Common use of Calculation of Interest and Fees Clause in Contracts

Calculation of Interest and Fees. All calculations of interest and fees under this Agreement and the other Credit Documents for any period (a) shall include the first day of such period and exclude the last day of such period and (b) shall be calculated on the basis of a year of 365 or 366 days, as appropriate, for actual days elapsed.

Calculation of Interest and Fees. All calculations of interest and fees under this Agreement and the other Credit Documents for any period (a) shall include the first day of such period and exclude the last day of such period and (b) shall be calculated on the basis of a 360 day year consisting of 365 or 366 days, as appropriate, for actual days elapsedtwelve (12) thirty (30) day months.

Calculation of Interest and Fees. All calculations of interest and fees under this Agreement and the other Credit Documents for any period (a) shall be based on a year of three hundred sixty (360) days for actual days elapsed, (b) shall in the case of Letter of Credit fees under SUBPARAGRAPH 2.03(c), include the first and last days of such period, and (c) shall, in all other cases, include the first day of such period and exclude the last day of such period and (b) shall be calculated on the basis of a year of 365 or 366 days, as appropriate, for actual days elapsedperiod.

Calculation of Interest and Fees. All calculations of interest and fees under this Agreement and the other Credit Documents for any period (a) shall include the first day of such period and exclude the last day of such period and (b) shall be calculated on the basis of a year of 360 days for actual days elapsed, except that during any period any loan bears interest based upon the prime rate, such interest shall be calculated on the basis of a year of 365 or 366 days, as appropriate, for actual days elapsed.