Fixed Rate Note Sample Clauses

Fixed Rate Note. (1) If a Note is a Fixed Rate Note (other than a Zero Coupon Note) interest (in the case of a U.S. dollar-denominated Note, computed on the basis of a 360-day year of twelve 30-day months (“30/360”), in the case of a Euro-denominated Note, computed on the basis of 30/360, Actual/Actual (ICMA) as defined below, or as otherwise specified, in each case, in the applicable Pricing Supplement) shall accrue from its Interest Commencement Date (or from the most recent date to which interest has been paid or made available for payment) on the unpaid principal amount (and, to the extent lawful, on overdue principal (including premium or redemption amount, if any, and, if a Note is an Original Issue Discount Note, the amortized face amount or other amounts, payable in respect thereof) and interest, if any) at the Rate of Interest per annum specified in the applicable Pricing Supplement, and shall be payable in arrears on such dates in each year as are specified in the applicable Pricing Supplement (each an “Interest Payment Date”), commencing, unless otherwise specified in the applicable Pricing Supplement, with the first such Interest Payment Date falling at least 15 days after the Issue Date of such Note specified on the face of such Note and at the date (as specified in the Pricing Supplement) on which the principal of such Note is due and payable (the “Maturity Date”) or any redemption or repayment date, until the principal thereof shall be paid or made available for payment. Unless otherwise specified in the applicable Pricing Supplement, the interest payable on any Interest Payment Date shall be the unpaid interest accrued from and including the Issue Date for the Notes or from and including the most recent date in respect of which interest has been paid or made available for payment to, but excluding, such Interest Payment Date and interest payable on the Maturity Date or upon redemption or repayment shall include accrued interest from the Issue Date for the Notes or from and including the most recent date in respect of which interest has been paid or made available for payment to, but excluding, the Maturity Date or redemption or repayment date (in each case, an “Interest Period”).
Fixed Rate Note. If Borrower (or Proposed Borrower, as applicable) fails to perform any of the acts, where applicable, or to submit any of the documents or information listed under (i), (ii), (iii), (iv), and (v) above together with any and all updates to the Underwriting Materials reasonably requested by Lender within 20 days of the date of Lender’s acceptance, Lender may at its option reject the Mortgaged Property and terminate such proposal. In the event that Borrower (or Proposed Borrower, as applicable) performs all of the acts and submits all of the documents and evidence listed in (i), (ii), (iii), (iv), and (v) and accepts the terms of any approval letter issued or caused to be issued by Lender and not withdrawn (such withdrawal to be permitted only as a result of material changes or circumstances to the Mortgaged Property, Borrower, Guarantor, the Loan or the existence of a Material Adverse Change), the Mortgaged Property shall be added to the Collateral Pool.
Fixed Rate Note. Interest on the principal balance outstanding on the FIXED RATE NOTE shall accrue at a rate equal to the three month LIBOR RATE plus 300 hundred basis points, as more particularly set forth in the FIXED RATE NOTE. The interest rate on the FIXED RATE NOTE shall initially be set two (2) EURODOLLAR BUSINESS DAYS prior to the date of the FIXED RATE NOTE, and shall adjust on the 8th day of every third month thereafter. After maturity, whether by acceleration or otherwise, interest shall accrue on the FIXED RATE NOTE at a rate equal to the three month LIBOR RATE plus nine hundred (900) basis points.
Fixed Rate Note. [Applicable/Not Applicable] Provisions (If not applicable, delete the remaining sub-paragraphs of this paragraph)
Fixed Rate Note. (a) interest rate;
Fixed Rate Note. When Borrower locks the Fixed Rate as provided in Part B above ("Rate Lock Date"), the Borrower will be obligated to accept funds advanced by Lender for the Requested Borrowing Tranche in accordance with the provisions and conditions set forth in this Commitment and the Credit Agreement by the Delivery Date specified in Exhibit A (Interest Rate Lock and Borrowing Tranche Terms Confirmation Sheet) attached to this Commitment. On the Rate Lock Date, Lender will deliver to Borrower by facsimile (fax) or by overnight mail or courier a completed Exhibit A to evidence the terms of the Rate Lock. Borrower must execute and deliver the completed Exhibit A to Lender in accordance with Section 2.5.2.1 of the Credit Agreement. Borrow must also satisfy all the other conditions and delivery requirements set forth in, and in accordance with, Section 2.5.2 of the Credit Agreement. Failure by Borrower to satisfy the document delivery requirements in accordance with Section 2.5.2 of the Credit Agreement will constitute a Rate Lock Termination Event.
AutoNDA by SimpleDocs
Fixed Rate Note. If the Funding Note is designated on the face hereof as a "Fixed Rate Note," the Funding Note will bear interest from the Original Issue Date until the Maturity Date. Unless otherwise specified on the face hereof, the rate of interest payable on the Funding Note will not be adjusted; unless otherwise specified on the face hereof, interest will be payable on the Interest Payment Dates set forth on the face hereof and at the Maturity Date. Interest will be computed on the basis of a 360-day year of twelve 30-day months. If any Interest Payment Date or the Maturity Date of a Fixed Rate Note falls on a day that is not a Business Day, any payments of principal, premium, if any, and/or interest or other amounts required to be made, will be made on the next succeeding Business Day, and no additional interest will accrue in respect of the payment made on that next succeeding Business Day.
Fixed Rate Note. Any Note bearing interest at the Fixed Rate. FOREIGN SUBSIDIARIES. Those Subsidiaries of the Company other than the Domestic Subsidiaries. FUNDED INDEBTEDNESS. At any time of determination, the aggregate principal amount of all funded Indebtedness for borrowed money (including, for the avoidance of doubt, all Subordinated Debt of the Company and any of its Subsidiaries), PLUS all obligations, contingent and otherwise, to reimburse the issuer in respect of any letters of credit, performance bonds, bankers' acceptances, guarantees or other similar instruments, PLUS Capitalized Leases, of the Company and its Subsidiaries. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. Principles that are (a) consistent with the principles promulgated or adopted by the Financial Accounting Standards Board and its predecessors, as in effect from time to time, and (b) consistently applied with past financial statements of the Company adopting the same principles, PROVIDED that a certified public accountant would, insofar as the use of such accounting principles is pertinent, be in a position to deliver an unqualified opinion (other than a qualification regarding changes in generally accepted accounting principles) as to financial statements in which such principles have been properly applied. GUARANTEED PENSION PLAN. Any employee pension benefit plan within the meaning of Section 3(2) of ERISA maintained or contributed to by the Company or any ERISA Affiliate the benefits of which are guaranteed on termination in full or in part by the PBGC pursuant to Title IV of ERISA, other than a Multiemployer Plan.
Fixed Rate Note. Provisions: Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Applicable
Time is Money Join Law Insider Premium to draft better contracts faster.