Define: Interest Period
What does "Interest Period" mean? The meaning differs based on the contract. We found 6 definitions across 6 companies in SEC filings.
Definition 1 (Autodesk, Inc., seen in 1 filing)
Interest Period means for each SOFR Advance comprising part of the same Borrowing, the period commencing on the date of such SOFR Advance or the date of the Conversion of any Base Rate Advance into such SOFR Advance and ending on the last day of the period selected by the Borrower pursuant to the provisions below and, thereafter, each subsequent period commencing on the last day of the immediately preceding Interest Period and ending on the last day of the period selected by the Borrower pursuant to the provisions below.
Source: Autodesk, Inc. 8-K
Definition 2 (AMETEK INC/, seen in 1 filing)
Interest Period means with respect to any Eurocurrency Borrowing, the period commencing on the date of such Borrowing and ending on the numerically corresponding day in the calendar month that is one, two, three or six months thereafter, as the Borrower may elect.
Source: AMETEK INC/ 10-K
Definition 3 (AMERICAN TOWER CORP /MA/, seen in 1 filing)
Interest Period means the period selected by the Borrower during which interest on a LIBOR Advance is calculated, which may be one, two, three, six, or, if available to all Lenders, twelve months.
Source: AMERICAN TOWER CORP /MA/ 10-K
Definition 4 (Booking Holdings Inc., seen in 1 filing)
Interest Period means as to each Eurocurrency Loan, the period commencing on the date such Eurocurrency Loan is disbursed or converted to or continued as a Eurocurrency Loan and ending on the date one, three or six months thereafter, as selected by the Company in its Borrowing Request, or such other period that is twelve months or less requested by the Company and consented to by all the Lenders (subject to availability).
Source: Booking Holdings Inc. 10-K
Definition 5 (AMAZON COM INC, seen in 1 filing)
Interest Period means the period for which interest is calculated on a Loan.
Source: AMAZON COM INC 8-K
Definition 6 (Salesforce, Inc., seen in 1 filing)
Interest Period means the period for which interest is calculated on SOFR Loans.
Source: Salesforce, Inc. 8-K
Data extracted from 6 SEC EDGAR filings across 6 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.