Initial Fixed Rate Period definition

Initial Fixed Rate Period means the period commencing on the Issue Date and ending on and including June 30, 2020.
Initial Fixed Rate Period means the period commencing on the Closing Date and ending on and including March 31, 2015.
Initial Fixed Rate Period means the period from and including the date of issue of the Series E Preferred Shares to, but excluding, June 30, 2020.

Examples of Initial Fixed Rate Period in a sentence

  • Adjustable Rate Mortgages (ARMs) Numeric – Decimal 0.0025 or 0.00125 9.999999 ARMs Only Where ARM Round Flag = 1, 2, or 3 >= 0 and < 1 45 Initial Fixed Rate Period For hybrid ARMs, the period between the first payment date of the mortgage and the first interest rate adjustment date.

  • Interest during the Initial Fixed Rate Period shall be calculated on the basis of a 360-day year divided into twelve months of 30 days each and, in the case of an incomplete month, on the basis of the actual number of days elapsed in such period.

  • On expiry of the Initial Fixed Rate Period applicable to each series of Class C LP Units, and each five-year period thereafter, each such series of Class C LP Units is redeemable at par (together with all accrued and unpaid payments thereon) at the option of the Partnership or the holder, upon giving at least 120 days’ prior notice.

  • During the five-year period beginning immediately following the completion of the Initial Fixed Rate Period, and each five-year period thereafter, if not redeemed, the fixed payment rate for Class C LP Units will be reset, and the holders of Class C LP Units will be entitled, subject to certain conditions, to elect either a fixed rate or floating rate option.

  • On each Distribution Payment Date during the Initial Fixed Rate Period (other than March 31, 2016), the Series 3 Distribution will be equal to C$0.34375 per unit.


More Definitions of Initial Fixed Rate Period

Initial Fixed Rate Period means the period from and including the closing date of this offering to but excluding July 31, 2024.
Initial Fixed Rate Period means the period from and including the date of issue of the Series A Preferred Shares to, but excluding, September 30, 2017.
Initial Fixed Rate Period means the period commencing on the Closing Date and ending on and including December 31, 2014.
Initial Fixed Rate Period means the period from and including the closing date of this offering to but excluding October 31, 2019.
Initial Fixed Rate Period means the period from and including the closing date of this offering to, but excluding, February 24, 2014.
Initial Fixed Rate Period means, (i) if the Transfer Date is prior to November 24, 2025, the period from and including the Transfer Date to, but excluding, November 24, 2025 and (ii) if the Transfer Date is on or after November 24, 2025, the period from and including the Transfer Date, to but excluding the first Fixed Period End Date following the Transfer Date.
Initial Fixed Rate Period means the period from and including the date of issue of the Series 1 Shares to but excluding December 1, 2018.