Interest Period
Interest Period. Consecutive calendar quarterly periods, beginning on the date hereof and ending on the Maturity Date; provided that: (a) the initial Interest Period shall begin on the date hereof and shall end on March 31, 2014 and each subsequent Interest Period will begin on the day following the last day of the preceding Interest Period (with such last day of such preceding Interest Period determined with reference to clauses (b) through (d) below); (b) any Interest Period that would otherwise end on a day...
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Found in
Sotherly Hotels Inc. contract
Interest Period. Means each period from and including the Closing Date to but excluding the first Interest Payment Date, and each successive period from and including an Interest Payment Date to but excluding the next succeeding Interest Payment Date.
Found in
Track Group, Inc. contract
Interest Period. A period of one month, at Borrower's election, which period shall commence on a Business Day selected by Borrower subject to the terms of this Note and shall be determined by Lender in accordance with this Note and Lender's loan systems and procedures periodically in effect, including, without limitation, in accordance with the following terms and conditions, as applicable: (a) In the case of immediately successive Interest Periods with respect to a continued LIBOR Rate Loan, each successive...
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Found in
JetPay Corp contract
Interest Period. Means the period beginning on and including the Issuance Date and ending on and including the Maturity Date.
Found in
GREENWOOD HALL, INC. contract
Interest Period. Each three-month period beginning on a scheduled Interest Payment Date.
Interest Period. The Interest Period with respect to the borrowing of the U.S. Term Loans on the Second Incremental Effective Date shall be a period commencing on the Second Incremental Effective Date and ending on March 30, 2018.
Found in
Terex Corp contract
Interest Period. Shall mean the one-month period commencing on the date hereof and succeeding one-month periods, each beginning when the previous one ends, provided that the last such period shall end on the Maturity and no Interest Period shall extend the Maturity. If any Interest Period would otherwise come to an end on a day that is not a Working Day, its termination shall be postponed to the next day that is a Working Day unless it would otherwise terminate in the next calendar month, in which case such...
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Found in
ARK RESTAURANTS CORP contract
Interest Period. Means as to each Alternative Currency Term Rate Loan, the period commencing on the date such Alternative Currency Term Rate Loan is disbursed or converted to or continued as an Alternative Currency Term Rate Loan and ending on the date one, three or six months thereafter (in each case, subject to availability for the interest rate applicable to the relevant currency), as selected by the Parent Borrower (on behalf of itself or any Subsidiary Borrower) in its Notice of Borrowing, or such other...
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Found in
Brink's Company (The) contract
Interest Period. A period of one (1) month; provided, that any Interest Period that would otherwise end on a day that is not a Business Day shall be extended to the next succeeding Business Day unless such Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Business Day. The initial Interest Period shall commence on the Closing Date
Interest Period. Each period commencing on an Interest Date and ending on the date preceding the next Interest Date; provided that the first Interest Period shall begin on the Issuance Date
All Definitions
Found in
TUESDAY MORNING CORP contract