Fixed Rate Loan definition
Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.
Fixed Rate Loan means a Loan which bears interest at a Fixed Rate.
Fixed Rate Loan means any Competitive Loan bearing interest at a fixed percentage rate per annum (expressed in the form of a decimal to no more than four decimal places) specified by the Lender making such Loan in its Competitive Bid.
Examples of Fixed Rate Loan in a sentence
Except as otherwise provided herein, a Fixed Rate Loan may be continued or converted only on the last day of the applicable interest period for such Loan.
With respect to the Term Loan X, after giving effect to all Borrowings thereof, all conversions from one Type to another, and all continuations of such Loan as the same Type, there shall not be (a) more than four separate Fixed Rate Loan and/or Term SOFR Loan segments in effect at any one time and (b) any Fixed Rate Loan and/or Term SOFR Loan segments with a value of less than $20,000,000.
More Definitions of Fixed Rate Loan
Fixed Rate Loan means a Eurodollar Loan or an Alternate Currency Loan.
Fixed Rate Loan. A Loan other than a Floating Rate Loan.
Fixed Rate Loan a Competitive Loan bearing interest at a Fixed Rate.
Fixed Rate Loan means any Eurodollar Loan or Foreign Currency Loan.
Fixed Rate Loan means a Loan that bears interest at a Fixed Rate, as specified in the applicable Final Confirmation. Floating Rate means, for each day during any Loan Accrual Period:
Fixed Rate Loan means any LIBO Rate Loan.
Fixed Rate Loan means any LIBO Rate Loan or NIBO Rate Loan.