Variable Rate Mode means the Initial Mode established for the MFP Shares by the terms and conditions of the Statement as modified by the Variable Rate Mode Supplement.
Examples of Variable Rate Mode in a sentence
To the extent that the Purchaser is the Holder or Beneficial Owner of 100% of the MFP Shares, without the prior written consent of the Purchaser, the Fund will not agree to, consent to or permit any amendment, supplement, modification or repeal of the Statement or the designation of the Variable Rate Mode to which this Agreement relates or the Supplement or any provision of either thereof, nor waive any provision of either thereof.
More Definitions of Variable Rate Mode
Variable Rate Mode means the Mode established for the MFP Shares by the terms and conditions of the Statement as modified by this Supplement. 1.2 Interpretation. (a) The headings preceding the text of Sections included in this Supplement are for convenience only and shall not be deemed part of this Supplement or be given any effect in interpreting this Supplement. The use of the masculine, feminine or neuter gender or the singular or plural form of words herein shall not limit any provision of this Supplement. The use of the terms “including” or “include” shall in all cases herein mean “including, without limitation” or “include, without limitation,” respectively. Reference to any Person includes such Person’s successors and assigns to the extent such successors and assigns are permitted by the terms of any applicable agreement, and reference to a Person in a particular capacity excludes such Person in any other capacity or individually. Reference to any agreement (including this Supplement), document or instrument means such agreement, document or instrument as amended or modified and in effect from time to time in accordance with the terms thereof and, if applicable, the terms hereof. Except as otherwise expressly set forth herein, reference to any law means such law as amended, modified, codified, replaced or re-enacted, in whole or in part, including rules, regulations, enforcement procedures and any interpretations promulgated thereunder. References to Sections shall refer to those portions of this Supplement, unless otherwise provided. The use of the terms “hereunder,” “hereof,” “hereto” and words of similar import shall refer to this Supplement as a whole and not to any particular Article, Section or clause of this Supplement. (b) Subject to Section 4(e) of the Statement, the terms and conditions of the MFP Shares set forth in this Supplement supersede the terms of the Statement, to the extent inconsistent therewith, for the Variable Rate Mode. (c) This Supplement shall be effective on the Mode Commencement Date.
Variable Rate Mode means a Daily Rate or a Weekly Rate.
Variable Rate Mode means the Daily Mode, Weekly Mode, Flexible Mode or Term Rate Mode (all as defined in Section 501).
Variable Rate Mode means the Daily Mode, Weekly Mode, Commercial Paper Mode or Term Rate Mode. "Weekly Mode" means the Mode during which all or any part of the Bonds bear interest at the Weekly Rate. "Weekly Rate" means the per annum interest rate on any Bond in the Weekly Mode determined pursuant to Section 304(b) hereof. Words importing persons include firms, associations and corporations, and the singular and plural form of words shall be deemed interchangeable wherever appropriate.
Variable Rate Mode means, with respect to each Bond, the period between the Initial Period and the Conversion Date.
Variable Rate Mode. The Short-Term Mode or the Term Rate Mode. “Weekly Mode” — The Mode during which the Bonds bear interest at the Weekly Rate.
Variable Rate Mode means the aggregate of the characteristics which apply to Bonds which bear interest at the Variable Rate.