Examples of Fixed Rate Period in a sentence
During the Fixed Rate Period, interest on the Notes will accrue from and including May 13, 2024, and will be payable semiannually in arrears on May 15 and November 15 of each year during the Fixed Rate Period, commencing on November 15, 2024 (each such date, a “Fixed Period Interest Payment Date”).
During the Fixed Rate Period, interest will be computed on the basis of a 360-day year consisting of twelve 30-day months.
During the Fixed Rate Period, interest on the Note will accrue from and including May 13, 2024, and will be payable semiannually in arrears on May 15 and November 15 of each year during the Fixed Rate Period, commencing on November 15, 2024 (each such date, a “Fixed Period Interest Payment Date”).
During the Fixed Rate Period, the Notes will bear interest from the settlement date to, but excluding, April 26, 2027 at a fixed annual rate of 5.083%, payable in equal semi-annual installments on April 26 and October 26 in each year, with the first payment of interest due on October 26, 2024 and the last payment of interest due on April 26, 2027.
First repayment date Monthly Quarterly Number of instalments Final repayment date Early Repayment Date(s) If, during the Fixed Rate Period, you repay the loan (or any part of the loan) on any Early Repayment Date, you will not be charged Break Costs in respect of that repayment.