Stub Interest Period definition

Stub Interest Period means the period commencing on the Closing Date and ending on (but not including) the first calendar day of the first month following the Closing Date (or if such day is not a Business Day, the next Business Day thereafter).
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Stub Interest Period as set forth in the definition of “Interest Period”.
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Stub Interest Period has the meaning assigned in Section 2.4(1).
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Examples of Stub Interest Period in a sentence

  • Maker shall have no right to prepay all or any part of this Note before the date that is twelve (12) calendar months from and after the first day immediately following the Stub Interest Period (the “Lockout Expiration Date”).

  • Subject to Section 5(h) below, Maker shall have no right to prepay all or any part of this Note before the date (the “ Lockout Expiration Date”) that is thirty-six (36) calendar months from and after the first day immediately following the Stub Interest Period.

  • Borrowers shall have no right to prepay all or any part of the Principal Indebtedness before the Payment Date that is thirty-six (36) calendar months from and after the first day immediately following the Stub Interest Period (the “Lockout Expiration Date”).

  • Interest only on the Principal Indebtedness shall be payable on the Closing Date, in advance, for the Stub Interest Period.

  • For the purposes of this Note, (i) the term “Payment Date” shall mean the first day of each calendar month beginning the second month following the Stub Interest Period through and including the first day of the calendar month immediately preceding the Maturity Date (hereinafter defined), and (ii) the first Payment Date shall be May 1, 2018.

  • Maker shall have no right to prepay all or any part of this AHAC Note before the date that is twenty-four (24) calendar months from and after the first day immediately following the Stub Interest Period (the “Lockout Expiration Date”).

  • Notwithstanding any provision of the Credit Agreement to the contrary, during the Stub Interest Period (as defined below), the Eurodollar Rate applicable to the Increase Term Loans advanced pursuant to this Agreement shall be equal to the Eurodollar Rate applicable to the Initial Term Loans that are Eurodollar Rate Borrowings outstanding on the Increase Effective Date.

  • Maker shall have no right to prepay all or any part of this [_] Note before the date that is thirty-six (36) calendar months from and after the first day immediately following the Stub Interest Period (the “ Lockout Expiration Date”).

  • Countries in all regions have been willing to engage with the OECD in numerous areas of work, both in a regional context and in the OECD Global Forums.

  • Maker shall have no right to prepay all or any part of this Note before the date that is forty-eight (48) calendar months from and after the first day immediately following the Stub Interest Period (the “ Lockout Expiration Date”).


More Definitions of Stub Interest Period

Stub Interest Period has the meaning set forth in the Notes.
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Stub Interest Period has the meaning assigned in Section 2.3(a).
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Stub Interest Period means the period from and including the Closing Date through and including August 31, 2022.
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Stub Interest Period has the meaning specified in the definition of "INTEREST PERIOD."
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Stub Interest Period means the period beginning on the Increase Effective Date and ending on the last day of the Interest Period in effect on the Increase Effective Date with respect to the then outstanding Initial Term Loans that are Eurodollar Rate Borrowings (which is December 30, 2011). The Term B-2 Loans advanced pursuant to this Agreement shall share ratably in optional and mandatory prepayments of Term Loans.
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Stub Interest Period means, in respect of each Interest Period, the period commencing on (but excluding) the Portfolio Observation Period End Date falling in such Interest Period to (and including) the Payment Date immediately thereafter.
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Related to Stub Interest Period

  • 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

  • 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.

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

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

  • 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.

  • 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.

  • 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.

  • 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.

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

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • Eurodollar Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurodollar Rate.

  • 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.

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(ii).