Last Interest Period definition

Last Interest Period. The last Interest Period ends on (but excludes) the first Distribution Date that: (i) follows the Termination Date; and (ii) upon which all moneys the payment or repayment of which form part of the Obligations are paid or repaid in full to the Standby Redraw Facility Provider.

Last Interest Period means when the Redemption Date falls on 23 January 2018 (or, if such day is not a business day, the next succeeding business day), the period beginning on and including 23 September 2017 and ending on (but excluding) the Redemption Date or, if the Redemption Date falls on 15 January 2016 (or, if such day is not a business day, the next succeeding business day), the period beginning on and including 23 September 2015 and ending on (but excluding) the Redemption Date;”;

Last Interest Period the last Interest Period in respect of the Loan will terminate on the Final Maturity Date;

Examples of Last Interest Period in a sentence

• The amount of additional interest payable in respect of the Loan for any Interest Period (other than the First Interest Period and the Last Interest Period) shall be calculated by applying 0.0048 per cent.

• The amount of interest payable in respect of the Loan for any Interest Period (other than the First Interest Period and the Last Interest Period) shall be calculated by applying the Interest Rate to the outstanding principal amount of the Loan, dividing the product by two and rounding the resulting figure to the nearest cent (half a cent being rounded upwards).

• University Hospital As mentioned earlier, the University Hospital was considered either as an example of a site or a neighborhood.

• If additional interest is required to be calculated for any other period, (including the First Interest Period and the Last Interest Period) it shall be calculated on the basis of a year of 360 days consisting of 12 months of 30 days each and, in the case of an incomplete month, the actual number of days elapsed.

• If interest is required to be calculated for any other period (including the First Interest Period and the Last Interest Period), it will be calculated on the basis of a 360-day year consisting of 12 months of 30 days each and, in the case of an incomplete month, the number of days elapsed.

More Definitions of Last Interest Period

Last Interest Period means the period beginning on and including 23 September 2017 and ending on (but excluding) the Repayment Date;”(iii)deleting Clause 4 (Interest Periods) and replacing it with the following:

Last Interest Period means the period beginning on and including 23 September 2017 and ending on (but excluding) the Redemption Date;”;(iv)deleting the first sentence of Condition 6.1 and replacing it with the following:

Last Interest Period. The last Interest Period ends on but excludes the Monthly Payment Date that all moneys the payment or repayment of which form part of the Obligations are paid or repaid in full to the Redraw Facility Provider.

Last Interest Period means the period beginning on and including 23 September 2015 and ending on (but excluding) the Repayment Date;”

Last Interest Period. The last Interest Period for a Drawing ends on (but excludes) the first Quarterly Distribution Date that: (i) follows the Termination Date; and (ii) upon which all moneys the payment or repayment of which form part of the Obligations are paid or repaid in full to the Liquidity Facility Provider.

Last Interest Period means the Interest Period ending on the Maturity Date

Last Interest Period means the period beginning on and including 23 September 2017 and ending on (but excluding) the Repayment Date;”