Additional Interest Period definition

Additional Interest Period shall have the meaning specified in Section 5.13(a).

Additional Interest Period is defined in Section 10.4(b)(iii).

Additional Interest Period means the period (a) commencing on (and including) the first day of the Fiscal Quarter following any Reference Period in respect of which the Net Debt to EBITDA Ratio calculated as of the last day of such Reference Period exceeds 3.50 to 1, and (b) ending on (and including) the last day of any subsequent Reference Period in respect of which the Net Debt to EBITDA Ratio calculated as of the last day of such Reference Period does not exceed 3.50 to 1.

Examples of Additional Interest Period in a sentence

• For any Amortizing Loan which is also an Additional Interest Period Loan, the applicable Mortgage Loan Seller(s), on behalf of the Depositor, instructed us to use “1” for the “Original Interest-Only Period (Mos.)” characteristic and “NAP” for the “Partial IO Last IO Payment” characteristic.

• For any Amortizing Loan (except for any Amortizing Loan which is also an Additional Interest Period Loan (as defined herein), which are described in the succeeding paragraph(s) of this Item), the applicable Mortgage Loan Seller(s), on behalf of the Depositor, instructed us to use “0” for the “Original Interest-Only Period (Mos.)” characteristic and “NAP” for the “Partial IO Last IO Payment” characteristic.

• For any Amortizing Loan which is also an Additional Interest Period Loan, the applicable Mortgage Loan Seller(s), on behalf of the Depositor, instructed us to use “1” for the “Original Interest-Only Period (Mos.)” characteristic.

• For any Amortizing Loan (except for any Amortizing Loan which is also an Additional Interest Period Loan (as defined herein), which are described in the succeeding paragraph(s) of this Item), the applicable Mortgage Loan Seller(s), on behalf of the Depositor, instructed us to use “0” for the “Original Interest-Only Period (Mos.)” characteristic.

• Use the “First Payment Date,” as shown on the Combined Data File, for any Amortizing Loan that is also an Additional Interest Period Loan.

More Definitions of Additional Interest Period

Additional Interest Period means each fiscal quarter of the Company commencing with the fiscal quarter ending March 31, 2009.

Additional Interest Period means the one year period from and including the date of any notice given pursuant to the proviso in Section 10.1 to but excluding the first anniversary of such date.

Additional Interest Period means each period beginning with the making of the first Specified Equity Contribution pursuant to Section 6.7 which results in the aggregate amount of Specified Equity Contributions, inclusive of the subject Specified Equity Contribution, exceeding $6,000,000 for the four Fiscal Quarter period ending as of the Fiscal Quarter in respect of which such Specified Equity Contribution was made and ending on the first day of the month immediately following the date upon which the Borrowers deliver financial statements and the related Compliance Certificate pursuant to Sections 4.4(a) and 4.4(m), respectively, demonstrating the Borrower’s compliance in any subsequent Fiscal Quarter with the financial covenants set forth in Sections 4.1 and 4.2 without the benefit of any Specified Equity Contribution in respect of the most recent Fiscal Quarter in such calculation period and no other Event of Default shall have existed or shall then exist.

Additional Interest Period has the meaning set forth in Section 2(e) hereof.

Additional Interest Period means, for each Additional Interest Payment Date, the immediately preceding completed Financial Year, the first such period beginning on the Financial Year starting on September 1, 2001;

Additional Interest Period shall have the meaning specified in Section 5.05.

Additional Interest Period has the meaning assigned to such term in Section 2.06(c).