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 each 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, (ai) interest on the Base Rate Loans shall be computed on the basis of a year of 365/366 365/6 days and calculated for actual days elapsed elapsed, and (bii) all other interest rates (including each Fixed 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 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, (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 each Fixed Rate and the Default Eurodollar 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, (a) interest on Base Rate Loans shall be computed on the basis of a year of 365/366 days and calculated for the actual number of days elapsed and (b) all other interest rates (including each Fixed 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 1 contract
Samples: Credit Agreement (Health Management Associates Inc)
Computation of Rates and Fees. Except as may be otherwise expressly ----------------------------- provided, all interest rates (a) interest on Base other than the Prime Rate Loans which shall be computed on the basis of the actual number of days elapsed in a year of 365/366 days and calculated for actual days elapsed and (b) all other interest rates (including each Fixed Rate and the Default Ratedays) 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, (a) interest on Base Rate Loans shall be computed on the basis of a year of 365/366 days and calculated for the actual of days elapsed and (b) all other interest rates (including each 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 (Kellwood Co)