Duration of Interest Periods. (a) The first Interest Period for a Loan shall begin at the Utilization Date for such Loan and end on the date falling immediately prior to the next occurring Interest Payment Date. Thereafter, each subsequent Interest Period shall commence on each Interest Payment Date and end on the date falling immediately prior to the next occurring Interest Payment Date. (b) An Interest Period for a Loan shall not extend beyond the relevant Termination Date.
Appears in 3 contracts
Samples: Pre Export Finance Term Facility Agreement (Canuelas Mill S.A.C.I.F.I.A.), Pre Export Finance Term Facility Agreement (Canuelas Mill S.A.C.I.F.I.A.), Pre Export Finance Term Facility Agreement (Canuelas Mill S.A.C.I.F.I.A.)
Duration of Interest Periods. (a) 9.1.1 The first Interest Period for a Loan shall begin at the Utilization Date for such Loan and end will start on the date falling immediately prior to the next occurring Interest Payment its Utilisation Date. Thereafter, each subsequent On the last day of that Interest Period shall commence on each Interest Payment Date and end on the date falling immediately prior to the next occurring Interest Payment Date.
(b) An new Loan will be consolidated with all other Loans. Each other Interest Period for a Loan shall not will start on the last day of its preceding Interest Period.
9.1.2 Each Interest Period for a Loan will end on the first Repayment Date to happen after start date for that Interest Period. No Interest Period for a Loan may extend beyond the relevant Termination Date.
Appears in 1 contract
Samples: Trade Finance Term Loan Facility (Transatlantic Petroleum Ltd.)
Duration of Interest Periods. (a) 9.1.1 The first Interest Period for a Loan shall begin at the Utilization Date for such Loan and end will start on the date falling immediately prior to the next occurring Interest Payment its Utilisation Date. Thereafter, each subsequent On the last day of that Interest Period shall commence on each Interest Payment Date and end on the date falling immediately prior to the next occurring Interest Payment Date.
(b) An new Loan will be consolidated with all other Loans. Each other Interest Period for a Loan shall not will start on the last day of its preceding Interest Period.
9.1.2 Each Interest Period for a Loan will end on the first Repayment Date to occur after the start date for that Interest Period. No Interest Period for a Loan may extend beyond the relevant Termination Date.
Appears in 1 contract
Duration of Interest Periods. (a) The first Interest Period for in relation to a Loan shall begin at the Utilization start on and include its Utilisation Date for such Loan and shall end on the date falling immediately prior to the next occurring Interest Payment Date. Thereafter, each subsequent Interest Period shall commence on each Interest Payment Date and end on the date falling immediately prior to the next occurring following Interest Payment Date.
(b) An Subject to clause 9.1(c), each subsequent Interest Period for in relation to a Loan shall not start on an Interest Payment Date and end on the next Interest Payment Date.
(c) No Interest Period shall extend beyond the relevant Termination Date.
Appears in 1 contract
Samples: Facility Agreement
Duration of Interest Periods. (a) The first Interest Period for a Loan Utilization shall begin at the Utilization Date for such Loan Utilization and end on the date falling immediately prior to the next occurring Interest Payment Date. Thereafter, Thereafter each subsequent Interest Period shall commence on each Interest Payment Date and end on the date falling immediately prior to the next occurring Interest Payment Date.
(b) An Interest Period for a Loan shall not extend beyond the relevant Termination Date.
Appears in 1 contract
Samples: Term Facility Agreement (Grupo Financiero Galicia Sa)
