Calculations and Evidence of Debt. 34.1 Any interest, commission or fee accruing hereunder shall accrue from day to day and shall be calculated on the basis of the actual number of days elapsed and a year of 365 days (or, in the case of any Advance not denominated in Sterling, 360 days) or, in any case where market practice differs, in accordance with market practice.
34.2 Any repayment of an Advance denominated in a Committed Currency or in an Optional Currency shall reduce the amount of such Advance by the amount of such Committed Currency or Optional Currency respectively repaid and shall reduce the Sterling Amount of such Advance proportionately.
34.3 If on any occasion a Reference Bank or Bank fails to supply the Agent with a quotation required of it under the foregoing provisions of this Agreement, the rate for which such quotation was required shall be determined from those quotations which are supplied to the Agent provided that at least two Reference Banks supply a quotation.
34.4 Each Bank shall maintain in accordance with its usual practice accounts evidencing the amounts from time to time lent by and owing to it hereunder.
34.5 The Agent shall maintain on its books a control account or accounts in which shall be recorded (a) the amount and type of any Utilisation made or arising hereunder and each Bank's share therein, (b) the amount of all principal, interest and other sums due or to become due from an Obligor to any of the Banks hereunder and each Bank's share therein and (c) the amount of any sum received or recovered by the Agent hereunder and each Bank's share therein.
34.6 In any legal action or proceeding arising out of or in connection with this Agreement, the entries made in the accounts maintained pursuant to Clauses 34.4 and 34.5 shall be prima facie evidence of the existence and amounts of the obligations of the Obligors therein recorded.
34.7 A certificate of a Bank as to (a) the amount by which a sum payable to it hereunder is to be increased under Clause 11.1 or (b) the amount for the time being required to indemnify it against any such cost, payment or liability as is mentioned in Clause 11.2 or 13.1 shall, in the absence of manifest error, be conclusive for the purposes of this Agreement.
34.8 A certificate of the Agent as to the amount at any time due from the Borrower hereunder or the amount which, but for any of the obligations of the Borrower hereunder being or becoming void, voidable, unenforceable or ineffective, at any time would have been due from the Bo...
Calculations and Evidence of Debt. 36.1 BASIS OF ACCRUAL Interest and the facility fee shall accrue from day to day and shall be calculated on the basis of a year of 360 days (or, if market practice differs, in accordance with market practice) and the actual number of days elapsed.
Calculations and Evidence of Debt. 37.1 BASIS OF ACCRUAL Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 360 days and the actual number of days elapsed.
Calculations and Evidence of Debt. 26.1 Basis of Accrual Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 360 days (or, in any case where market practice differs, in accordance with market practice) and the actual number of days elapsed.
Calculations and Evidence of Debt. 37.1 Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 360 days or in the case of sterling 365 days (or, if market practice differs, in accordance with market practice) and the actual number of days elapsed.
37.2 Each Bank shall maintain in accordance with its usual practice accounts evidencing the amounts from time to time lent by and owing to it hereunder.
37.3 The Agent shall maintain on its books a control account or accounts in which shall be recorded (i) the amount of any Advance made or arising hereunder and each Bank's share therein, (ii) the amount of all principal, interest and other sums due or to become due from any of the Borrowers to any of the Banks hereunder and each Bank's share therein and (iii) the amount of any sum received or recovered by the Agent hereunder and each Bank's share therein.
37.4 In any legal action or proceeding arising out of or in connection with this Agreement, the entries made in the accounts maintained pursuant to Clauses 37.2 and 37.3, save for manifest error, shall be conclusive evidence of the existence and amounts of the obligations of the Obligors therein recorded.
37.5 A certificate of a Bank as to (i) the amount by which a sum payable to it hereunder is to be increased under Clause 14.1 or (ii) the amount for the time being required to indemnify it against any such cost, payment or liability as is mentioned in Clause 14.2 or 16.1 shall, in the absence of manifest error, be conclusive for the purposes of this Agreement.
Calculations and Evidence of Debt. 91 36. REMEDIES AND WAIVERS, PARTIAL INVALIDITY ...................... 93 37. NOTICES........................................................ 93 38. COUNTERPARTS .................................................. 95 39. AMENDMENTS..................................................... 95 40. GOVERNING LAW ................................................. 96 41. JURISDICTION .................................................. 96
Calculations and Evidence of Debt. 25.1 Interest shall accrue from day to day and shall be calculated on the basis of a year of 365 days and the actual number of days elapsed.
25.2 The Lender shall maintain in accordance with its usual practice accounts evidencing the amounts from time to time lent by and owing to it (including interest) hereunder.
Calculations and Evidence of Debt. Interest, commitment fee and commission shall accrue from day to day and shall be calculated on the basis of a year of 365 days (or, in any case where market practice differs, in accordance with market practice) and the actual number of days elapsed.
Calculations and Evidence of Debt. 94 26 THE AGENT, THE ARRANGER, THE SECURITY TRUSTEE AND THE LENDERS . 96
Calculations and Evidence of Debt. 32.1 Interest and Commitment Fee shall accrue from day to day and shall be calculated on the basis of a year of 365 days or (in the case of interest payable on an amount denominated in an Optional Currency) 360 days and the actual number of days elapsed.
