Examples of Fixed Rate Period in a sentence
Initial Fixed Rate Period Interest on the Notes during the initial fixed rate period will be calculated on the basis of a 360-day year consisting of twelve 30-day months and, in the case of an incomplete month, on the basis of the actual number of days elapsed in such period.
If any Series A Distribution Payment Date during the Series A Fixed Rate Period would otherwise occur on a date that is not a Business Day, declared Series A Distributions shall be paid on the immediately succeeding Business Day without the accumulation of additional distributions.
If you repay all or part of a Fixed Rate Advance before the end of the Fixed Rate Period you may have to pay an Early Repayment Adjustment, an administration fee of $300.00 and other applicable fees (if any).
Series C Distributions payable for any Series C Distribution Period during the Series C Fixed Rate Period will be calculated based on a 360-day year consisting of twelve 30-day months.
If any Series B Distribution Payment Date during the Series B Fixed Rate Period would otherwise occur on a date that is not a Business Day, declared Series B Distributions shall be paid on the immediately succeeding Business Day without the accumulation of additional distributions.