Fixed Rate Consignment definition

Fixed Rate Consignment means the consignment of Precious Metal by the Consignor to the Company under the Consignment Facility which bears a Fixed Consignment Fee.
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Fixed Rate Consignment means a Consignment bearing a Fixed Consignment Fee.
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Fixed Rate Consignment means a consignment of Precious Metal by HSBC to the Company under the Consignment Facility bearing a Fixed Consignment Fee.
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Examples of Fixed Rate Consignment in a sentence

  • In the event, prior to the commencement of any Fixed Rate Period relating to any Fixed Rate Consignment, the Metal Lender shall determine in good faith that adequate and reasonable methods do not exist for ascertaining the Fixed Consignment Fee that would otherwise determine the Fixed Rate Consignment during any Fixed Rate Period, the Metal Lender shall forthwith give notice of such determination (which shall be conclusive and binding on the Customer) to the Customer.

  • If HSBC determines that because of a change in circumstances Fixed Rate Consignments are again available to the Company hereunder, HSBC will so advise the Company, and the Company may convert the Variable Rate Consignments to a Fixed Rate Consignment at any time (provided that Fixed Rate Consignments are otherwise available hereunder) by making such election in accordance with, and subject to the conditions hereof.

  • In such event, (a) any request for a Fixed Rate Consignment shall be automatically withdrawn, (b) each Fixed Rate Consignment will automatically, on the last day of the then current Consignment Period thereof, become due and payable, and (c) the obligations of the Consignor to make Fixed Rate Consignments shall be suspended until the Consignor determines that the circumstances giving rise to such suspension no longer exist, whereupon the Consignor shall so notify the Company.

  • In the event, prior to the commencement of any Consignment Period relating to any Fixed Rate Consignment, the Consignor shall determine in good faith that adequate and reasonable methods do not exist for ascertaining the Fixed Consignment Fee that would otherwise determine the rate of interest to be applicable to any Fixed Rate Consignment during any Consignment Period, the Consignor shall forthwith give notice of such determination (which shall be conclusive and binding on the Company) to the Company.

  • If HSBC notifies Sensata that because of a change in circumstances Fixed Rate Consignments are again available to Sensata, Sensata will so advise the Company, and the Company may convert the Variable Rate Consignments to a Fixed Rate Consignment at any time (provided that Fixed Rate Consignments are otherwise available hereunder) by making such election in accordance with, and subject to the conditions hereof.

  • If for any reason HSBC is unable to offer Sensata a Fixed Consignment Fee or the continuation of an existing Fixed Consignment Fee, then any Fixed Rate Consignment shall be converted automatically to Variable Rate Consignments.

  • Subject to the provisions hereof, a Fixed Rate Consignment may be rolled over upon the expiration of its Consignment Period by giving HSBC notice by telephone or telecopier of the Companies’ decision to roll over an outstanding consignment (a) no later than 1:00 p.m. (New York time) on the day such election is effective.

  • Rate Consignment may be rolled over to a Fixed Rate Consignment with a Consignment Period of more than one (1) week when there has occurred an Event of Default hereunder without HSBC’s consent, but shall be automatically converted to a Fixed Rate Consignment with a Consignment Period of one (1) week on the last day of its Consignment Period.

  • They can also have lower inter-parental conflict levels and be more child-oriented in general.

  • In the event, prior to the commencement of any Fixed Rate Period relating to any Fixed Rate Consignment, the applicable Metal Lender shall determine in good faith that adequate and reasonable methods do not exist for ascertaining the Fixed Consignment Fee that would otherwise determine the Fixed Rate Consignment during any Fixed Rate Period, the applicable Metal Lender shall forthwith give notice of such determination (which shall be conclusive and binding on the Customer) to the Customer.


More Definitions of Fixed Rate Consignment

Fixed Rate Consignment means a consignment of Precious Metal by HSBC to the Companies under the Consignment Facility bearing a Fixed Consignment Fee.
Sample 1Sample 2
Fixed Rate Consignment means a Consignment bearing a Fixed Consignment Fee. “ Fixed Rate Gold Loan ” means a Gold Loan bearing a Fixed Gold Loan Fee.
Sample 1

Related to Fixed Rate Consignment

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

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

  • Interest Rate Contracts means all interest rate swap agreements, interest rate cap agreements, interest rate collar agreements and interest rate insurance.

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

  • Interest Rate Contract means any interest rate swap agreement, interest rate cap agreement, interest rate floor agreement, interest rate collar agreement, interest rate option or any other agreement regarding the hedging of interest rate risk exposure executed in connection with hedging the interest rate exposure of any Person and any confirming letter executed pursuant to such agreement, all as amended, restated, supplemented or otherwise modified from time to time.

  • Secured Rate Contract means any Rate Contract between Borrower and the counterparty thereto, which (i) has been provided or arranged by GE Capital or an Affiliate of GE Capital, or (ii) Agent has acknowledged in writing constitutes a “Secured Rate Contract” hereunder.

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

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

  • Fixed Rate Certificates As specified in the Preliminary Statement.

  • Interest Rate Hedge Agreement any interest rate swap agreement, interest rate cap, collar or other arrangement between the Borrower and a Hedge Provider, consisting of a “Master Agreement” in a form published by the International Swaps and Derivatives Association, Inc., together with a “Schedule” thereto in substantially such form as the Program Agent shall have approved, each “Confirmation” thereunder confirming the terms of each transaction thereunder and any credit support annex and schedule thereto.

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

  • Floating Rate Certificates The Class A Certificates and the Mezzanine Certificates.

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

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

  • 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.

  • Interest Hedge Agreement means an interest rate protection agreement that may be entered into between the Borrower and an Interest Hedge Counterparty on or after the Closing Date, for the sole purpose of hedging interest rate risk between the portfolio of Collateral Loans and the Loans, as amended from time to time in accordance with the terms thereof, with respect to which the Rating Condition is satisfied.

  • 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.

  • 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.

  • Conversion to Fixed Interest Rate With respect to each Adjustable Rate Mortgage Loan, the Mortgage Loan is not a Convertible Mortgage Loan;

  • Swap Agreement Obligations means any and all obligations of the Loan Parties and their Subsidiaries, whether absolute or contingent and howsoever and whensoever created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor), under (a) any and all Swap Agreements permitted hereunder with a Lender or an Affiliate of a Lender, and (b) any and all cancellations, buy backs, reversals, terminations or assignments of any such Swap Agreement transaction.

  • Replacement Interest Rate Cap Agreement means an interest rate cap agreement from an Acceptable Counterparty with terms identical to the Interest Rate Cap Agreement except that the same shall be effective in connection with replacement of the Interest Rate Cap Agreement following a downgrade, withdrawal or qualification of the long-term unsecured debt rating of the Counterparty; provided that to the extent any such interest rate cap agreement does not meet the foregoing requirements, a “Replacement Interest Rate Cap Agreement” shall be such interest rate cap agreement approved in writing by each of the Rating Agencies and Lender with respect thereto.

  • 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.

  • Floating Rate Classes The Classes designated as either “Floating Rate” or “Inverse Floating Rate” in the Prospectus Supplement.