Number of Interest Periods definition

Number of Interest Periods means the number of full interest periods elapsed from, and including, the initial equity valuation date, to, and including, the relevant interest determination date.
Number of Interest Periods means the number of Interest Periods elapsed from, and including, [insert date], to, and including, the relevant Interest Determination Date;]
Number of Interest Periods means the number of full interest periods elapsed from, and including, the Issue Date, to, and including, the relevant Interest Payment Date.

Examples of Number of Interest Periods in a sentence

  • CREDIT FACILITY 32 39 Section 2.1. [Intentionally Omitted] 32 39 Section 2.2. Term Loans 32 39 Section 2.3. [Intentionally Omitted] 33 40 Section 2.4. Rates and Payment of Interest on Loans 33 40 Section 2.5. Number of Interest Periods 35 42 Section 2.6. Repayment of Loans 35 42 Section 2.7. Prepayments 35 42 Section 2.8. Continuation 35 42 Section 2.9. Conversion 36 43 Section 2.10.

  • The Administrative Agent will make the funds so received from the Lenders available to the Borrower at the Administrative Agent’s aforesaid address.2.9 Conversion and Continuation of Outstanding Advances; Maximum Number of Interest Periods.

  • CREDIT FACILITY 43 Section 2.1. Revolving Loans 43 Section 2.2. Intentionally Omitted 44 Section 2.3. Bid Rate Loans 44 Section 2.4. Letters of Credit 48 Section 2.5. Swingline LoansIntentionally Omitted 52 Section 2.6. Rates and Payment of Interest on Loans 54 Section 2.7. Number of Interest Periods 55 Section 2.8. Repayment of Loans 55 Section 2.9. Prepayments 55 Section 2.10.

  • Credit Facility 41 Section 2.1. Revolving Loans 41 Section 2.2. Term Loans 43 Section 2.3. Letters of Credit 44 Section 2.4. Swingline Loans 48 Section 2.5. Rates and Payment of Interest on Loans 50 Section 2.6. Number of Interest Periods 52 Section 2.7. Repayment of Loans 52 Section 2.8. Prepayments 52 Section 2.9. Continuation 55 Section 2.10.

  • Credit Facility 3436 Section 2.1. Loans 3436 Section 2.2. [Intentionally Omitted] 38 Section 2.3. [Intentionally Omitted] 38 Section 2.4. [Intentionally Omitted] 38 Section 2.5. Rates and Payment of Interest on Loans 38 Section 2.6. Number of Interest Periods 3739 Section 2.7. Repayment of Loans 3739 Section 2.8. Prepayments 3739 Section 2.9. Continuation 3739 Section 2.10.

  • Credit Facility 12 Section 2.1. Loans 12 Section 2.2. Rates and Payment of Interest on Loans 13 Section 2.3. Number of Interest Periods 13 Section 2.4. Repayment of Loans 14 Section 2.5. Prepayments 14 Section 2.6. Continuation 14 Section 2.7. Conversion 14 Section 2.8. Notes 15 Section 2.9. Joint and Several Liability 15 Section 2.10.

  • CREDIT FACILITY 3641 Section 2.1. Revolving Loans 3641 Section 2.2. Term Loans 3742 Section 2.3. [Reserved] 3843 Section 2.4. Letters of Credit 3843 Section 2.5. Swingline Loans 4449 Section 2.6. Rates and Payment of Interest on Loans 4651 Section 2.7. Number of Interest Periods 4752 Section 2.8. Repayment of Loans 4752 Section 2.9. Prepayments 4753 Section 2.10.

  • Section 2.1. Revolving Loans 30 Section 2.2. [Reserved] 31 Section 2.3. Swingline Loans 31 Section 2.4. Letters of Credit 33 Section 2.5. Rates and Payment of Interest on Loans 38 Section 2.6. Number of Interest Periods 38 Section 2.7. Repayment of Loans 39 Section 2.8. Prepayments 39 Section 2.9. Continuation 39 Section 2.10.

  • Credit Facility 42 Section 2.1. Revolving Loans 42 Section 2.2. 2023 Term Loans 43 Section 2.3. [Reserved] 44 Section 2.4. Letters of Credit 44 Section 2.5. Swingline Loans 50 Section 2.6. Rates and Payment of Interest on Loans 52 Section 2.7. Number of Interest Periods 53 Section 2.8. Repayment of Loans 53 Section 2.9. Prepayments 53 Section 2.10.

  • Any recalculation of interest or fees required by this Section 2.5.(c) shall survive the termination of this Agreement, and this provision shall not in any way limit any of the Administrative Agent’s, the Issuing Bank’s, or any Lender’s other rights under this Agreement.Section 2.6. Number of Interest Periods.


More Definitions of Number of Interest Periods

Number of Interest Periods. [Unlimited (provided the Borrowing Subsidiary is in compliance with minimum borrowing amounts and increments).] [specify other]
Number of Interest Periods. [Unlimited (provided the Alternate Currency Borrower is in compliance with minimum borrowing amounts and increments).] [specify other]
Number of Interest Periods. [___________].

Related to Number of Interest Periods

  • 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.

  • Interest Periods means period(s) of one (1), three (3) or six (6) months selected by the Borrower or such longer period(s) as the Lenders may agree;

  • 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.

  • 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

  • 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.

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

  • 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 307.

  • Eurocurrency Interest Period means with respect to any Eurocurrency Rate Borrowing, the period commencing on the date of such Borrowing and ending on the numerically corresponding day in the calendar month that is one, two, three or six months (or, to the extent agreed to by the Agent and each Lender making such Eurocurrency Rate Borrowing, twelve months or any shorter period) thereafter, as a Borrower may elect; provided that (a) if any Eurocurrency Interest Period would end on a day other than a Business Day, such Eurocurrency Interest Period shall be extended to the next succeeding Business Day unless such next succeeding Business Day would fall in the next calendar month, in which case such Eurocurrency Interest Period shall end on the next preceding Business Day, (b) any Eurocurrency Interest Period that commences on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the last calendar month of such Eurocurrency Interest Period) shall end on the last Business Day of the last calendar month of such Eurocurrency Interest Period and (c) no Eurocurrency Interest Period for any (i) Eurocurrency Rate Revolving Loan shall end after the latest Scheduled Termination Date for the applicable Revolving Commitments under the applicable Revolving Facility or (ii) Eurocurrency Rate Term Loans shall end after the stated maturity date of such Term Loans.

  • Eurodollar Interest Period or "Interest Period" shall mean, with respect to a Eurodollar Loan, a period of one, two, three or six months commencing on a Business Day selected by the Borrowers pursuant to this Agreement. Such Eurodollar Interest Period shall end on the day which corresponds numerically to such date one, two, three or six months thereafter, provided, however, that if there is no such numerically corresponding day in such next, second, third or sixth succeeding month, such Eurodollar Interest Period shall end on the last Business Day of such next, second, third or sixth succeeding month. If a Eurodollar Interest Period would otherwise end on a day which is not a Business Day, such Eurodollar Interest Period shall end on the next succeeding Business Day, provided, however, that if said next succeeding Business Day falls in a new calendar month, such Eurodollar Interest Period shall end on the immediately preceding Business Day.

  • 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.

  • LIBOR Interest Period means, with respect to a LIBOR Advance, a period of one, two, three or six months, as selected in advance by the Borrower.

  • 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”.

  • Eurodollar Period means, as to each Eurodollar Rate Loan, the period commencing on the date specified by Borrower pursuant to Section 2.1(b) and ending 1, 2, 3 or 6 months (or, with the written consent of all of the Lenders, any other period) thereafter, as specified by Borrower in the applicable Request for Loan; provided that:

  • Initial Interest Period shall have the meaning set forth in Section 2.3.1.

  • Eurodollar Loans Loans the rate of interest applicable to which is based upon the Eurodollar Rate.

  • LIBOR Period means, with respect to any LIBOR Loan, each period commencing on a LIBOR Business Day selected by Borrower pursuant to the Agreement and ending one, two or three months thereafter, as selected by Borrower's irrevocable notice to Agent as set forth in Section 1.5(e); provided, that the foregoing provision relating to LIBOR Periods is subject to the following:

  • Eurodollar Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • LIBOR Tranche means the collective reference to LIBOR Rate Loans whose Interest Periods begin and end on the same day.

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

  • Minimum Borrowing Amount means (i) for Revolving Loans $1,000,000 and (ii) for Swingline Loans, $100,000.

  • Eurodollar Business Day means any Business Day on which major commercial banks are open for international business (including dealings in Dollar deposits) in New York, New York and London, England.

  • Tranche Period means, with respect to any Purchaser Interest held by a Financial Institution: