Monthly Rate Conversion Date definition

Monthly Rate Conversion Date means the day on which the Bonds are converted to bear interest at a Monthly Rate pursuant to Section 3.02(g) or (h).
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Monthly Rate Conversion Date means the day on which interest on the 2010 Bonds of a Series begins to accrue at a Monthly Rate for such Series following conversion from a different Variable Rate pursuant to Section 2.03(h).
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Monthly Rate Conversion Date means any date on which the Notes are converted to Notes bearing interest at the Monthly Rate, which must be the first day of any calendar month.
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Examples of Monthly Rate Conversion Date in a sentence

  • Whenever a Series of 2010 Bonds is to bear interest at a Monthly Rate, the Monthly Rate Periods shall commence on the Monthly 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 day immediately preceding the first Business Day of the next calendar month.


More Definitions of Monthly Rate Conversion Date

Monthly Rate Conversion Date means the day on which interest on a Series of Variable Rate Bonds begins to accrue at a Monthly Rate following conversion from a different Variable Rate pursuant to the Indenture.
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Monthly Rate Conversion Date means the day on which all or a part of the Bonds begin to bear interest at a Monthly Rate pursuant to Sections 3.02(i) or (j).
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Related to Monthly Rate Conversion Date

  • Conversion Date shall have the meaning set forth in Section 4(a).

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

  • Forced Conversion Date shall have the meaning set forth in Section 6(d).