First Interest Accrual Period means the period commencing on the Closing Date and ending on, but excluding, the Payment Date first occurring after the Closing Date.
First Interest Accrual Period shall have the meaning set forth in the Note.
First Interest Accrual Period means the period commencing on the Closing Date and ending on January 19, 1997.
Examples of First Interest Accrual Period in a sentence
The nominal interest rate of the Notes for the First Interest Accrual Period will be determined as established in section 4.8.6 (a) below, based on the Reference Interest Rate at approximately 11:00 CET on the Date of Incorporation.
Makers shall pay Lender, in advance, on the date hereof, interest only on the outstanding principal balance of this Note, at the Effective Interest Rate for the First Interest Accrual Period, from the date hereof to and excluding April 1, 1997.
More Definitions of First Interest Accrual Period
First Interest Accrual Period means the period from and including the Closing Date through but excluding the Initial Accrual Period Day first occurring after the Closing Date.
First Interest Accrual Period means the period from and including the Closing Date to and including the ninth day of the calendar month following the calendar month in which the Closing Date occurs.
First Interest Accrual Period means the period commencing on the Closing Date and ending on the last day of March 2006.
First Interest Accrual Period means the period commencing on the Closing Date and ending on the last day of [______________] 2005.
First Interest Accrual Period. The initial Interest Accrual Period for the Offered Notes will be the period from and including the Closing Date to, but excluding, the Quarterly Payment Date in September 2022, which, for the avoidance of doubt, will be 159 days, as calculated on the basis of a 360-day year of twelve 30-day months. The interest accrual period for the Series 2022-1 Class A-1 Notes may differ from the Interest Accrual Period for the Series 2022-1 Class A-2 Notes. Series 2022-1 Class A-2 Quarterly Post-ARD Contingent Interest: A per annum rate equal to the rate determined by the Manager to be the greater of (i) 5.00% per annum and (ii) a rate equal to the amount, if any, by which (a) the sum of (x) the yield to maturity (adjusted to a quarterly bond-equivalent basis) on the Series 2022-1 Anticipated Repayment Date of the United States Treasury Security having a term closest to ten (10) years, plus (y) 5.00%, plus (z) 3.87%, exceeds (b) the Offered Notes Rate from and after the Series 2022-1 Anticipated Repayment Date.
First Interest Accrual Period means period from, and including, the Closing Date to, but excluding, the Payment Date on 15 November 2007;
First Interest Accrual Period means the period commencing on the date hereof and ending on, and including, [ ].