Fixed Amount Payer Sample Clauses

Fixed Amount Payer. Counterparty represents and warrants that it has directed GCFP to make payment of the Fixed Amount on its behalf. Fixed Amount: USD 3,600,000.00 Fixed Amount Payer Payment Date: November 13, 2006 FLOATING AMOUNTS Floating Rate Payer: BNY Ref No. 38556 Cap Rate: For each Calculation Period, as set forth for such period on Schedule I attached hereto. Ceiling Rate: For each Calculation Period, as set forth for such period on Schedule I attached hereto. Floating Rate for initial Calculation Period: To be determined Floating Rate Day Count Fraction: Actual/360 Floating Rate Option: USD-LIBOR-BBA, provided, however, if the Floating Rate Option for a Calculation Period is greater than Ceiling Rate then the Floating Rate Option for such Calculation Period shall be deemed equal to Ceiling Rate. Designated Maturity: One month Spread: Inapplicable Floating Rate Payer Period End Dates: The 19th day of each month, beginning on April 19, 2010 and ending on the Termination Date, subject to adjustment in accordance with the Following Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be one (1) Business Day preceding each Floating Rate Payer Period End Date. Reset Dates: The first day of each Calculation Period or Compounding Period, if Compounding is applicable. Compounding: Inapplicable Business Days for Payments By both parties: New York Calculation Agent: BNY
Sample 1
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Fixed Amount Payer. Counterparty Fixed Rate Payer Period End Dates: The 25th day of each month of each year, commencing June 25, 2006, through and including the Termination Date, subject to No Adjustment Fixed Amount Payer Payment Dates: The 25th day of each month of each year, commencing June 25, 2006, through and including the Termination Date Fixed Rate: 0.315% Fixed Amount Payer Business Days: New York Fixed Amount Day Count Fraction: 30/360 Fixed Amount Payer Business Day Convention: Modified Following Floating Amounts: Floating Rate payer: DBAG Cap Rate: 5.40% Floating Rate Payer Period End Dates: The 25th day of each month of each year, commencing June 25, 2006, through and including the Termination Date Floating Rate Payer Payment Dates: The 25th day of each month of each year, commencing June 25, 2006, through and including the Termination Date Floating Rate Option: USD-LIBOR-BBA Designated Maturity: One month Spread: None Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first Floating Rate Payer Business Day of each Calculation Period or Compounding Period, if Compounding is applicable. Compounding: Inapplicable Floating Rate Payer Business Days: New York Floating Rate Payer Business Day Convention: Modified Following
Sample 1
Fixed Amount Payer. Counterparty represents and warrants that it has directed Merrill Lynch Mortgage Xxxxxxg, Xxx. to make a payment on its behalf for the Fixed Amount to BNY.
Sample 1
Fixed Amount Payer. Party B represents and warrants that it has directed Greenwich Capital Markets, Inc. to make payment of the Fixed Amount on its behalf. Fixed Amount: USD 1,120,000.00 Fixed Amount Payer Payment Date: December 28, 2006 Floating Amounts: Floating Rate Payer: Party A Cap Rate: 5.20% Floating Rate Payer Period End Dates: The 25th calendar day of each month during the Term of this Transaction, commencing November 25, 2008, and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention. Floating Rate Payer Payment Dates: Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be one (1) Business Day preceding each Floating Rate Payer Period End Date. Floating Rate Option: USD-LIBOR-BBA, provided, however, if the Floating Rate Option for a Calculation Period is greater than 9.50% then the Floating Rate Option for such Calculation Period shall be deemed equal to 9.50%. Floating Amount: To be determined in accordance with the following formula: 250*(the excess if any of the Floating Rate Option over the Cap Rate)*Notional Amount*Floating Rate Day Count Fraction Designated Maturity: One month Floating Rate Day Count Fraction: Actual/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable Business Days: New York Business Day Convention: Following Calculation Agent: Party A
Sample 1

Related to Fixed Amount Payer

  • Fixed Amounts Fixed Rate Payer: Party B Fixed Rate Payer Payment Date: March 30, 2004 Fixed Amount: USD 104,000.00 Floating Amounts: Floating Rate Payer: Party A

  • Fixed Interest Rate Annual interest rate shall be /% and will not change during the duration.

  • Fixed Interest Rates Each Mortgage Loan bears interest at a rate that remains fixed throughout the remaining term of such Mortgage Loan, except in the case of ARD loans and situations where default interest is imposed.

  • Calculation Dates The interest rate applicable to each Interest Reset Period will be determined by the Calculation Agent on or prior to the Calculation Date (as defined below), except with respect to LIBOR, which will be determined on the particular Interest Determination Date. Upon request of the Holder of a Floating Rate Note, the Calculation Agent will disclose the interest rate then in effect and, if determined, the interest rate that will become effective as a result of a determination made for the next succeeding Interest Reset Date with respect to such Floating Rate Note. The “Calculation Date”, if applicable, pertaining to any Interest Determination Date will be the earlier of: (1) the tenth calendar day after the particular Interest Determination Date or, if such day is not a Business Day, the next succeeding Business Day; or (2) the Business Day immediately preceding the applicable Interest Payment Date or the Maturity Date, as the case may be.

  • Fixed Annuity Payments The minimum guaranteed income purchased per $1,000 of the net amount applied to a fixed annuity is based on an annual interest rate of 3% and the 1983a Mortality Table with the ages set back ten (10) years. Conversion to Current Rates – Annuity payments will be based on the greater of: • our current income factors in effect for this Contract on the Annuity Date; or • our guaranteed income factors. The dollar amount of any payments after the first annuity payment is specified during the annuity payment period according to the provisions of the elected Annuity Option.

  • Applicable Interest Rate 5.10.1 In respect of Pre-Delivery Interest Periods or Interest Periods pursuant to Clause 5.3.1 and subject to Clause 5.3.1, Clause 5.12 and Clause 6, the rate of interest applicable to the Loan (or relevant part in the case of the division of the Loan under Clause 5.8) during a Pre-Delivery Interest Period or an Interest Period shall be the Floating Interest Rate.

  • Applicable Interest Rates (a) U.S.

  • Interest Rates Payments and Calculations (a) Interest Rate. -------------

  • Interest Rates and Letter of Credit Fee Rates Payments and Calculations (a) Interest Rates. Except as provided in Section 2.13(c) and Section 2.15(a), all Obligations (except for the undrawn portion of the face amount of Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to the lesser of (i) the LIBOR Rate plus the Applicable Margin, or (ii) the maximum rate of interest allowed by applicable laws; provided, that following notice to Borrower in accordance with Section 2.15(a) hereof, all Obligations that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal, during the duration of the circumstances described in Section 2.15(a), to the lesser of (A) the Base Rate plus the Applicable Margin as calculated pursuant to Section 2.15(a) or (B) the maximum rate of interest allowable by applicable laws.

  • FIXED ACCOUNT An account that is part of SBL's General Account. SBL guarantees that it will credit interest on Contract Value allocated to the Fixed Account at an annual rate at least equal to the Guaranteed Rate set forth on page 3.

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