Broken Period definition

Broken Period means either the period from the Commencement Date to the end of the then current Accounting Period or the period from the last occurring first day of an Accounting Period during the Term until the expiry or termination of the Term;
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Broken Period means, in relation to a Loan, the final Interest Period of that Loan, in each case only to the extent it is:
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Broken Period means the period from the Commencement Date of the Occupation Right (as specified in item 5.4 of the Schedule of Information) to the next following 31 March and also the period from and including 1 April during the term of this Agreement until the date on which the Operator settles the payments under a licence to a new resident.
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Examples of Broken Period in a sentence

  • Banks should not capitalise the Broken Period Interest paid to seller as part of cost, but treat it as an item of expenditure under Profit and Loss Account in respect of investments in Government and other approved securities.

  • As soon as practicable following the Commencement Date the Lessor will advise the Lessee of the Lessor's estimate of Outgoings through to the last day of the initial Broken Period.

  • Any required adjustment to reflect the actual annual Outgoings spent will be made at the end of the Accounting Period or Broken Period and any further payment required will be payable by the Licensee within 10 working days or a credit will be issued to the Licensee as appropriate.

  • Banks should not capitalise the Broken Period Interest paid to seller as part of cost, but treat it as an item of expenditure under P&L Account in respect of investments in Government and other approved securities.

  • Interest for Broken Period In the case of redemption of any of the Debentures on a day other than an Interest Payment Date, in compliance with the Conditions, accrued interest on the Debentures for such broken period shall be paid on a pro-rata basis.

  • Accounting for Broken Period InterestBanks shall not capitalize the broken period interest paid to the seller as part of cost and treat it as an item of expenditure under Profit & Loss Account in respect of investments in government securities and approved securities9.

  • Accounting for Broken Period InterestBanks shall not capitalize the broken period interest paid to the seller as part of cost and treat it as an item of expenditure under Profit & Loss Account in respect of investments in government securities and approved securities10.

  • The majority were from the US, and a significant number from Canada.

  • The Finance and Administration Group will charge Broken Period Interest for funds released prior to the signing of the Lease Agreement.

  • Accordingly, the Borrower/s shall be liable to make payment of Broken Period Interest at the rate stated in the Facility Documents for the period from the date of the disbursement of the Facility till the date of the immediately next monthly instalment.


More Definitions of Broken Period

Broken Period means the actual number of days commencing from the day of disbursal of the Loan Amount till one day prior to the commencement of the Due Date opted by the Borrower(s) and shall also include the actual number of days commencing from the Due Date till the date on which the Loan is prepaid prior to the next Due Date;
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Broken Period means, in relation to an A Preference Share, the first Dividend Period of that A Preference Share and the final Dividend Period of that A Preference Share, in each case only to the extent they are less than 91 (ninety one) days;
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Related to Broken Period

  • Open Period means the period beginning on and including the Trading Day immediately following the Effective Date and ending on the earlier to occur of (i) the date which is thirty-six (36) months from the Effective Date; or (ii) termination of the Agreement in accordance with Section 9, below.

  • Lock-in Period means the period of five consecutive years from the date of commencement of the policy, during which period the proceeds of the discontinued policies cannot be paid by the insurer to the policyholder or to the insured, as the case may be, except in the case of death or upon the happening of any other contingency covered under the policy.

  • return period means the period following expiry of the maximum parking stay in that parking place during which the driver shall not return the vehicle to the parking place;

  • Step-In Period means the period from the Step-In Date up to and including the Step-Out Date.

  • Ten Percent Shareholder means a person who owns (or is deemed to own pursuant to Section 424(d) of the Code) stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or of any of its Affiliates.

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7 a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • Wind-Down Period is defined in Section 12.5 of this Agreement.

  • Ten Percent Owner means an employee who owns or is deemed to own (by reason of the attribution rules of Section 424(d) of the Code) more than 10 percent of the combined voting power of all classes of stock of the Company or any parent or subsidiary corporation.

  • Option Period means the period during which an Option may be exercised.

  • Ten Percent Holder means a person who owns stock representing more than ten percent (10%) of the voting power of all classes of stock of the Company or any Parent or Subsidiary.

  • Plan Period means the period designated in Section 4.

  • Grant Period means the period between Effective Date and Expiration Date of the Grant Award Agreement during which time expenditure of all grant funds and all contributions to match must be made.

  • Option Exercise Period has the meaning set forth in Section 5.3(c).

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • Trading Period means the term as defined in the NEPOOL GIS Operating Rules.

  • Buydown Period The period of time when a Buydown Agreement is in effect with respect to a related Buydown Mortgage Loan.

  • Drawdown Period means, in relation to an Advance, the period commencing on the date of this Agreement and ending on the relevant Termination Date or the period ending on such earlier date (if any) on which (a) the aggregate amount of all Advances is equal to the Commitment or (b) the Commitment is reduced to zero pursuant to clauses 4.3, 10.2 or 12 or (c) Delivery of the Ship relevant to such Advance occurs;

  • PAGA Period means the period from June 25, 2020 through December 31, 2022.

  • Ten Percent Stockholder means a person who Owns (or is deemed to Own pursuant to Section 424(d) of the Code) stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or any Affiliate.

  • Rolling Period means, as of any date, the four Fiscal Quarters ending on or immediately preceding such date.

  • Selling Period means any Forward Hedge Selling Period or any Issuance Selling Period.

  • Risk Period means the period for which the Landlord decides to insure against loss of Rent, being a minimum of [three] years and a maximum of [five]14 years, starting on the date of the relevant damage or destruction;

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Base Period means (i) the test period ending December 31, 2010 (or, if the Commission has elected to stagger its biennial reviews of utilities as provided in subdivision 1, the test period ending December 31, 2010, for a Phase I Utility, or December 31, 2011, for a Phase II Utility), or (ii) the most recent test period with respect to which credits have been applied to customers' bills under the provisions of this subdivision, whichever is later.

  • Voting Period means the period commencing on (and including) the date of this Agreement and ending on (and including) the Expiration Date.

  • Lookback Period means the three completed fiscal years immediately preceding the Accounting Restatement Date, as well as any transition period (resulting from a change in the Company’s fiscal year) within or immediately following those three completed fiscal years (except that a transition period of at least nine months shall count as a completed fiscal year). Notwithstanding the foregoing, the Lookback Period shall not include fiscal years completed prior to the Effective Date.