Indicative Fixed Rate definition
Indicative Fixed Rate means, on any day, an indicative (or “live”) price for the fixed rate that would apply to the Notes in respect of such Interest Calculation Period and each Interest Calculation Period thereafter, as determined by the Calculation Agent in its sole and absolute discretion, with reference to (a) the market value of the Notes at such time, (b) the then current market levels, (c) the remaining maturity of the Notes and (d) any other conditions that the Calculation Agent reasonably deems relevant for the purposes of such determination.
Indicative Fixed Rate has the meaning given to that term in paragraph (b) of Clause 8.3 (Fixed Rate Option).
Indicative Fixed Rate means an indicative fixed rate for the Loans notified by the Administrative Agent to the Borrower on the Delivery Date obtained by the Administrative Agent from Merrill Lynch or another counterparty reasonably acceptable t▇ ▇▇▇ ▇o▇▇▇▇▇r.