Capitalization Period definition
Examples of Capitalization Period in a sentence
All interest accruing during any Interest Capitalization Period that is not paid during such Interest Capitalization Period and not capitalized pursuant to this paragraph (d) shall be payable in full in cash on the first Interest Payment Date occurring after the last day of such Interest Capitalization Period.
On the last day of the Interest Capitalization Period, the Commitment Fee in respect of any unutilized amount of the Loan Facility then remaining shall be calculated for the period from the Effective Date to (and including) that date, and shall constitute a Commitment Fee Cancellation Accrual Amount.
During the Capitalization Period, the Managing Venturer shall have the right to admit to the Joint Venture as Venturers those persons who are acceptable to the Managing Venturer and who otherwise satisfy the requirements of this Agreement.
Each Capitalization Period succeeds the previous one without interruption, until the Due Date.
Each Capitalization Period of the 1st Series will succeed the previous one, without interruption.