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.
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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.  A new definition is added as follows:
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Initial Accrual Period means in respect of the 2021 Refinancing Notes, the period from and including the Initial Accrual Date to, but excluding the first Payment Date (being 26 June 2021) following the Issue Date.
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Examples of Initial Accrual Period in a sentence

  • Following the end of the Initial Accrual Period, the cash portion of the Commitment Fee which becomes payable upon the end of the Initial Accrual Period shall be due and payable ten (10) Business Days after the date for timely delivery of the Cumulative EBITDA Report that discloses (or would have so disclosed if the same had been timely delivered) the end of the Initial Accrual Period.

  • If the Initial Accrual Period is longer than the compounding period, then such period shall be divided into a regular compounding period and a short period, with the short period being treated as provided in the preceding sentence.

  • As the Refinancing Date will occur on a Business Day which is not a Payment Date, interest on the Refinancing Notes payable on the first Payment Date following the Refinancing Date shall represent interest accrued on the Refinancing Notes for the entire Initial Accrual Period, which will commence on the Payment Date immediately prior to the Refinancing Date.

  • Optional Repayment Dates: Repayment Price: % Currency: Specified Currency: (If other than U.S. Dollars, see attached) Minimum Denominations: (Applicable only if Specified Currency is other than U.S. Dollars) Original Issue Discount (“OID”): o Yes o No Total Amount of OID: Yield to Maturity: Initial Accrual Period: Form: o Book-Entry ¨ Certificated Agent: ¨ Barclays Capital Inc.

  • The assumed constant yield shall be calculated using a 30-day month, 360-day year convention, a compounding period that, except for the Initial Accrual Period (as defined below), corresponds to the shortest period between Interest Payment Dates (with ratable accruals within a compounding period), a constant coupon rate equal to the initial interest rate applicable to this Note and an assumption that the maturity of this Note shall not be accelerated.


More Definitions of Initial Accrual Period

Initial Accrual Period means, in respect of a Class of Notes that is subject to a Refinancing, either
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Initial Accrual Period means, in respect of a Class of Notes that is subject to a Refinancing, either:(a) if such Refinancing occurs on a Payment Date, from (and including) such Payment Date; or(b) if such Refinancing occurs on a date other than a Payment Date, from (and including) the Payment Date immediately preceding the date of such Refinancing,in each case, to (but excluding) the Payment Date immediately following the date of such Refinancing.
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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.
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Initial Accrual Period means in respect of a Class of Notes that is subject 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 date of the Refinancing. Each reference to “initial Accrual Period” shall be deemed to be replaced by a reference to "Initial Accrual Period".
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Initial Accrual Period means the period from and including the Issue Date to, but excluding the first Payment Date following the Issue Date.
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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: ________________________
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Initial Accrual Period. [________] (iv) Issue Price:
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