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.
Appears in 3 contracts
Samples: Credit Agreement (3m Co), Five Year Credit Agreement (3m Co), Credit Agreement (3m Co)
365-Day Year. All interest on Advances subject to the Floating Rate and Rate, LIBO Rate in the case of Advances denominated in Sterling 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 (other than Advances denominated in Sterling) or the NYFRB Federal Funds Rate and all fees will be calculated based on the actual days elapsed in a 360-day year.
Appears in 2 contracts
Samples: Five Year Credit Agreement (3m Co), Year Credit Agreement (3m Co)
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 Federal Funds Rate and all fees will be calculated based on the actual days elapsed in a 360-day year.
Appears in 2 contracts
Samples: Five Year Credit Agreement (3m Co), Year Credit Agreement (3m Co)
