Example ContractsClausesinterest periodsVariants
Interest Periods
Interest Periods contract clause examples

Each Loan has one Interest Period only which shall start on the Utilisation Date of that Loan.

Each Interest Period for a Loan shall start on the Utilisation Date.

Each Interest Period for a Loan shall start on the Utilisation Date or (if already made) on the last day of its preceding Interest Period.

Each Interest Period for a Loan shall start on the relevant Utilisation Date or (if already made) on the last day of its preceding Interest Period.

A Loan has one Interest Period only.

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