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, 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

  • No Fixed Rate Loan shall be requested or made pursuant to a Standby Borrowing Request.

  • Fixed-to-Floating Rate Notes Interest Rate: From (and including) the Issue Date (as defined in the Preliminary Prospectus Supplement (as defined below)) to (but excluding) the 2030 Notes Par Redemption Date (as defined in the Preliminary Prospectus Supplement) (the “2030 Notes Fixed Rate Period”), the 2030 notes will bear interest at a rate of 4.219% per annum.

  • Each Competitive Bid by a Revolving Credit Lender must be received by the Administrative Agent via telecopier, in the form of Exhibit A-3 hereto, (i) in the case of a Eurocurrency Competitive Borrowing not later than 11:00 a.m., New York City time, three Business Days before a proposed Competitive Borrowing and (ii) in the case of a Fixed Rate Borrowing, not later than 11:00 a.m., New York City time, on the day of a proposed Competitive Borrowing.

  • Such request shall in each case refer to this Agreement and specify (A) whether the Borrowing then being requested is to be a Eurocurrency Borrowing or a Fixed Rate Borrowing, (B) the date of such Borrowing (which shall be a Business Day), (C) the aggregate principal amount of such Borrowing, (D) the currency of such Borrowing and (E) the Interest Period with respect thereto (which may not end after the Revolving Credit Termination Date).

  • During the Floating Rate Period, interest will be payable quarterly in arrear on May 24, 2036, August 24, 2036, November 24, 2036, and the Maturity Date (each, a “Floating Rate Period Interest Payment Date”, and any Floating Rate Period Interest Payment Date and Fixed Rate Period Interest Payment Date, an “Interest Payment Date”).


More Definitions of Fixed Rate

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