Term Rate Mode definition

Term Rate Mode means the mode during which Bonds of a Series (or portion thereof) bear interest at a Term Rate.

Term Rate Mode means the Interest Rate Mode at any time the Bonds bear interest at the Term Rate.

Term Rate Mode means the Mode during which all or any part of the 2024 Series B-2 Bonds bear interest at the Term Rate.

Examples of Term Rate Mode in a sentence

The Authority shall appoint and employ the services of a Tender Agent prior to any Purchase Date or Mode Change Date while the Bonds of any Series are in the Daily Rate, Weekly Rate, the Term Rate Mode, the Index Rate Mode or the Commercial Paper Mode.
The Authority shall appoint and employ the services of a Remarketing Agent prior to any Purchase Date or Mode Change Date while the Bonds of any Series are in the Commercial Paper Mode, Daily Rate Mode, Weekly Rate Mode, Index Mode or Term Rate Mode.
Section 7.3. Optional Tender at End of Interest Period for Term Rate Mode.
The Borrower may substitute a Credit Facility for any Credit Facility then in effect; provided that no such substitution may be made with respect to the Bonds during any Commercial Paper Mode, Fixed Rate Mode, Indexed Mode or Term Rate Mode then applicable with respect to the Bonds.
No Interest Period in the Term Rate Mode may extend beyond the Maturity Date.

Term Rate Mode means the Mode in which the interest rate on the Bonds is set at the Term Rate.

Term Rate Mode has the meaning stated in Section 1.01 of the Bond Indenture.

Term Rate Mode means the Interest Rate Mode in which a Bond bears interest at the Term Rate.

Term Rate Mode means the Mode during which a Series of Variable Rate Bonds bears interest at the Term Rate.

Term Rate Mode means the mode during which 2005A Bonds bear interest at a Term Rate.

Term Rate Mode means the mode during which Bonds of a Series (or portion thereof) bear interest at a Term Rate in accordance with the applicable Certificate of Determination.

Term Rate Mode means the Adjustable Rate Mode in which the duration of each Adjustment Period is determined in accordance with clause (e) of the definition of Adjustment Period.