Weekly Rate Conversion Date definition

Weekly Rate Conversion Date means each day on which the Bonds accrue interest at a Weekly Rate pursuant to Section 3.3 hereof which is immediately preceded by a day on which the Bonds did not accrue interest at a Weekly Rate.
Sample 1Sample 2Sample 3
Weekly Rate Conversion Date means the day the Bonds are converted to bear interest at a Weekly Rate pursuant to Section 3.02(g) or (h).
Sample 1Sample 2Sample 3
Weekly Rate Conversion Date means each date on which the Bonds, having been converted to the Weekly Rate Mode from another Mode, first begin to bear interest at a Weekly Rate in accordance with the terms hereof.
Sample 1Sample 2

Examples of Weekly Rate Conversion Date in a sentence

  • Such Bonds shall be subject to mandatory tender for purchase on the Weekly Rate Conversion Date.

  • The Bonds shall bear interest at a Weekly Rate from the Closing Date (if applicable) and from each Weekly Rate Conversion Date to the earlier of their redemption, the following Conversion Date or their maturity date.

  • The initial Weekly Rate for the Bonds effective on the Effective Date and on any Weekly Rate Conversion Date shall be established by the Remarketing Agent prior to the Effective Date or Weekly Rate Conversion Date, as the case may be, in the same manner as the Remarketing Agent is required to establish the Weekly Rate for each subsequent Interest Period in accordance with Section 110A(b).

  • The initial Weekly Rate for the Bonds effective on the initial execution and delivery of the Bonds and on any Weekly Rate Conversion Date shall be established by the Remarketing Agent in accordance with the Indenture.

  • Any Bond not tendered for purchase on the Weekly Rate Conversion Date or Daily Rate Conversion Date shall be deemed to have been tendered for purchase, and shall cease to accrue interest on the Conversion Date.


More Definitions of Weekly Rate Conversion Date

Weekly Rate Conversion Date means the effective date of a change in the interest rate borne by the Bonds to a Weekly Rate from a Daily Rate.
Sample 1Sample 2Sample 3
Weekly Rate Conversion Date means a day on which interest begins to accrue on a Series of Bonds at a Weekly Rate following conversion pursuant to Section 2.03(i).
Sample 1Sample 2
Weekly Rate Conversion Date means the day all or a part of the Bonds begin to bear interest at a Weekly Rate pursuant to Section 3.02(b) of this Order.
Sample 1
Weekly Rate Conversion Date means, with respect to any Subseries, the Business Day on which such Subseries begins to bear interest at a Weekly Rate in accordance with the terms hereof.
Sample 1
Weekly Rate Conversion Date means each day on which the Bonds begin to accrue interest at a Weekly Rate pursuant to the Loan and Trust Agreement which is immediately preceded by a day on which the Bonds did not accrue interest at a Weekly Rate.
Sample 1
Weekly Rate Conversion Date means each day on which all or any portion of the 2022 Series B Bonds bear interest at a Weekly Rate pursuant to Section 302(d) or (e) hereof which is immediately preceded by a day on which such 2022 Series B Bonds did not bear interest at a Weekly Rate. The effective date of an automatic Conversion to the Weekly Rate pursuant to Section 302(a)(ii) hereof shall be deemed to be a Weekly Rate Conversion Date.
Sample 1
Weekly Rate Conversion Date means the day on which interest begins to accrue on the 2015 Variable Rate Parity Bonds of a Series at a Weekly Rate following Conversion as set forth in this Appendix A.
Sample 1