Calculations and Determinations. All calculations of interest chargeable with respect to the Eurodollar Rate and of fees shall be made on the basis of actual days elapsed (including the first day but excluding the last) and a year of 360 days. All calculations under the Loan Documents of interest chargeable with respect to the Base Rate shall be made on the basis of actual days elapsed (including the first day but excluding the last) and a year of 365 or 366 days, as appropriate.
Appears in 11 contracts
Samples: Credit Agreement (Energy Transfer Equity, L.P.), Credit Agreement (Energy Transfer Partners, L.P.), Credit Agreement (Energy Transfer Partners, L.P.)
Calculations and Determinations. All calculations of interest chargeable with respect to the Eurodollar Rate Loans and of fees shall be made on the basis of actual days elapsed (including the first day but excluding the lastlast day) and a year of 360 days. All calculations under the Loan Documents of interest chargeable with respect to the Base Rate ABR Loans shall be made on the basis of actual days elapsed (including the first day but excluding the lastlast day) and a year of 365 or 366 days, as appropriate.
Appears in 7 contracts
Samples: Credit Agreement (Energy Transfer Equity, L.P.), Senior Secured Term Loan Agreement (Energy Transfer Equity, L.P.), Senior Secured Term Loan Agreement
Calculations and Determinations. All calculations of interest chargeable with respect to the Eurodollar Rate, the Federal Funds Rate and of fees shall be made on the basis of actual days elapsed (including the first day but excluding the last) and a year of 360 days. All calculations under the Loan Documents of interest chargeable with respect to the Base Prime Rate shall be made on the basis of actual days elapsed (including the first day but excluding the last) and a year of 365 or 366 days, as appropriate.
Appears in 5 contracts
Samples: Term Loan Credit Agreement (Energy Transfer LP), Credit Agreement (Energy Transfer Partners, L.P.), 364 Day Credit Agreement (Energy Transfer Partners, L.P.)
Calculations and Determinations. All calculations of interest chargeable with respect to the Eurodollar Rate Loans and of fees shall be made on the basis of actual days elapsed (including the first day but excluding the lastlast day) and a year of 360 days. All calculations under the Loan Documents of interest chargeable with respect to the Base Rate ABR Loans shall be made on the basis of actual days elapsed (including the first day but excluding the lastlast day) and a year of 365 or 366 days, as appropriate.
Appears in 2 contracts
Samples: Credit Agreement (Energy Transfer Equity, L.P.), Credit Agreement (Energy Transfer Equity, L.P.)
Calculations and Determinations. All calculations of interest chargeable with respect to the Eurodollar Rate and of fees shall be made on the basis of actual days elapsed (including the first day but excluding the last) and a year of 360 days. All calculations under the Loan Documents of interest chargeable with respect to the “prime rate” (as defined in the definition of “Base Rate Rate”) shall be made on the basis of actual days elapsed (including the first day but excluding the last) and a year of 365 or 366 days, as appropriate.
Appears in 2 contracts
Samples: Credit Agreement (Sunoco LP), Credit Agreement (Susser Petroleum Partners LP)
Calculations and Determinations. All calculations of interest chargeable with respect to the Eurodollar Rate and of fees shall be made on the basis of actual days elapsed (including the first day but excluding the last) and a year of 360 days. All calculations under the Loan Documents of interest chargeable with respect to the Base Prime Rate shall be made on the basis of actual days elapsed (including the first day but excluding the last) and a year of 365 or 366 days, as appropriate.
Appears in 1 contract
