Broken Period definition

Broken Period means either the period from the Commencement Date to the end of the then current Accounting Period or the period from the last occurring first day of an Accounting Period during the Term until the expiry or termination of the Term;
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Broken Period means, in relation to a Loan, the final Interest Period of that Loan, in each case only to the extent it is: 1.1.21.1. if a 1 (one) Month Interest Period is selected, less than 30 (thirty) days; or 1.1.21.2. if a 3 (three) Month Interest Period is selected, less than 91 (ninety-one) days; 1.1.21.3. if a 6 (six) Month Interest Period is selected, less than 180 (one-hundred and eighty) days;
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Broken Period means the period from the Commencement Date of the Occupation Right (as specified in item 5.4 of the Schedule of Information) to the next following 31 March and also the period from and including 1 April during the term of this Agreement until the date on which the Operator settles the payments under a licence to a new resident.
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Examples of Broken Period in a sentence

  • Banks should not capitalise the Broken Period Interest paid to seller as part of cost, but treat it as an item of expenditure under Profit and Loss Account in respect of investments in Government and other approved securities.

  • As soon as practicable following the Commencement Date the Lessor will advise the Lessee of the Lessor's estimate of Outgoings through to the last day of the initial Broken Period.

  • Any required adjustment to reflect the actual annual Outgoings spent will be made at the end of the Accounting Period or Broken Period and any further payment required will be payable by the Licensee within 10 working days or a credit will be issued to the Licensee as appropriate.

  • Banks should not capitalise the Broken Period Interest paid to seller as part of cost, but treat it as an item of expenditure under P&L Account in respect of investments in Government and other approved securities.

  • Acquisition Cost and Broken Period Interest Brokerage, commission and broken period interest on debts instruments are recognised in Profit and Loss Account and are not included in the cost of acquisition.

  • Such Broken Period Interest shall be charged at the same rate of interest as applicable to the Facility.

  • Accordingly, the Borrower/s shall be liable to make payment of Broken Period Interest at the rate stated in the Facility Documents for the period from the date of the disbursement of the Facility till the date of the immediately next monthly instalment.

  • Thepresentation dates for these instruments are 5th /7th /10th of every month.For example – If the loan is disbursed on 25th June repayment will be as follows:▪ From 25th June to 30th June – Broken Period Interest will be collected at contractual rate.▪ PEMI/EMI commencement date will be 1st July▪ PEMI/EMI – Deposition date will be 5th /7th /10th of every month.▪ PEMI /EMI – Due date will be 31st of July.

  • Interest for Broken Period In the case of redemption of any of the Debentures on a day other than an Interest Payment Date, in compliance with the Conditions, accrued interest on the Debentures for such broken period shall be paid on a pro-rata basis.

  • Please find below two scenarios as an illustration of the aforementioned Broken Period Interest.


More Definitions of Broken Period

Broken Period means (as the case requires) the period from the commencement date until the commencement of the first full lease year and the period from the expiration of the last full lease year until the expiration date;
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Broken Period means the actual number of days commencing from the day of disbursal of the Loan Amount till one day prior to the commencement of the Due Date opted by the Borrower(s) and shall also include the actual number of days commencing from the Due Date till the date on which the Loan is prepaid prior to the next Due Date;
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Broken Period means, in relation to an A Preference Share, the first Dividend Period of that A Preference Share and the final Dividend Period of that A Preference Share, in each case only to the extent they are less than 91 (ninety one) days;
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Related to Broken Period

  • Ten Percent Owner means an employee who owns or is deemed to own (by reason of the attribution rules of Section 424(d) of the Code) more than 10 percent of the combined voting power of all classes of stock of the Company or any parent or subsidiary corporation.

  • Ten Percent Holder means a person who owns stock representing more than ten percent (10%) of the voting power of all classes of stock of the Company or any Parent or Subsidiary.

  • Grant Period means the period between Effective Date and Expiration Date of the Grant Award Agreement during which time expenditure of all grant funds and all contributions to match must be made.

  • PAGA Period means the period from May 10, 2022, through May 21, 2023.

  • Ten Percent Stockholder means a person who Owns (or is deemed to Own pursuant to Section 424(d) of the Code) stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or any Affiliate.

  • Rolling Period means, as of any date, the four Fiscal Quarters ending on or immediately preceding such date.

  • Selling Period means the period of one to twenty consecutive Trading Days (as determined by the Company in the Company’s sole discretion and specified in the applicable Issuance Notice) following the Trading Day on which an Issuance Notice is delivered or deemed to be delivered pursuant to Section 2.03(b) hereof.

  • Base Period means (i) the test period ending December 31, 2010 (or, if the Commission has elected to stagger its biennial reviews of utilities as provided in subdivision 1, the test period ending December 31, 2010, for a Phase I Utility, or December 31, 2011, for a Phase II Utility), or (ii) the most recent test period with respect to which credits have been applied to customers' bills under the provisions of this subdivision, whichever is later.