Deemed Interest Period definition

Deemed Interest Period has the meaning given to it in Section 2.6 of the Mortgage Sale Agreement;
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Deemed Interest Period is defined in Section 6.3(b).
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Deemed Interest Period has the meaning defined in Section 4.9.1;
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Examples of Deemed Interest Period in a sentence

  • Each rate of interest which is calculated with reference to a period (the “Deemed Interest Period”) that is less than the actual number of days in the calendar year of calculation is, for the purposes of the Interest Act (Canada), equivalent to a rate based on a calendar year calculated by multiplying such number of days in the Deemed Interest Period.

  • Each rate of interest which is calculated with reference to a Deemed Interest Period that is less than the actual number of days in the calendar year of calculation is, for the purposes of the Interest Act (Canada), equivalent to a rate based on a calendar year calculated by multiplying such number of days in the Deemed Interest Period.

  • Each rate of interest which is calculated with reference to a period (the "Deemed Interest Period") that is less than the actual number of days in the calendar year of calculation is, for the purposes of the Interest Act (Canada), equivalent to a rate based on a calendar year calculated by multiplying such number of days in the Deemed Interest Period.

  • Each rate of interest which is calculated with reference to a period (the "Deemed Interest Period") that is less than the actual number of days in the calendar year of calculation is, for the purposes of the Interest Act (Canada), equivalent to a rate based on a calendar year calculated by multiplying such rate of interest by the actual number of days in the calendar year of calculation and dividing by the number of days in the Deemed Interest Period.

  • Each rate of interest which is calculated with reference to a period (the "Deemed Interest Period") that is less than the actual number of days in the calendar year of calculation is, for the purposes of the Interest Act (Canada), equivalent to an annual rate based on a calendar year calculated by multiplying such rate by the actual number of days in the calendar year in which the Deemed Interest Period ends and dividing by 360.

  • Each rate of interest which is calculated with reference to a period (the "DEEMED INTEREST PERIOD") that is less than the actual number of days in the calendar year of calculation is, for the purposes of the Interest Act (Canada), equivalent to a rate based on a calendar year calculated by multiplying such number of days in the Deemed Interest Period.

  • Each rate of interest which is calculated with reference to a period (the “Deemed Interest Period”) that is less than the actual number of days in the calendar year of calculation is, for xxx xxxxxxxx xx xxx Xxxxxxxx Xxx (Xxxxxx), equivalent to a rate based on a calendar year calculated by multiplying such rate of interest by the actual number of days in the calendar year of calculation and dividing by the number of days in the Deemed Interest Period.


More Definitions of Deemed Interest Period

Deemed Interest Period. 218 "DESIGNATED EVENT" 309 "DESIGNATED EVENT NOTICE" 309 "DESIGNATED EVENT PURCHASE DATE" 309 "DESIGNATED EVENT PURCHASE OFFER" 309 "DESIGNATED EVENT PURCHASE PRICE" 309 "DESIGNATED EVENT PURCHASE NOTICE" 309 "DETERMINED DATE" 1005 "DISTRIBUTED SECURITIES" 1005 "DISTRIBUTED SECURITIES CLOSING SALE PRICE" 1005 "DIVIDEND THRESHOLD AMOUNT" 1005 "EVENT OF DEFAULX" 601 "EXCLUDED HOLDER" 407 "EXCLUDED TAXES" 407 "EX-DIVIDEND DATE" 1005 "EX-DIVIDEND TIME" 1001 "EXPIRATION TIME" 1005 "FAIR MARKET VALUE" 1005 "FUNDAMENTAL CHANGE" 309 "GLOBAL SECURITY" 201 "INELIGIBLE CONSIDERATION" 1006 "JUDGMENT CURRENCY" 1116 "LEGAL HOLIDAY" 1107 "NON-ELECTING SHARE" 1006 "NOTICE OF DEFAULT" 601 "NOTICE OF ELECTION" 308 "OFFER EXPIRATION TIME" 1005 "PARTICIPANTS" 215 "PAYING AGENT" 203 "PHYSICAL SECURITIES" 201 "PRIVATE PLACEMENT LEGEND" 217 "PURCHASE DATE" 310 "PURCHASE NOTICE" 310
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Deemed Interest Period has the meaning ascribed thereto in Section 3.2.
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Deemed Interest Period has the meaning specified in Section 2.11(a).
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Deemed Interest Period has the meaning specified in Section 3.3;
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Deemed Interest Period is defined in Section 3.6.
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Related to Deemed Interest Period

  • Fixed Interest Period means the period from (and including) an Interest Payment Date (or the Interest Commencement Date) to (but excluding) the next (or first) Interest Payment Date; and

  • Reset Interest Period means each period from (and including) any Reset Date and ending on (but excluding) the next Reset Date.

  • Interest Period Date means each Interest Payment Date unless otherwise specified hereon.

  • Floating Rate Interest Period means, during the Floating Rate Period, the period beginning on (and including) a Floating Rate Period Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Period Interest Payment Date; provided that the first Floating Rate Interest Period will begin on (and include) April 18, 2025 and will end on (but exclude) the first Floating Rate Period Interest Payment Date.

  • Interest Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Payment Date and each successive period beginning on (and including) an Interest Payment Date and ending on (but excluding) the next succeeding Interest Payment Date.

  • Interest Period End Date means the date or dates specified as such in, or determined in accordance with the provisions of, the Final Terms and, if an Applicable Business Day Convention is specified in the Final Terms, as the same may be adjusted in accordance with the Applicable Business Day Convention or, if the Applicable Business Day Convention is the FRN Convention and an interval of a number of calendar months is specified in the Final Terms as the Interest Accrual Period, such dates as may occur in accordance with the FRN Convention at such specified period of calendar months following the Interest Commencement Date (in the case of the first Interest Period End Date) or the previous Interest Period End Date (in any other case) or, if none of the foregoing is specified in the Final Terms, means the date or each of the dates which correspond with the Interest Payment Date(s) in respect of the Instruments.

  • Default Interest Period means for any overdue amount of the Withdrawn Loan Balance, each Interest Period during which such overdue amount remains unpaid; provided, however, that the first such Default Interest Period shall commence on the 31st day following the date on which such amount becomes overdue, and the final such Default Interest Period shall end on the date at which such amount is fully paid.”

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • rest period is a paid interval which is included in the workday and is intended to give the employee an opportunity to have refreshments or a rest.

  • Eurodollar Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurodollar Rate.

  • LIBOR Loan means any portion of a Loan (other than a Base Rate Loan) bearing interest at a rate based on LIBOR.

  • LIBOR Rate Loan means a Loan that bears interest based on LIBOR.