Fixed Rate Advances has the meaning specified in Section 2.03(a)(i).

Fixed Rate Advances has the meaning specified in Section 2.03(a)(i), which Advances shall be denominated in Dollars or in any Foreign Currency.

Fixed Rate Advances means Adjusted CD Rate Advances or Eurodollar Rate Advances or any combination thereof.

Examples of Fixed Rate Advances in a sentence

Fixed Rate Advances are subaccounts of a Home Equity Line of Credit (HELOC).
Home Equity Line of Credit Account Fixed Rate Advances provide for up to 15 years of monthly principal and interest payments, depending on the amount advanced.
Under the terms of this Home Equity Line of Credit, you may obtain two types of credit advances: Variable Rate Advances; and Fixed Rate Advances.
You may also obtain Fixed Rate Advances at any time, subject to your maximum credit limit, the terms of your Agreement, and the limitations described in the next two sentences.
As at 15th October 2019, provisions specifically referable to Term Fixed Rate Lending under this Facility are as follows: Product Facility Limit The aggregate sum of all Term Fixed Rate Advances the Corporation has agreed to provide to the Borrower from time to time less any amount that has been repaid or cancelled.

More Definitions of Fixed Rate Advances

Fixed Rate Advances means Eurocurrency Rate Advances, EURIBOR Rate Advances or Competitive Bid Advances (excluding Competitive Bid Advances bearing interest at the Base Rate pursuant to Section 5.01) or any combination of the foregoing.

Fixed Rate Advances means a Competitive Bid Advance denominated in either Optional Currency that bears interest as provided in Section 2.03(a)(i).

Fixed Rate Advances. A fixed rate per annum quoted by the Bank for 30, 60, 90 or 180 days or for such other period of time that the Bank may quote and offer (provided that any such period of time does not extend beyond the Expiration Date) (the "Interest Period") for Advances in the minimum amount of $250,000.00. Such interest rate shall be a percentage approximately equivalent to 1.75% in excess of the rate which the Bank determines in its sole and absolute discretion to be equal to the Bank's cost of acquiring funds (adjusted for any and all assessments, surcharges and reserve requirements pertaining to the borrowing or purchase by the Bank of such funds) in an amount approximately equal to the amount of the relevant Advance and for a period of time approximately equal to the relevant Interest Period (the "Fixed Rate"). Advances based upon the Fixed Rate are hereinafter referred to as "Fixed Rate Advances".

Fixed Rate Advances means Eurodollar Advances, Canadian Fixed Rate Advances, and/or UK Fixed Rate Advances.

Fixed Rate Advances has the meaning specified in Section 2.03(a)(i), which Advances shall be denominated in Dollars.

Fixed Rate Advances. (also, may be referred to as “Fixed Loans”). Unless Borrower specifies otherwise at the time of the Advance and Bank in its sole discretion agrees to such request, all Advances will be made as Variable Rate Advances. All reimbursement obligations relating to letters of credit that are not paid immediately shall be automatically treated as Variable Rate Advances. Variable Rate Advances bear interest charges at a variable rate of interest equal to the Base Rate plus the Spread. The Base Rate will be adjusted on Monday of each week (the “Adjustment Date”) and remain fixed until the next Adjustment Date. If the Adjustment Date in any particular week would otherwise fall on a day that is not a Business Day, then, at the Bank’s option, the Adjustment Date for that particular week will be the first Business Day immediately following thereafter.

Fixed Rate Advances means Eurodollar Advances, Singapore Fixed Rate Advances and Netherlands Fixed Rate Advances.