Variable Rate Bond definition

Variable Rate Bond means, as of any date of determination, any Bond on which the interest rate borne thereby may vary during any part of its remaining term.

Variable Rate Bond means any Bond not bearing interest throughout its term at a specified rate or specified rates determined at the time of issuance of the Series of Bonds of which such Bond is one.

Variable Rate Bond means, as of any date of determination, any Bond on which the interest rate borne thereby may vary during any part of its remaining term. Section 102. Interpretation. In this Resolution, unless the context otherwiserequires:

Examples of Variable Rate Bond in a sentence

• The positive individual would be interviewed by a public health official and the department of health would work with the schools to ascertain any close contacts.

• The rights of the Corporation hereunder are separate from and in addition to any rights that any holder of any Variable Rate Bond may have under the terms of such Variable Rate Bond or any Related Document or otherwise.

• Any sale of a Variable Rate Bond or portion thereof shall be without recourse to the seller and without representation or warranty of any kind except as may be required by law.

• OSB – Variable Rate:Starting in 2009, the interest rate on the Variable Rate Bond is reset yearly, on June 21 only.

• The Corporation agrees that, so long as this Agreement is in effect and has not terminated, the holders of the Variable Rate Bonds, the Issuer and the Borrower are express beneficiaries of this Agreement and, as such, any holder of a Variable Rate Bond, the Issuer and the Borrower on behalf of any such holder shall have the right to bring suit against the Corporation to enforce this Agreement should the Corporation fail to perform any of its obligations hereunder.

More Definitions of Variable Rate Bond

Variable Rate Bond means a Thirty-Seventh Resolution Bond bearing interest at a rate which is not fixed to the maturity of such Thirty-Seventh Resolution Bond.

Variable Rate Bond means a Thirty-Sixth Resolution Bond bearing interest at a rate which is not fixed to the maturity of such Thirty-Sixth Resolution Bond.

Variable Rate Bond means a Bond the interest rate on which is an adjustable rate which varies from time to time as provided therein and in the Series Resolution pursuant to which such Bond is issued.

Variable Rate Bond means a Fortieth Resolution Bond bearing interest at a rate which is not fixed to the maturity of such Fortieth Resolution Bond.

Variable Rate Bond means a Series 2020 Bond that at the time of original issuance bears interest at a Commercial Paper Rate, Daily Rate, Weekly Rate, or Term Rate.

Variable Rate Bond means a Thirty-Eighth Resolution Bond bearing interest at a rate which is not fixed to the maturity of such Thirty-Eighth Resolution Bond.

Variable Rate Bond means a Thirty-Fifth Resolution Bond bearing interest at a rate which is not fixed to the maturity of such Thirty-Fifth Resolution Bond.