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: [ ] Fixed Amount Payer Payment Date: October 4, 2006 Floating Rate Payer: BNY 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 Ref No. 38408 Floating Rate Payer Period End Dates: The 19th day of each month, beginning on November 19, 2006 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
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Fixed Amount Payer. Counterparty Fixed Rate Payer Period End Dates: The 25th day of each month of each year, commencing October 25, 2006, through and including the Termination Date with No Adjustment Fixed Rate Payer Payment Dates: The 25th day of each month of each year, commencing October 25, 2006, through and including the Termination Date with No Adjustment Fixed Rate: 0.2420% Fixed Rate Day Count Fraction: 30/360 Fixed Amount Payer Business Days: New York Fixed Amount Payer Business Day Convention: Modified Following Floating Rate Payer: DBAG Cap Rate: 5.20% Floating Rate Payer Period End Dates: The 25th day of each month of each year, commencing October 25, 2006, through and including the Termination Date Floating Rate Payer Payment Dates: The 25th day of each month of each year, commencing October 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.
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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 The fixed amounts contained in Section I of this agreement are based on an estimate of the costs that will be incurred during the period to which the amounts apply. When the actual costs for this period are determined, any differences between the fixed costs used as an estimate and the actual costs will be considered in a subsequent agreement.

  • Amount Payable The Subscriber will provide the funds required to purchase the Purchased Units (the “Purchase Price”) by no later than 10:00 a.m. on each Closing Date (as defined below) by certified cheque payable to the Partnership to be held in trust by the General Partner, and released in order to be applied to the purchase hereof. The Subscriber hereby instructs the General Partner to deal with the Purchase Price on the terms set forth herein.

  • Maximum Amount Payable The maximum amount payable under this contract without modification is shown in Attachment E, Fee Schedule. Payment under this contract beyond the end of the current fiscal biennium is subject to availability of appropriated funds. If funds are not appropriated, this contract shall be terminated immediately with no liability to either party.

  • Discount Percentage The Discount Percentage shall be based upon the monthly average of the net assets of all of the funds on Master Schedule A to Management Contracts (“Group Assets”), as may be updated from time to time, and the monthly average of the net assets of the Fund (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. After determination of the average Group Assets tier bound level in Master Schedule B to Management Contracts, as may be updated from time to time, which is hereby incorporated by reference into this Contract, the Discount Percentage shall be determined on a cumulative basis pursuant to the schedule set forth in Master Schedule B to Management Contracts.

  • Rate Increases In the event that this Agreement is renewed pursuant to Section 3.1.2, the rate set forth in Exhibit “C” may be adjusted each year at the time of renewal as set forth in Exhibit “C.”

  • Notional Amount For each Distribution Date (and the related Interest Accrual Period) each of the Class M-1, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates shall accrue interest at a per annum rate equal to the B Average Rate.

  • 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.

  • Date Increment Due Increments shall accrue and become due and payable on the next day following completion of required service as an employee in the class, unless otherwise provided herein.

  • 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.

  • 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. 5.10.2 In respect of Interest Periods pursuant to Clause 5.3.2 and subject to Clause 5.3.2, 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 an Interest Period shall be the Fixed Rate.

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