Examples of Fixed Rate Loans in a sentence
The fixed rate applicable to the amounts payable by the Issuer is not intended to be an exact match of the interest rates that the Issuer receives in respect of the Fixed Rate Loans in the Portfolio.
These components, which will be manufactured outside the United States, concern the reactor vessel and the steam generators.
Relevant Fixed Rate Loan Balance means, in respect of a Calculation Period or a particular date, the aggregate Outstanding Principal Balance of the Relevant Fixed Rate Loans at the close of business on the day immediately preceding such Calculation Period, or the aggregate Outstanding Principal Balance of the Relevant Fixed Rate Loans on such date (as applicable), in each case as notified by the Cash Manager in accordance with the provisions of the Cash Management Agreement.
Interest on any Fixed Rate Loans forming part of such a Facility Balance will be payable at the Fixed Rate.
In relation to Fixed Rate Loans, the use of an Interest Hedge will expose the Fund to the risk of over hedging.