Capitalized Interest Period definition

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 from (and including) the Effective Date to (but excluding) the first day of the initial Payment 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 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

• No payment of the principal of or interest on the TIFIA Loan is required to be made during the Capitalized Interest Period.

• For Capitalized Interest Loans, level monthly payments of principal and interest shall be due commencing on the expiration of the Capitalized Interest Period and ending after 140 months or until the Loan is prepaid, if earlier.

• For purposes of calculating a debt-to-income ratio of applicants for Capitalized Interest Loans, the Servicer shall calculate the Capitalized Interest Loan principal amount as of the end of the Capitalized Interest Period.

• The Servicer will, with respect to Capitalized Interest Loans, within a period of sixty (60) days after the expiration of the Capitalized Interest Period, commence, and continue throughout the Principal and Interest Repayment Period, to send monthly statements to the Borrower.

• On each May 1 and November 1 occurring during the Capitalized Interest Period (and on the Semi-Annual Payment Date immediately following the end of the Capitalized Interest Period), interest accrued on the TIFIA Loan in the six (6)-month period ending immediately prior to such date shall be capitalized and added to the Outstanding TIFIA Loan Balance.

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 of time from the date of issuance of the Series 2022 Bonds through 1, 2025.

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

Capitalized Interest Period means the period of time from the date of issuance of the Series 2022 Bonds to , 202_.

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 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.