Examples of Fixed Interest Rate Period in a sentence
The Lender agrees not to alter the Interest Rate applicable to a Loan during any Fixed Interest Rate Period.
At the end of the Fixed Interest Rate Period, the Interest Rate will change to the floating rate set out in the Specific Terms.
If a Fixed Interest Rate Period applies the Interest Rate will be fixed for that period.
The Notes shall bear interest [annually] [semi-annually] [quarterly] in arrear based on their principal amount during the Fixed Interest Period[s] from (and including) [insert date] (the "Interest Commencement Date") to (but excluding) the [in case of no adjustment of Fixed Interest Period insert: [last] Coupon date] [in case of an adjustment of Fixed Interest Period insert: [last] fixed Interest Payment Date] (the "Fixed Interest Rate Period").
If a Fixed Interest Rate Period applies, the Interest Rate will be fixed for that period.