Fixed Payments definition
Examples of Fixed Payments in a sentence
The Statement shall include calculations, in reasonable detail, of such amounts owed to the Company for Fixed Payments and Variable Payments (if any) and amounts owed to JPS, including for liquidated damages, in accordance with this Agreement and the procedures determined by the Operating Committee.
JPS shall not be liable to make Fixed Payments prior to the Commercial Operations Date.
The I/O Certificates will represent a beneficial ownership interest in the interest received on the Underlying Securities equal to the I/O Fixed Payments and, to the extent set forth in Section 10, will represent a beneficial ownership interest in the principal and redemption premium, if any, of the Underlying Securities.
The Life Annuity Tables for Fixed Payments are used to determine the monthly annuity payment.
The Class B Certificates will represent a beneficial ownership interest in the interest received on the Term Assets equal to the Class B Fixed Payments.