Common use of Calculation of Certain Charges Clause in Contracts

Calculation of Certain Charges. Accrued interest charges will be computed on the basis of a year of 360 days and applied to actual days elapsed. Except the fees and expenses set forth in Sections 2.13, 2.14, 3.2.4, 3.4, 3.5, 3.7 which shall be paid in accordance with such Sections, all such charges and other fees shall be paid in arrears.

Appears in 1 contract

Samples: Financing Agreement (CitiSteel PA, Inc.)

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Calculation of Certain Charges. Accrued interest charges will shall be computed on the basis of a year of 360 days and applied to actual days elapsed. Except the closing fee, the loan administration fee and the Letter of Credit fees and expenses set forth in Sections 2.13, 2.14, 3.2.4, 3.4, 3.5, 3.7 which shall to be paid in accordance with such SectionsSections 3.3, 3.4 and 3.5, all charges and other fees hereunder shall be paid in arrears, and Borrowers will pay all such charges and other fees shall be paid in arrearsmonthly to Bank on the first Business Day of each month hereafter, beginning on June 1, 1996.

Appears in 1 contract

Samples: Financing Agreement (Fm Precision Golf Corp)

Calculation of Certain Charges. Accrued interest charges will and the fees and charges set forth in Sections 3.4 and 3.5 shall be computed on the basis of a year of 360 days and applied to actual days elapsed. Except the fees and expenses set forth in Sections 2.13, 2.14, 3.2.4, 3.4, 3.5, 3.7 3.3 and 3.5 (which shall will be paid in accordance with such Sections), all such charges and other fees hereunder shall be paid in arrears, and Borrowers will pay all such charges and other fees monthly to Agent, for the benefit of Lenders, on the first Business Day of each month hereafter, beginning on October 1, 1997.

Appears in 1 contract

Samples: Financing Agreement (Sabreliner Corp)

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Calculation of Certain Charges. Accrued interest charges will be computed on the basis of a year of 360 days and applied to actual days elapsed. Except the fees and expenses set forth in Sections 2.132.14, 2.142.15, 3.2.4, 3.4, 3.5, 3.7 which shall be paid in accordance with such Sections, all such charges and other fees shall be paid in arrears.

Appears in 1 contract

Samples: Financing Agreement (Suntron Corp)

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