Fixed Rate Term Loan definition

Fixed Rate Term Loan means any drawdown in Canadian dollars under a Credit Facility at an interest rate which is fixed for a Rate Term at such rate as is determined by the Bank as its sole discretion.

Fixed Rate Term Loan means any Term Loan bearing interest at a rate determined by reference to the Fixed Rate in accordance with the provisions of Article II.

Fixed Rate Term Loan means, collectively, the Tranche B-5 Term Loans and any other Class of Term Loans bearing a fixed rate of interest.

Examples of Fixed Rate Term Loan in a sentence

• The Bishop of Bath & Wells (Rt Revd Peter Hancock) replied on behalf of the Chair of the House of Bishops: Since the publication of the Elliott Review in March 2016, the role of the NST has been defined within House of Bishops practice guidance, “Key Roles and Responsibilities of Church Office Holders and Bodies”, October 2017.

• The contracts effectively swapped the Group’s JPY6.0 billion 30-year Fixed Rate Term Loan due 2038 into USD55 million liability and serve as a cashflow hedge for the Group’s principal repayment for the JPY loan obtained.

• The contracts effectively swapped the Group’s JPY15.0 billion 30-year Fixed Rate Term Loan due 2037 into USD128 million liability.

• The contracts effectively swapped the Group’s USD100 million 3-year Fixed Rate Term Loan into RM352 million liability.There is minimal credit risk as the swaps were entered into with reputable banks.

• The contracts effectively swapped the Group’s JPY6.0 billion 30-year Fixed Rate Term Loan due 2038 into USD55 million liability.

More Definitions of Fixed Rate Term Loan

Fixed Rate Term Loan is defined in section 3.07;

Fixed Rate Term Loan means an advance made by any Fixed Rate Term Lender under the Fixed Rate Term Facility.

Fixed Rate Term Loan means any drawdown under a Facility at an interest rate which is fixed for a Rate Term at such rate as is determined by the Bank at its sole discretion. 

Fixed Rate Term Loan means, collectively, the Term B-2 Loans and any other Class of Term B Loans established following the Closing Date that bears interest at a fixed interest rate.

Fixed Rate Term Loan means the fixed rate loan portion of the Loan Facility, amounting to approximately HK$12.2 billion, which is initially drawn down on the Listing Date;

Fixed Rate Term Loan means any drawdown under a Facility at an interest rate which is fixed for a Rate Term at such rate as is determined by the Bank at its sole discretion.

Fixed Rate Term Loan means, at any time, the unpaid principal balance of the Term Loan equal to the lesser of (i) $20,000,000 and (ii) the unpaid principal balance of the Term Loan outstanding at such time.