Fixed Rate Lease definition

Fixed Rate Lease means a Lease accruing finance charges at a fixed rate per annum.
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Fixed Rate Lease means any Portfolio Lease where the calculation of “Basic Rent” (howsoever defined in such Portfolio Lease), is fixed in respect of each date upon which such Basic Rent is payable from the applicable date of the commencement of the leasing of the Aircraft pursuant to such Portfolio Lease until the scheduled date of termination of such leasing.
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Examples of Fixed Rate Lease in a sentence

  • In the following table we will provide the Geared to Future Retrofit Cost Reserve balance compared to charging the tenant a Fixed Rate Lease for 40 years of which $34,650 per year would be invested in the retrofit account reserve.

  • On the first day of the first Calculation Period on which there are any New Fixed Rate Leases, the Counterparty agrees to pay to JPMorgan Chase an amount, to be determined by JPMorgan Chase on a reasonably commercial basis, equal to the premium that would have been payable by the Counterparty to obtain a Notional Lease Rate Cap with respect to each such New Fixed Rate Lease on the date that is two Business Days prior to such first day.

  • For example, the Refugee Division uses pre-departure briefings for its officers.

  • On September 11, 2007 the PAID Board approved the issuance of Fixed Rate Lease Revenue Refunding Bonds, 2007 Series A in the aggregate principal amount of $50,320,000 and Variable Rate Multi-Modal Lease Revenue Refunding Bonds, 2007 Series B in the aggregate principal amount of $289,675,000 (collectively the “2007 Bonds”).

  • On the first day of the first Calculation Period on which there are any New Fixed Rate Leases, the Counterparty agrees to pay to JPMorgan Chase an amount, to be determined by JPMorgan Chase on a reasonably commercial basis, equal to the premium that would have been payable by the Counterparty to obtain a Notional Lease Rate Cap with respect to each such New Fixed Rate Lease on the two Business Days prior to such first day.

  • Motion Second Vote 4.7-CResolution #10-07 Refinance Existing Certificate of Participation with a Fixed Rate Lease with Capital OneStaff Recommendation:Adopt Resolution #10-07 refinance existing Certificate of Participation with a fixed rate lease with Capital One.

  • Rockford Lease Backed Trust 1997-1 Fixed Rate Lease Receivables-Backed Senior Certificates (Class A) Evidencing an undivided interest in a trust, the corpus of which consists of a portfolio of Lease Contracts and interests in Equipment and certain related property, as more fully described in the Pooling and Servicing Agreement referred to herein.

  • On the first day of the first Calculation Period on which there are any New Fixed Rate Leases, the Counterparty agrees to pay to Bank of America an amount, to be determined by Bank of America on a reasonably commercial basis, equal to the premium that would have been payable by the Counterparty to obtain a Notional Lease Rate Cap with respect to each such New Fixed Rate Lease on the date that is two Business Days prior to such first day.

  • On the first day of the first Calculation Period on which there are any New Fixed Rate Leases, the Counterparty agrees to pay to Chase an amount, to be determined by Chase on a reasonably commercial basis, equal to the premium that would have been payable by the Counterparty to obtain a Notional Lease Rate Cap with respect to each such New Fixed Rate Lease on the two Business Days prior to such first day.

Related to Fixed Rate Lease

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

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Fixed Rate Term means a period commencing on a Business Day and continuing for 1, 2 or 3 months, as designated by Borrower, during which all or a portion of the outstanding principal balance of this Note bears interest determined in relation to LIBOR; provided however, that no Fixed Rate Term may be selected for a principal amount less than $100,000.00; and provided further, that no Fixed Rate Term shall extend beyond the scheduled maturity date hereof. If any Fixed Rate Term would end on a day which is not a Business Day, then such Fixed Rate Term shall be extended to the next succeeding Business Day.

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

  • Floating Rate Advance means an Advance which bears interest at the Floating Rate.

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

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

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

  • 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.

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

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

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

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • Fixed Interest Period means the period from (and including) an Interest Payment Date (or the Interest Commencement Date) to (but excluding) the next (or first) Interest Payment Date; and

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

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

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

  • Floating Rate Interest Period means each period commencing on the date of the Closing and, thereafter, commencing on a Floating Rate Interest Payment Date and continuing up to, but not including, the next Floating Rate Interest Payment Date.

  • Rate Option means the Eurodollar Rate or 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 Period shall have the meaning set forth in Section 2.05(b) hereof.

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

  • Subsequent Fixed Rate Period means for the initial Subsequent Fixed Rate Period, the period commencing on April 1, 2022 and ending on and including March 31, 2027 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 March 31 in the fifth year thereafter.

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

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(ii).