Common use of Computation of Rates and Fees Clause in Contracts

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 (Pepsiamericas Inc), Term Credit Agreement (Hughes Supply Inc), Credit Agreement (Rexall Sundown Inc)

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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

Samples: Credit Agreement (Health Care Reit Inc /De/)

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)

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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)

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