Common use of Computation of Interest and Fees Maximum Interest Rate Clause in Contracts

Computation of Interest and Fees Maximum Interest Rate. (a) All computations of interest with respect to the Loans and computations of the fees (including the Letter of Credit Fee) due hereunder for any period shall be calculated on the basis of a year of 360 days for the actual number of days elapsed in such period, provided that all computations of interest with respect to Base Rate Loans shall be calculated on the basis of a year of 365/366 days for the actual number of days elapsed in such period. Interest shall accrue from the first day of the making of a Loan (or the date on which interest or fees or other payments are due hereunder, if applicable) to (but not including) the date of repayment of such Loan (or the date of the payment of interest or fees or other payments, if applicable) in accordance with the provisions hereof.

Computation of Interest and Fees Maximum Interest Rate. (a) All computations of interest with respect to the Loans that bear interest at the Base Rate and computations of the fees (including the Letter of Credit Fee) due hereunder for any period shall be calculated on the basis of a year of 360 days 365 or 366 days, as the case may be, for the actual number of days elapsed in such period, provided that all . All computations of interest with respect to Base Rate the Loans that bear interest at SOFR shall be calculated made on the basis of a 360-day year of 365/366 and actual days for the actual number of days elapsed in such periodelapsed. Interest shall accrue from the first day of the making of a Loan (or the date on which interest or fees or other payments are due hereunder, if applicable) to (but not including) the date of repayment of such Loan (or the date of the payment of interest or fees or other payments, if applicable) in accordance with the provisions hereof.

Computation of Interest and Fees Maximum Interest Rate. (a) All computations of interest with respect to the Loans that bear interest at the Base Rate and computations of the fees (including the Letter of Credit Fee) due hereunder for any period shall be calculated on the basis of a year of 360 days 365 or 366 days, as the case may be, for the actual number of days elapsed in such period, provided that all . All computations of interest with respect to Base the Loans that bear interest at the LIBOR Rate Loans shall be calculated made on the basis of a 360-day year of 365/366 and actual days for the actual number of days elapsed in such periodelapsed. Interest shall accrue from the first day of the making of a Loan (or the date on which interest or fees or other payments are due hereunder, if applicable) to (but not including) the date of repayment of such Loan (or the date of the payment of interest or fees or other payments, if applicable) in accordance with the provisions hereof.

Computation of Interest and Fees Maximum Interest Rate. (a) All computations of interest with respect to the Loans and computations of the fees (including the Letter of Credit Fee) due hereunder for any period shall be calculated on the basis of a year of 360 days for the actual number of days elapsed in such period, provided period (except that all computations of interest with respect to Base Rate Loans or other obligations bearing interest at the Base Rate shall be calculated on the basis of a year of 365/366 days for the actual number of days elapsed in such period). Interest shall accrue from the first day of the making of a Loan (or the date on which interest or fees or other payments are due hereunder, if applicable) to (but not including) the date of repayment of such Loan (or the date of the payment of interest or fees or other payments, if applicable) in accordance with the provisions hereof.