Definición de Interest Period

Interest Period means, as to each LIBO Rate Loan, (a) in the case of any disbursement of any LIBO Rate Loan or any conversion of a Base Rate Loan into a LIBO Rate Loan pursuant to Section 3.02 or Section 3.03, the period commencing on the date of such disbursement or conversion, as the case may be, and ending on the date three (3) or six (6) months thereafter, as selected by the Borrower in its Loan Notice, and, thereafter, each subsequent period commencing on the last day of the next preceding Interest Period and ending on the first day of the next succeeding Interest Period and

Interest Period means, for each Advance comprising part of the same Borrowing, the period commencing on (and including) the date of such Advance and ending on (but excluding) the last day of the period selected by the Borrower pursuant to the provisions below and, thereafter, each subsequent period commencing on (and including) the last day of the immediately preceding Interest Period and ending on (but excluding) the last day of the period selected by the Borrower pursuant to the provisions below. The duration of each such Interest Period shall be 6 ML\MI 980072 (2K) ~-.-~.:-:~."~-/~; PUf:)LICO~-";;'" ff ,~;~;''(;~UDA ~0~('0 , '_,' ' .. /~J;~~\ ~f\."'V , "" Q" ''-''"{'). , ,,,"" ""'.' .' ··)~~'l'·/\"""\""") 0 ,XX 'f 'i,::li .... \:~./-"/,(''..~'''''~\3'''-J'/ ~) .'f "\~;"';~ --.)\":\",,~,,,,/ ,1)_ 9 -:t /:'-''-;:~V''';\} ~ ~ :~_ (( .1 <to "" ... '. '.~. ": ~, 0 ':1 ? t:) .'~<, ,\,,;,,\~.,~, D a.. one, two, three or six months, as the Borrower may, upon notice received the> :\~,;" Q:Yli Administrative Agent not later than 12:00 P.M. (New York City time) on th i?d'/ , 1.",°;:- 'I BhusinessDay prior to the first day of such Interest Period, select; provided, h'XxxX. ~!i!::~;'~E~~~.::;;;',9 t at: .-.~--"

Interest Period has the meaning indicated in Clause 5.2.

Examples of Interest Period in a sentence

• According to the provisions of theBond Administration Agreement, the Master Servicer shall determine the amounts that will be required to make such payments, according to the Notes, and shall notify the Common Representative not later than 3 (three) Business Days after the issuance and placement of the Senior Notes regarding the first Interest Period and then 3 (three) days after each Payment Date.

• Upon conclusion of each Interest Period, a new Interest Period shall begin.

More Definitions of Interest Period

Interest Period means each period of twenty-eight (28) calendar days, based on which the interest on the outstanding principal amount of the Loans, provided that (i) the first Interest Period shall begin on the Borrowing Date and will end on the last day of the calendar month in which the Borrowing is made; and (ii) each of the subsequent Interest Periods shall begin on the last day of the immediately prior Interest Period and end on the last day of the calendar month corresponding to said Interest Period.