Examples of Weekly Mode in a sentence
If the failed change in Mode was from the Daily Mode, the applicable 2024 Series C-2 Bond shall remain in the Daily Mode, and if the failed change in Mode was from the Weekly Mode, the applicable 2024 Series C-2 Bond shall remain in the Weekly Mode, in each case with interest rates established in accordance with the applicable provisions of Section 2.7 of this Series Indenture on and as of the failed Mode Change Date.
If the failed change in Mode was from the Term Rate Mode and for which the Liquidity Facility was in effect for the 2024 Series C-2 Bond to be changed, the applicable 2024 Series C-2 Bond shall be changed to the Weekly Mode.
When a Daily Mode, a Weekly Mode or a Term Rate Mode of shorter than one year is in effect for 2024 Series C-2 Bonds, interest shall be Mode.