Variable Period definition

Variable Period means each period during which the Bonds bear interest at a Variable Rate.
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Variable Period means each period during which the Bonds bear interest at a Variable Rate. “Variable Rate” means the variable rate of interest borne by the Bonds as determined in
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Variable Period means each period during which the Bonds bear interest at a Variable
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Examples of Variable Period in a sentence

  • XXXX shall have no obligation to purchase finished goods, work in process or raw materials that are outside the Frozen Period or Variable Period referenced in Sections 4.2.1 or 4.2.2 above.

  • If this contract is issued as a Variable Period Certain Annuity, the Beneficiary may elect to receive the withdrawal value of any remaining Guaranteed Payments at any time.

  • If all of the Bonds shall have been called for redemption during any Variable Period, the Bonds may continue to be remarketed until the redemption date, provided the purchasers of such Bonds are given notice of the call for redemption prior to purchase of any Bonds.

  • For Mode = Phase angle, this is a phase angle demand.Min On Time For Variable Period Modulation, this sets the minimum on time in supply voltage peri- ods.

  • During the Variable Period, additional interest will accrue for each day that such payment is delayed as a result thereof, and interest shall be decreased for each day that such payment is accelerated as a result of the next succeeding Business Day falling in the next calendar year (provided, however, the next succeeding Interest Period shall commence upon the Interest Payment Date).

  • If the Borrower elects to have the Bonds bear interest at a Variable Rate or fails to make such election, the Borrower shall be deemed to have elected to have the Bonds bear interest at a Variable Rate determined in accordance with the procedures set forth in subsection (b) of this Section commencing on the day immediately following the last day of the Reset Period, in which event there shall be no mandatory sinking fund redemption schedule for the Bonds during the succeeding Variable Period.

  • Model variablesCoefficientsNote: Dependent Variable: Period morbidity index.

  • Calculation of Phases in the Case of a Variable Period In the simplest case of a constant period P, each moment of time t corresponds to an integer cycle number j and phase , which can be calculated using the formula E=j+=(t-T0)/P, where T0 is the initial epoch and P is the period (e.g. [19]), i.e., t=T0+PE.

  • Variable Period represents different time periods of construction process of M2 line – BEFORE the start of the construction, BETWEEN the start and the completion and AFTER the completion of the construction.

  • The amount of interest payable for each Interest Period during the Fixed Period shall be computed on the basis of a 360-day year and twelve 30-day months, and, during the Variable Period, on the basis of a 360-day year and the actual number of days elapsed in the relevant Interest Period.


More Definitions of Variable Period

Variable Period means the period that follows the fixed period in accordance with clause 10.1, and during which the variable rate shall apply; we/us/our: if the contract is for the supply of electricity, Opus Energy Limited; or, if the contract is for the supply of gas, Opus Gas Supply Limited; and you/your: the person, people, company or partnership which has entered into the contract with us.
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Variable Period has the meaning specified in Section 2.1.
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Variable Period means the period from the Closing Date to but excluding the Variable Termination Date.
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Related to Variable Period

  • Variable Rate Transaction shall have the meaning ascribed to such term in Section 4.12(b).

  • Remarketing Period means the three Business Day period either (i) beginning on the Remarketing Date and ending after the two immediately following Business Days; (ii) immediately preceding October 1, 2004; or (iii) immediately preceding November 16, 2004.

  • Fixed Rate Period has the meaning specified in Section 2.1.

  • Initial Fixed Rate Period means the period commencing on the Issue Date and ending on and including June 30, 2020.

  • Weekly Rate Period means any period of time during which a Group of 2024 Series A Variable Rate Bonds bears interest at the Weekly Rate.

  • Issuance Period shall have the meaning specified in paragraph 2B(2).

  • 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.

  • Initial Rate Period means, with respect to the VMTP Shares of any Series, the period commencing on and including the Date of Original Issue thereof and ending on, and including, the next succeeding calendar day that is a Wednesday (or if such Wednesday is not a Business Day, the next succeeding Business Day).

  • Applicable Period See Section 2(b) hereof.

  • Variable Rate means a per annum rate of interest, equal to LIBOR plus 2.85%, as determined on the LIBOR Determination Date preceding each Interest Payment Date, reset quarterly, commencing upon expiration of the Fixed Rate Period.

  • Variable Return means a percentage calculated as follows:

  • Fixed Rate Term means a period commencing on a Business Day and continuing for 1, 2 or 3 months, as designated by Borrower, during which all or a portion of the outstanding principal balance of this Note bears interest determined in relation to LIBOR; provided however, that no Fixed Rate Term may be selected for a principal amount less than $100,000.00; and provided further, that no Fixed Rate Term shall extend beyond the scheduled maturity date hereof. If any Fixed Rate Term would end on a day which is not a Business Day, then such Fixed Rate Term shall be extended to the next succeeding Business Day.

  • First Reset Period means the period from (and including) the First Reset Date until (but excluding) the Second Reset Date or, if no such Second Reset Date is specified in the applicable Final Terms, the Maturity Date;

  • Term Rate Period means any period of time during which a Group of 2024 Series A Variable Rate Bonds bears interest at the Term Rate.

  • Quarterly Floating Rate Period means, for the initial Quarterly Floating Rate Period, the period commencing on September 20, 2018 and ending on and including December 19, 2018, and thereafter the period from and including the day immediately following the end of the immediately preceding Quarterly Floating Rate Period to but excluding the next succeeding Quarterly Commencement Date.

  • Marketing Period means the first period of fifteen (15) consecutive calendar days commencing on the later of (i) the date Parent shall have access to the Required Financial Information and (ii) the date the Company Shareholder Approval has been obtained; provided that (x) (1) none of July 5, 2022, July 3, 2023 or July 5, 2023 shall be considered a calendar day for the purposes of this definition (provided, however, that such exclusion shall not restart such period) and (2) if such fifteen (15) consecutive calendar day period has not ended on or prior to (A) August 22, 2022, then it will be deemed to not commence earlier than September 6, 2022, or (B) December 16, 2022, then it will be deemed to not commence earlier than January 2, 2023, (y) in no event shall the Marketing Period be restarted or cease to continue if additional financial statements are required to be delivered pursuant to the definition of “Required Financial Information” or have otherwise been provided after the Marketing Period has commenced, and (z) the Marketing Period in any event shall end on any earlier date prior to the expiration of such fifteen (15) consecutive calendar day period if the Debt Financing is consummated on such earlier date (including closing into escrow); provided, further, that if the Company shall in good faith reasonably believe that it has provided the Required Financial Information, the Company may deliver to Parent a written notice to that effect (stating in good faith when it believes it completed such delivery), in which case the Company shall be deemed to have delivered the Required Financial Information on the date specified in such notice, unless Parent in good faith reasonably believes that the Company has not completed the delivery of the Required Financial Information at the time such notice is given and, within three (3) Business Days after the date of the delivery of such notice by the Company, Parent gives written notice to the Company to that effect (stating with reasonable specificity which such Required Financial Information has not been delivered), in which case such Required Financial Information shall be deemed to have been delivered when such specific items have been delivered by the Company; provided, that such written notice from Parent to the Company will not prejudice the Company’s right to assert that the Required Financial Information was, in fact, delivered; provided, further, that, notwithstanding the foregoing, the delivery of the Required Financial Information shall be satisfied at any time at which (and so long as) Parent shall have actually received the Required Financial Information, regardless of whether any such notice is delivered to the Company.

  • Conversion Period means the period of time commencing on the eighth day after the Offer Date and terminating on the Expiry Date;

  • Daily Rate Period means any period of time during which a Group of 2024 Series A Variable Rate Bonds bears interest at the Daily Rate.

  • Offering Commencement Date means the first day of each Offering Period.

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Variable Interest Rate means any interest rate that does not qualify as a fixed credit interest rate;

  • Trading Period has the meaning set out in the TSC;

  • Variable Account means the account established for a member who participates in the

  • Interest Rate Period means that period of time for which the interest rate with respect to the Bonds has been determined by the Remarketing Agent or otherwise as provided in the definition of the applicable Interest Rate Mode, commencing on the applicable Interest Rate Adjustment Date, and terminating on the day immediately preceding the following Interest Rate Adjustment Date, if any.

  • Program Period means the period of time which the department intends to support the program without requiring the recompetition for funds. The program period is specified within the grant application.

  • Fixed Rate Period Remaining Life means, with respect to any Debenture, the period from the Special Redemption Date for such Debenture to the Interest Payment Date in December 2010.

Most Referenced Clauses

Most Referenced Definitions