Calculation of Monthly Interest. (a) On the Business Day prior to each Determination Date, the Funding Agent shall calculate (with respect to the CP Rate, based solely on such information provided by the Conduit Purchaser or its program administrator), for the applicable Accrual Period, the aggregate Monthly Interest for each Funding Tranche.
Appears in 6 contracts
Samples: Note Purchase Agreement, Note Purchase Agreement (CHS Inc), Note Purchase Agreement (CHS Inc)
Calculation of Monthly Interest. (a) On the Business Day prior to each Determination Date, the Funding Agent shall calculate (with respect to the CP Rate, based solely on such information provided by the Conduit Purchaser or its program administrator)calculate, for the applicable Accrual Period, the aggregate Monthly Interest for each Funding Tranche.
Appears in 1 contract
Samples: Note Purchase Agreement (CHS Inc)