Fixed Rate definition
Fixed Rate means, with respect to any Competitive Loan (other than a Eurodollar Competitive Loan), the fixed rate of interest per annum specified by the Lender making such Competitive Loan in its related Competitive Bid.
Fixed Rate means an indirect cost rate which has the same characteristics as a predetermined rate, except that the difference between the estimated costs and the actual, allowable costs of the period covered by the rate is carried forward as an adjustment to the rate computation of a subsequent period.
Examples of Fixed Rate in a sentence
Home Equity Line of Credit Account Fixed Rate Advances provide for up to 15 years of monthly principal and interest payments, depending on the amount advanced.
You may also obtain Fixed Rate Advances at any time, subject to your maximum credit limit, the terms of your Agreement, and the limitations described in the next two sentences.
Fixed Rate Advances are subaccounts of a Home Equity Line of Credit (HELOC).
Your Account is limited to a maximum of three (3) outstanding Fixed Rate Advance balances at any time.
Each Fixed Rate Note bears interest from (and including) the Interest Commencement Date at the rate(s) per annum equal to the Rate(s) of Interest.
More Definitions of Fixed Rate
Fixed Rate has the same meaning as in 44 Ill. Admin. Code Part 7000. “Fixed-Rate” is in contrast to fee- for-service, 44 Ill. Admin. Code Part 7000.
Fixed Rate is in contrast to fee- for-service, 44 Ill. Admin. Code Part 7000.
Fixed Rate means an annual interest rate determined by the Bank in accordance with the applicable principles from time to time laid down by the governing bodies of the Bank for loans made at a fixed rate of interest, denominated in the currency of the Tranche and bearing equivalent terms for the repayment of capital and the payment of interest.
Fixed Rate means the rate of interest on a Group of 2024 Series A Variable Rate Bonds described in Section 701 of Appendix A hereto.
Fixed Rate means, with respect to each Fixed Rate Loan made on the same Loan Closing Date, the per annum interest rate, announced by Xxxxxx in advance of such Loan Closing Date and set forth in the TALF Standing Loan Facility Procedures, to be applicable to such Fixed Rate Loan. The Fixed Rate applicable to each Fixed Rate Loan shall be the market reference rate plus a margin then being used by Lender to set interest rates on Fixed Rate Loans for the Applicable Fixed Rate Benchmark Period.
Fixed Rate means the interest rate in effect on any Bonds from and after the Conversion Date, as said rate is determined in accordance with Section 2.02(D) hereof.