Common use of Calculation of Interest and Fees Clause in Contracts

Calculation of Interest and Fees. All calculations of interest and fees under this Restated Credit 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.

Appears in 4 contracts

Samples: Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc)

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Calculation of Interest and Fees. All calculations of interest and fees under this Restated Credit Agreement and the other Credit Loan 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.

Appears in 1 contract

Samples: Loan Agreement (Seneca Gaming Corp)

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