Initial Accrual Period definition

Initial Accrual Period means the period beginning on the Series A Issuance Date and ending on the last day of the fourth non-consecutive Quarter with respect to which an Accrual Election is made. For the avoidance of doubt, in no event shall the Accrual Election be made in consecutive Quarters.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Initial Accrual Period means, in respect of a Class of Notes that is issued pursuant to a Refinancing, either (i) if the Refinancing occurs on a Payment Date, from and including such Payment Date or (ii) if the Refinancing occurs on a date other than a Payment Date, from and including the Payment Date immediately preceding the date of the Refinancing, in each case to, but excluding, the first Payment Date following the Refinancing.

Initial Accrual Period means, in respect of a Class of Notes that is subject to a Refinancing, either:

Examples of Initial Accrual Period in a sentence

In these Terms and Conditions, unless otherwise expressly indicated, the terms used herein shall have the following meanings: Accrual Period means either the Initial Accrual Period or any Annual Accrual Period.
The amount of interest for each day that any Note is outstanding and for the period (the “Initial Accrual Period”) from and including November 1, 2011 to but excluding the Issue Date (the “Daily Interest Amount”) will be calculated by dividing the interest rate in effect for such day by 360 and multiplying the result by the principal amount of such Notes (which, for the purposes of the Initial Accrual Period, shall be deemed to be the same as the principal amount outstanding on the Issue Date).
Option Repayment Dates: Repayment Price: % Currency: Specified Currency: Exchange Rate Agent: Citibank, N.A. Minimum Denominations: Original Issue Discount: o Yes o No Total Amount of OID: Yield to Maturity: Initial Accrual Period: Form: þ Book-Entry o Certificated Agent: o [M▇▇▇▇▇ S▇▇▇▇▇▇ & Co. Incorporated] o Other Agent acting in the capacity as indicated below: o Agent o Principal If as principal: o The Notes are being offered at varying prices related to prevailing market prices at the time of resale.
MEDIUM-TERM NOTE, SERIES F If applicable, the "Total Amount of OID," "Yield to Maturity" and "Initial Accrual Period OID" (computed under the designated method) below will be completed solely for the purposes of applying the Federal income tax original issue discount ("OID") rules.
As used herein, the following terms shall have the following meanings: Accrual Period means either the Initial Accrual Period or any Semi Annual Accrual Period.

More Definitions of Initial Accrual Period

Initial Accrual Period means in respect of the Refinancing Notes, the period from and including the Initial Accrual Date to, but excluding the first Payment Date (being 15 July 2021) following the Issue Date.

Initial Accrual Period means the period from the date of issuance of the first Acceptable Letter of Credit hereunder until the earlier of (x) July 1, 2007 and (y) the later of (i) July 1, 2006 and (ii) the first day of the calendar month following the first three consecutive fiscal months following the date hereof in which Cumulative EBITDA for such three consecutive months is greater than $1.00.

Initial Accrual Period. OID: _________ [_____] Fixed Rate Interest Rate: __________________% [_____] Floating Rate Interest Rate Basis: Specified Currency (if other than U.S. ____ CD Rate dollars): ______________________________ ____ CMT Rate [_____] CMT Telerate Page 7051 Option To Receive Payments In Specified [_____] CMT Telerate Page 7052 Currency (non-U.S. dollar denominated [_____] Weekly Average Note): _________________________________ [_____] Monthly Average ____ Commercial Paper Rate ____ Federal Funds Rate ____ LIBOR Place of Payment: ______________________ [_____] LIBOR Reuters [_____] LIBOR Telerate LIBOR Currency: [_____] Index Maturity ____ Prime Rate ____ Treasury Rate ____ Other Spread (Plus Or Minus): _____________ Initial Redemption Date: _______________ Initial Redemption Percentage: _________ Annual Redemption Percentage Reduction: _____________________________ Repayment Date: ________________________

Initial Accrual Period means the period from, and including, the Date of Issuance to (and including) the Initial Payment Date. Initial Payment Date means December 31, 2015. Insolvent means that the aggregate amount of the Company’s obligations exceeds the fair market value of the Company’s assets.

Initial Accrual Period. [________] (iv) Issue Price:

Initial Accrual Period means the period from and including the Issue Date to, but excluding the first Payment Date following the Issue Date.

Initial Accrual Period means the period from and including the Date of Issuance to but excluding the Initial Payment Date. Initial Payment Date means August 1, 2013. Insolvent means that the aggregate amount of the Company’s obligations exceeds the then fair market value of the Company’s assets. IPO means the first public offering of shares or common equity securities of one of the Group Companies, or of Shares of the Company as the case may be, which is accompanied by a listing of one of the Group Companies, or the Company as the case may be, Shares or such other common equity securities on a recognised stock exchange or regulated securities market in Luxembourg or Germany. Investment means any and all investments made by the Company with the funds or proceeds received from the issuance of the PECs, whether initially or by way of a return of capital on or prior such investment. Liquidation means any voluntary liquidation, dissolution or winding up of the affairs of the Company.