Computation of Rates and Fees. Except as may be otherwise expressly provided, all interest rates (including the Base Rate, each Eurodollar Rate, and the Default Rate) and fees shall be computed on the basis of a year of 360 days and calculated for actual days elapsed.
Appears in 6 contracts
Samples: Credit Agreement (Ameristeel Corp), Short Term Credit Agreement (Hughes Supply Inc), Revolving Credit Agreement (Crown Crafts Inc)
Computation of Rates and Fees. Except as may be otherwise expressly provided, (a) interest on Base Rate Loans shall be computed on the basis of a year of 365/366 days and calculated for actual days elapsed and (b) all other interest rates (including the Base Rate, each Eurodollar Rate, Fixed Rate and the Default Rate) and fees shall be computed on the basis of a year of 360 days and calculated for actual days elapsed.
Appears in 4 contracts
Samples: Credit Agreement (V F Corp), Credit Agreement (V F Corp), Credit Agreement (V F Corp)
Computation of Rates and Fees. Except as may be otherwise expressly provided, (i) the Base Rate shall be computed on the basis of a year of 365/6 days and calculated for actual days elapsed, and (ii) all other interest rates (including the Base Rate, each Eurodollar Rate, Rate and the Default Rate) and fees shall be computed on the basis of a year of 360 days and calculated for actual days elapsed.
Appears in 2 contracts
Samples: Credit Agreement (P F Changs China Bistro Inc), Credit Agreement (P F Changs China Bistro Inc)
Computation of Rates and Fees. Except as may be otherwise expressly provided, all interest rates (including the Base Prime Rate, each Eurodollar LIBOR Rate, and the Default Rate) and fees shall be computed on the basis of a year of 360 days and calculated for actual days elapsed.
Appears in 1 contract
Computation of Rates and Fees. Except as may be otherwise expressly provided, all interest rates (including the Base Rate, each Eurodollar Rate, Fixed Rate and the Default Rate) and fees shall be computed on the basis of a year of 360 days and calculated for actual days elapsed.
Appears in 1 contract
Samples: Credit Agreement (V F Corp)
Computation of Rates and Fees. Except as may be otherwise expressly ----------------------------- provided, all interest rates (including other than the Base Rate, each Eurodollar Rate, and Prime Rate which shall be computed on the Default Ratebasis of the actual number of days elapsed in a year of 365/366 days) and fees shall be computed on the basis of a year of 360 days and calculated for actual days elapsed.
Appears in 1 contract
Samples: Credit Agreement (Cone Mills Corp)
Computation of Rates and Fees. Except as may be otherwise expressly provided, all interest rates (including other than the Base Rate, each Eurodollar Rate, and Prime Rate which shall be computed on the Default Ratebasis of the actual number of days elapsed in a year of 365/366 days) and fees shall be computed on the basis of a year of 360 days and calculated for actual days elapsed.
Appears in 1 contract
Samples: Credit Agreement (Cone Mills Corp)
