Balance Calculation Period definition

Balance Calculation Period means each calendar month.

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Balance Calculation Period each calendar quarter after the -------------------------- Effective Date to and including the later of the date on which the Notes shall be paid in full or the Termination Date, except that the first Balance Calculation Period shall commence on the Effective Date and the last Balance Calculation Period shall end on the later of the date on which the Notes shall have been paid in full or the Termination Date.

Balance Calculation Period. Each calendar month after the Sixth Amendment Effective Date to and including the later of the date on which the Notes shall be paid in full or the Termination Date, except that the last Balance Calculation Period shall end on the later of the date on which the Notes shall have been paid in full or the Termination Date.

Examples of Balance Calculation Period in a sentence

Any Balances Deficiency Fee payable hereunder shall be due and payable quarterly after each Balance Calculation Period within two Business Days after receipt by the Company from any Lender of a statement therefor (a copy of which shall be provided to the Agent) containing the calculations made to determine such Balances Deficiency Fee, which statement shall be conclusive absent manifest error.
Each Lender's Loans (exclusive of any past due principal) from time to time outstanding shall bear interest on each day outstanding at the Applicable Rate in effect on such day; provided, however, that the portion of such Lender's Loans which is equal to the Balance Funded Amount for such Lender computed for the immediately preceding Balance Calculation Period, shall bear interest on each day outstanding at the Balance Funded Rate.
Any Balances Deficiency Fee payable hereunder shall be due and payable quarterly after each Balance Calculation Period within two Business Days after receipt by the Company from any Lender of a statement therefor (a copy of which shall be provided to Agent) containing the calculations made to determine such Balances Deficiency Fee, which statement shall be conclusive absent manifest error unless approved by such Lender.
Each Lender which has any Balance Funded Amount for any Balance Calculation Period shall provide Agent written notice of such Balance Funded Amount not later than two Business Days after the end of such Balance Calculation Period, and Agent shall be entitled to rely on the accuracy of such notice in calculating the interest accrued for such Balance Calculation Period.
Any Balances Deficiency Fee payable hereunder shall be due and payable quarterly after each Balance Calculation Period within two Business Days after receipt by Borrower from any Lender of a statement therefor (a copy of which shall be provided to Agent) containing the calculations made to determine such Balances Deficiency Fee, which statement shall be conclusive absent manifest error.
The Loans made under this Note (exclusive of any past due principal or interest) from time to time outstanding shall bear interest on each day outstanding at the Applicable Rate in effect on such day; provided, however, that interest on the part of the Loans equal to the Balance Funded Amount for the immediately preceding Balance Calculation Period shall bear interest on each day outstanding at the Balance Funded Rate.
Each Lender which has any Balance Funded Amount for any Balance Calculation Period shall provide Administrative Agent written notice of such Balance Funded Amount not later than two (2) Business Days after the end of such Balance Calculation Period, and Administrative Agent shall be entitled to rely on the accuracy of such notice in calculating the interest accrued for such Balance Calculation Period.
Any Balances Deficiency Fee payable hereunder shall be due and payable quarterly after each Balance Calculation Period within two (2) Business Days after receipt by the Borrowers from any Lender of a statement therefor (a copy of which shall be provided to the Agent) containing the calculations made to determine such Balances Deficiency Fee, which statement shall be conclusive absent manifest error.
Any Balances Deficiency Fee payable hereunder shall be due and payable monthly after each Balance Calculation Period within two Business Days after receipt by the Borrower from any Lender of a statement therefor (a copy of which shall be provided to Agent) containing the calculations made to determine such Balances Deficiency Fee, which statement shall be conclusive absent manifest error.
Any Balances Deficiency Fee payable hereunder shall be due and payable quarterly after each Balance Calculation Period within two Business Days after receipt by the Company from any Bank of a statement therefor (a copy of which shall be provided to the Agent) containing the calculations made to determine such Balances Deficiency Fee, which statement shall be conclusive absent manifest error.

More Definitions of Balance Calculation Period

Balance Calculation Period each calendar quarter after the Effective Date to and including the later of the date on which the Notes shall be paid in full or the Termination Date, except that the first Balance Calculation Period shall commence on the Effective Date and the last Balance Calculation Period shall end on the later of the date on which the Notes shall have been paid in full or the Termination Date.

Balance Calculation Period means the period covered by Maker's monthly account analysis statement prepared by the payee hereof and used by the payee hereof to determine Maker's Compensating Balances.