Common use of Calculations and Evidence of Debt Clause in Contracts

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.

Appears in 1 contract

Samples: Second Secured Facility Agreement (Primacom Ag)

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Calculations and Evidence of Debt. 37.1 35.1 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 and the actual number of days elapsed.

Appears in 1 contract

Samples: Mezzanine Credit Agreement (Transworld Healthcare Inc)

Calculations and Evidence of Debt. 37.1 BASIS OF ACCRUAL 29.1 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 (or, in any case where market practice differs, in accordance with market practice) and the actual number of days elapsed.

Appears in 1 contract

Samples: Revolving Loan Agreement (Imc Global Inc)

Calculations and Evidence of Debt. 37.1 38.1 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.

Appears in 1 contract

Samples: Credit Agreement (NTL Inc/De/)

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Calculations and Evidence of Debt. 37.1 BASIS OF ACCRUAL 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.

Appears in 1 contract

Samples: Multicurrency Revolving Loan Agreement (Gulfmark Offshore Inc)

Calculations and Evidence of Debt. 37.1 BASIS OF ACCRUAL 38.1 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.

Appears in 1 contract

Samples: Credit Agreement (Comple Tel Europe Nv)

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