Last Interest Period definition

Last Interest Period. The last Interest Period ends on (but excludes) the first Distribution Date that:

Last Interest Period the last Interest Period in respect of the Loan will terminate on the Final Maturity Date;

Last Interest Period means the period beginning on and including 23 September 2017 and ending on (but excluding) the Repayment Date;”(iii)deleting Clause 4 (Interest Periods) and replacing it with the following:

Examples of Last Interest Period in a sentence

• In the case of the First Interest Period and the Last Interest Period, the amount of interest payable shall be calculated as set out in Condition 6(d) (Calculation of interest for any other period).

• The amount of interest payable in respect of each Note for any Interest Period (other the First Interest Period and the Last Interest Period) shall be calculated by applying the Rate of Interest to the principal amount of such Note, dividing the product by two and rounding the resulting figure to the nearest cent (half a cent being rounded upwards).

• For the First Interest Period, the Last Interest Period and for any period other than an Interest Period, interest will be rounded as aforesaid, calculated on the basis of a year of 360 days consisting of 12 months of 30 days each and, in the case of an incomplete month, the actual number of days elapsed, from (and including) the first day of the period to (but excluding) the last day of the period.

• Specifically, in some languages, only items that may appear 20The Specificity Effect might also be seen as a lexical choice effect (ia–b) (Fiengo and Higginbotham 1981).

• The amount of interest payable per Calculation Amount for any period shall save as provided above in relation to equal instalments and the Last Interest Period, be equal to the product of the Rate of Interest, the Calculation Amount and the day-count fraction for the relevant period, rounding the resulting figure to the nearest cent (half a cent being rounded upwards).

More Definitions of Last Interest Period

Last Interest Period means the period beginning on and including 23 September 2015 and ending on (but excluding) the Redemption Date;”;(iii)deleting the first sentence of Condition 6.1 and replacing it with the following:

Last Interest Period. The last Interest Period ends on but excludes the Monthly Payment Date that all moneys the payment or repayment of which form part of the Obligations are paid or repaid in full to the Redraw Facility Provider.

Last Interest Period. The last Interest Period for a Drawing ends on (but excludes) the first Quarterly Distribution Date that:

Last Interest Period means the period beginning on and including 23 September 2015 and ending on (but excluding) the Repayment Date;”

Last Interest Period means when the Redemption Date falls on 23 January 2018 (or, if such day is not a business day, the next succeeding business day), the period beginning on and including 23 September 2017 and ending on (but excluding) the Redemption Date or, if the Redemption Date falls on 15 January 2016 (or, if such day is not a business day, the next succeeding business day), the period beginning on and including 23 September 2015 and ending on (but excluding) the Redemption Date;”;

Last Interest Period means the period beginning on and including 23 September 2015 and ending on (but excluding) the Redemption Date;”

Last Interest Period means if the Repayment Date falls on 15 January 2016 (or, if such day is not a Business Day, the next succeeding Business Day), the period beginning on and including 23 September 2015 and ending on (but excluding) the Repayment Date or, when the Repayment Date falls on 23 January 2018 (or, if such day is not a Business Day, the next succeeding Business Day), the period beginning on and including 23 September 2017 and ending on (but excluding) the Repayment Date;”