Common use of Commencement of Interest Periods Clause in Contracts

Commencement of Interest Periods. The first Interest Period applicable to an Advance shall commence on the Drawdown Date thereof and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.

Commencement of Interest Periods. The first Interest Period applicable to an Advance shall commence on the Drawdown relevant Utilization Date thereof and each subsequent Interest Period for such Advance shall commence on the expiry of the preceding Interest Period.

Commencement of Interest Periods. The first Interest Period applicable to an Advance shall commence on the Drawdown Date thereof of such Advance and each shall end on the first Quarterly Payment Date for such Advance. Each subsequent Interest Period for such Advance shall commence on the expiry of the preceding Interest Period.

Commencement of Interest Periods. The first Interest Period applicable to an Advance shall commence on the Drawdown Date thereof of such Advance and each shall end on the First Repayment Date for such Advance. Each subsequent Interest Period for such Advance shall commence on the expiry of the preceding Interest Period.

Commencement of Interest Periods. The first Interest Period applicable to an Advance shall commence on the Drawdown Date thereof relating to that Advance and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.

Commencement of Interest Periods. The first Interest Period applicable to in respect of an Advance shall commence on the Drawdown Date thereof for that Advance and each subsequent Interest Period for that Advance shall commence on the expiry of the preceding Interest PeriodPeriod in respect of that Advance.

Commencement of Interest Periods. The first Interest Period applicable to an Advance shall commence on the Drawdown Date thereof of that Advance and each subsequent Interest Period applicable to that Advance shall commence on the expiry of the preceding Interest PeriodPeriod applicable to it.

Commencement of Interest Periods. The first Interest Period applicable to an Advance shall commence on the applicable Drawdown Date thereof and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.

Commencement of Interest Periods. The first Interest Period applicable to an Advance shall commence on the Drawdown Date thereof for that Advance and each subsequent Interest Period shall commence on the expiry of the preceding Interest PeriodPeriod provided that the first Interest Period applicable to the second Advance of a Tranche shall end on the last day of the Interest Period applicable to such Tranche which is current on the Drawdown Date of that Advance, whereupon both of the Advances in respect of such Tranche shall be consolidated and treated as a single Advance.

Commencement of Interest Periods. The first Interest Period applicable to an Advance shall commence has commenced on the Drawdown Date thereof and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.

Commencement of Interest Periods. The first Interest Period applicable to in respect of an Advance shall commence on the Drawdown Date thereof applicable to that Advance and each subsequent Interest Period Period, subject to Clause 5.2(b), shall commence on the expiry of the preceding Interest Period.

Commencement of Interest Periods. The first Interest Period applicable to an Advance shall commence on the Drawdown Date thereof relating to that Advance and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.. 7.2