Rate Type means the Adjusted LIBO Rate, the Base Rate or the CP Rate.
Interest Rate Contracts means all interest rate swap agreements, interest rate cap agreements, interest rate collar agreements and interest rate insurance.
Fixed Rate Term means a period commencing on a Business Day and continuing for 1, 2 or 3 months, as designated by Borrower, during which all or a portion of the outstanding principal balance of this Note bears interest determined in relation to LIBOR; provided however, that no Fixed Rate Term may be selected for a principal amount less than $100,000.00; and provided further, that no Fixed Rate Term shall extend beyond the scheduled maturity date hereof. If any Fixed Rate Term would end on a day which is not a Business Day, then such Fixed Rate Term shall be extended to the next succeeding Business Day.
Benchmark Rate means, with respect to any Redemption Date, the rate per annum equal to the annual equivalent yield to maturity or interpolated maturity of the Comparable Benchmark Issue (as defined below), assuming a price for the Comparable Benchmark Issue (expressed as a percentage of its principal amount) equal to the Comparable Benchmark Price for such Redemption Date.
Interest Rate Contract means any interest rate swap agreement, interest rate cap agreement, interest rate floor agreement, interest rate collar agreement, interest rate option or any other agreement regarding the hedging of interest rate risk exposure executed in connection with hedging the interest rate exposure of any Person and any confirming letter executed pursuant to such agreement, all as amended, restated, supplemented or otherwise modified from time to time.
T-Bill Rate means, for any Quarterly Floating Rate Period, the average yield expressed as a percentage per annum on three-month Government of Canada Treasury Bills, as reported by the Bank of Canada, for the most recent treasury bills auction preceding the applicable Floating Rate Calculation Date.
Interest Rate Option means any LIBOR Rate Option or Base Rate Option.
Benchmarked Rates means the Framework Prices for the Benchmarked Goods and/or Services
Interest Rate Period means that period of time for which the interest rate with respect to the Bonds has been determined by the Remarketing Agent or otherwise as provided in the definition of the applicable Interest Rate Mode, commencing on the applicable Interest Rate Adjustment Date, and terminating on the day immediately preceding the following Interest Rate Adjustment Date, if any.
Original Benchmark Rate on any day means (subject to § 3(4)) the [1 / 3 / 6 / 12]-month Euro Interbank Offered Rate (expressed as a percentage rate per annum) fixed at, and appearing on the Screen Page as of, 11:00 a.m. (Brussels time) on such day.
Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;
Adjustable Rate Mortgage Loan A Mortgage Loan serviced pursuant to this Agreement under which the Mortgage Interest Rate is adjusted from time to time in accordance with the terms and provisions of the related Mortgage Note.
Alternative Benchmark Rate means an alternative benchmark or screen rate which is customarily applied in international debt capital markets transactions for the purposes of determining floating rates of interest (or the relevant component part thereof) in the Specified Currency, provided that all determinations will be made by the Independent Adviser in its reasonable discretion.
Loan Terms means and refers collectively to (a) all the terms and conditions set out in the Application Form, (b) these General Terms and Conditions, and (d) all terms and conditions specified in the other Loan Documents.
engine type means a category of engines which do not differ in essential engine characteristics.
Interest Rate or Currency Protection Agreement of any Person means any forward contract, futures contract, swap, option or other financial agreement or arrangement (including caps, floors, collars and similar agreements) relating to, or the value of which is dependent upon, interest rates or currency exchange rates or indices.
Interest Rates Annual Percentage Rates (APRs) - The APR corresponds to the Daily Periodic Rate (“DPRs”): the APR is equal to the DPR multiplied by 365, and the DPR is equal to the APR divided by 365. Interest charges are calculated by using the DPR. If a rate is a variable rate, we calculate that APR by adding together an index and a margin. For more information on variable rates, please refer to Section 11 (c). We add transactions and fees to your daily balance no earlier than: For new Purchases, Balance Transfers or Cash Advances – the date of the transaction. For new Bank Card Checks - the date the payee deposits the check. Fees – either on the date of a related transaction, the date they are posted to your Account, or the last day of the billing cycle, whichever we may choose. The balances subject to interest rate for each type of transaction shown on your billing statement is the sum of the daily balances for that type of transaction divided by the number of days in the billing cycle. We may use mathematical formulas that produce equivalent results to calculate the balance subject to interest rate, interest charges andrelated amounts.
LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR, as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at or about 11:00 a.m., London time, two (2) London Banking Days prior to such day, for U.S. Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate will be deemed zero for purposes of this Agreement.
Successor Benchmark Rate means a successor to or replacement of the Original Benchmark Rate which is formally recommended by any Relevant Nominating Body.
Fixed Rate Mortgage Loan A fixed rate mortgage loan purchased pursuant to this Agreement.
Rate Period has the meaning set forth in the Statement.
Rate Option means the Eurodollar Rate or the Floating Rate.
Loan Type Each Mortgage Loan is a [Adjustable Rate] [Balloon] [Fixed Rate] Mortgage Loan.
Fixed Rate Security means a Debt Security which provides for the payment of interest at a fixed rate.
Prop Type Sr Lien: Orig Amount: P&&I: Cr. Score: Sevicer Loan Prod Code: Rem Term: Occp Code: Appr Value: Note Date: Debt Ratio: City Stat Zip Purpose: Curr Rate: CLTV: Prin Bal: Maturity Date: Lien Pos: 8310314 180 14 $199,736.00 $64,000.00 $757.84 689 0301135240 6 179 1 $211,060.00 04/10/2002 44 York PA 17402 02 11.750 125 $64,000.00 04/10/2017 2 8310320 180 14 $49,966.51 $49,966.51 $624.00 665 0301144713 6 179 1 $152,000.00 04/19/2002 44 Northfield MN 55057 02 12.750 66 $49,779.71 04/24/2017 2 8310324 240 14 $164,190.55 $50,000.00 $612.71 670 0301131181 9 239 1 $185,000.00 04/17/2002 32 utica NE 68456 02 13.750 116 $50,000.00 04/29/2022 2 8310326 180 14 $130,537.00 $50,000.00 $653.32 673 0301135828 6 179 1 $165,650.00 04/25/2002 33 Mount Juliet TN 37122 02 13.630 109 $50,000.00 04/30/2017 2 8310340 300 14 $94,081.00 $27,500.00 $303.96 734 0301114781 8 300 1 $103,000.00 05/03/2002 38 COCOA FL 32927 02 12.700 119 $27,487.08 05/08/2027 2 8310346 180 14 $53,617.53 $30,000.00 $362.47 696 0301107280 6 179 1 $75,000.00 04/12/2002 21 pierceton IN 46562 02 12.130 112 $29,940.66 04/24/2017 2 8310350 180 14 $36,553.00 $35,000.00 $419.83 695 0301125332 6 179 1 $58,000.00 04/18/2002 17 WICHITA KS 67211 02 11.990 124 $35,000.00 04/23/2017 2 8310356 120 14 $135,089.00 $60,000.00 $830.75 698 0301117271 5 119 1 $170,000.00 04/24/2002 35 Lexington KY 40503 02 11.130 115 $60,000.00 04/29/2012 2 8310360 180 14 $189,663.00 $31,000.00 $423.31 655 0301107199 6 179 1 $180,000.00 04/15/2002 27 Landover MD 20785 02 14.500 123 $30,915.98 04/19/2017 2 8310380 180 14 $91,959.46 $35,000.00 $501.90 640 0301116232 6 179 1 $111,000.00 04/17/2002 45 norman OK 73071 02 15.500 115 $34,950.18 04/23/2017 2 8310382 181 14 $137,148.00 $38,000.00 $417.12 773 0301131132 6 180 1 $147,000.00 04/16/2002 38 apache junction AZ 85220 02 10.380 120 $38,000.00 05/06/2017 2 8310404 181 14 $138,360.00 $34,200.00 $469.91 671 0301121828 6 180 1 $139,000.00 04/30/2002 50 BATTLE GROUND WA 98604 02 14.630 125 $34,146.90 05/06/2017 2 8310408 301 16 $246,163.93 $33,500.00 $346.66 664 0301116125 8 300 1 $259,900.00 04/05/2002 44 rancho santa margarita CA 92688 02 11.750 108 $33,481.36 05/24/2027 2 8310412 180 14 $131,860.00 $45,600.00 $500.53 718 0301117909 6 179 1 $142,500.00 04/24/2002 40 Eagle Point OR 97524 02 10.380 125 $45,493.72 04/29/2017 2 8310414 240 14 $212,967.02 $26,803.79 $323.62 715 0301145686 9 239 1 $236,035.00 04/22/2002 50 Brooklyn NY 11234 02 13.500 102 $26,803.79 04/26/2022 2 8310424 180 14 $99,740.00 $35,000.00 $408.87 691 0301119814 6 179 1 $131,000.00 04/23/2002 30 Maurertown VA 22644 02 11.500 103 $35,000.00 04/29/2017 2 8310434 180 14 $171,255.00 $45,600.00 $509.73 720 0301120051 6 179 1 $174,000.00 04/24/2002 37 Coventry CT 06238 02 10.700 125 $45,600.00 04/29/2017 2 8310436 180 14 $169,972.55 $41,328.05 $620.00 667 0301144986 6 179 1 $183,734.00 04/18/2002 45 Monroe WA 98272 02 16.450 116 $41,210.95 04/23/2017 2 8310444 180 14 $68,962.00 $63,700.00 $699.21 702 0301119954 6 179 1 $108,000.00 04/24/2002 46 Phoenix AZ 85019 02 10.380 123 $63,700.00 04/29/2017 2 8310448 181 14 $179,000.00 $48,000.00 $597.87 727 0301125282 6 180 1 $190,000.00 04/26/2002 44 TOPEKA KS 66605 01 12.700 120 $47,402.13 05/02/2017 2 8310450 180 14 $127,190.00 $40,300.00 $442.36 730 0301122222 6 179 1 $138,000.00 04/25/2002 28 Gordonsville VA 22942 02 10.380 122 $40,206.07 04/30/2017 2
Repayment Dates means, subject to clause 7.3, each of the dates falling at six (6) monthly intervals after the Drawdown Date up to and including the date falling one hundred and forty four (144) months after the Drawdown Date;