Fixed Payment definition

Fixed Payment. Each equal semiannual installment of interest payable on the Term Assets on each June 1 and December 1 or, if any such day is not a Business Day, then the immediately following Business Day, except that the final installment of interest will be payable on December 1, 2096, commencing on June 1, 2001 through and including December 1, 2096.

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Fixed Payment or “FPm” is the payment calculated using the equation set forth in Section 6.2(a).

Fixed Payment has the meaning set forth in Section 2.1(a).

Examples of Fixed Payment in a sentence

• Any Excess Interest shall be allocated as additional interest and shall not be taken into account in the allocation of the Fixed Payment.

• TCEQ will reimburse the Performing Party for necessary and reasonable Allowable Costs that are incurred and paid by the Performing Party in performance of the Scope of Work as authorized by this Contract in the Cost Budget or Fixed Payment Amounts.

• With respect to a Fixed Payment Option, the amounts shown on the tables represent the guaranteed minimum for each Annuity Payment.

• Each Fixed Payment shall be allocated first to interest accrued during the related Interest Accrual Period at a rate equal to the Amortizing Class Yield on the then outstanding Aggregate Certificate Principal Balance of the Amortizing Class Certificates, with the balance of such Fixed Payment allocated to the repayment of principal in accordance with the amortization schedule attached hereto as Schedule 2 (the "Amortization Schedule").

• Each Fixed Payment shall be allocated first to interest accrued during the related Interest Accrual Period at a rate equal to the Amortizing Class Yield on the then outstanding Aggregate Certificate Principal Balance of the Amortizing Class Certificates, with the balance of such Fixed Payment allocated to the repayment of principal in accordance with the amortization schedule attached to the Series Supplement as Schedule 2 (the "Amortization Schedule").

More Definitions of Fixed Payment

Fixed Payment. Each semiannual installment of interest and Excess Interest, if any, payable on the Term Assets through and including August 1, 2018.

Fixed Payment. The amount which JPS will pay the Company each Month for Dependable Capacity in accordance with Section 9 as determined in accordance with Schedule 6 hereto.

Fixed Payment. Each equal semiannual installment of interest payable on the Term Assets on each February 1 and August 1, commencing February 1, 2000 through and including February 1, 2037.

Fixed Payment means a Payment described in Section 3(b).

Fixed Payment has the meaning defined in Section 6.1, hereto.

Fixed Payment. The amount which GPL will pay the Company each Month for Dependable Capacity in accordance with Section 9 as determined in accordance with Schedule 2 hereto.

Fixed Payment. Each semiannual installment of interest ------------- payable on the Underlying Securities, as set forth in Exhibit A hereto.