Fixed Rate Loan definition

Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.
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Fixed Rate Loan means any Eurodollar Loan or Foreign Currency Loan.
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Fixed Rate Loan means a Loan, other than a Floating Rate Loan, where the Loan Rate payable by the Obligor thereunder is expressed as a fixed rate of interest.
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Examples of Fixed Rate Loan in a sentence

  • No Fixed Rate Loan shall be requested or made pursuant to a Standby Borrowing Request.

  • Each Fixed Rate Loan shall bear interest at a rate per annum equal to the Fixed Rate applicable to such Loan.

  • Determination of amounts payable under such Sections in connection with a Fixed Rate Loan shall be calculated as though each Lender funded its Fixed Rate Loan through the purchase of a deposit of the type and maturity corresponding to the deposit used as a reference in determining the Fixed Rate applicable to such Loan, whether in fact that is the case or not.

  • Interest on such LIBOR Fixed Rate Loan shall be payable on each Interest Adjustment Date with respect to an Interest Period (provided that if an Interest Period shall exceed three months, the interest must be paid every three months, commencing three months from the beginning of such Interest Period).

  • Interest on each Fixed Rate Loan shall be calculated on the basis of a year of 360 days for the actual number of days elapsed.


More Definitions of Fixed Rate Loan

Fixed Rate Loan. A Loan other than a Floating Rate Loan.
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Fixed Rate Loan means any Competitive Bid 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 Fixed Rate Loan in its Competitive Bid.
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Fixed Rate Loan means any Collateral Loan that bears a fixed rate of interest.
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Fixed Rate Loan means a Loan at such time as it is made or being maintained at the rate of interest based upon the Fixed Rate.
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Fixed Rate Loan means an Absolute Rate Loan, a Eurocurrency Bid Rate Loan, a Eurocurrency Ratable Loan, or any or all of the foregoing, as the context may require
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Fixed Rate Loan means the Loan bearing interest at the Fixed Rate, or that portion of the Loan that continues to bear interest at the Fixed Rate after the termination of any Interest Make-Up Agreement pursuant to Section 3.3.3.
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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:
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