Fixed Rate Securities definition

Fixed Rate Securities means an issue of Securities in respect of which interest accrues at a fixed rate as stated in the Issue Terms applicable to such Securities.

Fixed Rate Securities means any Refinancing Securities or Additional Securities issued with a fixed rate of interest.

Fixed Rate Securities means Securities specified as such in the relevant Issue Terms (being Securities in respect of which any Coupon Amount is determined by reference to a fixed rate).

Examples of Fixed Rate Securities in a sentence

• The most material risk of Securities that provide for fixed rate interest payments ("Fixed Rate Securities") is set out first in the following sub-section (i) and that of Securities that provide for floating rate interest payments ("Floating Rate Securities") is set out first in the following sub-section (ii).

• A key difference between Floating Rate Securities and Fixed Rate Securities is that interest income on Floating Rate Securities cannot be anticipated.

• Investors in Fixed Rate Securities are exposed to the risk of subsequent changes in interest rates that may adversely affect the value of their Securities.

• A key difference between Floating Rate Securities and Fixed Rate Securities is that interest income on Floating Rate Securities cannot be determined in advance.

• Investment in Fixed Rate Securities involves the risk that subsequent changes in market interest rates may adversely affect the value of the Fixed Rate Securities.

More Definitions of Fixed Rate Securities

Fixed Rate Securities means any of the Company’s 1% Convertible Subordinated Notes Due June 15, 2008, as amended or supplemented from time to time, that are issued under this Indenture.

Fixed Rate Securities refers to every series of Securities that bears interest at a fixed rate, as provided in the relevant Officer’s Certificate or supplemental indenture.

Fixed Rate Securities means the 8.625% Senior Notes due 2011 issued pursuant to this Indenture, including the Initial Fixed Rate Securities, the Fixed Rate Exchange Securities and the Additional Fixed Rate Securities, if any, treated as a single class.

Fixed Rate Securities means all Securities excluding (i) the Floating Rate Securities, and (ii) any Additional Securities or Exchange Securities that are Floating Rate Securities.

Fixed Rate Securities means the Securities carrying a fixed interest rate on the Cut-off Date, as referred to in Schedule 2 (Description of Securities). Fixed Rate Securities Guaranteed Value means, on any day, the Aggregate Guaranteed Value without taking into account any of the reductions under and including (a) up to and including (d) in such definition of Aggregate Guaranteed Value relating to the Fixed Rate Securities at the Cut-off Date minus (a) the portion of each State Instalment Amount and each Prepayment Amount paid by the State pursuant to Clause 4.1 (Payment of Aggregate Guaranteed Value) or Clause 4.2 (Prepayment and Break Costs) and allocated to the Fixed Rate Securities Guaranteed Value pursuant to Clause 4.1(c) or Clause 4.2(d), as the case may be, up to (but excluding) such date, and (b) the aggregate Principal Amount Outstanding of the IABF Fixed Rate Bonds at such date and (c) the aggregate of amounts not paid when due by ING Bank pursuant to Clause 5.1(d), in respect of IABF Fixed Rate Bonds that have matured. Floating Rate Day Count Fraction means actual/360 (ICMA).

Fixed Rate Securities means the Initial Fixed Rate Securities, the Fixed Rate Private Exchange Notes (as defined in the Registration Rights Agreement) and the Exchange Fixed Rate Securities.

Fixed Rate Securities. See introductory paragraphs hereto. Floating Rate Notes: See introductory paragraphs hereto. Floating Rate Securities: See introductory paragraphs hereto.