Monthly Fixed Rate definition

Monthly Fixed Rate means, in respect of any Relevant Period, the weighted average of the interest rates in respect of the Fixed Rate Loans in the Mortgage Pool on the first day of such Relevant Period.
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Examples of Monthly Fixed Rate in a sentence

  • Monthly Fixed Rate Payer Payment Dates: Each Distribution Date and the Termination Date, subject to adjustment in accordance with the Following Business Day Convention.

  • Monthly Fixed Rate Crediting Amount", for a calendar month, will be equal to the sum of all Monthly Individual Fixed Rate Crediting Amounts.

  • LIMITED, ABN 88 064 133 946 By:______________________________ (Authorised Officer) Name: ____________________________ Title: ___________________________ Annexure 2A Form of Confirmation for Monthly Fixed Rate Swap - Series 2001-1G Medallion Trust [Commonwealth Bank of Australia Letterhead] [DATE] To: Perpetual Trustee Company Limited Securitisation Advisory Services Pty.

  • G shall pay Air Amazonia the Monthly Fixed Rate regardless of the number of Flight Hours flown during each month.

  • LIMITED, ABN 88 064 133 946 By: _______________________________ (Authorised Officer) Name: _______________________________ Title: _______________________________ Annexure 2A Form of Confirmation for Monthly Fixed Rate Swap - Series [ ] Medallion Trust [Commonwealth Bank of Australia Letterhead] [DATE] To: Perpetual Trustee Company Limited Securitisation Advisory Services Pty.

Related to Monthly Fixed Rate

  • Basic Rate means the applicable basic minimum wage rate prevailing on the date 28 days prior to the latest date for submission of Tenders, by reason of any National or State Statute or Ordinance.

  • Reference Interest Rate means the following rate (expressed as a percentage rate per annum) for deposits in the currency of the Strike Price: the Reference Interest Rate specified in the Table which has been published on the screen page specified in the Table (the "Screen Page") (or on a screen page replacing such screen page) on the immediately preceding Reset Date, provided that if such day is a Monday, the relevant day will be the immediately preceding Friday; all as determined by the Determination Agent.

  • Monthly Payment Rate means, for any Monthly Period, a fraction (expressed as a percentage), (a) the numerator of which is the Principal Collections during such Monthly Period, and (b) the denominator of which is the Combined Outstanding Principal Balances as of the beginning of such Monthly Period.

  • Annual Interest Rate in accordance with the rate applicable to the equal instalment financing plan in effect on the conversion date, up to a maximum of 19.90%.

  • Base Interest Rate means a rate of interest based on the LIBOR-Rate. "Base Interest Rate Loan" means amounts outstanding under this note that bear interest at a Base Interest Rate. "Base Rate Maturity Date" means the last day of the Interest Period with respect to principal outstanding under a Base Interest Rate Loan. "Business Day" means a day on which Bank is open for business for the funding of corporate loans, and, with respect to the rate of interest based on the LIBOR Rate, on which dealings in U.S. dollar deposits outside of the United States may be carried on by Bank. "Interest Period" means with respect to funds bearing interest at a rate based on the LIBOR Rate, any calendar period of one, three, six, nine or twelve months. In determining an Interest Period, a month means a period that starts on one Business Day in a month and ends on and includes the day preceding the numerically corresponding day in the next month. For any month in which there is no such numerically corresponding day, then as to that month, such day shall be deemed to be the last calendar day of such month. Any Interest Period which would otherwise an on a non-Business Day shall end on the next succeeding Business Day unless that is the first day of a month, in which event such Interest Period shall end on the next preceding Business Day. "LIBOR Rate" means a per annum rate of interest (rounded upward, if necessary, to the nearest 1/100 of 1%) at which dollar deposits, in immediately available funds and in lawful money of the United Sates would be offered to Bank, outside of the United Sates, for a term coinciding with the Interest Period selected by Debtor and for an amount equal to the amount of principal covered by Debtors' interest rate selection, plus Bank's costs, including the costs, if any, of reserve requirements. "Origination Date" means the first day of the Interest Period. "Reference Rate" means the rate announced by Bank from time to time at its corporate headquarters as its Reference Rate. The Reference Rate is an index rate determined by Bank from time to time as a means of pricing certain extensions of credit and is neither directly tied to any external rate of interest or index nor necessarily the lowest rate of interest or index nor necessarily the lowest rate of interest charged by Bank at any given time.