Loan Interest Period definition

Loan Interest Period means (a) with respect to the initial Payment Date, the period from and including the Closing Date to but excluding the initial Payment Date and (b) with respect to each subsequent Payment Date, the period from and including the Payment Date immediately preceding such Payment Date to but excluding such subsequent Payment Date.

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Loan Interest Period has the meaning given to it in Section 6.1 of the Intercompany Loan Agreement;

Loan Interest Period means the period from (and including) the Closing Date to (but excluding) the first Loan Interest Payment Date and each successive period from (and including) a Loan Interest Payment Date to (but excluding) the next succeeding Loan Interest Payment Date.

Examples of Loan Interest Period in a sentence

Supplemental Interest in respect of each Loan Interest Period shall be payable on each Payment Date and upon any prepayment and at maturity.
Accrued Loan Interest on each Loan made hereunder shall be payable on each Payment Date (with respect to the related Loan Interest Period), upon any prepayment and at maturity, commencing with the first of such dates to occur after the date such Loan is made.
All calculations of Loan Interest and Supplemental Interest shall be based on a 360-day year and the actual number of days elapsed in the related Loan Interest Period.
The Agent shall calculate each LIBOR Rate and shall notify in writing the Servicer and the Indenture Trustee of each determination of the respective rates applicable from time to time, in each case as soon as practicable (but in no event later than five Business Days) after determination of LIBOR for each Loan Interest Period.
The Holdback Amount shall bear interest during each Loan Interest Period at a rate per annum equal to the Holdback Amount Rate.

More Definitions of Loan Interest Period

Loan Interest Period means, in respect of any Term Advance, each period from and including a Loan Interest Payment Date (or, in the case of the first Loan Interest Period, the Drawdown Date of the Term Advance) to, but excluding the next Loan Interest Payment Date (or, in the case of the first Loan Interest Period, the first Loan Interest Payment Date in respect of that Term Advance);

Loan Interest Period means, in relation to each Term Loan: (i) the relevant First Loan Interest Period; and thereafter (ii) each period starting on (and including) a Guarantor Payment Date and ending on (but excluding) the following Guarantor Payment Date.

Loan Interest Period means with respect to each Term Advance, any successive interest period that matches the interest period applying to the Corresponding Class of Notes;

Loan Interest Period means, with respect to any Distribution Date, the period from and including the preceding Distribution Date to but excluding the current Distribution Date, provided, however, that the initial Loan Interest Period shall commence on the Initial Closing Date and the final Loan Interest Period shall end on the date following the Loan Commitment Termination Date on which all Loans under the Loan Agreements shall have been paid in full.

Loan Interest Period means, in relation to any Term Loan: (i) the relevant First Loan Interest Period; and thereafter (ii) each period starting on a Guarantor Payment Date (excluded) and ending on the following Guarantor Payment Date (included).

Loan Interest Period. The meaning given in Section 6.1 (Interest Periods) of the Intercompany Loan Agreement Loan Representations and Warranties The representations and warranties relating to the Loans set out in the Mortgage Sale Agreement Loan Repurchase Notice A notice in substantially the form set out in the Mortgage Sale Agreement served by the Guarantor on the Seller in relation to the purchase of Loans in the Portfolio by the Seller in accordance with the terms of the Mortgage Sale Agreement London Stock Exchange London Stock Exchange plc Losses The meaning given in Section 22.1 of the Agency Agreement LP Act The Limited Partnerships Act (Ontario) as the same may be amended from time to time

Loan Interest Period means the corresponding Interest Period for the relevant Corresponding Debt, each such period beginning on (and including) a Loan Interest Payment Date and ending on (but excluding) the next Loan Interest Payment Date for such Corresponding Debt, except that the first such Loan Interest Period in respect of any tranche of Corresponding Debt shall begin on the Closing Date or Advance Date (as applicable);