Examples of Weekly Rate Bonds in a sentence
As further discussed in Note H, the Bonds, in the Variable Rate Bond form, are considered Weekly Rate Bonds with the ability to be converted to Daily Rate Bonds, Adjustable Rate Bonds, or Fixed Rate Bonds.
The Bonds herein authorized, unless otherwise indicated, may be issued in the form of Fixed Rate Bonds, Daily Rate Bonds, Weekly Rate Bonds or Term Rate Bonds, all as provided in Section 2.02 hereof, the Award Certificate and in the FORMS OF BONDS set forth Exhibit A hereto.
The Commission will not voluntarily terminate the Letter of Credit while Series A of 2020 Bonds are Daily Rate Bonds, Weekly Rate Bonds, Monthly Rate Bonds or Short-Term Rate Bonds without at least 60 days prior written notice to the Trustee and without providing for a Substitute Letter of Credit prior to the effective date of such termination.
The interest rate determined for Weekly Rate Bonds on any Interest Determination Date shall be effective from and including the immediately succeeding Weekly Rate Adjustment Date to but excluding the next succeeding Weekly Rate Adjustment Date.
At all times that any Series A of 2020 Bonds are Daily Rate Bonds, Weekly Rate Bonds, Monthly Rate Bonds, Short-Term Rate Bonds or Long-Term Rate Bonds there shall be a Tender Agent.