Fixed Rate Contract definition

Fixed Rate Contract means any Contract that bears a fixed rate of interest.
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Fixed Rate Contract. Each Contract sold to the Trust which bears interest at a fixed rate.
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Fixed Rate Contract means a contract where a set of rates and terms and conditions are fixed for the supply of unit quantities of goods or certain standardized services;
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Examples of Fixed Rate Contract in a sentence

  • Retail note contract (the “Contract”), Receivable File, U.S. Fixed Rate Contract, Physical Damage Insurance Form, UCC documents with the exception of personal use contracts where no UCC is required.

  • Except for Equity Builder Contracts, each Fixed Rate Contract has a fixed APR and provides for level monthly, bi-weekly or semi-monthly payments of principal and interest which fully amortize the loan over its term.

  • On or before the Closing Date the Company shall deposit in the Undelivered ARM Contract Subaccount and the Undelivered Fixed Rate Contract Subaccount the respective amounts specified in Section 2.02(n).

  • Except for Escalating Principal Payment Contracts ------------------ and the Step-up Rate Contracts, each Fixed Rate Contract has a fixed APR and provides for level monthly, bi-weekly or semi-monthly payments of principal and interest which fully amortize the loan over its term.

  • APR 8.637% 8.637% 8.833% 8.872% 8.799% Fixed Rate Contract Value (Beg.

  • Except for Escalating Principal Payment Contracts and the Step-up Rate Contracts, each Fixed Rate Contract has a fixed APR and provides for level monthly, bi-weekly or semi-monthly payments of principal and interest which fully amortize the loan over its term.

  • The Trustee shall maintain within the Sub-Pool HE Pre-Funding Account four subaccounts: the "Pre-Funding ARM Subaccount and the "Pre-Funding Fixed Rate Subaccount which pertain to the pre-funded Subsequent Home Equity Contracts; and the Undelivered ARM Contract Subaccount and the Undelivered Fixed Rate Contract Subaccount which pertain to those Contracts tranferred to the Trust on the Closing Date that are Undelivered Contracts.

  • The Class A Notes shall be designated generally as the "7.486% Fixed Rate Contract Receivable Collateralized Notes, Series 1997- 1, Class A" or the "Class A Notes." The Class B Notes shall be designated generally as the "Floating Rate Contract Receivable Collateralized Notes, Series 1997-1, Class B" or the "Class B Notes".


More Definitions of Fixed Rate Contract

Fixed Rate Contract. ’ means a loan contract, installment purchase contract or other financing agreement in which the interest rate remains constant through- out the life of the contract or agreement;
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Fixed Rate Contract means a Contract bearing an interest ------------------- rate that is fixed for the life of such Contract.
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Fixed Rate Contract means a loan contract, instalment purchase contract or other financing agreement in which the interest rate remains constant throughout the life of the contract or agreement; (contrat à taux fixe)
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Fixed Rate Contract. Each Contract sold to the Trust Fund which bears interest at a fixed rate. FLOATING RATE CERTIFICATES: The Class A-1V Certificates.
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Related to Fixed Rate Contract

  • Interest Rate Contract means any interest rate swap agreement, interest rate cap agreement, interest rate floor agreement, interest rate collar agreement, interest rate option or any other agreement regarding the hedging of interest rate risk exposure executed in connection with hedging the interest rate exposure of any Person and any confirming letter executed pursuant to such agreement, all as amended, restated, supplemented or otherwise modified from time to time.

  • Secured Rate Contract means any Rate Contract between Borrower and the counterparty thereto, which (i) has been provided or arranged by GE Capital or an Affiliate of GE Capital, or (ii) Agent has acknowledged in writing constitutes a “Secured Rate Contract” hereunder.

  • RATE CONTRACT means the agreement for supply of goods/ materials between Owner and Vendor, for a fixed period of time (i.e till validity of Rate Contract, with no commitment of contractual quantity) on mutually agreed terms and conditions. The actual supply of goods/ materials shall take place only on issue of separate purchase orders for required quantity as and when required by Owner.

  • Interest Rate Contracts means all interest rate swap agreements, interest rate cap agreements, interest rate collar agreements and interest rate insurance.

  • Floating Rate Convention means that each relevant date shall be the date which numerically corresponds to the preceding such date in the calendar month which is the number of months specified in the applicable Final Terms as the Specified Period after the calendar month in which the preceding such date occurred; provided, however, that:

  • Fixed Rate Period shall have the meaning in the form of Security set forth in Section 2.1.

  • Interest Rate Agreement means with respect to any Person any interest rate protection agreement, interest rate future agreement, interest rate option agreement, interest rate swap agreement, interest rate cap agreement, interest rate collar agreement, interest rate hedge agreement or other similar agreement or arrangement as to which such Person is party or a beneficiary.

  • Fixed Rate Obligation Any Collateral Obligation that bears a fixed rate of interest.

  • Interest Rate Hedge Agreement any interest rate swap agreement, interest rate cap, collar or other arrangement between the Borrower and a Hedge Provider, consisting of a “Master Agreement” in a form published by the International Swaps and Derivatives Association, Inc., together with a “Schedule” thereto in substantially such form as the Program Agent shall have approved, each “Confirmation” thereunder confirming the terms of each transaction thereunder and any credit support annex and schedule thereto.

  • Interest Rate Hedging Agreement means any interest rate protection agreement or other interest rate hedging arrangement.

  • Floating Rate Period shall have the meaning set forth in Section 2.05(b) hereof.

  • Interest Rate Period means any Daily Interest Rate Period, Weekly Interest Rate Period, Short-Term Interest Rate Period, Long- Term Interest Rate Period or ARS Interest Rate Period.

  • Interest Rate Protection Agreement means any interest rate swap agreement, interest rate cap agreement, interest collar agreement, interest rate hedging agreement or other similar agreement or arrangement.

  • Interest Rate Option means any LIBOR Rate Option or Base Rate Option.

  • Interest Rate Cap Agreement means, as applicable, an Interest Rate Cap Agreement (together with the confirmation and schedules relating thereto) in form and substance reasonably satisfactory to Lender between Borrower and an Acceptable Counterparty or a Replacement Interest Rate Cap Agreement.

  • Interest Rate or Currency Protection Agreement of any Person means any forward contract, futures contract, swap, option or other financial agreement or arrangement (including, without limitation, caps, floors, collars and similar agreements) relating to, or the value of which is dependent upon, interest rates or currency exchange rates or indices.

  • Interest Hedge Agreement means a Hedge Contract between the Borrower and one or more financial institutions providing for the exchange of nominal interest obligations between the Borrower and such financial institution or the cap of the interest rate on any Debt of the Borrower.

  • Rate Contracts means swap agreements (as such term is defined in Section 101 of the Bankruptcy Code) and any other agreements or arrangements designed to provide protection against fluctuations in interest or currency exchange rates.

  • Interest Rate Swap Agreement means the agreement(s) (including any further replacement agreements) entered into between the Guarantor LP and the Interest Rate Swap Provider(s) in the form of an ISDA Master Agreement, as the same may be amended, varied, supplemented, restated or extended from time to time, including a schedule and confirmations in relation to each Tranche or Series of Covered Bonds;

  • Floating Rate Option has the meaning given to it in the ISDA Definitions;

  • Floating Rate Classes The Classes designated as either “Floating Rate” or “Inverse Floating Rate” in the Prospectus Supplement.

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • Fixed Rate Certificate A Certificate that provides for a payment of interest at a Fixed Pass-Through Rate.

  • Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.

  • Fixed Rate Term means a period commencing on a Business Day and continuing for 1, 2 or 3 months, as designated by Borrower, during which all or a portion of the outstanding principal balance of this Note bears interest determined in relation to LIBOR; provided however, that no Fixed Rate Term may be selected for a principal amount less than $100,000.00; and provided further, that no Fixed Rate Term shall extend beyond the scheduled maturity date hereof. If any Fixed Rate Term would end on a day which is not a Business Day, then such Fixed Rate Term shall be extended to the next succeeding Business Day.

  • Fixed Rate of Interest means the rate of interest payable from time to time in respect of a Fixed Rate Tier 1 BCN or during the Fixed Interest Rate Period in respect of a Fixed/Floating Rate Tier 1 BCN and that is either specified in the relevant Pricing Schedule or calculated in accordance with the provisions in the relevant Pricing Schedule.