Interest Period
Interest Period. With respect to any Term SOFR Borrowing, the period commencing on the date of such Borrowing and ending on the numerically corresponding day in the calendar month that is one week, one month, three months or six months (or, with the consent of each Lender, twelve months) thereafter, as the Borrower may elect; 1 provided, that (a) if any Interest Period would end on a day other than a Business Day, such Interest Period shall be extended to the next succeeding Business Day unless such next...
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Found in
Oasis Petroleum contract
Interest Period. Means a one month period commencing with the date of the Note and each subsequent Interest Period shall commence on the day which corresponds numerically to the date of the Note; provided that if there is no such numerically corresponding day, then the Interest Period shall commence on the next preceding calendar day; and further provided that the initial Interest Period may commence on the booking date and result in a shorter initial Interest Period. No Interest Period shall extend beyond the...
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Found in
Applied Optoelect contract
Interest Period. The one (1) month period commencing on the first day of each month; provided, however, that unless the Funding Date is the first of a month, the first Interest Period hereunder shall commence on the Funding Date and continue until the day preceding the first day of the first month following the Funding
Found in
Ramaco Resources, Inc. contract
Interest Period. Means the period commencing on the date of the Note and ending on the day that is immediately prior to the numerically corresponding day of each subsequent month, quarter or such other period for interest rate adjustments as set forth in Section 1.1 hereof; provided that: (a) any Interest Period which would otherwise end on a day which is not a Business Day shall be extended to the next succeeding Business Day; and (b) any Interest Period which begins on a day for which there is no numerically...
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Found in
GOLDFIELD CORP contract
Interest Period. Each of: the period beginning on and including the Effective Date and ending on December 31, 2019; the period beginning on and including January 1 and ending on March 31 of each calendar year thereafter commencing with 2020; the period beginning on and including April 1 and ending on June 30 of each calendar year thereafter commencing with 2020; the period beginning on and including July 1 and ending on September 30 of each calendar year thereafter commencing with 2020; and the period beginning...
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Found in
Freedom Leaf Inc. contract
Interest Period. A period of one (1) month, beginning on the first day of the calendar month and ending on the last day of that month; provided, however, that the first Interest Period under this Note shall begin on the date that the Loan is disbursed and end on the last day of the month in which the disbursement is made, and LIBOR for that first Interest Period shall still be based on a one month Interest Period.
Found in
Par Pacific Holdings, Inc. contract
Interest Period. Means three (3) Months.
All Definitions
Found in
SemiLEDs Corp contract