Initial Interest Period definition

Initial Interest Period shall have the meaning set forth in Section 2.3.1.

Initial Interest Period means the initial Interest Period following the Closing Date which shall be for a period commencing on October 23, 2020 and ending on October 30, 2020.

Initial Interest Period means the first Interest Period, which shall begin on (and include) the Issue Date and end on (but exclude) the First Payment Date.

Examples of Initial Interest Period in a sentence

• After the Initial Interest Period, each interest accrual period thereafter (each, an “Interest Period”) shall commence on the fifteenth (15th) calendar day of a calendar month and ending on (and including) the fourteenth (14th) calendar day of the following calendar month.

• After the Initial Interest Period, each interest accrual period thereafter (each, an “Interest Period”) shall commence on the sixth (6th) day of each calendar month during the Term and shall end on and include the fifth (5th) day of the next occurring calendar month.

• The Calculation Agent will notify the Indenture Trustee, Paying Agent, Registrar, the Trust and if this Note is listed on a stock exchange, and the rules of such exchange so require, such exchange of each determination of the interest rate, Initial Interest Period, Interest Reset Period, and interest amount payable applicable to this Note promptly after such determination is made.

• Interest on the Base Principal shall be at the rate of 21.0% per annum ("Initial Interest Rate") from the date hereof through May 31, 2003 ("Initial Interest Period").

• During the five-year term commencing June 1, 2003 this Note is due and payable in equal and self liquidating monthly installments of Nine Thousand One Hundred Ninety-Three Dollars and 04/100 ($9,193.04) consisting of amortization of (i) Deferred Interest, (ii) interest on the Base Principal at the Initial Interest Rate during the Initial Interest Period, (iii) Base Principal and (iv) interest on the Base Principal at the Second Interest Rate during the Second Interest Period.

More Definitions of Initial Interest Period

Initial Interest Period means, in respect of a Variable Rate Note:

Initial Interest Period means the period starting on the Interest Commencement Date until (but excluding) the First Reset Date;

Initial Interest Period means the period from (and including) the Interest Commencement Date to (but excluding) the Interest Reset Date.

Initial Interest Period means, the period commencing on the date hereof and ending on the day immediately preceding the first (1st) day of the first (1st) full month following the date hereof.

Initial Interest Period means the period from (and including) the Issue Date to (but excluding) the First Reset Date; and

Initial Interest Period means, as to a series of Series 1999-1 Notes, the period commencing on the Closing Date and continuing through the day immediately preceding the Initial Interest Rate Adjustment Date for such series.

Initial Interest Period means the period from and including the date of this Supplemental Indenture to, but excluding, the first Floating Rate Interest Payment Date.