Quarterly Interest Period means, with respect to a Quarterly Payment Date, the period from and including the Quarterly Payment Date immediately preceding such Quarterly Payment Date (or in the case of the first Quarterly Payment Date, the Closing Date) to but excluding the such Quarterly Payment Date.
Quarterly Interest Period means each period commencing on a Quarterly Interest Payment Date and continuing to but not including the next succeeding Quarterly Interest Payment Date (except that the first Quarterly Interest Period will commence on June 1, 2017).
Quarterly Interest Period means the period beginning on and including June 15, 2017 and ending on but excluding the next Interest Payment Date and each successive period beginning on and including an Interest Payment Date and ending on but excluding the next Interest Payment Date.
Examples of Quarterly Interest Period in a sentence
Interest on this Note will be computed on the basis of the actual number of days elapsed in each Quarterly Interest Period and a 360-day year.
Interest on this Note will accrue for each Quarterly Payment Date from the most recent Quarterly Payment Date on which interest has been paid to but excluding such Quarterly Payment Date or, if no interest has yet been paid, from the Closing Date (each, a "Quarterly Interest Period").
Interest due for any Quarterly Interest Period will be determined based on the actual number of days in such Quarterly Interest Period over a 360-day year.
If at least two such quotations are provided by Reference Banks to the Calculation Agent, the rate for that Quarterly Interest Period will be the arithmetic mean of the quotations.
Commencing on and including June 15, 2017, the Debentures shall bear interest at an annual rate of Three-Month LIBOR plus 2.0175% (the “Floating Rate”), computed for each Quarterly Interest Period on the basis of a 360-day year and the actual number of days elapsed.
More Definitions of Quarterly Interest Period
Quarterly Interest Period means, with respect to a Quarterly Payment Date, the period from and including the Quarterly Payment Date immediately preceding such Quarterly Payment Date (or in the case of the first Quarterly Payment Date, the Closing Date) to but excluding such Quarterly Payment Date. In the case of the initial Quarterly Interest Period, interest will accrue for the period from the Closing Date to but excluding [ ] (computed on the basis of the actual number of days elapsed in such Quarterly Interest Period over a year of 360 days) based on Three-Month LIBOR as determined on the initial LIBOR Determination Date and interest will accrue for the period from July [ ] to but excluding October [ ] (computed on the basis of the actual number of days elapsed in such Quarterly Interest Period over a year of 360 days) based on Three-Month LIBOR as determined on the LIBOR Determination Date in July [ ].
Quarterly Interest Period means each period commencing on a Quarterly Interest Payment Date and continuing to but not including the next succeeding Quarterly Interest Payment Date (except that the first Quarterly Interest Period will commence on January 15, 2018).
Quarterly Interest Period means each three month period ending on March 31, June 30, September 30 and December 31 of each year.
Quarterly Interest Period means each period commencing on, and including, a Quarterly Interest Payment Date and continuing to but not including the next succeeding Quarterly Interest Payment Date (except that the first Quarterly Interest Period will commence on, and include, February 15, 2028).
Quarterly Interest Period means the quarterly period commencing on each March 15, June 15, September 15 and December 15 and ending on the day before the following Interest Payment Date.
Quarterly Interest Period means, in connection with the calculation of PIK Interest accrued with respect to any specified Quarterly Payment Date, including the Maturity Date, the three-month period commencing on and including the fifteenth (15th) day of the prior calendar quarter and ending on and including the fourteenth (14th) day of the calendar quarter in which such Quarterly Payment Date occurs; provided, however, the initial Quarterly Interest Period shall begin on the Funding Date and shall end on the fourteenth (14th) day of the calendar quarter after the Funding Date (or if the 14th day of the calendar quarter in which the Funding Date occurs if the Funding Date occurs on or before the 14th day of such calendar quarter); provided, further, however, that notwithstanding the foregoing proviso, if the Funding Date is on or after October 15, 2023, then the initial Quarterly Interest Period shall begin on the Funding Date and shall end on January 14, 2023.
Quarterly Interest Period means, with respect to the Floating Rate Class A Notes which are Quarterly Pay Class A Notes and the accrual of LIBOR-based interest on the Quarterly Pay Interest Rate Swaps, in the case of the first Quarterly Payment Date, the period from and including the Closing Date to but excluding January 16, 2001; and for any other Quarterly Payment Date, the period from the last Quarterly Payment Date to but excluding such Quarterly Payment Date.