Common use of Basis of calculation Clause in Contracts

Basis of calculation. 26.1 All interest and commitment and utilisation fees shall accrue from day to day and shall be calculated on the basis of the actual number of days elapsed and a year of 360 days or in accordance with the then current market practice in the Inter-bank Market.

Appears in 3 contracts

Samples: Agreement (Alstom), Agreement (Alstom), Agreement (Alstom)

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Basis of calculation. 26.1 All interest and commitment and utilisation fees shall accrue from day to day and shall be calculated on the basis of the actual number of days elapsed and a year of 360 days or in accordance with the then current market practice in the Inter-bank Market.

Appears in 2 contracts

Samples: Agreement (Alstom), Agreement (Alstom)

Basis of calculation. 26.1 25.1 All interest and commitment and utilisation fees shall accrue from day to day and shall be calculated on the basis of the actual number of days elapsed and a year of 360 days or in accordance with the then current market practice in the Inter-bank Market.

Appears in 2 contracts

Samples: Agreement (Alstom), Agreement (Alstom)

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Basis of calculation. 26.1 All interest and commitment and utilisation fees shall accrue from day to day and shall be calculated on the basis of the actual number of days elapsed and a year of 360 days or in accordance with the then current market practice in the Inter-bank Market.

Appears in 1 contract

Samples: Transfer Agreement (Alstom)

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