Interest Period

Example Definitions of "Interest Period"
Interest Period. Shall mean, as to any LIBOR Rate Loan, the period commencing on the Draw Date, the Conversion Date or Continuation Date for such LIBOR Rate Loan and ending on the date that shall be: (i) If the Interest Period duration selected for such LIBOR Rate Loan is "one day": the following day; provided, however, that if an Interest Period would end on a day that is not a Business Day, such Interest Period shall be extended to the ... next succeeding Business Day. (ii) If the Interest Period duration selected for such LIBOR Rate Loan is other than "one day": the numerically corresponding day (or, if there is no numerically corresponding day, on the last day) of the calendar month that is one (1), two (2), three (3), or six (6) months thereafter, in each case as Borrower may elect; provided, however, that if an Interest Period would end on a day that is not a Business Day, such Interest Period shall be extended to the next succeeding Business Day unless such next succeeding Business Day would fall in the next calendar month, in which case such Interest Period shall end on the immediately preceding Business Day. View More Arrow
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Interest Period. Shall mean, as with respect to any LIBOR Rate Loan, the period commencing on the Draw Date, the Conversion Date or Continuation Date for such LIBOR Rate Loan and ending on the date that shall be: (i) If the Interest Period duration selected for such LIBOR Rate Loan is "one day": the following day; provided, however, that if an Interest Period would end on a day that is not a Business Day, such Interest Period shall be extended to the next succeeding Business Day. (ii) If the Interest Period... duration selected for such LIBOR Rate Loan is other than "one day": the numerically corresponding day (or, if there is no numerically corresponding day, on the last day) of the calendar month that is one (1), two (2), three (3), (3) or six (6) months thereafter, after the commencement of such period, in each case as Borrower may elect; accordance with Borrower's election made pursuant to the terms of this Note; provided, however, that if an Interest Period would end on a day that is not a Joint Business Day, such Interest Period shall be extended to the next succeeding Joint Business Day Day, unless such next succeeding Joint Business Day would fall in the next calendar month, in which case such Interest Period shall end on the immediately preceding Joint Business Day. To the extent that the preceding clause results in either the extension or shortening of an Interest Period for a particular Loan, the Bank shall have the right (but not the obligation) to shorten or extend, respectively, the succeeding Interest Period so that it shall end on a day that numerically corresponds to the Draw Date for such Loan. View More Arrow
Interest Period. Shall mean, as to any the LIBOR Rate Loan, Rate, the period commencing on the Draw Date, the Conversion Date date of this Note or Continuation Date for such LIBOR Rate Loan (as the case may be) and ending on the date that shall be: (i) If the Interest Period duration selected for such LIBOR Rate Loan below is "one day": the following day; provided, however, that if an Interest Period would end on a day that is not a Business Day, such Interest Period shall be extended to the next succeeding... Business Day. (ii) If the Interest Period duration selected for such LIBOR Rate Loan below is other than "one day": the numerically corresponding day (or, if there is no numerically corresponding day, on the last day) of the calendar month that is one (1), two (2), three (3), (3) or six (6) months thereafter, in each case as Borrower may elect; thereafter (as selected below); provided, however, that if an Interest Period would end on a day that is not a Business Day, such Interest Period shall be extended to the next succeeding Business Day unless such next succeeding Business Day would fall in the next calendar month, in which case such Interest Period shall end on the immediately preceding Business Day. View More Arrow
Interest Period. Shall mean, as with respect to any LIBOR Rate Loan, the period commencing on the Draw Date, the Conversion Date or Continuation Date for such LIBOR Rate Loan and ending on the date that shall be: (i) If the Interest Period duration selected for such LIBOR Rate Loan is "one day": the following day; provided, however, that if an Interest Period would end on a day that is not neither a London Business Day nor a New York Business Day, such Interest Period shall be extended to the next succeeding day that is either a London Business Day or a New York Business Day. (ii) If the Interest Period duration selected for such LIBOR Rate Loan is other than "one day": the numerically corresponding day (or, if there is no numerically corresponding day, on the last day) of the calendar month that is one (1), two (2), three (3), (3) or six (6) months thereafter, after the commencement of such period, in each case as Borrower may elect; accordance with Borrower's election made pursuant to the terms of this Note; provided, however, that if an Interest Period would end on a day that is not a Joint Business Day, such Interest Period shall be extended to the next succeeding Joint Business Day Day, unless such next succeeding Joint Business Day would fall in the next calendar month, in which case such Interest Period shall end on the immediately preceding Joint Business Day. To the extent that the preceding clause results in either the extension or shortening of an Interest Period for a particular Loan, the Bank shall have the right (but not the obligation) to shorten or extend, respectively, the succeeding Interest Period so that it shall end on a day that numerically corresponds to the Draw Date for such Loan. View More Arrow
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Interest Period. Means with respect to funds bearing interest at a rate based on the LIBOR Rate, any calendar period of THREE 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 Arrow
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Interest Period. Means with respect to funds bearing interest at a rate based on the LIBOR Rate, Shall mean any calendar period of THREE MONTHS. one (1), three (3), six (6), nine (9) or, subject to availability, 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. In no event shall any Interest Period extend beyond the Termination Date. View More Arrow
Interest Period. Means with respect to funds bearing interest at a rate based on the LIBOR Rate, Shall mean any calendar period of THREE MONTHS. one (1), three (3), six (6), nine (9) or, subject to availability, 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. In no event shall any Interest Period extend beyond the Maturity Date. View More Arrow
Interest Period. Means with respect to funds bearing interest at a rate based on the LIBOR Rate, Shall mean any calendar period of THREE MONTHS. one (1), three (3), six (6), nine (9) or, subject to availability, 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 Page 4 on the next preceding Business Day. In no event shall any Interest Period extend beyond the Maturity Date. View More Arrow
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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 month View More Arrow
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 Arrow
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 Arrow
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 Arrow
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Interest Period. Means with respect to Euro Rate loans, the period as Chase may offer and as the Borrower may select, commencing on the Loan Date and ending on the numerically corresponding day in the first, second, third, or sixth calendar month thereafter, PROVIDED that each such Interest Period which commences on the last Banking Day of a calendar month (or on any day for which there is no numerically corresponding day in the appropriate subsequent calendar month) shall end on the last Banking... Day of the appropriate calendar month. In no event shall an Interest Period have a duration of less than one month or exceed the Maturity Date. View More Arrow
Interest Period. Means with respect to any Euro Rate loans, Loan, the period as Chase may offer and as the Borrower may select, commencing on the Loan Date first date of such period and ending on the numerically corresponding day in the first, second, third, second or sixth third calendar month thereafter, PROVIDED provided that each such Interest Period which commences on the last Banking Day of a calendar month (or on any day for which there is no numerically corresponding day in the appropriate subsequent... calendar month) shall end on the last Banking Day of the appropriate subsequent calendar month. In no event shall an Interest Period have a duration of less than one month or exceed extend beyond the Maturity Date. View More Arrow
Interest Period. Means with respect to any Euro Rate loans, Loan, the period as Chase may offer and as the Borrower undersigned may select, commencing on the Loan Date first date of such period and ending on the numerically corresponding day in the first, second, third, second or sixth third calendar month thereafter, PROVIDED provided that each such Interest Period which commences on the last Banking Day of a calendar month (or on any day for which there is no numerically corresponding day in the appropriate... subsequent calendar month) shall end on the last Banking Day of the appropriate subsequent calendar month. In no event shall an Interest Period have a duration of less than one month or exceed extend beyond the Maturity Date. View More Arrow
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Interest Period. For each LIBOR Rate Loan, a period of approximately one, three or six months as the Borrower may elect, provided that the last day of an Interest Period for a LIBOR Rate Loan shall be determined in accordance with the practices of the LIBOR interbank market as from time to time in effect, provided, further, in all cases such period shall expire not later than the applicable Revolving Maturity Date.
Interest Period. For Means for each LIBOR Rate Loan, a period of approximately one, two or three or six months as the Borrower may elect, provided that the last day of an Interest Period for a LIBOR Rate Loan shall be determined in accordance with the practices of the LIBOR interbank market as from time to time in effect, provided, further, in all cases such period shall expire not later than the applicable Revolving Maturity Date.
Interest Period. For each LIBOR Rate Loan, a period of approximately one, two or three or six months as the Borrower may elect, provided that the last day -------- of an Interest Period for a LIBOR Rate Loan shall be determined in accordance with the practices of the LIBOR interbank market as from time to time in effect, provided, further, in all cases such period shall expire not later than the - -------- ------- applicable Revolving Maturity Date.
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Interest Period. Means that period selected by the Borrower, within the limitations of the first paragraph of this Note, during which an Agreed Rate Loan may bear interest at the applicable Fixed Rate.
Interest Period. Means that period selected by the Borrower, within the limitations of the first paragraph of this Note, during which an Agreed Rate Loan may bear interest at the applicable Fixed an Agreed Rate.
Interest Period. Means that That period selected by the Borrower, within the limitations of the first second paragraph of this Note, during which an Agreed Rate a LIBOR Loan may bear interest at the applicable Fixed Rate. fixed rate.
Interest Period. Means that period selected by the Borrower, within the limitations of the first paragraph of this Note, during which an Agreed Rate Loan may bear interest at the applicable Fixed an Agreed Rate.
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Interest Period. Shall mean, with respect to any Distribution Date, the period from and including the preceding Distribution Date (or, in the case of the First Distribution Date, from and including the Closing Date) to, but excluding, such Distribution Date.
Interest Period. Shall mean, Means with respect to any Distribution Date, Date (i) for the period Class A-1 Notes, from and including the preceding prior Distribution Date (or, (or in the case of the First first Distribution Date, from and including the Closing Date) to, but excluding, such the current Distribution Date, and (ii) with respect to the Class A-2 Notes and the Class A-3 Notes, from and including the 15th day of the preceding calendar month (or, in the case of the first Distribution Date, from and... including the Closing Date) to , but excluding, the 15th day of the month of the current Distribution Date. View More Arrow
Interest Period. Shall mean, with respect to any Distribution Date, the period from and including the preceding most recent Distribution Date on which interest has been paid (or, in the case of the First Distribution Date, from and including the Closing Date) to, but excluding, such the following Distribution Date.
Interest Period. Shall mean, with respect to any Distribution Date, the period from and including the preceding most recent Distribution Date on which interest has been paid (or, in the case of the First Distribution Date, from and including the Closing Date) to, but excluding, such the following Distribution Date.
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Interest Period. The period commencing on the date 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 last day of the month occurring prior to or 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. View More Arrow
Interest Period. The Means the period commencing on the date 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 last day of the month occurring prior to or on the date which is one (1), two (2), three (3), or six (6), nine (9) or twelve (12) (6) months thereafter, as selected by the Borrower; provided, however, no Interest Period may... extend beyond the Termination Date. View More Arrow
Interest Period. The Means the period commencing on the date a the 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 last first day of the month occurring prior to or on the date which is one (1), two (2), three (3), or six (6), nine (9) or twelve (12) (6) months thereafter, as selected by the Borrower; provided, however, no Interest... Period may extend beyond the Termination Date. View More Arrow
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Interest Period. Any term of 1 day, 1 week, 1 to 6, 9 or 12 months, ---------------- or such other term as may be acceptable to the Bank in its discretion, as set forth above under Specific Terms or, if not so set forth, as selected or agreed -------------- to by the Bank in its discretion. A term shall not be considered in "Interest Period" during any period that the Applicable Rate is a Variable Prime-Based Rate. Each Interest Rate shall commence immediately at the end... of the preceding Interest Period, if any; if there had been no immediately preceding Interest Period with respect to any Outstanding Principal Amount, the Interest Period shall commence on the first Business Day on which (i) such amount shall be outstanding and (ii) the Applicable Rate is not a Variable Prime-Based Rate. If any Interest Period would otherwise come to an end on a day which is not a Working Day, its termination shall be postponed to the next day that is a Working Day unless it would thereby terminate in the next calendar month. In such case, such Interest Period shall terminate on the immediately preceding Working Day. View More Arrow
Interest Period. Any term of 1 day, 1 week, 1 to 6, 9 3, 6 or 12 months, ---------------- or such other term as may be acceptable to the Bank in its discretion, as set forth above under Specific Terms or, or if not so set forth, as selected or agreed -------------- to by the Bank in its discretion. If, by Determination Time, should the Borrower not have requested a term for the next ensuing Interest Period, the Borrower shall be deemed to have requested the next Interest Period to be the same as the Interest... Period about to end. A term shall not be considered in an "Interest Period" during any period that the Applicable Rate is a Variable Prime-Based Rate. Each Interest Rate Period shall commence immediately at the end of the preceding Interest Period, if any; if any. If there had been no immediately preceding Interest Period with respect to any Outstanding Principal Amount, the Interest Period shall commence on the first Business Day on which (i) such amount shall be outstanding and (ii) the Applicable Rate is not a Variable Prime-Based Rate. If any Interest Period would otherwise come to an end on a day which that is not a Working Day, its termination shall be postponed to the next day that is a Working Day unless it would thereby terminate in the next calendar month. In such case, such Interest Period shall terminate on the immediately preceding Working Day. View More Arrow
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Interest Period. For the Loan means the period commencing on the date of the Loan and ending on the numerically corresponding day in each three month period thereafter; provided, however, that: (A) any Interest Period which would otherwise end on a day which is not a Banking Day shall be extended to the next succeeding Banking Day unless such Banking Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Banking Day, (B) any Interest Period which begins on the... last Banking Day of a calendar month (or on a day for which there is no numerically corresponding day in the last calendar month of such Interest Period) shall end on the last Banking Day of the last calendar month of such Interest Period; and (C) if any Interest Period includes a date on which a payment of principal of the Loan is required to be made but does not end on such date, then (x) the principal amount of the Loan required to be paid on such date shall have an Interest Period ending on such date and (y) the remainder (if any) of the Loan shall have an Interest Period determined as set forth above. View More Arrow
Interest Period. For the Loan means (i) initially, the period commencing on the date thereof and ending one month thereafter; and (ii) thereafter, the period commencing on the 2 last day of the Loan immediately preceding Interest Period and ending on the numerically corresponding day in each three one month period thereafter; provided, however, that: (A) any Interest Period which would otherwise end on a day which is not a Banking Day shall be extended to the next succeeding Banking Day unless such Banking Day... falls in another calendar month, in which case such Interest Period shall end on the next preceding Banking Day, (B) any Interest Period which begins on the last Banking Day of a calendar month (or on a day for which there is no numerically corresponding day in the last calendar month of such Interest Period) shall end on the last Banking Day of the last calendar month of such Interest Period; and (C) if any Interest Period includes a date on which a payment of principal of the such Loan is required to be made but does not end on such date, then (x) the principal amount of the such Loan required to be paid on such date shall have an Interest Period ending on such date and (y) the remainder (if any) of the such Loan shall have an Interest Period determined as set forth above. View More Arrow
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