Calculations and Determinations. All calculations pursuant to the Loan Documents of fees and of interest shall be made on the basis of actual days elapsed (including the first day but excluding the last) and a year of 360 days. Unless otherwise expressly provided herein or Lender otherwise consents in writing, all Financial Statements and reports to be furnished to Lender under the Loan Documents shall be prepared and all financial computations and determinations made pursuant to the Loan Documents, and with respect to the Financial Statements, shall be made in accordance with GAAP.
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Samples: Term Credit Agreement (BPI Energy Holdings, Inc.), Advancing Term Credit Agreement (Westside Energy Corp)
Calculations and Determinations. All calculations pursuant to under the Loan Documents of fees interest and of interest 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. Unless otherwise expressly provided herein or Lender unless Bank One otherwise consents in writing, all Financial Statements financial statements and reports to be furnished to Lender under the Loan Documents Bank One hereunder shall be prepared and all financial computations and determinations made pursuant to the Loan Documents, and with respect to the Financial Statements, hereto shall be made in accordance with GAAP.
Appears in 2 contracts
Samples: Credit Agreement (Cameron Ashley Building Products Inc), Credit Agreement (Cameron Ashley Building Products Inc)
Calculations and Determinations. All calculations pursuant to the Loan Documents of fees and of interest shall be made on the basis of actual days elapsed (including the first day but excluding the last) and a year of 360 365 days. Unless otherwise expressly provided herein or Lender otherwise consents in writing, all Financial Statements financial statements and reports to be furnished to Lender under the Loan Documents shall be prepared and all financial computations and determinations made pursuant to the Loan Documents, and with respect to the Financial Statementsfinancial statements, shall be made in accordance with GAAP.
Appears in 2 contracts
Samples: Credit Agreement (Mallon Resources Corp), Credit Agreement (Black Hills Corp /Sd/)
Calculations and Determinations. All calculations pursuant to the Loan Documents of fees and of interest shall be made on the basis of actual days elapsed (including the first day but excluding the last) and a year of 360 365 or 366 days, as the case may be. Unless otherwise expressly provided herein or Lender otherwise consents in writing, all Financial Statements financial statements and reports to be furnished to Lender under the Loan Documents shall be prepared and all financial computations and determinations made pursuant to the Loan Documents, and with respect to the Financial Statementsfinancial statements, shall be made in accordance with GAAP.
Appears in 1 contract
Calculations and Determinations. All calculations pursuant to the Loan Documents of fees and of interest shall be made on the basis of actual days elapsed (including the first day but excluding the last) and a year of 360 365 days. Unless otherwise expressly provided herein or the Lender otherwise consents in writing, all Financial Statements financial statements and reports to be furnished to the Lender under the Loan Documents shall be prepared and all financial computations and determinations made pursuant to the Loan Documents, and with respect to the Financial Statementsfinancial statements, shall be made in accordance with GAAP.
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