Fixed Rate Certificate definition

Fixed Rate Certificate. A Certificate that provides for a payment of interest at a Fixed Pass-Through Rate.
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Fixed Rate Certificate means either a certificate of (a) a Responsible Officer or (b) any Term Loan Lender certifying that the Fixed Rate Modification Event has occurred.
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Fixed Rate Certificate. Any one of the Class A-1 Certificates, Class A-2 Certificates, Class A-3 Certificates, Class A-4 Certificates and Class A-5 Certificates.
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Examples of Fixed Rate Certificate in a sentence

  • The Administrative Agent shall be entitled to rely upon, and shall not incur any liability for relying upon, any Fixed Rate Certificate or Additional Term Loan Prepayment Extension Certificate.

  • The Administrative Agent shall not be responsible for or have any duty to request any Fixed Rate Certificate or Additional Term Loan Prepayment Extension Certificate or ascertain or inquire into any Fixed Rate Certificate or Additional Term Loan Prepayment Extension Certificate or the contents of any Fixed Rate Certificate or Additional Term Loan Prepayment Extension Certificate.

  • For Fixed Rate Certificate Accounts the dividend rate and annual percentage yield are fixed and will be in effect for the term of the account.

  • Accrued interest, if any, on any Fixed Rate Certificate shall be calculated based upon a 360-day year consisting of twelve 30-day months.

  • Upon receipt of amounts under the Fixed Rate Certificate Insurance Policy on behalf of the Owners of the Class A-1 Certificates, the Trustee shall distribute in accordance with the Pooling and Servicing Agreement such amounts to the Owners of the Class A-1 Certificates.


More Definitions of Fixed Rate Certificate

Fixed Rate Certificate. A Certificate that provides for a payment of interest at a Fixed Certificate Rate.
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Fixed Rate Certificate. Not applicable.
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Fixed Rate Certificate. As specified in the Preliminary Statement.
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Fixed Rate Certificate means a Certificate the interest component of which is determined at the Fixed Rate.
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Fixed Rate Certificate. A Multi-Class Certificate on which interest accrues at the fixed rate specified in Section 1.05 and in such Certificate for the entire term of such Certificate.
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Fixed Rate Certificate. “Floating Pass Through Rate”;
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Fixed Rate Certificate. Any Class M2, Class M3, Class B1 or Class B2 Certificate.
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