Initial Interest Rate Period definition

Initial Interest Rate Period means the period commencing on the date of issuance for the Notes and ending on the Business Day immediately preceding the Initial Interest Rate Adjustment Date.

Initial Interest Rate Period means the Interest Rate Period for the Bonds on the date of issuance and delivery of the Bonds as specified in Section 2.01(b) hereof.

Initial Interest Rate Period means the period (i) from (and including) the Issue Date to (but excluding) the next Initial Interest Payment Date or (ii) from (and including) any Initial Interest Payment Date to (but excluding) the next Initial Interest Payment Date.

Examples of Initial Interest Rate Period in a sentence

• The Notes will initially bear interest at the Initial Interest Rate as set forth on Annex A thereof for the Initial Interest Rate Period.

• Revolving Loans may consist of Base Rate Loans or Eurodollar Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof; provided, however, that (x) during the Initial Interest Rate Period, all Eurodollar Loans shall have an Interest Period of one (1) month and (y) no more than 10 Eurodollar Loans shall be outstanding hereunder at any time.

• Such interest will be payable to the Holder thereof as of the related Record Date, which, for any Note (x) in the Initial Interest Rate Period, is the date or dates set for therein; (y) in the Commercial Paper Term Mode, is the Business Day prior to the related Interest Payment Date; and (z) bearing interest in the Long Term Rate Mode or the MAPS Mode, is 15 days prior to the related Interest Payment Date.

• During the Initial Interest Rate Period, this Note will be subject to redemption only to the extent provided and upon the terms set forth in Annex A.

• Loans may consist of Base Rate Loans or Eurodollar Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof; provided, however, that (x) during the Initial Interest Rate Period, all Eurodollar Loans shall have an Interest Period of one (1) month and (y) no more than 7 Eurodollar Loans shall be outstanding hereunder at any time.

More Definitions of Initial Interest Rate Period

Initial Interest Rate Period means the period commencing as of the Closing Date and ending October 31, 1997, during which time all Eurodollar Loans shall have an Interest Period of one (1) month.

Initial Interest Rate Period. The period commencing on the date of this Note and continuing to and including the earlier of (i) the first (1st) of the current calendar month and (ii) the last day of the current calendar month

Initial Interest Rate Period means the period beginning on the first day the Notes are issued and ending on the first day of the calendar year following completion of the Transaction.

Initial Interest Rate Period means the period from and including August 31, 2006 to but not including the day immediately following the Restructuring Date."

Initial Interest Rate Period set forth in Section 1 of the Note Purchase Agreement is hereby deleted and the following new definition of that term is hereby inserted in lieu thereof:

Initial Interest Rate Period shall apply to such Interest Rate Period, and provisions in this Article Eight applicable to the "Initial Interest Rate Adjustment Date" shall apply to the Interest Rate Adjustment Date immediately succeeding such Interest Rate Period.

Initial Interest Rate Period means the period during which all Loans shall be Base Rate Loans, which period shall commence on the Closing Date and end on the date three (3) Business Days thereafter.