Flexible Rate Conversion Date definition
Flexible Rate Conversion Date means the date on which the Bonds are converted to bear interest at Flexible Rates pursuant to Section 3.03(b).
Flexible Rate Conversion Date means each day on which the Bonds accrue interest at Flexible Rates which is immediately preceded by a day on which the Bonds did not accrue interest at Flexible Rates.
Flexible Rate Conversion Date means each day on which all or any portion of the 2024 Series C Bonds bear interest at Flexible Rates which is immediately preceded by a day on which such 2024 Series C Bonds did not bear interest at Flexible Rates and which Flexible Rate Conversion Date shall be an Interest Payment Date on which interest is payable for the Variable Rate Period from which the Conversion is to be made.
Examples of Flexible Rate Conversion Date in a sentence
Flexible Rate Periods shall commence on a Flexible Rate Conversion Date, which shall be the first Business Day of a calendar month, subject to the provisions of subsection (h) of this Section, and end on the last day of the Flexible Rate Period.
On any Flexible Rate Conversion Date pursuant to Section 3.3(b) hereof, the Tax Exempt Bonds are subject to mandatory tender for purchase on the applicable Conversion Date at a purchase price equal to the principal amount thereof plus accrued interest, if any.
More Definitions of Flexible Rate Conversion Date
Flexible Rate Conversion Date means the date on which the Bonds are converted to bear
Flexible Rate Conversion Date means the day on which interest on a Series of Bonds begins to accrue at a Flexible Rate following conversion from a different Variable Rate pursuant to the Indenture.
Flexible Rate Conversion Date means the day on which the Bonds begin to accrue interest at a Flexible 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 Flexible Rate or accrued interest at a Flexible Rate during a different Flexible Rate Period.
Flexible Rate Conversion Date means the date on which all or a part of the Bonds begin to bear interest at Flexible Rates pursuant to Section 3.03(b) of this Order.