Fixed Interest means, interest with respect to the Loans, accruing with respect to the outstanding principal balance thereof at a rate per annum equal to 10.75%.
Fixed Interest means the Rate of Interest determined in accordance with Condition 5(b) (Interest on Fixed Rate Notes);
Examples of Fixed Interest in a sentence
Fixed Interest Rate: The per annum interest (the “Interest Rate”) payable under the CoPACE Financing shall equal {__________ percent (____%)}.
More Definitions of Fixed Interest
Fixed Interest. EARNED" in relation to a Monthly Distribution Date, and the Monthly Swap Collection Period ending immediately prior to that Monthly Distribution Date, means the aggregate of:
Fixed Interest means all Interest except any such Interest that is determined by reference to the Company's Excess Cash Flow.
Fixed Interest shall have the meaning specified in Section 2.
Fixed Interest means interest, payable on the Interest Payment Dates in accordance with this Indenture, at a rate per annum during each Interest Period equal to LIBOR for such Interest Period plus 275 basis points (i.e., 2.75%).
Fixed Interest means interest, payable on the Interest Payment Dates in accordance with the Indenture, at a rate per annum of LIBOR (as determined for the respective Interest Period) plus 275 basis points. The Company promises to pay Fixed Interest in Cash on each Interest Payment Date (March 30, June 30, September 30 and December 30), commencing June 30, 2001, to the Person in whose name this Security is registered at the close of business not less than fifteen days (March 15, June 15, September 15 or December 15) preceding such Interest Payment Date (each, a "Record Date"). Interest on this Security will be computed on the basis of a 360-day year, consisting of twelve 30-day months. In addition to payments of Fixed Interest, the Company will pay to the Holder of this Security in accordance with the terms of this Security and the Indenture such Holder's pro rata amount of principal as amortized below:
Fixed Interest means interest accruing from the date of original discount of this Debenture, until such Debenture is redeemed or converted, at the rate of 12% per half annum on the Indebtedness from time to time.