Example ContractsClausesAccrual Period
Accrual Period
Accrual Period contract clause examples

Accrual Period” or “Interest Accrual Period”: With respect to (a) the first Interest Payment Date, the period from and including the Effective Date to but excluding the last calendar day of the month immediately preceding the first Interest Payment Date, and (b) any subsequent Interest Payment Date, the period from and including the last calendar day of the month immediately preceding the immediately previous Interest Payment Date to but excluding the last calendar day of each month immediately preceding the current Interest Payment Date (or, in the case of the final Interest Payment Date, to and including such Interest Payment Date).

Accrual Period means either the Initial Accrual Period or any Annual Accrual Period.

Annual Accrual Period means, with respect to the initial Annual Accrual Period, the period commencing immediately after the Initial Payment Date and ending on (and including) the 12-month anniversary thereof, and with respect to each successive Annual Accrual Period, the period commencing immediately after the immediately preceding Annual Payment Date and ending on (and including) the 12-month anniversary thereof.

Accrual Period” means with respect to any Payment Date, the period from and including the last Payment Date to but excluding the next Payment Date. Administrative Agent shall provide notice to Sellers of interest accrued during the applicable Accrual Period one Business Day prior to the applicable Payment Date.

Accrual Period” means the period commencing on and including the first (1st) day of each calendar month during the term of the Loan and ending on and including the final calendar date of such calendar month; however, the initial Accrual Period shall commence on and include the Closing Date and shall end on and include the final calendar date of the calendar month in which the Closing Date occurs.

Accrual Period” means, with respect to each Loan, (i) initially, the period commencing on the date such Loan is made pursuant to Section 2.01 (or in the case of any fees payable hereunder, commencing on the Closing Date) and ending on (but not including) the next Settlement Date and (ii) thereafter, each period commencing on such Settlement Date and ending on (but not including) the next Settlement Date.

Accrual Period” means each Monthly Period; provided that the first Accrual Period shall begin on and include the Closing Date and end on and include the last day of the first Monthly Period and the last Accrual Period shall begin on and include the first day of the last Monthly Period and end on but exclude the last Settlement Date.

Accrual Period”: With respect to (a) the first Payment Date, the period from and including the Closing Date to and including the Determination Date preceding the first Payment Date, and (b) each subsequent Payment Date, the period from and including the day immediately following the Determination Date with respect to the immediately preceding Payment Date to and including the Determination Date with respect to such subsequent Payment Date (or, in the case of the final Payment Date, to and including such Payment Date).

Accrual Period” means with respect to any Payment Date, the period from and including the last Payment Date to but excluding the next Payment Date. Administrative Agent shall provide notice to Sellers of interest accrued during the applicable Accrual Period one Business Day prior to the applicable Payment Date.

Accrual Period”: With respect to (a) the first Payment Date, the period from and including the Closing Date to and including the Determination Date preceding the first Payment Date, and (b) each subsequent Payment Date, the period from and including the day immediately following the Determination Date with respect to the immediately preceding Payment Date to and including the Determination Date with respect to such subsequent Payment Date (or, in the case of the final Payment Date, to and including such Payment Date).

Next results

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.