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.

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Fixed Rate means, with respect to any Competitive Loan (other than a LIBOR 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, with respect to any Competitive Loan (other than a Eurocurrency Competitive Loan), the fixed rate of interest per annum specified by the Lender making such Competitive Loan in its related Competitive Bid.

Examples of Fixed Rate in a sentence

• On the date of determination thereof, the Remarketing Agent shall notify the Administrative Agent by telephone or facsimile promptly confirmed in writing of the amounts, years, and CUSIP numbers (if any) assigned to the Notes and the Fixed Rate for each year.

• Upon receipt of the notice of conversion to the Fixed Rate Mode from the Borrowers, the Remarketing Agent shall determine and announce the Fixed Rate not later than 2:00 P.M. New York, New York time two Business Days before the Fixed Rate Conversion Date.

• The Fixed Rate shall be the lowest interest rate which in the judgment of the Remarketing Agent, on the basis of prevailing financial market conditions, would permit the sale of the Notes being so converted at par as of the Fixed Rate Conversion Date on the basis of their terms as converted.

• The interest rate on the Notes may be converted by the Borrowers to the Fixed Rate Mode as provided herein.

• Sale of the Notes at the Fixed Rate on the Fixed Rate Conversion Date shall be a precondition to such conversion.

More Definitions of Fixed Rate

Fixed Rate means the Eurodollar Rate, the Eurodollar Bid Rate or the Absolute Rate.

Fixed Rate is in contrast to fee- for-service, 44 Ill. Admin. Code Part 7000.

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 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.

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 when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to a Fixed Rate.

Fixed Rate means the fixed rate of interest applicable to a Fixed Rate Loan.