An Interest Period for a Loan shall not extend beyond the Termination Date applicable to its Facility.
An Interest Period for the Loan shall not extend beyond the Maturity Date. If an Interest Period would overrun the Maturity Date, it shall be shortened so that it ends on the Maturity Date.
An Interest Period for a Loan shall not extend beyond the last Repayment Date applicable to its Facility.
An Interest Period for a Loan shall not extend beyond the Final Maturity Date. If an Interest Period for a Loan selected a Borrower would, but for this clause 8.1.3, extend beyond the Final Maturity Date (such Interest Period, a “Broken Period”), then for that Broken Period the Base Rate shall be determined in accordance with the following formula: r = r1 + (t- t1) x (r2-r1) / (t2-t1) where: r = the Base Rate to be determined, r1 = the JIBAR or where it is not possible to determine JIBAR on any Reset Date, SAR-JIBAR-Reference Banks, in either case converted to a nominal annual compounded monthly in arrear rate, for the period closest to but less than that Broken Period plus, if this would result in r1 being equal to SAFEX Overnight Deposit Rate, 0,01%; r2 = JIBAR or where it is not possible to determine JIBAR on any Reset Date, SAR-JIBAR-Reference Banks, in either case converted to a nominal annual compounded monthly in arrear rate, for the period closest to but greater than that Broken Period; t1 = the number of days applicable to the period for which r1 is quoted on the first day of that Broken Period; t2 = the number of days applicable to the period for which r2 is quoted on the first day of that Broken Period; t = the number of days in that Broken Period.
An Interest Period for an Advance shall not extend beyond the applicable Termination Date, but shall be shortened so that it ends on the applicable Termination Date.
An Interest Period for a Loan shall not extend beyond the Final Maturity Date. If an Interest Period for a Loan selected by a Borrower would, but for this clause 8.1.3, extend beyond the Final Maturity Date (such Interest Period, a “Broken Period”), then for that Broken Period the Base Rate shall be determined in accordance with the following formula: r = r1 + (t- t1) x (r2-r1) / (t2-t1) where: r = the Base Rate to be determined, r1 = the Base Rate for the period closest to but less than that Broken Period, provided that if this would result in r1 being less than 1 month, then r1 shall be equal to JIBAR Overnight Deposit Rate plus 0,01%; r2 = the Base Rate for the period closest to but greater than that Broken Period; t1 = the number of days applicable to the period for which r1 is quoted on the first day of that Broken Period; t2 = the number of days applicable to the period for which r2 is quoted on the first day of that Broken Period; t = the number of days in that Broken Period.
An Interest Period for a Loan shall not extend beyond the Final Maturity Date.
9.1.4. Each Interest Period for a Loan shall start on the Utilisation Date for that Loan. 9.1.5. A Loan has one Interest Period only. 9.2. Non-Business Days Any rules specified as "Business Day Conventions" in the Reference Rate Terms shall apply to each Interest Period. 10. CHANGES TO THE CALCULATION OF INTEREST 10.
An Interest Period for a Facility A Loan (other than a Term-Out Loan) shall not extend beyond the Facility A Term Date.
An Interest Period for a Loan shall not extend beyond the Termination Date. In addition, the Borrower may select an Interest Period of less than one Month for any one or more Loans if necessary, to ensure that there are sufficient Loans which have an Interest Period ending on a Repayment Date for the Borrower to repay the instalment due on that Repayment Date.
