Interest Payment Period definition

Interest Payment Period means the period from and including an Interest Payment Date, or in the case of the first Interest Payment Period, the original date of issuance of the Debt Securities, to, but excluding, the next succeeding Interest Payment Date or, in the case of the last Interest Payment Period, the Redemption Date, Special Redemption Date or Maturity Date, as the case may be.
Interest Payment Period means the quarterly period from and including an Interest Payment Date to but not including the next succeeding Interest Payment Date, except for the first Interest Payment Period which shall be the period from and including the date of initial issuance of the Debentures (subject to Section 2.01(b) hereof) to but excluding August 15, 2012.
Interest Payment Period means the semi-annual period from and including an Interest Payment Date to but excluding the next succeeding Interest Payment Date, except for the first Interest Payment Period which shall be the period from and including the Original Issue Date to but excluding April 1, 2022.

Examples of Interest Payment Period in a sentence

  • If Freddie Mac may convert the interest rate on a Fixed/Variable Rate Debt Security from a fixed rate to a variable rate, or from a variable rate to a fixed rate, accrued interest for each Interest Payment Period may be calculated using an accrued interest factor in the manner described in Section 2.07(i)(E).


More Definitions of Interest Payment Period

Interest Payment Period. ’ means, in respect of the Initial Debt Securities, the period from and including an Interest Payment Date (or, in the case of the first Interest Payment Period, the Issue Date) to, but excluding, the next succeeding Interest Payment Date.
Interest Payment Period means with respect to any Interest Payment Date, the period commencing on the immediately preceding Interest Payment Date (or, in the case of the Interest Payment Period relating to the first Interest Payment Date, commencing on the Closing Date) and ending on the day immediately preceding such Interest Payment Date; provided, that, for the Interest Payment Date in October 2005, the Interest Payment Period shall commence June 30, 2005.
Interest Payment Period means the semi-annual period, from and including an Interest Payment Date to but not including the next succeeding Interest Payment Date, except for the first Interest Payment Period which shall be determined from and including the date of initial issuance of the Notes (subject to Section 2.01(b)) to but not including June 1, 2010.
Interest Payment Period. Reference Dealers: Maximum Interest Rate:
Interest Payment Period. Face Amount (if any): Maximum Interest Rate: Optional Repayment Date(s): Fixed Amount of each Indexed Minimum Interest Rate: Currency (if any): Optional Redemption Date(s): Aggregate Fixed Amount of each Calculation Agent: Indexed Currency (if any):
Interest Payment Period has the meaning specified in Section 1.1 of the Indenture.
Interest Payment Period means each period from and including one Interest Payment Date to but excluding the next following Interest Payment Date except that the initial Interest Payment Period will commence on and include the Issue Date;