Interest Period. (a) initially, the period commencing on the date the Loan is made and ending March 31, 2009; and (b) each Interest Period thereafter shall commence on the day immediately following the expiration of the preceding Interest Period and end three (3) months thereafter, provided, however, that all of the foregoing provisions relating to Interest Periods are subject to the following: (i) if any Interest Period would otherwise end on a day which is not a Business Day, the Interest Period shall be... extended to the next succeeding Business Day unless the result of such extension would be to carry such Interest Period into another calendar month, in which event such Interest Period shall end on the immediately preceding Business Day; and (ii) any Interest Period that begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of a calendar monthView More
Interest Period. (a) initially, Means the period commencing on the date of the Loan is made initial borrowing under the Note (or the continuation of any prior interest period) and ending March 31, 2009; and (b) each Interest Period thereafter shall commence on the day immediately following the expiration of the preceding Interest Period and end date three (3) months thereafter, provided, however, that all of the foregoing provisions relating to Interest Periods are subject to the following: thereafter; provided... that: (i) if any Interest Period that would otherwise end on a day which that is not a Business Day, the Interest Period business day shall be extended to the next succeeding Business Day business day unless the result of such extension would be to carry such Interest Period into business day falls in another calendar month, in which event case such Interest Period shall end on the immediately next preceding Business Day; and business day; (ii) any Interest Period that begins on the last Business Day business day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of a the calendar month at the end of such Interest Period; and (iii) no Interest Period shall extend beyond the Maturity Date. View More
Interest Period. (a) initially, the period commencing on the date the Loan is made May 31, 2012 and ending March 31, 2009; one (1) or three (3) months thereafter, as selected by Borrower; and (b) each Interest Period thereafter shall commence on the day immediately following the expiration of the preceding Interest Period and shall end one (1) or three (3) months thereafter, as selected by Borrower, by irrevocable written notice to Bank before 12:00 p.m., New York time, not less than two (2) Business Days prior... to the last day of the then current Interest Period; (c) provided, however, that all of the foregoing provisions relating to Interest Periods are subject to the following: (i) if any Interest Period would otherwise end on a day which is not a Business Day, the Interest Period shall be extended to the next succeeding Business Day unless the result of such extension would be to carry such Interest Period into another calendar month, in which event such Interest Period shall end on the immediately preceding Business Day; and (ii) if Borrower shall fail to give notice as provided in clause (b) above, Borrower shall, in Bank's sole discretion and determination, be deemed to have requested that the Loan be continued for a successive Interest Period, the term of which shall be one (1) month; and (iii) any Interest Period that begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of a calendar month month; and (iv) notwithstanding anything to the contrary, no Interest Period may be selected that would end on a day after the Maturity Date View More
Interest Period. Shall mean (a) initially, the period commencing on the date the Borrowing Date of a Revolving Loan is made and ending March 31, 2009; on the numerically corresponding day in the calendar month that is three months after such Borrowing Date, and (b) thereafter, each Interest Period thereafter shall commence period commencing on the last day immediately following the expiration of the immediately preceding Interest Period and end ending on the numerically corresponding day in the calendar month... that is three (3) months thereafter, thereafter; provided, however, that all of the foregoing provisions relating to Interest Periods are subject to the following: (i) if any Interest Period would otherwise end on a day which is not other than a Business Day, the such Interest Period shall be extended to the next succeeding Business Day, unless such Business Day unless the result of such extension would be to carry such Interest Period into falls in another calendar month, in which event case such Interest Period shall end on the immediately next preceding Business Day; and Day, (ii) any Interest Period that which begins on the last Business Day of a calendar month (or on a day date for which there is no numerically corresponding day date in the calendar month at the end of such during which suc h Interest Period) Period is to end, shall end on the last Business Day of a such calendar month month, and (iii) no Interest Period shall end after the Maturity Date and any Interest Period which would, but for this clause, end after the Maturity Date shall instead end on the Maturity Date. View More
Interest Period. Means with respect to funds bearing interest at a rate based on the LIBOR Rate, any calendar period of one, two, three or six months. In determining an Interest Period, a month means a period that starts on one Business Day in a month and ends on and includes the day preceding the numerically corresponding day in the next month. For any month in which there is no such numerically corresponding day, then as to that month, such day shall be deemed to be the last calendar day of such month. Any... Interest Period which would otherwise end on a non-Business Day shall end on the next succeeding Business Day unless that is the first day of a month, in which event such Interest Period shall end on the next preceding Business Day.View More
Interest Period. Means with With respect to funds bearing interest at a rate based on Term SOFR, any 1, 3, or 6 months; provided, that any such tenor shall not be available to the LIBOR Rate, any calendar period of one, two, three extent that Bank has deemed such tenor to be unavailable, undeterminable or six months. non-representative. In determining an Interest Period, a month means a period that starts on one Business Day in a month and ends on and includes the day preceding the numerically corresponding day... in the next month. For any month in which there is no such numerically corresponding day, then as to that month, such day shall be deemed to be the last calendar day of such month. Any Interest Period which would otherwise end on a non-Business Day shall end on the next succeeding Business Day unless that is the first day of falls in a new calendar month, in which event such Interest Period shall end on the next preceding Business Day. Day View More
Interest Period. Means with With respect to funds bearing interest at a rate based on the LIBOR Rate, any calendar period of one, two, one (1) month, two (2) months, three (3) months, four (4) months, five (5) months, six (6) months, nine (9) months or six twelve (12) months. In determining an Interest Period, a month means a period that starts on one Business Day in a month and ends on and includes the day preceding the numerically corresponding day in the next month. For any month in which there is no such... numerically corresponding day, then as to that month, such day shall be deemed to be the last calendar day of such month. Any Interest Period which would otherwise end on a non-Business Day shall end on the next succeeding Business Day unless that is the first day of a month, in which event such Interest Period shall end on the next preceding Business Day. View More
Interest Period. (i) the period from the date hereof through the first day thereafter that is the 5th day of a calendar month and (ii) each period thereafter from the 6th day of each calendar month through the 5th day of the following calendar month; except that the Interest Period, if any, that would otherwise commence before and end after the Maturity Date shall end on the Maturity Date. Notwithstanding the foregoing, if Payee exercises its right to change the Payment Date to a New Payment Date in accordance... with Section 2.2.4 of the Loan Agreement, then from and after such election, each Interest Period shall be the period from the New Payment Date in each calendar month through the day in the next succeeding calendar month immediately preceding the New Payment Date in such calendar month.View More
Interest Period. (i) the period from the date hereof through the first day thereafter that is the 5th fifth day of a the next succeeding calendar month and (ii) each period thereafter from the 6th sixth day of each calendar month through the 5th fifth day of the following next succeeding calendar month; except that the Interest Period, if any, that would otherwise commence before and end after the Maturity Date shall end on the Maturity Date. Notwithstanding the foregoing, if Payee exercises its right to change... the Payment Date to a New Payment Date in accordance with Section 2.2.4 of the Loan Agreement, then from and after such election, each Interest Period shall be the period from the New Payment Date in each calendar month through the day in immediately preceding the next succeeding calendar month immediately preceding the New Payment Date in such calendar month. Date. View More
Interest Period. (a) with respect to the initial Interest Period, the period commencing on the execution date of the note and ending on the last day of the calendar year following the execution date; and (b) with respect to each subsequent Interest Period, the period commencing on the first day of the calendar year immediately following the preceding Interest Period and ending on the last day of such calendar year (or, if earlier, the Maturity Date.
Interest Period. Shall mean with respect to the Loan while it is a LIBOR Loan, the period commencing on the date of each Advance and ending one month thereafter, and each subsequent one (1) month period thereafter beginning on the date following the last day of the immediately preceding Interest Period
Interest Period. Means the period commencing on the date that a LIBOR Loan is made (including the date a Prime Loan is converted to a LIBOR Loan, or a LIBOR Loan is renewed as a LIBOR Loan, which, in the latter case, will be the last day of the expiring Interest Period) and ending on the date which is one (1), two (2), three (3), six (6), nine (9) or twelve (12) months thereafter, as selected by the Borrower; provided, however, no Interest Period may extend beyond the Termination Date.
Interest Period. The period beginning on the 24th day of each month and continuing through earlier to occur of (i) the 23rd day of the next month or (ii) the Maturity Date. Notwithstanding the foregoing, the first Interest Period under this Note shall begin on February 1, 2006 and shall continue through February 23, 2006 (the "First Interest Period")
