365-Day Year. Interest shall be computed on the basis of a three hundred sixty-five (365) day year and the actual number of days elapsed.
365-Day Year. All interest on Advances subject to the Floating Rate and LIBO Rate in the case of Advances denominated in Sterling due under this Agreement will be calculated based on the actual days elapsed in a 365-day year. All interest on Advances subject to a LIBO Rate (other than Advances denominated in Sterling) or the NYFRB Rate and all fees will be calculated based on the actual days elapsed in a 360-day year.
365-Day Year. All interest on Advances subject to the Floating Rate and all fees due under this Agreement will be calculated based on the actual days elapsed in a 365-day year. All interest on Advances subject to a LIBO Rate or the Federal Funds Rate and all fees will be calculated based on the actual days elapsed in a 360-day year.
