Common use of Calculations and Evidence of Debt Clause in Contracts

Calculations and Evidence of Debt. 21.1 Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 360 days consisting of 12 months of 30 days.

Appears in 2 contracts

Samples: Agreement (Ci4net Com Inc), Agreement (Ci4net Com Inc)

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Calculations and Evidence of Debt. 21.1 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 consisting (or, in any case where market practice differs, in accordance with market practice) and the actual number of 12 months of 30 daysdays elapsed.

Appears in 2 contracts

Samples: Agreement (Central European Media Enterprises LTD), Dual Currency Bridge Loan Agreement (Hungarian Telephone & Cable Corp)

Calculations and Evidence of Debt. 21.1 30.1 Basis of Accrual Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 360 365 days consisting (or, in any case where market practice differs, in accordance with market practice) and the actual number of 12 months of 30 daysdays elapsed.

Appears in 1 contract

Samples: Adt Limited

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Calculations and Evidence of Debt. 21.1 25.1 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 consisting and the actual number of 12 months of 30 daysdays elapsed.

Appears in 1 contract

Samples: Teekay Shipping Corp

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