Applicable Fixed Rate definition

Applicable Fixed Rate means the fixed rate calculated for the relevant trading currency and settlement currency pairing in accordance with condition 5.5, where the date of the corresponding payment falls within the rate card active period.

Applicable Fixed Rate means the fixed rate of an Applicable Fixed Rate Reference Bank for the relevant period expressed as a nominal annual rate, as set out in the Rate Fixing Letter.

Applicable Fixed Rate has the meaning given in Schedule 2.

Examples of Applicable Fixed Rate in a sentence

• Subject to the other provisions of this Clause, the rate of interest on each Loan for an Interest Period is the Applicable Fixed Rate per annum.

• Subject to the provisions of subsection (c) below, each Fixed Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the Applicable Fixed Rate for such Interest Period.

• At any time prior to December 1, 2010, the Notes may also be redeemed by the Issuers or any other Person designated by the Issuers in whole but not in part, at the Issuers’ option, at a redemption price equal to 100% of the principal amount thereof plus the Applicable Fixed Rate Premium as of, and accrued but unpaid interest, if any, to the date of redemption.

• Subject to Sections 2.4(d) and 2.4(h), Fixed Rate Portions shall bear interest on the unpaid principal amount thereof during the Fixed Rate Period applicable thereto at a rate per annum equal to the sum of the Fixed Rate for such Fixed Rate Period plus the Applicable Fixed Rate Margin.

• In addition, prior to May 15, 2009, the Issuer may redeem all or, from time to time, a part of the fixed rate notes of any series upon not less than 30 nor more than 60 days’ notice at a redemption price equal to 100% of the principal amount thereof plus the Applicable Fixed Rate Premium and accrued and unpaid interest to, but not including, the applicable redemption date.

More Definitions of Applicable Fixed Rate

Applicable Fixed Rate has the meaning set forth in Section 2.05(a).

Applicable Fixed Rate means (x) during any Cash Interest Period, 8.625% and (y) during any PIK Interest Period, 9.375% plus, in each case, the Incremental Margin applicable at such time.

Applicable Fixed Rate means, at any date, with respect to a Tranche B-5 Term Loan, 6.625% per annum.

Applicable Fixed Rate shall have the meaning given to such term in Section 6.02 hereof.

Applicable Fixed Rate means, for any date, the rate set forth below in the row opposite such date in the column corresponding to the "Denomination" of the Loan: Denomination --------------------------- Dollar Euro Peso Yen Date Loan Loan Loan Loan --------------------------------------------- ------ ---- ---- ---- Issuance Date through October 15, 2008 ...... 5.53% 4.83% 3.23% 1.93% October 16, 2008 through October 15, 2014 ... 8.00% 6.89% 3.42% 3.69%

Applicable Fixed Rate means 7.783% per annum, in the case of the Series A-1 AFE Trust Notes, 7.730% per annum, in the case of the Series A-2 AFE Trust Notes, 8.030% per annum, in the case of the Series B AFE Trust Notes and 8.140% per annum, in the case of the Certificates.

Applicable Fixed Rate means, (a) with respect to Eurocurrency Rate Advances, the Eurocurrency Rate, (b) with respect to Eurodollar Rate Advances, the Eurodollar Rate, and (c) with respect to Pound Rate Advances, the Pound Rate.