Interpolated Period definition
Interpolated Period with respect to a Benchmark means the period determined by interpolating on a linear basis between: (1) such Benchmark for the longest period (for which such Benchmark is available) that is shorter than the Corresponding Period and (2) such Benchmark for the shortest period (for which such Benchmark is available) that is longer than the Corresponding Period.
Interpolated Period with respect to the LIBO Rate, means the period determined by interpolating on a linear basis between (1) the LIBO Rate for the longest period (for which the LIBO Rate is available) that is shorter than the Corresponding Period and (2) the LIBO Rate for the shortest period (for which the LIBO Rate is available) that is longer than the Corresponding Period.
Interpolated Period with respect to LIBOR means the period determined by interpolating on a linear basis between: (1) LIBOR for the longest period (for which LIBOR is available) that is shorter than 3 months and (2) LIBOR for the shortest period (for which LIBOR is available) that is longer than 3 months;
More Definitions of Interpolated Period
Interpolated Period. The Interest Accrual Period (i) beginning on the Closing Date to but excluding the First Interest Determination End Date and (ii) beginning on the date of any Refinancing upon a redemption of the Secured Notes in whole that occurs on a Business Day that is not otherwise a Payment Date to but excluding the following Payment Date.