Examples of Interest Adjustment Period in a sentence
The amount of the monthly installment of interest-only payable pursuant to this Section 3(d)(i) on an Installment Due Date will equal the product of (A) annual interest on the unpaid principal balance of this Note as of the first day of the Interest Adjustment Period immediately preceding the Installment Due Date at the Floating Interest Rate in effect for such Interest Adjustment Period, divided by 360, multiplied by (B) the number of days in such Interest Adjustment Period.
The amount of the monthly installment of interest-only payable pursuant to this Section 3(d) on an Installment Due Date will equal the product of (i) annual interest on the unpaid principal balance of this Note as of the first day of the Interest Adjustment Period immediately preceding the Installment Due Date at the Floating Interest Rate in effect for such Interest Adjustment Period, divided by 360, multiplied by (ii) the number of days in such Interest Adjustment Period.
The assessment targeted women workers in flower farms located in Nairobi and its environs, Rift Valley and Mt. Kenya regions.
The amount of the monthly installment of interest only payable pursuant to this Section 3(d)(i) on an Installment Due Date shall equal the product of (A) annual interest on the unpaid principal balance of this Note as of the first day of the Interest Adjustment Period immediately preceding the Installment Due Date at the Adjustable Interest Rate in effect for such Interest Adjustment Period, divided by 360, multiplied by (B) the number of days in such Interest Adjustment Period.
Therefore, the second Interest Adjustment Period will be the period from March 1, 2020 through March 31, 2020, and so on until the entire Indebtedness is paid in full.