Fixed Rate Asset definition

Fixed Rate Asset. A Loan that is an Eligible Asset other than a Floating Rate Asset.
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Fixed Rate Asset shall have the meaning specified in the definition of Eligibility Criteria.
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Fixed Rate Asset means any Purchased Asset or Eligible Asset that accrues interest at a fixed rate of interest.
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Examples of Fixed Rate Asset in a sentence

  • Spread to LIBOR received on Floating Rate Asset or under Swap on Fixed Rate Asset No input to verify Interest payment frequency No input to verify Next interest due date on floating rate assets No input to verify We found that the data inputs agreed to the respective support, [except for x cases/with no exception] in relation to the Covered Bond Inputs.

  • The first shall be known as the “Series 201[●]-[●] Floating Rate Asset Backed Notes, Class A-1” and the second shall be known as the “Series 201[●]-[●] Fixed Rate Asset Backed Notes, Class A-2.”] The Series 201[●]-[●] Notes shall be due and payable on the Series 201[●]-[●] Legal Maturity Date.

  • TMCL V also issued the Series 2017-2 Fixed Rate Asset Backed Notes (the “2017-2 Bonds”), $416,000 aggregate Class A principal amount and $84,000 aggregate Class B principal amount of 2017-2 Bonds, to qualified institutional investors pursuant to Rule 144A under the Securities Act and to non-U.S. persons in accordance with Regulation S promulgated under the Securities Act.

  • Seller or the originator of such Mortgage Loan inspected or caused to be inspected each related Mortgaged Property within six (6) months of origination of the Mortgage Loan and, (i) with respect to a Fixed Rate Asset, within six (6) months of the Purchase Date or, (ii) with respect to a Floating Rate Asset, within twelve (12) months of the Purchase Date.

  • Any interest rate exchange agreement between the Issuer and any Asset Specific Counterparty that is entered into by the Issuer in connection with the purchase or holding of a Fixed Rate Asset.

  • Independent Accountant’s ReportMr. Dwight Perry, Chief Financial Officer The J.G. Wentworth Company1200 Morris DriveChesterbrook, PA 19087 AndFirst Principles Capital Management, LLC 28 Liberty Street, 46th FloorNew York, NY 10005 Tel: 215-564-1900 Ten Penn CenterFax: 215-564-3940 1801 Market Street, Suite 1700www.bdo.com Philadelphia, PA 19103Exhibit 99.1 We have performed the procedures enumerated below on the J.G. Wentworth XLVIII, LLC Fixed Rate Asset Backed Note, Series 2020-E1 transaction.

  • If the HOC gets 50 percent of the number of Rotarians in the host area to register by the first registration deadline, the committee will be eligible to receive a 25 percent rebate of registration income from the host area.

  • WFN Credit Company, LLC (“WFN LLC”) proposes to cause World Financial Network Credit Card Master Note Trust (the “Issuer”) to issue $500,000,000 aggregate principal amount of World Financial Network Credit Card Master Note Trust Class A Fixed Rate Asset Backed Notes, Series 2024-B (the “Notes”).

  • The first shall be known as the “Series 201[•]-[•] Floating Rate Asset Backed Notes, Class A-1” and the second shall be known as the “Series 201[•]-[•] Fixed Rate Asset Backed Notes, Class A-2.”] The Series 201[•]-[•] Notes shall be due and payable on the Series 201[•]-[•] Legal Maturity Date.

  • The Fixed Rate Asset Backed Notes, Series 2013-1 issued by the Issuer pursuant to the terms of the Series 2013-1 Supplement, dated as of March 28, 2013 (as amended), between the Issuer and the Indenture Trustee.

Related to Fixed Rate Asset

  • Fixed Rate Period shall have the meaning in the form of Security set forth in Section 2.1.

  • Fixed Rate Mortgage Loan A fixed rate mortgage loan purchased pursuant to this Agreement.

  • Fixed Rate Certificate A Certificate that provides for a payment of interest at a Fixed Pass-Through Rate.

  • Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.

  • Fixed Rate Note means a Note on which interest is calculated at a fixed rate payable in arrear on a fixed date or fixed dates in each year and on redemption or on such other dates as may be agreed between the Issuer and the relevant Dealer(s) (as indicated in the applicable Final Terms);

  • Fixed Rate Obligation Any Collateral Obligation that bears a fixed rate of interest.

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • Fixed Rate Security means a Security which provides for the payment of interest at a fixed rate.

  • Floating Rate Period shall have the meaning set forth in Section 2.05(b) hereof.

  • Interest Rate Period means any Daily Interest Rate Period, Weekly Interest Rate Period, Short-Term Interest Rate Period, Long- Term Interest Rate Period or ARS Interest Rate Period.

  • Floating Rate Security means a Debt Security that provides for the payment of interest at a variable rate determined periodically by reference to an interest rate index specified pursuant to Section 2.03.

  • Floating Rate Certificate A Certificate that provides for the payment of interest at a Floating Pass-Through Rate determined periodically by reference to a formula specified in the related Supplement.

  • Interest Rate Option means any LIBOR Rate Option or Base Rate Option.

  • Fixed Rate Notes Together, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes.

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • Floating Rate Obligation Any Collateral Obligation that bears a floating rate of interest.

  • Floating Rate Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the Floating Rate.

  • Interest Rate Cap Agreement means, as applicable, an Interest Rate Cap Agreement (together with the confirmation and schedules relating thereto) in form and substance reasonably satisfactory to Lender between Borrower and an Acceptable Counterparty or a Replacement Interest Rate Cap Agreement.

  • Floating Rate Option has the meaning given to it in the ISDA Definitions;

  • Subsequent Fixed Rate Period means for the initial Subsequent Fixed Rate Period, the period commencing on July 1, 2020 and ending on and including June 30, 2025 and for each succeeding Subsequent Fixed Rate Period, the period commencing on the day immediately following the end of the immediately preceding Subsequent Fixed Rate Period and ending on and including June 30 in the fifth year thereafter.

  • Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Fixed Rate Interest Period means the period beginning on (and including) the Issue Date and ending on (but excluding) the first Fixed Rate Interest Payment Date, and each successive period beginning on (and including) a Fixed Rate Interest Payment Date and ending on (but excluding) the next succeeding Fixed Rate Interest Payment Date.

  • Fixed Rate Advances has the meaning specified in Section 2.03(a)(i).

  • 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.

  • Fixed Rate Certificates As specified in the Preliminary Statement.