Fixed Rate of Interest definition

Fixed Rate of Interest means the rate of interest payable from time to time in respect of a Fixed Rate Note or during the Fixed Interest Rate Period in respect of a Fixed/Floating Rate Note and that is either specified in the relevant Pricing Schedule or calculated in accordance with the provisions in the relevant Pricing Schedule.
Fixed Rate of Interest means the fixed rate of interest applicable on the Loan, which is subject to review by USFB.
Fixed Rate of Interest means the fixed rate of interest applicable to the Loan, as set out in the Sanction Letter and Schedule hereto.

Examples of Fixed Rate of Interest in a sentence

  • In the event the Borrower(s) opts for Fixed Rate of Interest, the rate of interest applicable to the Loan, as at the date of execution of this Agreement shall remain fixed over the tenor as specified in the KFS.


More Definitions of Fixed Rate of Interest

Fixed Rate of Interest means the fixed rate of interest applicable on the Facility, which is subject to review by the Bank from time to time, pursuant to the Facility Agreement.
Fixed Rate of Interest means the fixed rate of interest applicable on the Loan, which is subject to review by USFB after the period as specified in the Schedule hereto.
Fixed Rate of Interest means the specific rate of interest applicable on the Loan for specific tenure mentioned in the Schedule.
Fixed Rate of Interest means the rate of interest applicable on the Loan, which is subject to review by RCFL from time to time
Fixed Rate of Interest means (a) in the case of Notes that are Fixed Rate Notes, Fixed Rate/Floating Rate Notes or Floating Rate/Fixed Rate Notes, the rate specified as such in the applicable Pricing Terms, and (b) in the case of Notes that are Fixed Rate/Fixed Rate Notes, (i) with respect to the period beginning on (and including) the Issue Date and ending on (but excluding) the Reset Date, the Initial Rate of Interest, and (ii) with respect to the Reset Period, the greater of (x) the sum of the Reset Margin and the Reset Reference Rate for the Reset Period, and (y) zero.
Fixed Rate of Interest means a fixed rate of 4.875 per cent., per annum.
Fixed Rate of Interest means, in respect of any Interest Period specified under the heading "Interest Period" in the table in the relevant Final Terms, the rate specified under the heading "Fixed Rate of Interest" in such table adjacent to the relevant Interest Period.