Fixed rate share definition
Fixed rate share means a share where -
Fixed Rate Period has the meaning assigned to it in Section 2.10(a).
Interest Rate Option means any LIBOR Rate Option or Base Rate Option.
Floating Rate Option has the meaning given to it in the ISDA Definitions;
Fixed Rate Term means a period commencing on a Business Day and continuing for 1, 2 or 3 months, as designated by Borrower, during which all or a portion of the outstanding principal balance of this Note bears interest determined in relation to LIBOR; provided however, that no Fixed Rate Term may be selected for a principal amount less than $100,000.00; and provided further, that no Fixed Rate Term shall extend beyond the scheduled maturity date hereof. If any Fixed Rate Term would end on a day which is not a Business Day, then such Fixed Rate Term shall be extended to the next succeeding Business Day.
Floating Rate Period shall have the meaning set forth in Section 2.05(b) hereof.