Calculation Procedure. The basic formula for calculating interest liabilities shall be: 1/365 times the annualized 13-week Treasury Bill rate times the number of whole days as determined above, times the dollar amount of the transaction.
Appears in 7 contracts
Samples: Cash Management Improvement Act Agreement, Cash Management Improvement Act Agreement, Cash Management Improvement Act Agreement
Calculation Procedure. The basic formula for calculating interest liabilities shall be: 1/365 times the annualized 13-week Treasury Bill Xxxx rate times the number of whole days as determined above, times the dollar amount of the transaction.
Appears in 1 contract
