Applicable Fixed Rate definition

Applicable Fixed Rate means the fixed rate calculated for the relevant trading currency and settlement currency pairing in accordance with condition 5.5, where the date of the corresponding payment falls within the rate card active period. Banking day means any day which is not a Saturday, Sunday or a bank holiday in England and, in certain circumstances, a public holiday in any other country or countries outside of England we may tell you about.

Applicable Fixed Rate means, at any date, with respect to a Tranche B-5 Term Loan, 6.625% per annum.

Applicable Fixed Rate has the meaning given in Schedule 2.

Examples of Applicable Fixed Rate in a sentence

• Subject to Sections 2.4(d) and 2.4(h), Fixed Rate Portions shall bear interest on the unpaid principal amount thereof during the Fixed Rate Period applicable thereto at a rate per annum equal to the sum of the Fixed Rate for such Fixed Rate Period plus the Applicable Fixed Rate Margin.

• Subject to the provisions of subsection (c) below, each Fixed Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the Applicable Fixed Rate for such Interest Period.

• Subject to the other provisions of this Clause, the rate of interest on each Loan for an Interest Period is the Applicable Fixed Rate per annum.

• At any time prior to December 1, 2010, the Notes may also be redeemed by the Issuers or any other Person designated by the Issuers in whole but not in part, at the Issuers’ option, at a redemption price equal to 100% of the principal amount thereof plus the Applicable Fixed Rate Premium as of, and accrued but unpaid interest, if any, to the date of redemption.

• Notwithstanding the foregoing, (1) the holders of the Bonds shall have no right to exercise a Demand Purchase Option described herein if (a) there shall have occurred and be continuing an Event of Default under the Indenture, or (b) the Applicable Fixed Rate is in effect for the Bonds being held by such Bondholder; and (2) the holder of a Bond has no right to exercise a Demand Purchase Option with respect to those Bonds for which a notice of redemption has been mailed by the Trustee.

More Definitions of Applicable Fixed Rate

Applicable Fixed Rate shall have the meaning given to such term in Section 6.02 hereof.

Applicable Fixed Rate has the meaning set forth in Section 2.05(a).

Applicable Fixed Rate means (x) during any Cash Interest Period, 8.625% and (y) during any PIK Interest Period, 9.375% plus, in each case, the Incremental Margin applicable at such time.

Applicable Fixed Rate means the fixed rate of an Applicable Fixed Rate Reference Bank for the relevant period expressed as a nominal annual rate, as set out in the Rate Fixing Letter.

Applicable Fixed Rate means, for any date, the rate set forth below in the row opposite such date in the column corresponding to the "Denomination" of the Loan: Denomination --------------------------- Dollar Euro Peso Yen Date Loan Loan Loan Loan --------------------------------------------- ------ ---- ---- ---- Issuance Date through October 15, 2008 ...... 5.53% 4.83% 3.23% 1.93% October 16, 2008 through October 15, 2014 ... 8.00% 6.89% 3.42% 3.69%

Applicable Fixed Rate means, (a) with respect to Eurocurrency Rate Advances, the Eurocurrency Rate, (b) with respect to Eurodollar Rate Advances, the Eurodollar Rate, and (c) with respect to Pound Rate Advances, the Pound Rate.

Applicable Fixed Rate means, for any date, the rate set forth below in the row opposite such date in the column corresponding to the "Denomination" of the Note: