Fixed Interest definition
Examples of Fixed Interest in a sentence
If the Notes are in definitive form, except as provided in the applicable Final Terms, the amount of interest payable on each Interest Payment Date in respect of the Fixed Interest Period ending on (but excluding) such date will amount to the Fixed Coupon Amount.
The Fixed Interest Rate applicable to the Loan depends on: my creditworthiness, the repayment term I have selected and the repayment option selected for the Loan.
As used in the Conditions, Fixed Interest Period means the period from (and including) an Interest Payment Date (or the Interest Commencement Date) to (but excluding) the next (or first) Interest Payment Date or the relevant payment date if the Notes become payable on a date other than an Interest Payment Date.
The APR may be higher or lower than the Fixed Interest Rate described above because the APR will include any Interim period as well as the rate at which interest accrues.
If the Notes are in definitive form, except as provided in the relevant Final Terms, the amount of interest payable on each Interest Payment Date in respect of the Fixed Interest Period ending on (but excluding) such date will amount to the Fixed Coupon Amount.