Initial Interest Periods definition

Initial Interest Periods means the Interest Accrual Periods specified as the Initial Interest Periods in the relevant Final Terms;
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Initial Interest Periods as defined in Section 2.6.
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Initial Interest Periods means each of the Interest Periods from (and including) the Issue Date to (but excluding) 9 December 2024;
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Examples of Initial Interest Periods in a sentence

  • Some of these might be relevant to issues arising after the closure of the Mission.

  • The interest rate during the Initial Interest Periods from the Original Issue Date of the notes and ending on but excluding January 22, 2022 shall be 8.00% per annum.

  • Every application shall be acted upon as soon as it is submitted by the applicant.

  • Section 2.4 Method of Selecting Initial Interest Periods for the Loans.

  • The numbers appearing in the following examples have been rounded for ease of analysis.Example 1: After the Initial Interest Periods, with respect to a particular Interest Period, the Benchmark Rate is 3.00% on the applicable Determination Date.

  • Structural works, dipping tanks, storage tanks, walls, silos and kraals, if permanently constructed.

  • Hypothetical Examples of Interest Rate Calculation for an Interest Period (Other Than an Initial Interest Period)The following examples illustrate how the hypothetical Interest Rate is calculated for a particular Interest Period occurring after the Initial Interest Periods and assume that that the Day Count Fraction for the applicable Interest Period is equal to 30/360.

  • Because the Benchmark Rate plus 0.35% exceeds the Maximum Interest Rate of 4.00%, the Interest Rate applicable to this Interest Period is 4.00% per annum.The corresponding interest payment per $1,000 principal amount note is calculated as follows: $1,000 × 4.00% × (90/360) = $10.00 Example 3: After the Initial Interest Periods, with respect to a particular Interest Period, the Benchmark Rate is-2.00% on the applicable Determination Date.

  • Gradually, decreasing class size also became an important objective.

  • Because 3-Month USD LIBOR of 6.00% plus 1.25% exceeds the Maximum Interest Rate of 6.50% per annum, the Interest Rate is the Maximum Interest Rate of 6.50% per annum and the quarterly interest payment per $1,000 principal amount note is calculated as follows:$1,000 × 6.50% × (90/360) = $16.25Example 3: After the Initial Interest Periods, 3-Month USD LIBOR is -2.00%.

Related to Initial Interest Periods

  • Interest Period Date means each Interest Payment Date unless otherwise specified hereon.

  • Interest Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Payment Date and each successive period beginning on (and including) an Interest Payment Date and ending on (but excluding) the next succeeding Interest Payment Date.