Examples of Fixed Rate Margin in a sentence
The term "Fixed Rate Margin" shall mean three and three-quarters (3.75) percentage points.
Subject to Sections 2.4(d) and 2.4(h), Fixed Rate Portions shall bear interest on the unpaid principal amount thereof during the Fixed Rate Period applicable thereto at a rate per annum equal to the sum of the Fixed Rate for such Fixed Rate Period plus the Applicable Fixed Rate Margin.
The available Borrowing Base (as redetermined pursuant to adjustments in the Loan Value from time to time pursuant to Article III of the Loan Agreement) calculated on each semi-annual Redetermi nation Date shall be reduced by the Fixed Rate Margin Reduction as determined by the Majority Banks effective as of each semi-annual Redetermination Date.
Section 4.1 is amended by (a) deleting --------------------------- the language "the Floating Rate Margin from time to time in effect" from clause (a) thereof and substituting "0.375%" therefor; and (b) deleting the language "the Fixed Rate Margin from time to time in effect" from clause (b) thereof and substituting "2.25%" therefor.
Our learned bug detectors find code quality problems because such problems often correspond to unusual code that diverges from a common coding idiom.•False positive.