Capitalized Interest Period definition

Capitalized Interest Period means the period from (and including) the Effective Date to (but excluding) the first day of the initial Payment Period.

Capitalized Interest Period means the period from (and including) the Effective Date to (but excluding) the earlier of (a) the first day of the initial Payment Period and (b) the occurrence of a Bankruptcy Related Event.

Capitalized Interest Period means the period during which interest on a Capitalized Interest Loan is deferred and added to the principal balance of the Capitalized Interest Loan and subject to additional interest, which shall be the period while the Eligible Graduate Student is enrolled in an Eligible College or University and for a six month period after the Eligible Graduate Student is no longer enrolled, which period shall not exceed five (5) years, or such lesser period specified by the Borrower.

Examples of Capitalized Interest Period in a sentence

• On the Business Day immediately preceding each Interest Payment Date during the Capitalized Interest Period, the Trustee shall transfer from the Capitalized Interest Account to the Interest Account an amount sufficient to pay the interest on the Bonds becoming due on the immediately succeeding Interest Payment Date.

• Interest accruing during the Capitalized Interest Period in excess of the maximum aggregate amount of Capitalized Interest hereto shall be paid by Borrower monthly in arrears, on the first day of the month after the month in which such limit is exceeded.

• Following the Capitalized Interest Period, ------------------ interest shall continue to accrue on the principal amount outstanding on the Note (including Capitalized Interest) at the Interest Rate and shall be payable, in arrears, on each Interest Payment Date.

• On the Business Day immediately preceding each Interest Payment Date during the Capitalized Interest Period, the Trustee shall transfer from the Capitalized Interest Account to the Bond Fund an amount sufficient to pay the interest on the Bonds becoming due on the immediately succeeding Interest Payment Date.

• Capitalized Interest Period: The period of six full calendar months following the First Borrowing Data.

More Definitions of Capitalized Interest Period

Capitalized Interest Period means the period during which interest on a Capitalized Interest Loan is deferred and added to the principal balance of the Capitalized Interest Loan and subject to additional interest, which shall be the period while the Eligible Graduate Student is enrolled in an Eligible College

Capitalized Interest Period means the period from (and including) the Effective Date to (but excluding) the first day of the initial Payment Period, subject to earlier termination as set forth in Section 8(b) (Payment of Principal and Interest – Capitalized Interest Period).

Capitalized Interest Period means the period from (and including) the Closing Date through (and including) the Final Draw Date.

Capitalized Interest Period means, for each portion of the Manor Expressway Project with a separate placed-in-service date, the period commencing on the Issuance Date and ending on the date that is the later of (i) three years from the Issuance Date and (ii) one year after the applicable portion of the Manor Expressway Project (A) has reached a degree of completion which would permit its operation at substantially its design level and (B) is, in fact, in operation at such level.

Capitalized Interest Period means the period of time from the date of issuance of the Series 2022 Bonds through 1, 2025.

Capitalized Interest Period means the period of time from the issuance of the Series 2019 Bonds through and including the earlier of [ ] or such time as no funds are on deposit in the Capitalized Interest Account.

Capitalized Interest Period as defined on Schedule 2.02 hereto. ----------------------------- --------------