First Interest Period definition

First Interest Period means the period beginning on and including the Interest Commencement Date and ending on (but excluding) the First Interest Payment Date;

First Interest Period means, with regard to any Financial Assistance provided under a Facility, the period commencing on (and including) its Disbursement Date and ending on (but excluding) the first Payment Date as specified in the relevant Confirmation Notice for that Facility.

First Interest Period. The first Interest Period commences on (and includes) the Drawdown Date for the first Advance and ends on (but excludes) the next following Monthly Payment Date.

Examples of First Interest Period in a sentence

• The amount of additional interest payable in respect of the Loan for any Interest Period (other than the First Interest Period and the Last Interest Period) shall be calculated by applying 0.0048 per cent.

• When interest is required to be calculated in respect of a period of less than a full year other than in respect of the First Interest Period, it shall be calculated on the basis of (a) the actual number of days in the period from and including the date from which interest begins to accrue (the ‘‘Accrual Date’’) to but excluding the date on which it falls due divided by (b) the actual number of days from and including the Accrual Date to but excluding the next following Interest Payment Date.

• The amount of interest payable in respect of the Loan for any Interest Period (other than the First Interest Period and the Last Interest Period) shall be calculated by applying the Interest Rate to the outstanding principal amount of the Loan, dividing the product by two and rounding the resulting figure to the nearest cent (half a cent being rounded upwards).

• Interest will be calculated on the basis of actual/actual in accordance with ICMA rules.Any yield of the Bonds is to be calculated on the basis of the relevant date of subscription (in the First Interest Period) and the respective ensuing term of Bonds.

• University Hospital As mentioned earlier, the University Hospital was considered either as an example of a site or a neighborhood.

More Definitions of First Interest Period

First Interest Period means, in respect of the Original Loan, the period beginning on (and including) the Borrowing Date and ending on (but excluding) the First Interest Payment Date, and in respect of the Further Loan, the period beginning on (and including) the Further Borrowing Date and ending on (but excluding) the First Interest Payment Date;

First Interest Period has the meaning ascribed to it in Condition 4.1;

First Interest Period. The first Interest Period commences on (and includes) the first Drawdown Date and ends on (but excludes) the next Distribution Date.

First Interest Period means, with regard to any Financial Assistance provided under a Facility, the period commencing on (and including) its Disbursement Date and ending on (but excluding) the first Interest Payment Date.

First Interest Period. The first Interest Period for a Drawing commences on (and includes) the Drawdown Date of that Drawing and ends on (but excludes) the next Quarterly Distribution Date.

First Interest Period means the period described as such in Section 2.03(a).

First Interest Period has the meaning assigned in Section 2.2.