Common use of Duration of Interest Periods Clause in Contracts

Duration of Interest Periods. (a) Subject to paragraphs (b) and (c) below, each Interest Period for the Loan shall be six (6) Months. (b) Each Interest Period for the Loan shall start on an Interest Payment Date and ending on the next Interest Payment Date, provided that the first Interest Period for the Loan shall commence on the Utilisation Date and end on the first Interest Payment Date. (c) An Interest Period for the Loan shall not extend beyond the Final Repayment Date.

Appears in 3 contracts

Samples: Facility Agreement, Facility Agreement (Pacific Alliance Group LTD), Facility Agreement (Sun Wise (UK) Co., LTD)

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Duration of Interest Periods. (aA) Subject to paragraphs (b) and (c) belowthe following provisions of this Clause 9, each an Interest Period for the each Loan shall be six three (63) Months. (bB) An Interest Period for a Loan commencing prior to a Repayment Date shall not extend beyond that Repayment Date. (C) Each Interest Period for the a Loan shall start on an Interest Payment its Utilisation Date and ending or (if already made) on the next last day of its preceding Interest Payment Date, provided that the first Interest Period for the Loan shall commence on the Utilisation Date and end on the first Interest Payment DatePeriod. (c) An Interest Period for the Loan shall not extend beyond the Final Repayment Date.

Appears in 1 contract

Samples: Facility Agreement

Duration of Interest Periods. (a) Subject to paragraphs paragraph (b) and (c) below, each Interest Period for the Loan shall be six (6) Monthsof 3 Month's duration, unless otherwise agreed between the Borrower and the Lender. (b) Each An Interest Period for the a Loan shall start on an Interest Payment Date and ending on not extend beyond the next Interest Payment Date, provided that the first Interest Period for the Loan shall commence on the Utilisation Date and end on the first Interest Payment Termination Date. (c) An Each Interest Period for the a Loan shall not extend beyond start on the Final Repayment DateUtilisation Date or (if already made) on the last day of its preceding Interest Period.

Appears in 1 contract

Samples: Facility Agreement (Far East Energy Corp)

Duration of Interest Periods. (a) Subject to paragraphs (b) and (c) below, each Each Interest Period for the Loan shall will be six of three (63) Monthsmonths’ duration. (b) Each Interest Period for the Loan shall start on an Interest Payment Date and ending on the next Interest Payment Date, provided that the first Interest Period for the Loan shall commence on the Utilisation Date and end on the first Interest Payment Date. (c) An Interest Period for the Loan shall not extend beyond the Final Repayment Termination Date. (c) Each Interest Period for the Loan shall start on the Utilisation Date or (if already made) on the last day of its preceding Interest Period.

Appears in 1 contract

Samples: Facility Agreement (Ozon Holdings PLC)

Duration of Interest Periods. (a) Subject to paragraphs (b) and (c) below, each Interest Period for the Loan shall be six (6) Months. (b) Each Interest Period for the Loan shall start on an Interest Payment Date will be three Months unless otherwise agreed between the Borrower, the Agent and ending on all the next Interest Payment Date, provided that the first Interest Period for the Loan shall commence on the Utilisation Date and end on the first Interest Payment DateLenders. (cb) An Interest Period for the Loan shall not extend beyond the Final Repayment Date. (c) Each Interest Period for the Loan shall start on the Utilisation Date for such Loan or (if the Loan has already been made) on the last day of the preceding Interest Period of such Loan.

Appears in 1 contract

Samples: Loan Agreement (PCGI Intermediate Holdings LTD)

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Duration of Interest Periods. (a) Subject to paragraphs Each Interest Period shall, subject as provided in Clause 8.1 (bCalculation of interest) and (c) below, each Interest Period for the Loan shall be six (6) Months. (b) Each Interest Period for the Loan shall start on an Interest Payment Date and ending on the next Interest Payment Date, provided that the The first Interest Period for the Loan shall commence will start on the Utilisation Date and of the first Utilisation and, if the COFACE Facility has been utilised before that first Utilisation Date, end on the first Interest Payment Date. (c) An Interest Period last day of the current interest period for the Loan shall not extend beyond loan under the Final Repayment Date.COFACE

Appears in 1 contract

Samples: Facility Agreement (PT Indosat TBK)

Duration of Interest Periods. (a) Subject to paragraphs (b) and (c) belowthis Clause 9, each Interest Period for the Loan shall be six (6) a period of three Months. (b) Each Interest Period for the Loan shall start on an Interest Payment Date and ending on the next Interest Payment Date, provided that the first Interest Period for the Loan shall commence on the Utilisation Date and end on the first Interest Payment Date. (c) An Interest Period for the a Loan shall not extend beyond the Final Repayment Maturity Date. (c) Each Interest Period for a Loan shall start on the Utilisation Date or (if a Loan has already been made) on the last day of the preceding Interest Period of such Loan.

Appears in 1 contract

Samples: Facility Agreement (Advanced Technology (Cayman) LTD)

Duration of Interest Periods. (a) Subject to paragraphs (b) and (c) below, each Each Interest Period for the Loan shall be six (6) Months. (b) Each Interest Period for the Loan shall start on an Interest Payment Date and ending on the next Interest Payment Date, provided that the first Interest Period for the Loan shall commence on the Utilisation Date and end on the first Interest Payment Date. (c) An Interest Period for the Loan shall not extend beyond a Repayment Date or the Final Repayment Termination Date. (c) Each Interest Period for the Loan shall start on the Utilisation Date or (if already made) on the last day of its preceding Interest Period.

Appears in 1 contract

Samples: Facility Agreement (PT Indosat TBK)

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