Fixed Rate definition

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.
Fixed Rate means, with respect to any Competitive Loan bearing interest at a fixed rate, the fixed rate of interest per annum specified by the Lender making such Competitive Loan in its related Competitive Bid.
Fixed Rate means an indirect cost rate which has the same characteristics as a predetermined rate, except that the difference between the estimated costs and the actual, allowable costs of the period covered by the rate is carried forward as an adjustment to the rate computation of a subsequent period.

Examples of Fixed Rate in a sentence

  • Each Competitive Bid Advance shall mature and be due and payable in full on the earlier of (i) (A) the last day of the Interest Period applicable thereto in the case of Competitive Bid Advances that are Adjusted Term SOFR Advances, and (B) the maturity date set forth in the Notice of Competitive Bid Borrowing with respect to Competitive Bid Advances that are Fixed Rate Advances and Adjusted DSS Advances and (ii) the Termination Date.


More Definitions of Fixed Rate

Fixed Rate has the same meaning as in 44 Ill. Admin. Code Part 7000. “Fixed-Rate” is in contrast to fee- for-service, 44 Ill. Admin. Code Part 7000.
Fixed Rate is in contrast to fee- for-service, 44 Ill. Admin. Code Part 7000.
Fixed Rate when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to a Fixed Rate.
Fixed Rate means, with respect to each Fixed Rate Loan made on the same Loan Closing Date, the per annum interest rate, announced by Xxxxxx in advance of such Loan Closing Date and set forth in the TALF Standing Loan Facility Procedures, to be applicable to such Fixed Rate Loan. The Fixed Rate applicable to each Fixed Rate Loan shall be the market reference rate plus a margin then being used by Lender to set interest rates on Fixed Rate Loans for the Applicable Fixed Rate Benchmark Period.
Fixed Rate means the Eurodollar Rate, the Eurodollar Bid Rate or the Absolute Rate.
Fixed Rate means a percentage which will be determined in the reasonable discretion of the Issuer (billiges Ermessen) (§315 German Civil Code (BGB)) on the Strike Date and will be published in accordance with § 13. The indication for the Fixed Rate based on the volatility of the Underlyings and the market conditions as of of the Strike Date is 6 % (in any case, it will not be below 5 %).
Fixed Rate means the LIBOR Rate.