Final Fixed Rate definition

Final Fixed Rate shall have the meaning in the form of Security set forth in Section 2.1.
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Examples of Final Fixed Rate in a sentence

  • Final Fixed Rate Payer Calculation Period and final Fixed Rate Payer Period End Date: The final Fixed Rate Payer Calculation Period shall end on and include, and therefore the final Fixed Rate Payer Period End Date shall be, the earlier of (A) the Scheduled Termination Date, and (B) the day on which the Outstanding Tranche Notional Amount is reducedto zero.

  • Final Fixed Rate Payer Calculation Period and final Fixed Rate Payer Period End Date:The final Fixed Rate Payer Calculation Period shall end on and include, and therefore the final Fixed Rate Payer Period End Date shall be, the earlier of (A) the Scheduled Termination Date, and (B) the day on which the Outstanding Tranche Notional Amount is reduced to zero.

  • Fixed Rate Payer Payment Dates: Fixed Rate Payer Period End Dates: Final Fixed Rate Payer Calculation Period and final Fixed Rate Payer Period End Date:Two Business Days prior to each Fixed Rate Payer Period End Date unless the Fixed Rate Payer Period End Date is the day on which the Outstanding Tranche Notional Amount is reduced to zero, in which case the Fixed Rate Payer Payment Date will be two Business Days prior to the related Cash Settlement Date.

  • Fixed (b) in respect of the Final Fixed Rate Payer Calculation Period, the final Fixed Rate Payer Period End Date.

  • Fixed Rate Payer Day Count Fraction:Actual/360 Fixed Rate Payer Payment Dates: (i) In respect of each Fixed Rate Payer CalculationPeriod other than the Final Fixed Rate Payer Calculation Period, the day falling two Business Days after the relevant Fixed Rate Payer Period End Date in respect of such Fixed Rate Payer Calculation Period; and (ii) in respect of the Final Fixed Rate Payer Calculation Period, the Scheduled Termination Date.

  • Final Fixed Rate Payer Calculation Period: The Fixed Rate Payer Calculation Period ending on (but excluding) the Termination Date.

  • Initial Fixed Rate Payer Period End Date:20 September 2007, unless otherwise specified in the applicable CDS Transaction Supplement Final Fixed Rate Payer Period and final Fixed Rate Payer Period End Date:The final Fixed Rate Payer Calculation Period shall end on and include, and therefore the final Fixed Rate Payer Period End Date shall be, the earlier of (A) the Scheduled Termination Date, and (B) the day on which the Outstanding Tranche Notional Amount is reduced to zero.

  • Where: "Final Fixed Rate Scheduled Interest Payment Date" means, if a Switch Event has occurred, May 17, 2018.

Related to Final Fixed Rate

  • Fixed Rate means, with respect to any Competitive Loan (other than a Eurodollar Competitive Loan), the fixed rate of interest per annum specified by the Lender making such Competitive Loan in its related Competitive Bid.

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.

  • Fixed Interest Rate means the annual interest rate of five and forty hundredths percent (5.40%).

  • Base Interest Rate means Bank's initial cost of funding the Fixed Obligations. The Prepayment Fee is calculated as follows: First, Bank determines a "Current Market Rate" based on what the Bank would receive if it loaned the remaining amount on the prepayment date in a wholesale funding market matching maturity, remaining principal and interest amounts and principal and interest payment dates (the aggregate payments received are the "Current Market Rate Amount"). Bank may select any wholesale funding market rate as the Current Market Rate. Second, Bank will take the prepayment amount and calculate the present value of each remaining principal and interest payment which, without prepayment, the Bank would have received during the term of the Fixed Obligations using the Base Interest Rate. The sum of the present value calculations is the "Xxxx to Market Amount." Third, the Bank will subtract the Current Market Rate Amount from the Xxxx to Market Amount. Any amount greater than zero is the Prepayment Fee.

  • Applicable Interest Rate means (i) with respect to any Fixed Rate Indebtedness, the fixed interest rate applicable to such Fixed Rate Indebtedness at the time in question, and (ii) with respect to any Floating Rate Indebtedness, either (x) the rate at which the interest rate applicable to such Floating Rate Indebtedness is actually capped (or fixed pursuant to an interest rate hedging device), at the time of calculation, if Borrower has entered into an interest rate cap agreement or other interest rate hedging device with respect thereto or (y) if Borrower has not entered into an interest rate cap agreement or other interest rate hedging device with respect to such Floating Rate Indebtedness, the greater of (A) the rate at which the interest rate applicable to such Floating Rate Indebtedness could be fixed for the remaining term of such Floating Rate Indebtedness, at the time of calculation, by Borrower’s entering into any unsecured interest rate hedging device either not requiring an upfront payment or if requiring an upfront payment, such upfront payment shall be amortized over the term of such device and included in the calculation of the interest rate (or, if such rate is incapable of being fixed by entering into an unsecured interest rate hedging device at the time of calculation, a fixed rate equivalent reasonably determined by Administrative Agent) or (B) the floating rate applicable to such Floating Rate Indebtedness at the time in question.

  • Discount Net Mortgage Rate As defined in the Series Supplement.

  • Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

  • REMIC I Remittance Rate The per annum rate at which interest accrues in respect of any REMIC I Regular Interest during any Interest Accrual Period, as set forth in or otherwise calculated in accordance with Section 2.11(f).

  • Adjusted Interest Rate is defined in Section 1.2(e).

  • Note Interest Rate means a per annum rate equal to 0.02% in excess of LIBOR as determined by the Calculation Agent on the related LIBOR Determination Date with respect to each Interest Period.

  • Certificate Interest Rate With respect to each Class of Certificates and any Distribution Date, the applicable per annum rate set forth or described in the Preliminary Statement hereto.

  • Net Interest Rate means with respect to any Note, the Interest Rate for such Note minus the Servicing Fee Rate applicable to such Note.

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • SOFR Rate means the rate that will be obtained by the Paying Agent for each Interest Period on the SOFR Adjustment Date as of the SOFR Determination Time (or, if the Benchmark is not SOFR, the Reference Time) and, except following a determination by the Administrator that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, means, with respect to the Class A-2b Notes as of any SOFR Adjustment Date, a rate equal to Compounded SOFR; provided, that, the Administrator will have the right, in its sole discretion, to make applicable SOFR Adjustment Conforming Changes.

  • Basic Rate means the applicable basic minimum wage rate prevailing on the date 28 days prior to the latest date for submission of Tenders, by reason of any National or State Statute or Ordinance.

  • CB Floating Rate means the Prime Rate; provided that the CB Floating Rate shall never be less than the Adjusted One Month LIBOR Rate on such day (or if such day is not a Business Day, the immediately preceding Business Day). Any change in the CB Floating Rate due to a change in the Prime Rate or the Adjusted One Month LIBOR Rate shall be effective from and including the effective date of such change in the Prime Rate or the Adjusted One Month LIBOR Rate, respectively.

  • Adjusted One Month LIBOR Rate means, an interest rate per annum equal to the sum of (i) 1.00% per annum plus (ii) the Adjusted LIBO Rate for a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business Day); provided that, for the avoidance of doubt, the Adjusted LIBO Rate for any day shall be based on the Screen Rate at approximately 11:00 a.m. London time on such day.

  • Capped Interest Rate is defined in the Note, if applicable.

  • REMIC Remittance Rate The REMIC I Remittance Rate or the REMIC II Remittance Rate.

  • REMIC II Remittance Rate The per annum rate at which interest accrues in respect of any REMIC II Regular Interest during any Interest Accrual Period, as set forth in or otherwise calculated in accordance with Section 2.13(f).

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • Default Interest Rate is two percent above the base lending rate of Barclays Bank PLC, as varied from time to time;