Fixed Rate Spread definition

Fixed Rate Spread means 0,00% per annum or such other percentage amount as Party A may notify to Party B and the Note Trustee in writing from time to time in accordance with paragraph 6 of this Confirmation.
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Fixed Rate Spread means [0.47] per cent. per annum.
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Fixed Rate Spread means: (a) for any and all Rate Determination Periods as to which the Funded Debt/Partners' Capital Ratio is less than or equal to 30 percent, 0.75 percentage point per annum; (b) for any and all Rate Determination Periods as to which the Funded Debt/Partners' Capital Ratio is greater than 30 percent but less than or equal to 100 percent, 1.00 percentage points per annum; and (c) for any and all Rate Determination Periods as to which the Funded Debt/Partners' Capital Ratio is greater than 100 percent, 1.25 percentage points per annum.
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Examples of Fixed Rate Spread in a sentence

  • Day Count Convention During the Fixed Rate Period 30/360 (Following, unadjusted) During the Floating Rate Period, Actual/360 (Modified following) Business Days New York and London US Treasury Benchmark T 2.625% due February 15, 2029 US Treasury Benchmark Yield 2.545% Fixed Rate Spread to Benchmark Treasury T+ 190 bps Floating Rate Pricing Benchmark Three-month U.S. dollar LIBOR, (Reuters LIBOR01), modified following, adjusted.

  • Day Count Convention During the Fixed Rate Period 30/360 (Following, unadjusted) During the Floating Rate Period, Actual/360 (Modified following) Business Days New York and London US Treasury Benchmark T 2.375% due February 29, 2024 US Treasury Benchmark Yield 2.419% Fixed Rate Spread to Benchmark Treasury T+ 185 bps Floating Rate Pricing Benchmark Three-month U.S. dollar LIBOR, (Reuters LIBOR01), modified following, adjusted.

  • Subject to Section 9.13, the Loans comprising each Foreign Currency Borrowing shall bear interest at the Foreign Currency Rate for the Interest Period in effect for such Borrowing plus the Applicable Rate (determined based on the Fixed Rate Spread).

  • PPL - means the Act of January 29, 2004 - Public Procurement Law.

  • Upon the conversion of a portion of a Floating Rate Loan to a Fixed Rate Loan an appropriate notation will be made on the Term Note and, on and after the first interest payment date following the receipt by Company of a notice hereunder, such portion of the Term Loan which is converted to a Fixed Rate Loan shall bear interest at the Fixed Rate plus the Fixed Rate Spread until repaid in full.


More Definitions of Fixed Rate Spread

Fixed Rate Spread means {circle} per cent. per annum.
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Fixed Rate Spread. With respect to each Series of Class A Certificates, as defined in the related Supplement.
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Fixed Rate Spread. Tranche A Loans”, “Daily Rate Spread Tranche A Loans”, “Fixed Rate/▇▇▇▇▇ Spread Revolving Loans” or “Alternate Base Rate/Canadian Prime Rate/Foreign Base Rate Spread Revolving Loans”, as the case may be, based upon the Credit Rating as of the relevant date of determination. For purposes of the foregoing, (x) if the Credit Ratings established or deemed to have been established by Moody’s, Fitch and S&P shall fall within different Categories, the Applicable Percentage shall be based on the Category in which the highest rating falls unless the two highest ratings differ by two or more Categories, in which case the Applicable Percentage shall be based on the Category one level below the Category in which the highest rating falls and (y) if the Credit Ratings established or deemed to have been established by S&P, Fitch or Moody’s shall be changed (other than as a result of a change in the rating system of S&P, Fitch or Moody’s), such change shall be effective on the earlier of the date on which such change is publicly announced and the date on which Holdings or any of its Subsidiaries receives written notice of such change. Each change in the Applicable Percentage shall apply during the period commencing on the effective date of such change and ending on the date immediately preceding the effective date of the next such change. If the rating system of S&P, Fitch or Moody’s shall change, or if any rating agency shall cease to be in the business of providing issuer or long-term debt ratings, as the case may be, the U.S. Borrower and the Administrative Agent shall negotiate in good faith to amend this definition to reflect such changed rating system or the unavailability of ratings from such rating agency and, pending the effectiveness of any such amendment, the Applicable Percentage shall be determined by reference to the rating of the other rating agencies (or, if the circumstances referred to in this sentence shall affect two or more such rating agencies, the ratings most recently in effect prior to such changes or cessations). Category 1 > A A A2 N/A 0.750 % 0.0 % 0.680 % 0.0 % 0.070 % Category 2 ▇- ▇- ▇▇ N/A 0.875 % 0.0 % 0.785 % 0.0 % 0.090 % Category 3 BBB+ BBB+ Baa1 N/A 1.000 % 0.0 % 0.900 % 0.0 % 0.100 % Category 4 BBB BBB Baa2 N/A 1.150 % 0.150 % 1.000 % 0.0 % 0.150 % Category 5 < BBB- < BBB- < Baa3 N/A 1.250 % 0.250 % 1.075 % 0.075 % 0.175 %
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Fixed Rate Spread means o per cent. per annum.
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Fixed Rate Spread means 0.00 % per annum.
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Fixed Rate Spread means, at the time in question, the per annum percentage set forth in the first column of the following table opposite the range set forth in the second column of such table in which range is included the quotient of (a) the sum of the Obligations and Additional Senior Indebtedness outstanding at such time (excluding accrued interest which is not past due), divided by (b) the Borrowing Base in effect at such time: Per Annum Fixed Rate Spread Range of Quotients --------------------------- ------------------
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Fixed Rate Spread means, at the time in question, the per annum ----------------- percentage set forth in the first column of the following table opposite the range set forth in the second column of such table in which range is included the Debt to Capitalization Ratio: Per Annum Fixed Rate Spread Debt to Capitalization Ratio --------------------------- ----------------------------
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