Commencement of Interest Periods. The first Interest Period applicable to an Advance shall commence on the relevant Utilization Date and each subsequent Interest Period for such Advance shall commence on the expiry of the preceding Interest Period.
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Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.)
Commencement of Interest Periods. The first Interest Period applicable to an the Advance shall commence on the relevant Utilization Drawdown Date and each subsequent Interest Period for such applicable to the Advance shall commence on the expiry of the preceding Interest Period.
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Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)
Commencement of Interest Periods. The first Interest Period applicable to in respect of an Advance shall commence on the relevant Utilization Drawdown Date applicable to that Advance and each subsequent Interest Period for such Advance Period, subject to Clause 5.2(b), shall commence on the expiry of the preceding Interest Period.
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Commencement of Interest Periods. The first Interest Period applicable to in respect of an Advance shall commence on the relevant Utilization Drawdown Date for that Advance and each subsequent Interest Period for such that Advance shall commence on the expiry of the preceding Interest PeriodPeriod in respect of that Advance.
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Commencement of Interest Periods. The first Interest Period applicable to an Advance shall commence has commenced on the relevant Utilization Drawdown Date thereof and each subsequent Interest Period for such Advance shall commence on the expiry of the preceding Interest Period.
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Commencement of Interest Periods. The first Interest Period applicable to an Advance shall commence on the relevant Utilization Drawdown Date of such Advance and each shall end on the first Quarterly Payment Date for such Advance. Each subsequent Interest Period for such Advance shall commence on the expiry of the preceding Interest Period.
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Commencement of Interest Periods. The first Interest Period applicable to an Advance shall commence on the relevant Utilization Drawdown Date of that Advance and each subsequent Interest Period for such Advance shall commence on the expiry of the preceding Interest Period.";
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Commencement of Interest Periods. The first Interest Period applicable to an Advance shall commence on the relevant Utilization Drawdown Date of such Advance and each shall end on the First Repayment Date for such Advance. Each subsequent Interest Period for such Advance shall commence on the expiry of the preceding Interest Period.
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Commencement of Interest Periods. The first Interest Period applicable to an Advance shall commence on the relevant Utilization Drawdown Date of that Advance and each subsequent Interest Period for such applicable to that Advance shall commence on the expiry of the preceding Interest PeriodPeriod applicable to it.
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Samples: Loan Agreement (Euronav NV)