Initial Interest Rate Period definition

Initial Interest Rate Period means the period commencing on the date of issuance for the Notes and ending on the Business Day immediately preceding the Initial Interest Rate Adjustment Date.

Initial Interest Rate Period means the Interest Rate Period for the Bonds on the date of issuance and delivery of the Bonds as specified in Section 2.01(b) hereof.

Initial Interest Rate Period means the period (i) from (and including) the Issue Date to (but excluding) the next Initial Interest Payment Date or (ii) from (and including) any Initial Interest Payment Date to (but excluding) the next Initial Interest Payment Date.

Examples of Initial Interest Rate Period in a sentence

• The Notes will initially bear interest at the Initial Interest Rate as set forth on Annex A thereof for the Initial Interest Rate Period.

• Terms of redemption, if any, during the Initial Interest Rate Period for any Remarketed Note will be fixed at the time of sale of such Remarketed Note and set forth in the applicable Pricing Supplement.

• In the case of Remarketed Notes, terms of repayment, if any, during the Initial Interest Rate Period for any Note will be fixed at the time of sale of such Remarketed Note and set forth in the applicable Pricing Supplement.

• Revolving Loans may consist of Base Rate Loans or Eurodollar Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof; provided, however, that (x) during the Initial Interest Rate Period, all Eurodollar Loans shall have an Interest Period of one (1) month and (y) no more than 10 Eurodollar Loans shall be outstanding hereunder at any time.

• The Notes will then be subject, at any time, subject to certain exceptions, to the optional redemption by the Company commencing 60 days after the Initial Interest Rate Period.

More Definitions of Initial Interest Rate Period

Initial Interest Rate Period means the period commencing as of the Closing Date and ending October 31, 1997, during which time all Eurodollar Loans shall have an Interest Period of one (1) month.

Initial Interest Rate Period shall apply to such Interest Rate Period, and provisions in this Article Eight applicable to the "Initial Interest Rate Adjustment Date" shall apply to the Interest Rate Adjustment Date immediately succeeding such Interest Rate Period.

Initial Interest Rate Period set forth in Section 1 of the Note Purchase Agreement is hereby deleted and the following new definition of that term is hereby inserted in lieu thereof:

Initial Interest Rate Period means the period from and including August 31, 2006 to but not including the day immediately following the Restructuring Date."

Initial Interest Rate Period means the period beginning on the first day the Notes are issued and ending on the first day of the calendar year following completion of the Transaction.

Initial Interest Rate Period means the period from the Original Issuance Date to, but excluding, the Initial REPS Remarketing Date.

Initial Interest Rate Period means the period during which all Loans ---------------------------- shall be Base Rate Loans or LIBOR Rate Loans with Interest Periods of one month, which period shall commence on the date three (3) Business Days after the Closing Date and end on the earlier of (i) the date on which the Administrative Agent notifies the Borrowers that the syndication process with respect to the Loans and the Commitments hereunder has been completed, or (ii) the date sixty (60) days after the Closing Date.