Common use of An Interest Period Clause in Contracts

An Interest Period. for the Loan shall not extend beyond the Maturity Date. If an Interest Period would overrun the Maturity Date, it shall be shortened so that it ends on the Maturity Date.

An Interest Period. for the a Loan shall not extend beyond the Maturity Date. If an Interest Period would overrun the Final Maturity Date, it but shall be shortened so that it ends on the Final Maturity Date.