Term Rate Conversion Date definition

Term Rate Conversion Date means the day the Bonds are converted to bear interest at a Term Rate pursuant to Section 3.02(g) or (h) of this Order, including a conversion from a Term Rate Period to a new Term Rate Period (of the same or a different duration as the then-expiring Term Rate Period) pursuant to the provisions of this Order.

Term Rate Conversion Date means: (i) the Conversion Date on which the interest rate on any Bonds shall be converted to a Term Rate; or (ii) the date on which a new Term Rate Period and Term Rate are to be established.

Term Rate Conversion Date means: (i) the Conversion Date on which the interest rate on any Certificates shall be converted to a Term Rate; and (ii) the date on which a new Term Rate Period and Term Rate are to be established (or, with respect to notices, time periods and requirements in connection with the proceedings for each such Conversion, the day on which it is proposed that such Conversion occur).

Examples of Term Rate Conversion Date in a sentence

• The terms of any sale by the Remarketing Agent shall provide for the payment of the Purchase Price of tendered Subseries 2019C-2 Bonds to the Remarketing Agent in immediately available funds at or before 9:30 a.m., New York City time, on the Term Rate Conversion Date.

• Very truly yours, J.X. XXXXXX TRUST COMPANY, NATIONAL ASSOCIATION, as Trustee By: Name: Title: Annex H (Notice of Term Rate Conversion Date) Bank of America, N.A. Trade Operation Center Mail Code CA9-705-07-05 1000 Xxxx Xxxxxx Xxxxxx Xxx Xxxxxxx, Xxxxxxxxxx 00000-0000 Attention: Standby Letter of Credit Dept.

• DRAFTConversion Date shall mean, as applicable: (i) with respect to the Fixed Rate Period, the Fixed Rate Conversion Date, and (ii) with respect to the Term Rate Period, the Term Rate Conversion Date.

• No later than 1:00 p.m., New York City time, on a Business Day which is at least fifteen (15) days prior to the Term Rate Conversion Date, the Tender Agent shall notify an Authorized Representative and the Remarketing Agent by telephone, facsimile, electronic mail transmission, or other similar communication, of the principal amount of Subseries 2019C-2 Bonds to be tendered for purchase on the Term Rate Conversion Date.

• Notwithstanding any provisions of this Resolution to the contrary, the Subseries 2019C-2 Bonds issued hereunder shall be subject to mandatory tender on the Term Rate Conversion Date immediately following the end of the Initial Rate Period, without right of retention by the Owner, at the Purchase Price.

More Definitions of Term Rate Conversion Date

Term Rate Conversion Date means each day on which the Bonds accrue interest at a Term Rate pursuant to Section 3.2 hereof which is immediately preceded by a day on which the Bonds did not accrue interest at a Term Rate or accrued interest at a Term Rate for a Term Rate Period of a different duration.

Term Rate Conversion Date means the day all or a part of the Bonds begin to bear interest at a Term Rate pursuant to Section 3.01 or Section 3.02(f) of this Order.

Term Rate Conversion Date means, with respect to any Subseries, the Interest Payment Date on which such Subseries begins to bear interest at a new Term Rate in accordance with the terms hereof.

Term Rate Conversion Date means the day the Subseries 2019C-2 Bonds first bear interest at a Term Rate pursuant to Section 3.02(b) and thereafter an Interest Payment Date on which interest is payable for the Term Rate Period from which the conversion is to be made.

Term Rate Conversion Date means the Conversion Date on which any Bonds are converted to bear interest at a Term 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 Term Rate or bore interest at a Term Rate for a Term Rate Period of different duration.

Term Rate Conversion Date means, with respect to a Series of Bonds, each date on which such Bonds begin to bear interest at a Term Rate pursuant to the provisions of Section 2.7, including each date on which a new Term Rate Period is established for such Bonds and the Final Fixed Rate Conversion Date with respect to such Bonds.

Term Rate Conversion Date means the effective date of a Term Rate established in accordance with the terms of Section 2.03(b)(ii).