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.
Appears in 2 contracts
Samples: Revolving Facility Agreement (Central European Media Enterprises LTD), Dual Currency Bridge Loan Agreement (Hungarian Telephone & Cable Corp)
Calculations and Evidence of Debt. 26.1 Basis of Accrual 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 (or, in any case where market practice differs, consisting of 12 months of 30 days.
21.2 The Lender shall maintain in accordance with market practice) its usual practice accounts evidencing the amounts from time to time lent by and the actual number of days elapsedowing to it hereunder.
Appears in 2 contracts
Samples: Facility Agreement (Ci4net Com Inc), Facility Agreement (Ci4net Com Inc)
Calculations and Evidence of Debt. 26.1 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 (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: Facility Agreement (Adt Limited)
