Weekly Mode definition

Weekly Mode means an Interest Mode during which the interest rate on the Bonds is determined in weekly intervals as set forth in Section 203(c) hereof.

Weekly Mode means the Mode during which all or any part of the 2024 Series B-2 Bonds bear interest at the Weekly Rate.

Weekly Mode has the meaning set forth in Appendix A to the Ordinance. “Weekly Rate” has the meaning set forth in Appendix A to the Ordinance.

Examples of Weekly Mode in a sentence

• If the failed change in Mode was from the Daily Mode, the applicable 2023 Series Q-2 Bond shall remain in the Daily Mode, and if the failed change in Mode was from the Weekly Mode, the applicable 2023 Series Q-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.

• When a Daily Mode, a Weekly Mode or a Term Rate Mode of shorter than one year is in effect for 2023 Series Q-2 Bonds, interest shall be calculated on the basis of a 365/366 day year for the actual number of days elapsed.

• If the failed change in Mode was from the Term Rate Mode and for which the Liquidity Facility was in effect for the 2023 Series Q-2 Bond to be changed, the applicable 2023 Series Q-2 Bond shall be changed to the Weekly Mode.

More Definitions of Weekly Mode

Weekly Mode means, with respect to the Bonds, the mode of bearing interest thereon at a Weekly Rate.

Weekly Mode means the Mode during which a Series of Variable Rate Bonds bears interest at the Weekly Rate.

Weekly Mode means the Mode in which the Bonds bear interest at a Weekly Rate. "Weekly Period" means each period from and including Thursday of each week (and, if the first day of any Weekly Mode is not a Thursday, the Weekly Conversion Date on which such Weekly Mode commences) through and including the following Wednesday, whether or not such days are Business Days.

Weekly Mode means the Mode during which Xxxxx bear interest at the Weekly Rate.

Weekly Mode means the Mode during which Bonds bear interest at the Weekly Rate.

Weekly Mode has the meaning set forth in the forms of Weekly Bonds.

Weekly Mode means a period of time during which 2005A Bonds bear interest at a WeeklyRate.