Common use of Interest Period Clause in Contracts

Interest Period. The interest period begins on the 20th of each month and ends on the 19th of the following month. Accordingly, the interest charges for the period as shown on Client’s monthly statement are based only on the daily net debit and credit balances for the interest period.

Appears in 9 contracts

Sources: Credit Agreement for Margin Financing (Rivernorth Opportunities Fund, Inc.), Credit Agreement for Margin Financing (Western Asset High Income Fund Ii Inc.), Credit Agreement (Rivernorth Opportunities Fund, Inc.)

Interest Period. The interest period begins on the 20th of each month and ends on the 19th of the following month. Accordingly, the interest charges for the period as shown on Client’s your monthly statement are based only on the daily net debit and credit balances for the interest period.

Appears in 6 contracts

Sources: Customer Agreement, Customer Agreement, Customer Agreement

Interest Period. The interest period begins on the 20th of each month and ends on the 19th of the following month. Accordingly, the interest charges for the period as shown on Client’s Your monthly statement are based only on the daily net debit and credit balances for the interest periodInterest Period.

Appears in 3 contracts

Sources: Corestone Account Agreement, Corestone Account Agreement, Account Agreement

Interest Period. The interest period begins on the 20th of each month and ends on the 19th of the following month. Accordingly, the interest charges for the period as shown on Client’s 's monthly statement are based only on the daily net debit and credit balances for the interest period.

Appears in 3 contracts

Sources: Credit Agreement for Margin Financing (RiverNorth Opportunistic Municipal Income Fund, Inc.), Credit Agreement for Margin Financing (RiverNorth Managed Duration Municipal Income Fund, Inc.), Credit Agreement for Margin Financing (RiverNorth Flexible Municipal Income Fund, Inc.)

Interest Period. The interest period begins on the 20th of each month and ends on the 19th of the following month. Accordingly, the interest charges for the period as shown on Client’s my monthly statement are based only on the daily net debit and credit balances for the interest period.

Appears in 1 contract

Sources: Account Agreements

Interest Period. The interest period begins on the 20th of each month and ends on the 19th of the following month. Accordingly, the interest charges for the period as shown on Client’s the monthly statement are based only on the daily net debit and credit balances for the interest period.

Appears in 1 contract

Sources: Lending Agreement

Interest Period. The interest period Interest Period begins on the 20th of each month and ends on the 19th of the following month. Accordingly, the interest charges for the period as shown on Client’s your monthly statement are based only on the daily net debit and credit balances for the interest period.

Appears in 1 contract

Sources: Account Agreement