Interest Period Invoice Amount definition

Interest Period Invoice Amount for such subsequent Settlement Date until fully paid.
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Interest Period Invoice Amount means, with respect to each Lender for any Interest Period, an amount equal to the sum of (i) the amount of interest accrued hereunder on such Lender’s Loan during such Interest Period, plus (ii) the amount of Unused Fee (if any) accrued hereunder on such Lender’s Loan during such Interest Period; provided that if on any Settlement Date, all or any portion of the Interest Period Invoice Amount (as set forth on the applicable Monthly Invoice delivered for such Settlement Date) that is payable on such Settlement Date is not fully paid on such Settlement Date pursuant to Section 3.02(a) (as a result of insufficient Available Funds for the applicable distribution priority or otherwise) (the unpaid portion of such Interest Period Invoice Amount as of the close of such Settlement Date being the “Unpaid Interest Period Invoice Amount”), then such Unpaid Interest Period Invoice Amount shall accrue interest thereon at the applicable Interest Rate from the Settlement Date on which it was first due through the date that it is paid in full hereunder and, if not fully paid prior to any subsequent Settlement Date, shall be added to (and become part of) the “Interest Period Invoice Amount” for such subsequent Settlement Date until fully paid.
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Interest Period Invoice Amount means, with respect to each Lender for any Interest Period, the amount determined as of the related Invoice Delivery Date equal to the sum of (i) the amount of interest accrued hereunder on such Lender’s Loan during such Interest Period through such Invoice Delivery Date, plus (ii) the amount of Unused Fee (if any) accrued hereunder on such Lender’s Loan during such Interest Period through such Invoice Delivery Date, plus (iii) the Administrative Agent’s good faith estimate of the interest and Unused Fee (if any) that will accrue hereunder on such Lender’s Loan from such Invoice Delivery Date through the end of such Interest Period, plus (iv) an amount (which may be positive or negative) equal to the difference between (A) the amount of interest and Unused Fee (if any) that accrued hereunder on such Lender’s Loan from the immediately preceding Invoice Delivery Date through the end of the immediately preceding Interest Period minus (B) the estimate of such amount for such immediately preceding Interest Period that had been set forth on the invoice delivered on the immediately preceding Invoice Delivery Date pursuant to the foregoing clause (iii) with respect to such preceding Interest Period; provided, that if on any Settlement Date, all or any portion of the Interest Period Invoice Amount (as set forth on the applicable Monthly Invoice delivered for such Settlement Date) that is payable on such Settlement Date is not fully paid on such Settlement Date pursuant to Section 3.02(a) (as a result of insufficient Available Funds for the applicable distribution priority or otherwise) (the unpaid portion of such Interest Period Invoice Amount as of the close of such Settlement Date being the “Unpaid Interest Period Invoice Amount”), then such Unpaid Interest Period Invoice Amount shall accrue interest thereon at the applicable Interest Rate from the Settlement Date on which it was first due through the date that it is paid in full hereunder and, if not fully paid prior to any subsequent Settlement Date, shall be added to (and become part of) the “Interest Period Invoice Amount” for such subsequent Settlement Date until fully paid.
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Examples of Interest Period Invoice Amount in a sentence

  • The determination by the Administrative Agent of the Interest Period Invoice Amount (and the Interest Rate used in the calculation thereof) due to each of the Lenders, as set forth on any such invoice, shall be conclusive and binding absent manifest error.

  • The Administrative Agent will prepare an invoice for each Settlement Date (each, a “Monthly Invoice”), and deliver such invoice to the Servicer and the Borrower on the related Invoice Delivery Date, setting forth the Interest Period Invoice Amount due by the Borrower to each of the Lenders on such Settlement Date.

  • The Borrower shall cause the Servicer to include the Interest Period Invoice Amount set forth in such invoice as the amount to be distributed to the Lenders with respect thereto on the Servicer’s Monthly Settlement Certificate for such Settlement Date.

Related to Interest Period Invoice Amount

  • Interest Period Date means each Interest Payment Date unless otherwise specified hereon.

  • Interest Period End Date means the date or dates specified as such in, or determined in accordance with the provisions of, the Final Terms and, if an Applicable Business Day Convention is specified in the Final Terms, as the same may be adjusted in accordance with the Applicable Business Day Convention or, if the Applicable Business Day Convention is the FRN Convention and an interval of a number of calendar months is specified in the Final Terms as the Interest Accrual Period, such dates as may occur in accordance with the FRN Convention at such specified period of calendar months following the Interest Commencement Date (in the case of the first Interest Period End Date) or the previous Interest Period End Date (in any other case) or, if none of the foregoing is specified in the Final Terms, means the date or each of the dates which correspond with the Interest Payment Date(s) in respect of the Instruments.

  • Reset Interest Period means each period from (and including) any Reset Date and ending on (but excluding) the next Reset Date.

  • Fixed Interest Period means the period from (and including) an Interest Payment Date (or the Interest Commencement Date) to (but excluding) the next (or first) Interest Payment Date; and

  • Fixed Rate Interest Period means the period beginning on (and including) the Issue Date and ending on (but excluding) the first Fixed Rate Interest Payment Date, and each successive period beginning on (and including) a Fixed Rate Interest Payment Date and ending on (but excluding) the next succeeding Fixed Rate Interest Payment Date.

  • Eurodollar Interest Period means, for any Eurodollar-based Advance, an Interest Period of one, two or three months (or any shorter or longer periods agreed to in advance by the Borrower, Agent and the Lenders) as selected by Borrower, for such Eurodollar-based Advance pursuant to Section 2.3 or 4.4 hereof, as the case may be.

  • LIBOR Interest Period means, with respect to a LIBOR Advance, a period of one, two, three or six months (to the extent that periods in excess of three months are generally available from the Lenders), as selected in advance by the Borrower.

  • Floating Rate Interest Period means, during the Floating Rate Period, the period beginning on (and including) a Floating Rate Period Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Period Interest Payment Date; provided that the first Floating Rate Interest Period will begin on (and include) April 18, 2025 and will end on (but exclude) the first Floating Rate Period Interest Payment Date.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Interest Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Payment Date and each successive period beginning on (and including) an Interest Payment Date and ending on (but excluding) the next succeeding Interest Payment Date.

  • Default Interest Period means for any overdue amount of the Withdrawn Loan Balance, each Interest Period during which such overdue amount remains unpaid; provided, however, that the first such Default Interest Period shall commence on the 31st day following the date on which such amount becomes overdue, and the final such Default Interest Period shall end on the date at which such amount is fully paid.”

  • Impacted Interest Period has the meaning assigned to such term in the definition of “LIBO Rate”.

  • Interest Percentage With respect to any Class of Certificates and any Distribution Date, the ratio (expressed as a decimal carried to six places) of the Accrued Certificate Interest for such Class to the sum of the Accrued Certificate Interest for all Classes, in each case with respect to such Distribution Date, without regard to Relief Act Interest Shortfalls.

  • rest period is a paid interval which is included in the workday and is intended to give the employee an opportunity to have refreshments or a rest.

  • Subsequent Interest Period has the meaning specified in Section 3.7.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Maximum Swingline Amount means $5,000,000.

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Blended Rate means, with respect to any Taxable Year, the sum of the effective rates of tax imposed on the aggregate net income of the Corporate Taxpayer in each state or local jurisdiction in which the Corporate Taxpayer files Tax Returns for such Taxable Year, with the maximum effective rate in any state or local jurisdiction being equal to the product of: (i) the apportionment factor on the income or franchise Tax Return filed by the Corporate Taxpayer in such jurisdiction for such Taxable Year, and (ii) the maximum applicable corporate tax rate in effect in such jurisdiction in such Taxable Year. As an illustration of the calculation of Blended Rate for a Taxable Year, if the Corporate Taxpayer solely files Tax Returns in State 1 and State 2 in a Taxable Year, the maximum applicable corporate tax rates in effect in such states in such Taxable Year are 6% and 5%, respectively and the apportionment factors for such states in such Taxable Year are 60% and 40%, respectively, then the Blended Rate for such Taxable Year is equal to 5.6% (i.e., 6% times 60% plus 5% times 40%).

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Prepayment Shift Percentage Not applicable.

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).

  • Eurocurrency Interest Period means the Interest Period applicable to a Eurocurrency-based Advance.

  • Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.