Initial Interest Period definition

Initial Interest Period shall have the meaning set forth in Section 2.3.1.

Initial Interest Period means the first Interest Period, which shall begin on (and include) the Issue Date and end on (but exclude) the First Payment Date.

Initial Interest Period means the initial Interest Period following the Closing Date which shall be for a period commencing on October 23, 2020 and ending on October 30, 2020.

Examples of Initial Interest Period in a sentence

• After the Initial Interest Period, each interest accrual period thereafter (each, an “Interest Period”) shall commence on the sixth (6th) day of each calendar month during the Term and shall end on and include the fifth (5th) day of the next occurring calendar month.

• After the Initial Interest Period, each interest accrual period thereafter (each, an “Interest Period”) shall commence on the fifteenth (15th) calendar day of a calendar month and ending on (and including) the fourteenth (14th) calendar day of the following calendar month.

• Except as set out above, the amount of interest payable in respect of each Note for any period which is not equal to an Initial Interest Period shall be calculated by applying the Fixed Rate of Interest to the principal amount of such Note, multiplying the product by the Fixed Rate Day Count Fraction and rounding the resulting figure to the nearest euro cent (half a euro cent being rounded upwards).

• During the five-year term commencing June 1, 2003 this Note is due and payable in equal and self liquidating monthly installments of Nine Thousand One Hundred Ninety-Three Dollars and 04/100 ($9,193.04) consisting of amortization of (i) Deferred Interest, (ii) interest on the Base Principal at the Initial Interest Rate during the Initial Interest Period, (iii) Base Principal and (iv) interest on the Base Principal at the Second Interest Rate during the Second Interest Period.

• The interest rate applicable to each Interest Reset Period commencing on the related Interest Reset Date, or the Original Issue Date in the case of the Initial Interest Period, will be the rate determined as of the applicable Interest Determination Date.

More Definitions of Initial Interest Period

Initial Interest Period means the period starting on the Interest Commencement Date until (but excluding) the First Reset Date;

Initial Interest Period means, in respect of a Variable Rate Note:

Initial Interest Period means the period from (and including) the Issue Date to (but excluding) the first Reset Date.

Initial Interest Period means the period from (and including) the Interest Commencement Date to (but excluding) the Interest Reset Date.

Initial Interest Period means, the period commencing on the date hereof and ending on the day immediately preceding the first (1st) day of the first (1st) full month following the date hereof.

Initial Interest Period means the period from and including the date of this Supplemental Indenture to, but excluding, the first Floating Rate Interest Payment Date.

Initial Interest Period means, as to a series of Series 1999-1 Notes, the period commencing on the Closing Date and continuing through the day immediately preceding the Initial Interest Rate Adjustment Date for such series.