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 Warehousing Notes shall be paid in full or the Warehousing 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 Warehousing Notes shall have been paid in full or the Warehousing Termination Date.
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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.
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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 (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.

  • 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.

  • If Maker desires that any Advances are to bear interest at the Fixed Rate, Maker shall deliver notice thereof to the holder at least one (1) Business Day prior to the first day of the Balance Calculation Period (i.e., the first day of a calendar month), which notice shall specify the amount of Advances that are to bear interest at the Fixed Rate.

  • Maker may on any Business Day, upon written notice to and received by the holder hereof not later than 12:00 p.m. (Phoenix, Arizona local time) on the first Business Day prior to the date of the proposed conversion, convert any Advance of one type into an Advance of the other type; provided, however, that any conversion of a Fixed Rate Advance to a Libor Advance shall only be made on the last day of the applicable Balance Calculation Period.

  • If Maker elects to have interest accrue on any Advances at the Fixed Rate, then the unpaid amount of such Advances shall bear interest from and including the first day of such Balance Calculation Period.

  • 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.


More Definitions of Balance Calculation Period

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.
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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.
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Related to Balance Calculation Period

  • Interest Calculation Period means the period or periods for the calculation of the interest shown on the mortgage form;

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • FX Calculation Date means each day on which FX is published by the Fixing Sponsor. "FX Call Event" means each of the following events:

  • Recalculation Date means the Valuation Date that gives rise to the dispute under Paragraph 4; provided, however, that if a subsequent Valuation Date occurs under Paragraph 2 prior to the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 2.

  • Determination Period means each period from (and including) a Determination Date to (but excluding) the next Determination Date (including, where either the Interest Commencement Date or the final Interest Payment Date is not a Determination Date, the period commencing on the first Determination Date prior to, and ending on the first Determination Date falling after, such date); and

  • Interest Calculation Date if applicable, shall have the meaning set forth in the Series Term Sheet.

  • Reconciliation Period is each calendar month.

  • Allocation Period means (a) the period commencing on February 10, 2016 and ending on December 31, 2016, (b) any subsequent period commencing on January 1 and ending on the following December 31, or (c) any portion of the period described in clause (a) or (b) for which the Partnership is required to allocate Net Profits, Net Losses, and other items of Partnership income, gain, loss or deduction pursuant to ARTICLE IV.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • Valuation Period shall have the meaning specified in Section 14.04(c).

  • Proration Month means the month for which capacity is to be allocated under Item 7.

  • Subsequent Reset Period means the period from (and including) the Second Reset Date to (but excluding) the next Subsequent Reset Date, and each successive period from (and including) a Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date; and

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Fiscal Period means any interim accounting period within a Taxable Year established by the Manager and which is permitted or required by Section 706 of the Code.

  • Distribution Determination Date means, in respect of any Distribution Period, that number of business days prior thereto as is set out in the applicable Pricing Supplement or on the face of the relevant Perpetual Security;

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

  • Quarterly Valuation Date means the last Business Day of the last month of each fiscal quarter of the Trust in each fiscal year of the Trust, commencing November 29, 2002.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Baseline Period means the 12-month period immediately preceding October 30, 2016.

  • Earn-Out Period has the meaning set forth in Section 2.6.1.

  • Adjustment Year has the meaning ascribed to said phrase under Section 6225(d)(2) of the Code.