Swap Fixed Rate definition

Swap Fixed Rate means for any applicable Interest Period, the fixed rate specified in the Interest Rate Swap.
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Swap Fixed Rate means for any applicable Interest Period, the fixed rate specified in the Interest Rate Swap. "Swap Floating Rate" shall mean for any applicable Interest Period, the floating rate specified in the Interest Rate Swap. "Swap Reserve Draw Amount" shall have the meaning specified in subsection 4.16(c). "Swap Reserve Fund" shall have the meaning specified in subsection 4.16(a). "Swap Reserve Fund Surplus" shall mean, as of any Transfer Date, the amount, if any, by which the amount on deposit in the Swap Reserve Fund exceeds the Required Swap Reserve Fund Amount. "Transfer" shall have the meaning specified in subsection 19(a). "Transfer Agreement" shall mean the agreement among MBNA and the Collateral Interest Holder, dated as of the Closing Date, as amended or modified from time to time, relating to the transfer of the Collateral Interest. "Unallocated Principal Collections" shall have the meaning specified in subsection 4.05(e). SECTION 3.
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Swap Fixed Rate means for any applicable Interest Period, the fixed rate specified in the Interest Rate Swap. "Swap Floating Rate" shall mean for any applicable Interest Period, the floating rate specified in the Interest Rate Swap. "Swap Reserve Draw Amount" shall have the meaning specified in subsection 4.16(c).
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Examples of Swap Fixed Rate in a sentence

  • The Class A-3FX Certificates represent ownership of (i) the Class A-3FX Percentage Interest in the Class A-3FL REMIC III Regular Interest and (ii) the Swap Fixed Rate Account Class A-3FX.

  • At all times, the Class A-3FX Certificates shall represent ownership of the Class A-3FX Percentage Interest in the Class A-3FL REMIC III Regular Interest and the entire ownership interest in the Swap Fixed Rate Account Class A-3FX.

  • If Borrower elects to provide a Rate Swap, then on or before the date HEREOF, Borrower shall obtain a Rate Swap with a notional amount equal to the Loan Amount (less any amount provided by the Rate Cap) with a per annum rate equal to the Swap Fixed Rate for the benefit of Lender which shall be coterminous with the initial term of the Loan.


More Definitions of Swap Fixed Rate

Swap Fixed Rate means, for any applicable Interest Period, the fixed rate specified in the Interest Rate Swap.
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Swap Fixed Rate means 5.279%.
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Swap Fixed Rate means each of the fixed rates in respect of the fixed rate payer being the Issuer as set out in the swap confirmations forming part of the Swap Agreement.
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Swap Fixed Rate means the sum of (i) the fixed rate (calculated on the basis of a 360 day year comprised of twelve 30-day months) that would be payable by the fixed rate payor on each Payment Date (as defined in the Reference Agency Agreement) after the issuance of the Reissued Notes to and including the maturity date thereof on a notional amount equal to the unpaid principal amount of the Reissued Notes scheduled to be outstanding during the Interest Period (as defined in the Reference Agency Agreement) ending on such Payment Date in exchange for payment on such Payment Date to such fixed rate payor of interest on such notional amount at a rate per annum equal to LIBOR plus the Applicable Spread for the Series H Equipment Notes (as defined in Schedule 3 to the Participation Agreements) (calculated on the basis of a 360 day year and actual days elapsed) under an interest rate swap transaction entered into on customary and prevailing U.S. swap market terms as of a date within ten Business Days prior to the actual issuance date of the Reissued Notes plus (ii) fifty basis points.
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Swap Fixed Rate means six and five tenths percent (6.50%) or less.
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Swap Fixed Rate means for any applicable Interest Period, the fixed rate specified in the Interest Rate Swap. "Swap Floating Rate" shall mean for any applicable Interest Period, the floating rate specified in the Interest Rate Swap. "Swap Reserve Draw Amount" shall have the meaning specified in subsection 4.16(c). "Swap Reserve Fund" shall have the meaning specified in subsection 4.16(a). "Swap Reserve Fund Surplus" shall mean, as of any Transfer Date, the amount, if any, by which the amount on deposit in the Swap Reserve Fund exceeds the Required Swap Reserve Fund Amount. "Telerate Page 3750" shall mean the display page currently so designated on the Dow Jonxx Xxlerate Service (or such other page as may replace that page on that service for the purpose of displaying comparable rates or prices). "Unallocated Principal Collections" shall have the meaning specified in subsection 4.05(e). SECTION 3.
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Related to Swap Fixed Rate

  • Fixed Rate means, with respect to any Competitive Loan (other than a Eurodollar Competitive Loan), the fixed rate of interest per annum specified by the Lender making such Competitive Loan in its related Competitive Bid.

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Floating Rate means, for any day, a rate per annum equal to (i) the Alternate Base Rate for such day plus (ii) ABR Applicable Margin for such day, in each case changing when and as the Alternate Base Rate changes.

  • Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Mid-Swap Rate means, in relation to a Reset Determination Date and subject to Condition 4(b)(ii), either:

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards:

  • Swap Rate means a charge by the Company for the interest cost and associated costs (positive or negative) incurred in relation to the overnight rollover (s) of an open position;

  • Fixed Interest Rate means the annual interest rate of five and forty hundredths percent (5.40%).

  • Reference Bond Rate means, with respect to any date of redemption, the rate per annum equal to the annual or semi-annual yield (as the case may be) to maturity or interpolated yield to maturity (on the relevant day count basis) of the Reference Bond, assuming a price for the Reference Bond (expressed as a percentage of its nominal amount) equal to the Reference Bond Price for such date of redemption;

  • Note Interest Rate means a per annum rate equal to 0.02% in excess of LIBOR as determined by the Calculation Agent on the related LIBOR Determination Date with respect to each Interest Period.

  • Default Interest Rate is two percent above the base lending rate of Barclays Bank PLC, as varied from time to time;

  • Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Daily Interest Rate means an amount calculated by dividing the interest rate payable to a Lender on a Loan (as set forth in subsection 2.2) as of each calendar day by three hundred sixty (360).

  • Class A-1 Interest Rate means [ ]% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360-day year).

  • Applicable Interest Rate means the rate of interest prescribed under the Act from time to time;

  • Class A-3 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.