Interest Period Definition Example with 4 Variations

This page contains an example definition of Interest Period, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
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
Found in INOVIO PHARMACEUTICALS, INC. contract

Variations

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
Found in SPECIALTY LABORATORIES INC contract
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
Found in SPECIALTY LABORATORIES INC contract
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
Found in SPECIALTY LABORATORIES INC contract
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 Page 4 Maturity Date. View More Arrow
Found in SPECIALTY LABORATORIES INC contract
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