Interest Capitalization Date definition
Interest Capitalization Date means (A) each February 1, May 1, August 1 and November 1 of each calendar year, beginning on February 1, 2024; and (B) if not otherwise included in clause (A), the Maturity Date.
Interest Capitalization Date means, as to any Loan, March 31, June 30, September 30 and December 31 of each year.
Interest Capitalization Date means (A) June 1, 2024, and each February 1, May 1, August 1 and November 1 of each calendar year thereafter; and (B) if not otherwise included in clause (A), the Maturity Date.
Examples of Interest Capitalization Date in a sentence
Interest on the Fixed Deferred Purchase Price shall be capitalized as of the start of each Interest Capitalization Date by increasing the outstanding amount of the Fixed Deferred Purchase Price by the amount of accrued but unpaid interest on the Fixed Deferred Purchase Price as of such time and thereafter deeming such accrued interest paid in full as of such time.
During the period from and including the Loan Origination Date until the Final Interest Capitalization Date, on the fourteenth day of each month accrued and unpaid interest will be added to the principal amount of the Loan.
More Definitions of Interest Capitalization Date
Interest Capitalization Date means (A) each February 1, May 1, August 1 and November 1 of each calendar year, beginning on August 1, 2024; and (B) if not otherwise included in clause (A), the Maturity Date.”
Interest Capitalization Date means, for a Senior Loan, each Reset Date occurring after the Drawdown Date for such Senior Loan.
Interest Capitalization Date means (i) the last day of each month, commencing on July 31, 2025; and (ii) if not otherwise included in clause (i), the Maturity Date.
Interest Capitalization Date means any date on which interest accrued on the Funding LLC Loans and the Lessor Notes is capitalized under and in accordance with the terms of Section 2.02(f) of each Lessor Loan Agreement.
Interest Capitalization Date means 30 June in each year with the first Interest Capitalization Date being 30 June 2022.
Interest Capitalization Date set forth in Section 1 of each of the May 13 Note and the exhibit form of senior secured convertible note is hereby deleted in its entirety and amended and replaced with the following:
Interest Capitalization Date means each Interest Payment Date relating to an Interest Period for which PIK Interest has accrued.