An Interest Period for. a Loan shall not extend beyond the Final Maturity Date, but shall be shortened so that it ends on the Final Maturity Date. Each Interest Period for a Loan shall start on the relevant Utilisation Date or (if already made) on the last day of its preceding Interest Period.
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Samples: Credit Facilities Agreement, Credit Facilities Agreement (Seadrill Partners LLC)
An Interest Period for. a Loan shall not extend beyond the Final Maturity Date applicable to its Facility. If an Interest Period would otherwise overrun the Final Maturity Date, but it shall be shortened so that it ends on the Final Maturity Date. Each Interest Period for a Loan shall start on the relevant Utilisation Date or (if already made) on the last day of its preceding Interest Period.
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An Interest Period for. a Loan shall not extend beyond the Final Maturity Date, but shall be shortened so that it ends on the Final Maturity Date. Each Interest Period for a Loan shall start on the relevant Utilisation Date or (if already made) on the last day of its preceding Interest Period.
Appears in 1 contract
