Fixed Portion definition

Fixed Portion means, at any time, the Term Loans that have been hedged pursuant to Interest Rate Agreements in accordance with Section 3.9 of the Financing Agreement.
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Fixed Portion has the meaning set forth in the Fee Schedule attached hereto as Exhibit C.
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Fixed Portion shall have the meaning set forth in Paragraph 4(a) hereof.
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Examples of Fixed Portion in a sentence

  • Any prepayment of the Fixed Portion of the Term Loans under this Financing Agreement shall be accompanied by a concurrent reduction or prepayment by Borrower of its exposure and obligations under the Interest Rate Agreements then in effect as provided in Section 3.9(b).

  • Any amount being prepaid in respect of the Term Loans and/or Bridge Loans under this Financing Agreement (except for prepayments under Sections 3.6(a) and 3.6(b)) may, at the option of Borrower (i) be first applied to the Floating Portion and then to the Fixed Portion or (ii) may be applied to the Floating Portion and the Fixed Portion on a pro rata basis.

  • The Base Draw shall be payable by Oncology to Response out of the Oncology Operating Account on a monthly basis for the purpose of paying the Fixed Portion of the Base Service Fee and providing Response with an advance on its annual Performance Fee (if any).

  • The monthly reinsurance premium for a Reinsured Contract shall be the Quota Share of the sum of (i) the fixed portion of the monthly reinsurance premium ("Fixed Portion") plus (ii) the variable portion of the monthly reinsurance premium ("Variable Portion").

  • The Fixed Portion shall be the Fixed Reinsurance Premium Rate in effect for that Contract in accordance with Schedule I, or variation(s) thereof, at the end of that month times one half of the sum of (iii) the portion of the Account Value in the fixed subaccounts of such Contract on the first day of the month and (iv) the portion of the Account Value in the fixed subaccounts of such Contract on the last day of the month.

  • Effective Date" shall mean 12:01 am Central time September 30, 2003 being the date and time upon which the coinsurance of the Fixed Portion of the Contracts shall occur and the date and time upon which the modified coinsurance of the Variable Portion of the Contracts shall also occur.

  • Subject to the terms and conditions of this Agreement, as of the Effective Date London Pacific shall cede, and FSL shall assume on a coinsurance basis, 100% of London Pacific's Contract Liabilities with respect to the Fixed Portion of the Contracts.

  • On or before the Recapture Date, FSL will transfer cash or other assets as may be agreed to by the parties equal to 100% of the Net Full CARVM statutory reserves held by FSL with respect to the Fixed Portion of the Contract.

  • The "Fixed Portion of the Contracts" shall mean those benefits and contract rights that are guaranteed by the General Account of London Pacific, including but not limited to death benefits, surrender rights and annuity purchase guaranties.

  • The Fixed Portion shall be paid quarterly in arrears on the fifth Business Day after the end of the quarter for which the services are rendered.


More Definitions of Fixed Portion

Fixed Portion has the meaning assigned in Section 2.2(c).
Sample 1
Fixed Portion. As of any date of determination, the ratio equal to the ------------- Fixed Group Principal Balance over the Pool Balance.
Sample 1
Fixed Portion. The variable portion shall be the money that represents 20% of the anchorage and port fees in excess of a total weight of 18,900,000 TRB as mentioned in the preceding section on an annual basis which is paid by the cruise ships that call at the port each year.
Sample 1
Fixed Portion means one-sixth (1/6) of the number of Shares held by each Shareholder that have not been released as of December 1, 2001, with any fractional share rounded up to the next whole share. The term "Frozen Shares" shall not be interpreted to include the effect of any restrictions imposed by contract or agreement between any Shareholder and the Purchaser.
Sample 1
Fixed Portion means the sum of the Corporate Overhead & Profit Amount, Project Staff Amount, Reproduction Expense Amount, Data & Telecommunications Systems Amount, Site Logistics Amount, and Construction Equipment and Rentals Amount as further defined and set forth within Section 8.2.
Sample 1

Related to Fixed Portion

  • Unused Portion has the meaning assigned to that term in Section 2.09(a).

  • Vested Portion means, at any time, the portion of an Option which has become vested, as described in Section 3 of this Agreement.

  • Adjusted Pool Amount (PO Portion) With respect to any Distribution Date and Loan Group, the sum of the amounts, calculated as follows, with respect to all Outstanding Mortgage Loans of such Loan Group: the product of (i) the PO Percentage for each such Mortgage Loan and (ii) the remainder of (A) the Cut-off Date Principal Balance of such Mortgage Loan minus (B) the sum of (x) all amounts in respect of principal received in respect of such Mortgage Loan (including, without limitation, amounts received as Monthly Payments, Periodic Advances, Principal Prepayments, Liquidation Proceeds and Substitution Adjustment Amounts) and distributed to Holders of the Certificates of the Related Group on such Distribution Date and all prior Distribution Dates and (y) the principal portion of any Realized Loss (other than a Debt Service Reduction) incurred on such Mortgage Loan from the Cut-off Date through the end of the month preceding such Distribution Date.

  • Fixed Amount has the meaning assigned to such term in Section 1.12(c).

  • Existing portion means that land surface area of an existing waste management unit, included in the original Part A permit application, on which wastes have been placed prior to the issuance of a permit.

  • Number of Options For each Component, as provided in Annex A to this Confirmation.6 Option Entitlement: One Share Per Option Strike Price: USD [_____] Cap Price: USD [_____]; provided that in no event shall the Cap Price be reduced to an amount less than the Strike Price in connection with any adjustment by the Calculation Agent under this Confirmation.

  • Fixed Spread means the Bank’s fixed spread in effect at 12:01 a.m. Washington, D.C. time, one calendar day prior to the date of the Loan Agreement, for the Currency of denomination of such amount.”

  • Total Monthly Excess Spread As to any Distribution Date, an amount equal to the excess if any, of (i) the interest on the Mortgage Loans received by the Servicer on or prior to the related Determination Date or advanced by the Servicer for the related Remittance Date (net of Expense Fees) over (ii) the sum of the amounts payable to the Certificates pursuant to Section 4.02(a)(i) on such Distribution Date.

  • Purchase Price Percentage has the meaning assigned to such term in the Pricing Side Letter.

  • Series Adjusted Portfolio Yield means, with respect to any Monthly Period, the annualized percentage equivalent of a fraction, (A) the numerator of which is equal to (a) Reallocated Investor Finance Charge Collections with respect to such Monthly Period, plus (b) the amount of any Principal Funding Account Investment Proceeds for the related Distribution Date, plus (c) provided that each Rating Agency has consented in writing to the inclusion thereof in calculating the Series Adjusted Portfolio Yield, any Excess Finance Charge Collections that are allocated to Series 2021-1 with respect to such Monthly Period, plus (d) the amount of funds, if any, withdrawn from the Reserve Account which pursuant to subsection 4.12(d) are required to be deposited into the Collection Account and included as Class A Available Funds for the Distribution Date with respect to such Monthly Period, minus (e) the Investor Default Amount for the Distribution Date with respect to such Monthly Period, and (B) the denominator of which is the Invested Amount as of the last day of the preceding Monthly Period.

  • Maximum Aggregate Purchase Price has the meaning assigned to such term in the Pricing Side Letter.

  • Termination Percentage has the meaning set forth in Section 2.2.

  • Applicable Multiplier means, with respect to any Rate Period for any Series of RVMTP Shares, the percentage set forth opposite the applicable credit rating most recently assigned to such Series by the Rating Agency in the table below on the Rate Determination Date for such Rate Period: Long-Term Ratings* Fitch Applicable Multiplier AAA to AA- 100% A+ to A- 000% BBB+ to BBB- 140% *And/or the equivalent ratings of any other Rating Agency then rating the RVMTP Shares utilizing the highest of the ratings of the Rating Agencies then rating the RVMTP Shares.

  • Conversion Percentage means, (A) the number of Class B Ordinary Shares being converted, divided by (B) the total number of Class B Ordinary Shares issued and outstanding (i.e. up to 1,000).

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Remaining Excess Spread With respect to any Distribution Date, the Excess Spread less any Extra Principal Distribution Amount, in each case for such Distribution Date.

  • Portfolio Adjusted Yield means, with respect to any Transfer Date, the average of the percentages obtained for each of the three preceding Monthly Periods by subtracting the Base Rate from the Portfolio Yield for such Monthly Period and deducting 0.5% from the result for each Monthly Period.

  • Monthly Uptime Percentage means total number of minutes in a calendar month minus the number of minutes of Downtime suffered in a calendar month, divided by the total number of minutes in a calendar month.

  • Minimum Weighted Average Spread Test means a test that will be satisfied on any date of determination if the Weighted Average Spread of all Eligible Collateral Obligations included in the Collateral on such day is equal to or greater than 5.25%.

  • Quarterly Excess Spread Percentage means, with respect to the August 2008 Distribution Date and each Distribution Date thereafter, the percentage equivalent of a fraction the numerator of which is the sum of the Excess Spread Percentages with respect to the immediately preceding three Monthly Periods and the denominator of which is three.

  • Make-Whole Spread means, with respect to any Series of Equipment Notes, the percentage specified for the applicable Series as such in Schedule I to the Indenture (as amended, in the case of any Additional Series, new Series A Equipment Notes or new Additional Series issued pursuant to Section 2.02 of the Indenture, at the time of issuance of such Series).