Common use of Length of Interest Periods Clause in Contracts

Length of Interest Periods. Each Interest Period for a Loan shall start on its Utilisation Date or (if already made) on the last day of its preceding Interest Period and end on the next Interest Payment Date.

Appears in 3 contracts

Samples: Senior Facilities Agreement (Asanko Gold Inc.), Mezzanine Facility Agreement (American Realty Capital Global Trust II, Inc.), Mezzanine Facility Agreement (American Realty Capital Global Trust II, Inc.)

AutoNDA by SimpleDocs

Length of Interest Periods. Each Interest Period for a the Loan shall start on its the Utilisation Date or (if already made) on the last day of its preceding Interest Period and shall end on the next Interest Payment Date.

Appears in 2 contracts

Samples: Facility Agreement (Northstar Realty Finance Corp.), Facility Agreement (NorthStar Healthcare Income, Inc.)

Length of Interest Periods. (a) The first Interest Period for the Loan shall start on the Utilisation Date and end on 31st July 2014. (b) Each subsequent Interest Period for a Loan shall start on its Utilisation Date or (if already made) on the last day of its preceding Interest Period and end on the next Interest Payment Date.

Appears in 1 contract

Samples: Sterling Term Facility Agreement (American Realty Capital Global Trust, Inc.)

AutoNDA by SimpleDocs

Length of Interest Periods. (a) Each Interest Period for a the Term Loan shall will start on its the Utilisation Date or (if already made) on the last day of its preceding Interest Period and will end on the next Interest Payment Date. (b) Each Interest Period for a Cure Loan will start on the applicable Cure Facility Commencement Date or (if already made) on the last day of its preceding Interest Period and will end on the next Interest Payment Date. (c) An Interest Period for a Loan shall not extend beyond the Termination Date.

Appears in 1 contract

Samples: Term Facility Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!