Examples of Interest Accrual Period in a sentence
Day Count, unless otherwise specified in the Final Terms, the actual number of days in the immediately preceding Interest Accrual Period, divided by 360.
Month 2 Month 3 Month 4 Month 5 Month 6 Month > 6 Month TotalVolkswagen Leasing GmbH ABS Operationse-mail: ABSOperations@vwfs.com page 18 / 21 Reporting Date: 16.02.2012VCL 13Monthly Period: Januar 12Monthly Investor ReportPayment Date: 21.02.2012 Period No.: 4 Interest Accrual Period: 23.01.2012Contracts in Arrears II.
If the Calculation Agent is incapable or unwilling to act as such or if the Calculation Agent fails duly to establish the Interest Rate for any Interest Accrual Period or to calculate the Interest Amounts or any other requirements, the Issuer will appoint the London office of a leading bank engaged in the London interbank market to act as such in its place.
The initial Class Coupon of A is approximately 1.43033% per annum, based on LIBOR for the first Interest Accrual Period of 1.06033%.
LIBOR for the first Interest Accrual Period for the class A, B and C certificates will be 1.06033%.(7) The notional amount of the class XP certificates will be reduced to zero as of the Assumed Final Distribution Date for the class XP certificates.