Fixed Rate Certificate definition

Fixed Rate Certificate. A Certificate that provides for a payment of interest at a Fixed Pass-Through Rate.
Fixed Rate Certificate means either a certificate of (a) a Responsible Officer or (b) any Term Loan Lender certifying that the Fixed Rate Modification Event has occurred.
Fixed Rate Certificate. Any of the Class A-1 Certificates or the Class A-2 Certificates.

Examples of Fixed Rate Certificate in a sentence

  • Each Fixed Rate Certificate bears profit on its outstanding face amount from the Profit Commencement Date at the rate per annum (expressed as a percentage) equal to the Profit Rate, such profit being payable in arrear on each Periodic Distribution Date.

  • With respect to any Fixed Rate Certificate, as defined in the related Series Supplement.

  • The Administrative Agent shall not be responsible for or have any duty to request any Fixed Rate Certificate or Additional Term Loan Prepayment Extension Certificate or ascertain or inquire into any Fixed Rate Certificate or Additional Term Loan Prepayment Extension Certificate or the contents of any Fixed Rate Certificate or Additional Term Loan Prepayment Extension Certificate.

  • For Fixed Rate Certificate Accounts the dividend rate and annual percentage yield are fixed and will be in effect for the term of the account.

  • The Administrative Agent shall be entitled to rely upon, and shall not incur any liability for relying upon, any Fixed Rate Certificate or Additional Term Loan Prepayment Extension Certificate.


More Definitions of Fixed Rate Certificate

Fixed Rate Certificate. A Certificate that provides for a payment of interest at a Fixed Certificate Rate.
Fixed Rate Certificate. As specified in the Preliminary Statement.
Fixed Rate Certificate. Not applicable.
Fixed Rate Certificate means a Certificate the interest component of which is determined at the Fixed Rate.
Fixed Rate Certificate. “Floating Pass Through Rate”;
Fixed Rate Certificate. A Multi-Class Certificate on which interest accrues at the fixed rate specified in Section 1.05 and in such Certificate for the entire term of such Certificate.
Fixed Rate Certificate. Any Class M2, Class M3, Class B1 or Class B2 Certificate.