Common use of Calculation of Interest and Fees Clause in Contracts

Calculation of Interest and Fees. Interest on Borrowings at the Applicable Rate (and any fees described in Section 2.2.2 computed on a per annum basis) shall be calculated on the basis of a 360-day year and actual days elapsed. The Applicable Rate on Prime Borrowings shall change with each change in the Prime Rate, effective as of the opening of business on the Business Day of such change.

Calculation of Interest and Fees. Interest on Borrowings each Borrowing at the Applicable Rate (and any fees described in Section 2.2.2 computed on a per annum basis) shall be calculated on the basis of a 360-day year and actual days elapsed. The Applicable Rate on each Prime Borrowings Borrowing shall change with each change in the Prime Rate, effective as of the opening of business on the Business Day of such change.

Calculation of Interest and Fees. Interest on Borrowings each ------------------------------------ Borrowing at the Applicable Rate (and any fees described in Section 2.2.2 computed on a per annum basis) shall be calculated on the basis of a 360-day year and actual days elapsed. The Applicable Rate on each Prime Borrowings Borrowing shall change with each change in the Prime Rate, effective as of the opening of business on the Business Day of such change.

Calculation of Interest and Fees. Interest on Borrowings each Borrowing at the Applicable Rate (and any fees described in Section 2.2.2 2.2(b) computed on a per annum basis) shall be calculated on the basis of a 360-day year and actual days elapsed. The Applicable Rate on each Prime Borrowings Borrowing shall change with each change in the Prime Rate, effective as of the opening of business on the Business Day of such change.

Calculation of Interest and Fees. Interest on Borrowings at the Applicable Rate (and any fees described in Section 2.2.2 computed on a per annum basis) shall be calculated on the basis of a 360-day year and actual days elapsed. The Applicable Rate on Prime Borrowings shall change with each change in the Prime Base Rate, as determined by Lender, effective as of the opening of business on the Business Day of such change.

Calculation of Interest and Fees. Interest on Borrowings at the Applicable Rate (and any fees described in Section 2.2.2 computed on a per annum basis) basis shall be calculated on the basis of a 360-day year and actual days elapsed. The Applicable Rate on any Prime Borrowings shall change with each change in the Prime Rate, effective as of the opening of business on the Business Day of such change. The Applicable Rate on LIBOR Borrowings shall change with each monthly adjustment of the LIBOR Index Rate, effective on the first day of each calendar month.