Subsequent Spread Period definition

Subsequent Spread Period means, with respect to any Series, the Subsequent Spread Period for such Series set forth in the Appendix for such Series.
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Subsequent Spread Period means one or more periods of at least six months and not more than nine years (or any integral multiple of six months therein), designated by the Company, commencing on a January 9 or July 9 (or as otherwise specified by the Company and the Remarketing Underwriter on the applicable Duration/Mode Determination Date in connection with the establishment of each Subsequent Spread Period) through and including July 9, 2007.
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Subsequent Spread Period means any Spread Period either (i) after the Initial Spread Period, if the Remarketing Right has not been exercised or (ii) after the Second Remarketing Date, if the Remarketing Right is exercised.
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Examples of Subsequent Spread Period in a sentence

  • Unless notice of redemption of the Notes as a whole has been given, the duration, redemption dates, redemption type, redemption prices (if applicable), Commencement Date, Interest Payment Dates and interest rate mode (and any other relevant terms) for each Subsequent Spread Period shall be established by 3:00 p.m., New York City time, on the tenth Business Day prior to the Commencement Date of each Subsequent Spread Period (each a "Duration/Interest Mode Determination Date").

  • Thereafter, each Quarterly Period during the Initial Spread Period or any Subsequent Spread Period will be from and including the most recent Interest Payment Date to which interest has been paid to but excluding the next Interest Payment Date.

  • In the event that the Company and the Reset Remarketing Agent do not agree on the Spread for any Subsequent Spread Period, then the Company shall be required unconditionally to repurchase and retire all of the Notes on the Reset Tender Date at a price equal to 100% of the principal amount thereof, together with accrued interest to the Reset Tender Date.

  • In addition, the Spread for each Subsequent Spread Period shall be established by 1:00 p.m., New York City time, on the fifth Business Day prior to the Commencement Date of such Subsequent Spread Period (each, a "Spread Determination Date").

  • The Spread that shall be applicable during each Subsequent Spread Period for Notes in Reset Mode shall be the percentage (a) recommended by the Reset Remarketing Agent so as to result in a rate that, in the opinion of the Reset Remarketing Agent, will enable tendered Notes to be remarketed by the Reset Remarketing Agent at 100% of the principal amount thereof, and (b) agreed to by the Company.

  • With respect to any Subsequent Spread Period, the Company may in its absolute discretion remove the Reset Remarketing Agent by giving notice to the Reset Remarketing Agent prior to 3:00 p.m., New York City time, on the Duration/Mode Determination Date applicable thereto, such removal to be effective upon the Company's appointment of a successor Reset Remarketing Agent.

  • The interest rate mode during such Subsequent Spread Period shall be either the Floating Rate Interest Mode or the Fixed Rate Interest Mode, as determined by the Company and the Reset Remarketing Agent.

  • The Spread for each Subsequent Spread Period will be established by 3:00 p.m., New York City time, on the Subsequent Spread Determination Date immediately preceding such Subsequent Spread Period.

  • If the Notes are to be reset to the Fixed Rate Mode, as agreed to by the Company and the Remarketing Agent on a Duration/Mode Determination Date, then the applicable Fixed Rate for the corresponding Subsequent Spread Period will be determined by 4:00 p.m., New York City time, on the third Business Day prior to the Remarketing Reset Date for the Subsequent Spread Period (the "Fixed Rate Determination Date").

  • A faculty member may examine the evaluation file, upon reasonable advance notice, during the regular business hours of the office in which the file is kept, normally within the same business day as the faculty member requests to see it, and under such conditions as are necessary to insure its integrity and safekeeping.


More Definitions of Subsequent Spread Period

Subsequent Spread Period means a period of at least approximately six months and not extending beyond the Maturity Date, designated by the Company; provided that the first Subsequent Spread Period may be a period of approximately three months or the sum of three months plus any integral multiple of six months ending on or before the maturity date. Each Subsequent Spread Period shall commence on January 1 or July 1 (or as otherwise specified by the Company and the Remarketing Agent on the applicable Duration/Mode Determination Date in connection with the establishment of each Subsequent Spread Period), as applicable, and shall end on the calendar day immediately preceding the next Subsequent Spread Period or January 1, 2008.
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Subsequent Spread Period. Determined by agreement between Camden and the Remarketing Underwriter on the applicable Duration/ Mode Determination Date. Each Subsequent Spread Period will last for either one year, two years, three years or four years (or any six-month interval thereof) but cannot exceed the maturity date of the Notes.
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Subsequent Spread Period. Redemption Provisions:
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Subsequent Spread Period. Redemption Provisions: Beneficial Owner Tender As set forth in the attached Provisions: Prospectus Supplement dated November 6, 1997. In the event that the Remarketing Underwriter fails to purchase all Notes validly tendered for purchase on the Tender Date, then the Remarketing Underwriter shall promptly notify the Company and the Trustee of such failure. Shorter Subsequent Spread In the event that (A) the Period: Remarketing Underwriter fails to purchase all Notes validly tendered for purchase on the Tender Date for any reason, and (B) the Company has not given notice of redemption of all of the Notes then outstanding in accordance with the provisions described in the attached form of the Notes, then the Subsequent Spread Period shall be a period of one year, which Subsequent Spread Period shall be deemed to have commenced upon the Commencement Date that coincides with the Tender Date. Legal Opinion: If required to be delivered pursuant to this Remarketing Underwriting Agreement, the opinion to be delivered pursuant to Section 5(f) of the attached Underwriting Agreement shall be modified to read as follows: "the Notes have been duly authorized; a single global Note registered in the name of CEDE & Co., a nominee of The Depository Trust Company ("DTC"), has been duly authenticated in accordance with the provisions of the Indenture, paid for and delivered to DTC, and constitutes a valid and binding obligation of the Company; and the Underwriter will acquire the rights of a bona fide purchaser (as such terms are defined in the Uniform Commercial Code as in effect in the State of New York (the "UCC")) in any portion of the Notes transferred to the Underwriter by a prior owner thereof as recorded on the books of DTC, provided that (i) the portion of the Notes transferred is an authorized denomination of the Notes, (ii) the transfer is recorded on the books of DTC by a debit to the transferor's account with DTC and a credit to the Underwriter's account with DTC, (iii) the Underwriter makes payment to such transferor of value for such transfer and (iv) the Underwriter purchases such interest in good faith and without notice of any adverse claim, within the meaning of the UCC. If required to be delivered pursuant to this Remarketing Underwriting Agreement, the opinion to be delivered pursuant to Section 5(g) of the attached Underwriting Agreement may be delivered by any counsel designated by the Remarketing Underwriter and reasonably acceptable to the Company. Fo...
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Subsequent Spread Period. In the event that (A) the Reset Remarketing Agent fails to purchase all Senior Notes validly tendered for purchase on the Reset Tender Date for any reason, and (B) the Company has not given notice of redemption of all of the Senior Notes then outstanding in accordance with the provisions described in the attached form of the Senior Notes, then the Subsequent Spread Period shall be a period of one year, which Subsequent Spread Period shall be deemed to have commenced upon the Commencement Date that coincides with the Reset Tender Date.
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Related to Subsequent Spread Period

  • Draw Down Pricing Period means, with respect to each Draw Down, a period of eight (8) consecutive Trading Days beginning on the first Trading Day specified in a Draw Down Notice.

  • Quarterly Excess Spread Percentage means, for each Determination Date, the percentage equivalent of a fraction the numerator of which is the sum of the Excess Spread Percentages with respect to the immediately preceding three Monthly Periods and the denominator of which is three.

  • Excess Spread Percentage for any Distribution Date means a fraction, the numerator of which is the Excess Spread Amount for such Distribution Date multiplied by 12 and the denominator of which is the sum of the Nominal Liquidation Amounts of all Tranches of DiscoverSeries Notes as of the first day of the related Due Period.

  • Pricing Period means the five (5) consecutive Trading Days after the Advance Notice Date.

  • Early Amortization Period means the period commencing on the date on which a Trust Early Amortization Event or a Series 2023-A Early Amortization Event is deemed to occur and ending on the Series Termination Date.

  • 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 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.

  • Post-Transaction Period means, with respect to any Specified Transaction, the period beginning on the date such Specified Transaction is consummated and ending on the last day of the eighth full consecutive fiscal quarter immediately following the date on which such Specified Transaction is consummated.

  • Waiting Period shall have the meaning set forth in Section 2.2.

  • Remaining Amortization Period means, at any point in time, the number of consecutive calendar months equal to the number of months in the Amortization Period minus the number of scheduled monthly installments of principal and interest that have elapsed since the date of this Note.

  • Minimum Weighted Average Spread Test means a test that will be satisfied on any date of determination if the Weighted Average Spread of all Eligible Collateral Obligations included in the Collateral on such date is equal to or greater than 5.00%.

  • Post-Closing Period means any taxable period (or portion thereof) beginning after the Closing Date.

  • Subsequent Transfer Date With respect to each Subsequent Transfer Instrument, the date on which the related Subsequent Mortgage Loans are sold to the Trust Fund.

  • Total Monthly Excess Spread As to any Distribution Date, an amount equal to the excess if any, of (i) the interest on the Mortgage Loans received by the Servicer on or prior to the related Determination Date or advanced by the Servicer for the related Remittance Date (net of Expense Fees) over (ii) the sum of the amounts payable to the Certificates pursuant to Section 4.02(a)(i) on such Distribution Date.

  • Selling Period means the period of one to twenty consecutive Trading Days (as determined by the Company in the Company’s sole discretion and specified in the applicable Issuance Notice) following the Trading Day on which an Issuance Notice is delivered or deemed to be delivered pursuant to Section 2.03(b) hereof.

  • Prepayment Period With respect to any Distribution Date, the calendar month preceding the calendar month in which such Distribution Date occurs.

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • Remaining Excess Spread With respect to any Distribution Date, the Excess Spread less any Extra Principal Distribution Amount, in each case for such Distribution Date.

  • Period End Date The 15th day of each calendar month, with Adjustment. Fixed Rate: [ ]%. Fixed Rate Day Count Fraction: 30/360. Floating Amounts: Floating Rate Payer: [ ]. Floating Rate Payer Payment Dates: The 15th day of each calendar month commencing on [ ], subject to adjustment in accordance with the Following Business Day Convention.

  • Subsequent Interest Period has the meaning specified in Section 307.

  • Prior Month Receipt Period With respect to each Distribution Date, the calendar month preceding the month in which such Distribution Date occurs.

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

  • LIBOR Total Spread means, for each Interest Period: (A) three-fourths of one percent (3/4 of 1%); (B) minus (or plus) the weighted average margin, for such Interest Period, below (or above) the London interbank offered rates, or other reference rates, for six-month deposits, in respect of the Bank’s outstanding borrowings or portions thereof allocated by the Bank to fund single currency loans or portions thereof made by it that include the Loan; as reasonably determined by the Bank and expressed as a percentage per annum.

  • Non-Payment Period means, with respect to each series of AMPS, any period commencing on and including the day on which the Corporation shall fail to (i) declare, prior to the close of business on the second Business Day preceding any Dividend Payment Date, for payment on or (to the extent permitted by paragraph 2(c)(i) of these Articles Supplementary) within three Business Days after such Dividend Payment Date to the Holders as of 12:00 noon, New York City time, on the Business Day preceding such Dividend Payment Date, the full amount of any dividend on shares of AMPS payable on such Dividend Payment Date or (ii) deposit, irrevocably in trust, in same-day funds, with the Auction Agent by 12:00 noon, New York City time, (A) on such Dividend Payment Date the full amount of any cash dividend on such shares payable (if declared) on such Dividend Payment Date or (B) on any redemption date for any shares of AMPS called for redemption, the Mandatory Redemption Price per share of such AMPS or, in the case of an optional redemption, the Optional Redemption Price per share, and ending on and including the Business Day on which, by 12:00 noon, New York City time, all unpaid cash dividends and unpaid redemption prices shall have been so deposited or shall have

  • Available Amount Reference Period means, with respect to any Reference Date, the period (taken as one accounting period) commencing on April 1, 2008 and ending on the last day of the most recent fiscal quarter or fiscal year, as applicable, for which financial statements required to be delivered pursuant to Section 6.01(a) or Section 6.01(b), and the related Compliance Certificate required to be delivered pursuant to Section 6.02(a), have been delivered to the Administrative Agent.

  • Earn-Out Period has the meaning set forth in Section 2.3(a).