Fixed Payment. Each equal semiannual installment of interest payable on the Term Assets on each June 1 and December 1 or, if any such day is not a Business Day, then the immediately following Business Day, except that the final installment of interest will be payable on December 1, 2096, commencing on June 1, 2001 through and including December 1, 2096.

Fixed Payment or “FPm” is the payment calculated using the equation set forth in Section 6.2(a).

Fixed Payment has the meaning set forth in Section 2.1(a).

Examples of Fixed Payment in a sentence

Any Excess Interest shall be allocated as additional interest and shall not be taken into account in the allocation of the Fixed Payment.
By default, in a blank plan, these checkboxes will appear as “Not Included”, to change this checkbox selection to “Included” use the following information for reference: 1.1 To enable checkbox 1.1, “A limit on the amount of a secured claim, set out in Section 3.2, which may result in a partial payment or no payment at all to the secured creditor” you must have a creditor appearing in section 3.2 (using a creditor classification of Secured Fixed Payment / Secured Paid Prorata).
TCEQ will reimburse the Performing Party for necessary and reasonable Allowable Costs that are incurred and paid by the Performing Party in performance of the Scope of Work as authorized by this Contract in the Cost Budget or Fixed Payment Amounts.
If the due date for any payment in respect of the Notes which falls prior to or on the Interest Rate Change Date would otherwise fall on a calendar day which is not a Fixed Payment Business Day (as defined below), the due date for such payment shall be: postponed to the next calendar day which is a Fixed Payment Business Day.
With respect to a Fixed Payment Option, the amounts shown on the tables represent the guaranteed minimum for each Annuity Payment.

More Definitions of Fixed Payment

Fixed Payment. Each semiannual installment of interest and Excess Interest, if any, payable on the Term Assets through and including August 1, 2018.

Fixed Payment. The amount which JPS will pay the Company each Month for Dependable Capacity in accordance with Section 9 as determined in accordance with Schedule 6 hereto.

Fixed Payment. The amount which GPL will pay the Company each Month for Dependable Capacity in accordance with Section 9 as determined in accordance with Schedule 2 hereto.

Fixed Payment has the meaning defined in Section 6.1, hereto.

Fixed Payment means a Payment described in Section 3(b).

Fixed Payment means the annual payment Purchaser and Seller agree will be paid for electrical energy which may be utilized during the initial Year of the Term and thereafter increased based on Section 5 requirements. The fixed payment shall be divided into 12 equal monthly payments.

Fixed Payment. Each semiannual installment of interest ------------- payable on the Underlying Securities, as set forth in Exhibit A hereto.