Length of Interest Periods. 7.1.1. Each Loan has successive Interest Periods. 7.1.2. Each Interest Period for a Loan will start on its Utilisation Date or on the expiry of its preceding Interest Period and end on the next Interest Payment Date. 7.1.3. An Interest Period for a Loan shall not extend beyond the Final Maturity Date.
Appears in 3 contracts
Samples: Facility Agreement, Amendment and Restatement Deed (Strategic Hotels & Resorts, Inc), Facility Agreement (Strategic Hotels & Resorts, Inc)
Length of Interest Periods. 7.1.1. (a) Each Loan has successive Interest Periods.
7.1.2. (b) Each Interest Period for a Loan will start on its Utilisation Date or on the expiry of its preceding Interest Period and end on the next Interest Payment Date.
7.1.3. An Interest Period for a Loan shall not extend beyond the Final Maturity Date.
Appears in 2 contracts
Samples: Amendment and Restatement Agreement (Strategic Hotels & Resorts, Inc), Facility Agreement (Strategic Hotels & Resorts, Inc)
Length of Interest Periods. 7.1.1. (a) Each Loan has successive Interest Periods.
7.1.2. (b) Each Interest Period for a Loan will start on its Utilisation Date or on the expiry of its preceding Interest Period and end on the next Interest Payment Date.
7.1.3. An date falling one, two, three or six months (as selected in a Request) or such other period as the Borrower and the Facility Agent may agree after its Utilisation Date or expiry of its preceding Interest Period for a Loan shall not extend beyond the Final Maturity Dateas appropriate.
Appears in 2 contracts
Samples: Credit Facility Agreement, Credit Facility Agreement (Shurgard Storage Centers Inc)
Length of Interest Periods. 7.1.1. 9.1.1 Each Loan has shall have successive Interest PeriodsPeriods and no Interest Period shall extend beyond the Final Maturity Date.
7.1.2. 9.1.2 Each Interest Period for a Loan will shall start on its Utilisation Date (or if already made) on the expiry last day of its preceding Interest Period and end on the next Interest Payment Date.
7.1.3. An Interest Period for a Loan shall not extend beyond the Final Maturity Date.
Appears in 1 contract
