Duration of Interest Period Sample Clauses

Duration of Interest Period. Every Interest Period shall, subject to market availability to be conclusively determined by the Bank, be of the duration specified by the Borrower pursuant to Clause 3.2 but so that:
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Duration of Interest Period. 5. Payment instructions: (if applicable) We confirm that today and on the Drawdown Date:
Duration of Interest Period. One Month Two Months Three Months Six Months The Borrower hereby represents that, as of the date of this Borrowing Notice:
Duration of Interest Period. (a) The first Interest Period for each Loan shall start on the Utilisation Date of that Loan and shall end on the date failing six months from the Initial Utilisation Date. Each successive Interest Period for each Loan shall be for six months and shall start on the last date of the immediately preceding Interest Period for that Loan.
Duration of Interest Period months The Borrower hereby represents and warrants that the conditions specified in paragraphs (a), (b) and (c) of Section 3.2 of the Credit Agreement are satisfied. Very truly yours, NBC CAPITAL CORPORATION By: Name: Title:
Duration of Interest Period. We confirm that today and on the Drawdown Date no Default has occurred and is continuing or will occur on the making of the Advance. Signed For and on behalf of Tiger Telematics Inc. Part I (Conversion) The Lender may convert all or any part of the Loan into fully paid 0.001 common stock of Tiger Telematics Inc. ("the Company") at the conversion rate of 1 common stock for every US$0.30 of the principal amount of Loan on the following basis:
Duration of Interest Period. One Month Two Months Three Months
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Related to Duration of Interest Period

  • Duration of Interest Periods The duration of each Interest Period relating to the Advance shall, save as otherwise provided herein, be one, three, six or twelve months, or any such other period as may be agreed from time to time between the Borrower and the Agent, in each case as the Borrower may select by not less than three business days' prior notice to the Agent Provided that:

  • Determination of Interest Periods Every Interest Period shall be of the duration specified by the Borrowers pursuant to clause 3.2 but so that:

  • Selection of Interest Periods (a) A Borrower (or the Company on behalf of a Borrower) may select an Interest Period for a Loan in the Utilisation Request for that Loan.

  • Number of Interest Periods There may be no more than 6 different Interest Periods for LIBOR Loans outstanding at the same time.

  • Notification of Interest Periods and interest rate The Agent shall notify the Borrowers and the Banks promptly of the duration of each Interest Period and of each rate of interest (or, as the case may be default interest) determined by it under this clause 3.

  • Notification of interest periods and default rates The Agent shall promptly notify the Lenders and the Borrower of each interest rate determined by the Agent under Clause 7.3 and of each period selected by the Agent for the purposes of paragraph (b) of that Clause; but this shall not be taken to imply that the Borrower is liable to pay such interest only with effect from the date of the Agent’s notification.

  • Notification of Interest Periods and rates of normal interest The Agent shall notify the Borrower and each Lender of:

  • Duration of Interest Periods for repayment instalments In respect of an amount due to be repaid under Clause 8 on a particular Repayment Date, an Interest Period shall end on that Repayment Date.

  • Duration of normal Interest Periods Subject to Clauses 6.3 and 6.4, each Interest Period shall be:

  • Commencement of Interest Periods The first Interest Period shall commence on the Drawdown Date and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.

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