Monthly Interest Accrual Period definition

Monthly Interest Accrual Period means, with respect to any Class or Tranche of Notes, the period from and including any Monthly Interest Accrual Date to but excluding the next succeeding Monthly Interest Accrual Date.
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Monthly Interest Accrual Period shall have the meaning set forth in the applicable Indenture Supplement.
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Monthly Interest Accrual Period means the period of thirty (30) consecutive days commencing on the first (1st) day of each calendar month.”
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Related to Monthly Interest Accrual Period

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

  • Note Monthly Interest means, for a Class and a Payment Date, the aggregate amount of interest accrued on the Note Balance of the Class at the Note Interest Rate for the Class for the related Interest Period.