Loan Interest Period definition

Loan Interest Period means (a) with respect to the initial Payment Date, the period from and including the Closing Date to but excluding the initial Payment Date and (b) with respect to each subsequent Payment Date, the period from and including the Payment Date immediately preceding such Payment Date to but excluding such subsequent Payment Date.

Loan Interest Period has the meaning given to it in Section 6.1 of the Intercompany Loan Agreement;

Loan Interest Period means the period from (and including) the Closing Date to (but excluding) the first Loan Interest Payment Date and each successive period from (and including) a Loan Interest Payment Date to (but excluding) the next succeeding Loan Interest Payment Date.

Examples of Loan Interest Period in a sentence

• The rate of interest payable on the Loans for each Loan Interest Period is Loan EURIBOR (subject to a floor of zero) as determined on the relevant Quotation Day for that Loan Interest Period plus the applicable Loan Margin.

• As the first Loan Interest Period is shorter than the first Bond Interest Period, the amount of interest payable on the Partnership Debt together with the amount of interest payable on the Teesport Partnership Loan on the first Loan Interest Payment Date will be insufficient to meet the interest payable on the Bonds on the first Bond Interest Payment Date.

• Each interest accrual period for each Loan is of 3 months duration and starts on (and includes) a Loan Interest Period Date and ends on (but excludes) the next following Loan Interest Period Date (each, a "Loan Interest Period") save that the first Loan Interest Period for each Loan started on (and included) the Utilisation Date and will end on the first Loan Interest Period Date to occur after the Utilisation Date.

• The rate of interest applicable under the Subordinated Loan shall be Euribor for the relevant Subordinated Loan Interest Period (as defined below) plus a margin of 1 per cent.

• The activities of CMCase, FPase, and Xylanase were calculated by using the 3,5- dinitrosalicylic acid (DNSA) method [22].

More Definitions of Loan Interest Period

Loan Interest Period means, in respect of any Term Advance, each period from and including a Loan Interest Payment Date (or, in the case of the first Loan Interest Period, the Drawdown Date of the Term Advance) to, but excluding the next Loan Interest Payment Date (or, in the case of the first Loan Interest Period, the first Loan Interest Payment Date in respect of that Term Advance);

Loan Interest Period means, in relation to each Term Loan: (i) the relevant First Loan Interest Period; and thereafter (ii) each period starting on (and including) a Guarantor Payment Date and ending on (but excluding) the following Guarantor Payment Date.

Loan Interest Period. ’ means, each period determined in accordance with Clause 9 (Interest Periods) of the Facility Agreement and, in relation to an unpaid sum, each period determined in accordance with Clause 8.3 (Default interest) of the Facility Agreement.

Loan Interest Period means the period from (and including) the Closing Date to (but excluding) the first Loan Interest Payment Date and each successive period from (and including) a Loan Interest Payment Date to (but excluding) the next succeeding Loan Interest Payment Date. Prior to the service of a Partnership Enforcement Notice, any amount due and payable by the Issuer to the Partnership on any Loan Interest Payment Date pursuant to the Partnership Swap Agreement (other than any Issuer Partnership Swap Termination Amount) will be set-off against the amounts due and payable by the Partnership to the Issuer on that Loan Interest Payment Date under items (b), (d)(vii), (f), (g) and (h) above in such order of priority provided that such set-off will not be made to the extent that there would then be a shortfall in the amounts available to meet item

Loan Interest Period means, in relation to any Term Loan: (i) the relevant First Loan Interest Period; and thereafter (ii) each period starting on a Guarantor Payment Date (excluded) and ending on the following Guarantor Payment Date (included).

Loan Interest Period means, with respect to any Distribution Date, the period from and including the preceding Distribution Date to but excluding the current Distribution Date, provided, however, that the final Loan Interest Period shall end on the date following the Loan Commitment Termination Date on which all Loans under the Loan Agreements shall have been paid in full.

Loan Interest Period means in relation to (i) the first Loan Interest Period, the period starting on the Closing Date and ending on the first Loan Interest Payment Date, and subsequently, each Loan Interest Period, starting on the last day of its preceding Loan Interest Period and ending on the next Loan Interest Payment; and (ii) any Loan Unpaid Sum, the interest period determined by the Loan Agent in accordance with the default interest provision of the Loan Agreement.