Variable Rate Period definition

Variable Rate Period means each period during which the Bonds bear interest at a Variable Rate.
Variable Rate Period means the period commencing on the Closing Date and ending on (and including) the day before the Conversion Date.
Variable Rate Period means that period during which a Variable Rate is in effect on the Bonds.

Examples of Variable Rate Period in a sentence

  • During the Variable Rate Period, the Bonds shall bear interest at the Variable Rate.

  • During the Variable Rate Period, the Servicer shall determine a Variable Rate for each day.


More Definitions of Variable Rate Period

Variable Rate Period means that period during which the Bonds bear interest at a Variable Rate.
Variable Rate Period means the period of time beginning on the date of initial authentication and delivery of the Bonds during which the Bonds bear interest at a Variable Rate. Unless the context shall otherwise indicate, words importing the singular number shall include the plural number, and vice versa, and the terms “hereof,” “hereby,” “hereto,” “hereunder,” and similar terms, mean this Indenture.
Variable Rate Period means a Daily Rate Period or a Weekly Rate Period.
Variable Rate Period means the period beginning on, and including any Wednesday (or, if not a Business Day, on the next succeeding Business Day) and ending on, and including, the then next Tuesday (or the day immediately preceding the first day of the next Variable Rate Period), except that in the event of Conversion to Variable Rate Bonds, the first "Variable Rate Period" means the period beginning on the Conversion Date and ending on, and including, the second succeeding Tuesday (or the day immediately preceding the first day of the next Variable Rate Period) unless the Conversion Date is a Tuesday or Wednesday, in which case it will end on and include the first succeeding Tuesday.
Variable Rate Period means the period from and including the Issue Date to the earlier of (i) the Conversion Date or (ii) the day of payment in full of the Bonds.
Variable Rate Period means the period during which the Bonds bear interest at the Variable Rate.
Variable Rate Period means that period of the term of an advance in respect of which a variable rate of interest applies, or is to apply.