Due Period definition
Examples of Due Period in a sentence
Commitment Fees accrued during each Due Period shall be payable on the related Payment Date and shall be calculated by the Administrative Agent pursuant to Section 2.10.
By Loan Party Order (which may be in the form of standing instructions), the Borrower may, so long as no Event of Default has occurred and is continuing, direct the Collateral Agent to, and, upon receipt of such Loan Party Order, the Collateral Agent shall, invest all funds received into the Closing Expense Account during a Due Period as so directed by the Borrower in Eligible Investments.
The Commitment Fees shall accrue for each day from, and including, the first day of each Due Period to butand exincluding the last day of such Due Period.
The Commitment Fees shall accrue for each day from, and including, the first day of each Due Period to and including the last day of such Due Period.