Fixed Rate Payer Payment Date Clause Samples

Fixed Rate Payer Payment Date. One Business Day prior to each Distribution Date. Fixed Rate: 1.66%. Fixed Rate Day Count Fraction: 30/360. Floating Amounts: Floating Rate Payer: The Counterparty.
View SourceView Similar (10)
Fixed Rate Payer Payment Date. Early Payment shall be applicable. For each Calculation Period, the Floating Rate Payer Payment Date shall be the first Business Day prior to the related Floating Rate Payer Period End Date.
View SourceView Similar (3)
Fixed Rate Payer Payment Date. The 15th day of each calendar month, subject to adjustment in accordance with the Following Business Day Convention.
View SourceView Similar (2)
Fixed Rate Payer Payment Date. The 15th day of each January, April, July and October until the first Monthly Distribution Date after the Class A-1 Notes convert to Monthly Pay Class A Notes, in which event the 15th day of each calendar month, subject in either case to adjustment in accordance with the Following Business Day Convention.
View SourceView Similar (2)
Fixed Rate Payer Payment Date. The 15th day of each calendar month, subject to adjustment in accordance with the Following Business Day Convention. Period End Date: The 15th day of each calendar month, with No Adjustment. Fixed Rate: 3.4965% Fixed Rate Day Count Fraction: 30/360. Floating Amounts Floating Rate Payer: Party A. Floating Rate Payer Payment Dates: The 15th day of each calendar month, subject to adjustment in accordance with the Following Business Day Convention. Floating Rate for initial Calculation Period: 1.74125% (excluding spread) Floating Rate Option: USD-LIBOR-BBA. Designated Maturity: One month. Spread: 0.12% Floating Rate Day Count Fraction: Actual/360. Reset Dates: The first day of each Floating Rate Payer Calculation Period. Business Days: New York and Delaware. 3. Account Details Payments to Party A: Bank of New York ▇▇▇▇▇ ▇▇▇ TUS3N For favour Credit Suisse First Boston International London Account#:8900360968 Payments to Party B: JPMorgan Chase Bank ABA#:▇▇▇▇▇▇▇▇▇ Account#:507951883 Account Name: Ford Incoming Wire Account Ref: 161319.1 Ford 2002-A Collection Account Party A Operations Contact: Attention: Customer Services Group Tel: ▇▇▇-▇▇▇-▇▇▇▇/▇▇▇-▇▇▇-▇▇▇▇ Fax: ▇▇▇-▇▇▇-▇▇▇▇ Party B Operations Contact: JPMorgan Chase Bank Corporate Trust Administration ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Tel: (▇▇▇) ▇▇▇-▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ Credit Suisse First Boston International is regulated by The Financial Services Authority and has entered into this transaction as principal. The time at which the above transaction was executed will be notified to Party B on request. <PAGE> Please confirm that the foregoing correctly sets forth the terms of our agreement by executing this Confirmation and returning it to us. Best Regards, FORD CREDIT AUTO OWNER TRUST 2002-A By: THE BANK OF NEW YORK, not in its individual capacity but solely as Owner Trustee By: -------------------------------------- Name: Title: CREDIT SUISSE FIRST BOSTON INTERNATIONAL By its Agent: CREDIT SUISSE FIRST BOSTON CORPORATION By: -------------------------------------- Name: Title: <PAGE> January 8, 2002 To: CREDIT SUISSE FIRST BOSTON INTERNATIONAL Contact: Customer Service Group Tel:▇▇▇-▇▇▇-▇▇▇▇ Fax:▇▇▇-▇▇▇-▇▇▇▇ From: FORD CREDIT AUTO OWNER TRUST 2002-A Contact: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Tel:▇▇▇-▇▇▇-▇▇▇▇ Fax:▇▇▇-▇▇▇-▇▇▇▇ Re: Interest Rate Swap Reference No. 6573418/V/NY Ladies and Gentlemen: The purpose of this letter agreement is to confirm the terms and conditions o...
View SourceView Similar (2)
Fixed Rate Payer Payment Date. 2 Business Days prior to each Interest Payment Date under the Notes.
View Source

Related to Fixed Rate Payer Payment Date

  • Fixed Rate Payer The Trust.

  • Interest Rate Payments Subject to Holder's right to charge the Default Rate (as hereinafter defined) pursuant to Section 4 hereof, this Note shall bear interest, and Maker shall make payments as follows: (a) Interest shall accrue on the unpaid principal balance of this Note at the Interest Rate (as defined in Exhibit A). For purposes of computing interest on the debt evidenced hereby, interest shall be calculated on the basis of a twelve (12) month calendar year applied to the actual number of months funds are outstanding. Payments (or prepayments) made on account hereof shall be applied first to the payment of late charges or other fees and costs owed to Holder (if any), next to the payment of accrued and unpaid interest, and then to principal, or, during the continuance of an Event of Default (as hereinafter defined), in such other order or proportion as Holder, in its sole discretion, may elect from time to time. (b) Interest and principal over the term of the Note shall be due and payable monthly in accordance with the Payment Schedule set forth in Exhibit F. Maker may at any time or from time to time make a voluntary prepayment, whether in whole or in part, of this Note, without premium or penalty. (c) The entire outstanding Obligations (as hereinafter defined) shall be due and payable in full on the Maturity Date (as defined in Exhibit A) or such earlier date resulting from acceleration by Holder of the Obligations due hereunder following an Event of Default (the “Maturity Date”).

  • Payment Date An amount calculated as being due in respect of any Early Termination Date under Section 6(e) will be payable on the day that notice of the amount payable is effective (in the case of an Early Termination Date which is designated or occurs as a result of an Event of Default) and on the day which is two Local Business Days after the day on which notice of the amount payable is effective (in the case of an Early Termination Date which is designated as a result of a Termination Event). Such amount will be paid together with (to the extent permitted under applicable law) interest thereon (before as well as after judgment) in the Termination Currency, from (and including) the relevant Early Termination Date to (but excluding) the date such amount is paid, at the Applicable Rate. Such interest will be calculated on the basis of daily compounding and the actual number of days elapsed.

  • Interest on Payments Any payment by the Receiver pursuant to Section 2.6(d) shall be made together with interest on the amount thereof that accrues with effect from five (5) Business Days after the date on which payment was agreed or determined to be due until such amount is paid. The annual interest rate shall be determined by the Receiver based on the coupon equivalent of the three (3)-month U.S. Treasury ▇▇▇▇ Rate in effect as of the first Business Day of each Calendar Quarter during which such interest accrues as reported in the Federal Reserve Board Statistical Release for Selected Interest Rates H.15 opposite the caption “Treasury bills (secondary market), 3-Month” or, if not so reported for such day, for the next preceding Business Day for which such rate was so reported.

  • Determination of Rate of Interest and calculation of Interest Amounts The Principal Paying Agent, in the case of Floating Rate Notes, and the Calculation Agent, in the case of Index Linked Interest Notes, will at or as soon as practicable after each time at which the Rate of Interest is to be determined, determine the Rate of Interest for the relevant Interest Period. In the case of Index Linked Interest Notes, the Calculation Agent will notify the Principal Paying Agent of the Rate of Interest for the relevant Interest Period as soon as practicable after calculating the same. The Principal Paying Agent will calculate the amount of interest (the “Interest Amount”) payable on the Floating Rate Notes or Index Linked Interest Notes for the relevant Interest Period by applying the Rate of Interest to: (i) in the case of Floating Rate Notes or Index Linked Interest Notes which are represented by a Global Note, the aggregate outstanding nominal amount of the Notes represented by such Global Note (or, if they are Partly Paid Notes, the aggregate amount paid up); or (ii) in the case of Floating Rate Notes or Index Linked Interest Notes in definitive form, the Calculation Amount; and, in each case, multiplying such sum by the applicable Day Count Fraction, and rounding the resultant figure to the nearest sub-unit of the relevant Specified Currency, half of any such sub-unit being rounded upwards or otherwise in accordance with applicable market convention. Where the Specified Denomination of a Floating Rate Note or an Index Linked Interest Note in definitive form is a multiple of the Calculation Amount, the Interest Amount payable in respect of such Note shall be the product of the amount (determined in the manner provided above) for each Calculation Amount and the amount by which the Calculation Amount is multiplied to reach the Specified Denomination without any further rounding.