Fixed Rate Obligation definition

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

Fixed Rate Obligation means any Collateral Loan that bears a fixed rate of interest.

Fixed Rate Obligation means any Collateral Asset that bears a fixed rate of interest.

Examples of Fixed Rate Obligation in a sentence

• Any Deferrable Obligation the Underlying Instrument of which carries a current cash pay interest rate of not less than (a) in the case of a Floating Rate Obligation, LIBOR plus 1.00% per annum or (b) in the case of a Fixed Rate Obligation, the zero-coupon swap rate in a fixed/floating interest rate swap with a term equal to five years.

• Any Deferrable Obligation that (or the Underlying Instrument of which) carries a current cash pay interest rate of not less than (a) in the case of a Floating Rate Obligation, LIBOR plus 1.00% per annum or (b) in the case of a Fixed Rate Obligation, the zero-coupon swap rate in a fixed/floating interest rate swap with a term equal to five years.

• As of any Measurement Date, the sum of the productsobtained by multiplying, in the case of each Fixed Rate Obligation (including, for any Deferrable Obligation, only the required current cash pay interest required by the Underlying Instruments thereon), (i) the stated coupon on such Collateral Obligation expressed as a percentage and (ii) the Principal Balance of such Collateral Obligation.

• As of any Measurement Date, the sum of the productsobtained by multiplying, in the case of each Fixed Rate Obligation (including, for any Deferrable SecurityObligation, only the required current cash pay interest required by the Underlying Instruments thereon), (i) the stated coupon on such Collateral Obligation expressed as a percentage and (ii) the Principal Balance of such Collateral Obligation.

• Any Deferrable Security the Underlying Instrument of which carries a current cash pay interest rate of not less than (a) in the case of a Floating Rate Obligation, LIBOR plus 1.00% per annum or (b) in the case of a Fixed Rate Obligation, the zero-coupon swap rate in a fixed/floating interest rate swap with a term equal to five years.

More Definitions of Fixed Rate Obligation

Fixed Rate Obligation means any Collateral Loan that bears a fixed rate of interest. “Floating Rate Obligation” means any Collateral Loan that bears a floating rate of interest. “Floor Obligation” means, as of any date:

Fixed Rate Obligation means any Eligible Collateral Obligation other than a Floating Rate Obligation.

Fixed Rate Obligation means an Obligation substantially in the form of Exhibit A to Supplement No. 2 to Indenture, appropriately completed.

Fixed Rate Obligation. Any Collateral Obligation that bears a fixed rate of interest. "Floating Rate Debt": Any Debt bearing interest at a floating rate. "Floating Rate Obligation": Any Collateral Obligation that bears a floating rate of interest. "FRB": The meaning specified in the definition of the term "Deliver". "GAAP": The generally accepted accounting principles (as in effect in the United States).

Fixed Rate Obligation. Any Collateral Obligation that bears a fixed rate of interest. “Floating Rate Debt”: Collectively, each Class of Debt that bears a floating rate of interest, which as of the Closing Date shall be each Class of Debt other than the Class A-1F Notes and the Subordinated Notes. “Floating Rate Obligation”: Any Collateral Obligation that bears a floating rate of interest. “Flowthrough Entity”: The meaning specified in Section 2.12(g)(i). “GAAP”: The meaning specified in Section 6.3(j). “Global Note”: Any Rule 144A Global Note or Regulation S Global Note. “Governmental Authority”: Whether U.S. or non-U.S., (i) any national, state, county, municipal or regional government or quasi-governmental authority or political subdivision thereof; (ii) any agency, regulator, arbitrator, board, body, branch, bureau, commission, corporation, department, master, mediator, panel, referee, system or instrumentality of any such government or quasi-government entity, or political subdivision thereof; and (iii) any court. “Grant” or “Granted”: To grant, bargain, sell, convey, assign, transfer, mortgage, pledge, create and grant a security interest in and right of setoff against, deposit, set over and confirm. A Grant of the Assets, or of any other instrument, shall include all rights, powers and options (but none of the obligations) of the granting party thereunder, including, the immediate continuing right to claim for, collect, receive and receipt for principal and interest payments in respect of the Assets, and all other Monies payable thereunder, to give and receive notices and other communications, to make waivers or other agreements, to exercise all rights and options, to bring Proceedings in the name of the granting party or otherwise, and generally to do and receive

Fixed Rate Obligation. Any Collateral Obligation that bears a fixed rate of interest. “Floating Rate Notes”: Any Notes bearing interest at a floating rate. “Floating Rate Obligation”: Any Collateral Obligation that bears a floating rate of interest.

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. “Flowthrough Entity”: The meaning specified in Section 2.12(g)(i). “GAAP”: The meaning specified in Section 6.3(j). “Global Note”: Any Rule 144A Global Note or Regulation S Global Note. “Governmental Authority”: Whether U.S. or non-U.S., (i) any national, state, county, municipal or regional government or quasi-governmental authority or political subdivision thereof; (ii) any agency, regulator, arbitrator, board, body, branch, bureau, commission, corporation, department, master, mediator, panel, referee, system or instrumentality of any such government or quasi-government entity, or political subdivision thereof; and (iii) any court. “Grant” or “Granted”: To grant, bargain, sell, convey, assign, transfer, mortgage, pledge, create and grant a security interest in and right of setoff against, deposit, set over and confirm. A Grant of the Assets, or of any other instrument, shall include all rights, powers and options (but none of the obligations) of the granting party thereunder, including, the immediate continuing right to claim for, collect, receive and receipt for principal and interest payments in respect of the Assets, and all other Monies payable thereunder, to give and receive notices and other communications, to make waivers or other agreements, to exercise all rights and options, to bring Proceedings in the name of the granting party or otherwise, and generally to do and receive anything that the granting party is or may be entitled to do or receive thereunder or with respect thereto. “Group I Country”: The Netherlands, Australia, Japan, Singapore, New Zealand and the United Kingdom. “Group II Country”: Germany, Sweden and Switzerland. “Group III Country”: Austria, Belgium, Denmark, Finland, France, Liechtenstein, Luxembourg and Norway.