Floating Rate Bonds to the Holders of such Floating Rate Bonds not less than thirty (30) days prior to the proposed effective date of such Subsequent Floating Rate Period.

  • If DelVal rescinds its election to make such Extension, then the applicable Floating Rate Bonds shall not be extended to a Subsequent Floating Rate Period and such Series for which notice was given shall continue to bear interest at the Floating Rate in effect immediately prior to such proposed Extension.

  • For its part, the intervention of the State was carried out by the Director of International Legal Defense of the National Agency for Legal Defense of the State, who asked for the forgiveness of the victims and their families for what happened, and recognized the responsibility of the State in the terms established in the Friendly Settlement Agreement signed between the parties, indicating the following: 12 Vienna Convention on the Law of Treaties, U.N. Doc.

  • Notwithstanding anything in this Article II, in connection with any Extension to a Subsequent Floating Rate Period for all or any portion of the Floating Rate Bonds, DelVal shall have the right to deliver to the Trustee, the Remarketing Agent (if any), the Tender Agent (if any), on or prior to 10:00 A.M., New York City time, on the second Business Day preceding any Extension Date, a notice to the effect that DelVal elects to rescind its election to make such Extension.

  • If in addition, M is Hopf, then M satisfies λλ3 + c = λ2 /= 0 (see [26, Corollary 2.3]).

  • On or after certain dates prior to the Purchase Date, DelVal may exercise an option (the “Option”) and on an Option Date to remarket all or a portion of such Floating Rate Bonds or to Extend on an Extension Date to (i) a new Subsequent Floating Rate and Subsequent Floating Rate Period ending on a Subsequent Purchase Date which shall not be later than the Maturity Date or (ii) optionally redeem (each an “Optional Redemption Date”) all or a portion of such Floating Rate Bonds.

Related to Subsequent Floating Rate Period

  • 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.

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

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

  • Subsequent Reset Rate of Interest means, in respect of any Subsequent Reset Period and subject to Condition 4(b)(ii), the rate of interest determined by the Calculation Agent on the relevant Reset Determination Date as the sum of the relevant Mid-Swap Rate and the relevant Subsequent Margin.

  • Interest Rate Period means any Daily Interest Rate Period, Weekly Interest Rate Period, Short-Term Interest Rate Period, Long- Term Interest Rate Period or ARS Interest Rate Period.

  • Subsequent Reset Period means the period from (and including) the Second Reset Date to (but excluding) the next Subsequent Reset Date, and each successive period from (and including) a Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date; and

  • Subsequent Reset Date means the date or dates specified in the applicable Final Terms;

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.