Definición de Interest Period

Interest Period means (i) initially, the period commencing on (and including) the date of the borrowing of the Loans (the “borrowing date”) and ending on (but excluding) the date that is three Business Days after the borrowing date (the “first interim date”), (ii) thereafter, the period commencing on (and including) the first interim date and ending on (but excluding) the date that is two weeks after the first interim date (the “second interim date”), (iii) thereafter, the period commencing on (and including) the second interim date and ending on (but excluding) the Payment Date falling on or nearest to May 15, 2008 and (iv) thereafter, each period commencing on (and including) the Payment Date corresponding to the last day of the prior Interest Period and ending on (but excluding) the next Payment Date occurring thereafter.

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 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.

Examples of Interest Period in a sentence

• If prior to the commencement of any Interest Period (an “Affected Interest Period”), the Administrative Agent determines in good faith (which determination shall be conclusive absent manifest error) that adequate and reasonable means do not exist for ascertaining the LIBO Rate for such Interest Period, then the Administrative Agent shall give notice thereof to the Borrower and the Lenders by telephone or telecopy as promptly as practicable thereafter.

More Definitions of Interest Period

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.