Fixed Rate Commencement Date definition
Examples of Fixed Rate Commencement Date in a sentence
If this Note is designated as a “Floating Rate/Fixed Rate Note” on the face hereof, this Note will be a Floating Rate Note for a specified portion of its term and a Fixed Rate Note for the remainder of its term, commencing on the Fixed Rate Commencement Date specified on the face hereof, in which event the interest rate on this Note will be determined as provided herein as if it were a Floating Rate Note and a Fixed Rate Note hereunder for each such respective period.
Each Fixed Rate Notice shall specify (1) the amount of the Fixed Rate Portion, (2) the Fixed Rate Period, and (3) the Fixed Rate Commencement Date.
Each Fixed Rate Notice shall specify (A) the amount of the Fixed Rate Portion, (B) the Fixed Rate Period, and (C) the Fixed Rate Commencement Date.
Fixed Rate Commencement Date: Fixed Interest Rate: ¨ Actual/Actual for the period from and including to but excluding .
Commencing on January 1, 2010, and continuing on the first day of each calendar month thereafter prior to, through and including, the Fixed Rate Commencement Date, interest only payments shall be due and payable monthly under this Note.