Computations of Interests and Fees. All computations of interest and of fees shall be made by Administrative Agent on the basis of a year of 360 days (or, in the case of Base Rate Loans whose interest rate is calculated based on the rate set forth in clause (a) of the definition of “Base Rate,” 365/366 days), in each case for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest and fees are payable. Each determination of an interest rate or the amount of a fee hereunder shall be made by Administrative Agent (including determinations of a LIBOR — Revolving Loan or Base Rate in accordance with the definitions of LIBOR Rate and Base Rate, respectively) as set forth in the respective definition thereof and shall be conclusive, binding and final for all purposes, absent manifest error.
Appears in 2 contracts
Samples: Credit Agreement (Genesis Healthcare, Inc.), Revolving Credit Agreement (Genesis Healthcare, Inc.)
Computations of Interests and Fees. All computations of interest and of fees shall be made by Administrative Agent on the basis of a year of 360 days (or, in the case of Base Rate Loans whose interest rate is calculated based on the rate set forth in clause (a) of the definition of “Base Rate,” 365/366 days), in each case for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest and fees are payable. Each determination of an interest rate or the amount of a fee hereunder shall be made by Administrative Agent (including determinations of a LIBOR — – Revolving Loan or Base Rate in accordance with the definitions of LIBOR Rate and Base Rate, respectively) as set forth in the respective definition thereof and shall be conclusive, binding and final for all purposes, absent manifest error.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Genesis Healthcare, Inc.), Revolving Credit Agreement (Genesis Healthcare, Inc.)
Computations of Interests and Fees. All computations of interest and of fees shall be made by the Administrative Agent on the basis of a year of 360 days (or, in the case of Base Rate Loans whose interest rate is calculated based on the rate set forth in clause (a) of the definition of “Base Rate,” ”, 365/366 days), in each case for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest and fees are payable. Each determination of an interest rate or the amount of a fee hereunder shall be made by the Administrative Agent (including determinations of a LIBOR — Revolving Loan LIBO Rate or Base Rate in accordance with the definitions of LIBOR Rate “LIBO Rate” and “Base Rate”, respectively) as set forth in the respective definition thereof and shall be conclusive, binding and final for all purposes, absent manifest error.
Appears in 2 contracts
Samples: Credit Agreement (Duff & Phelps CORP), Credit Agreement (Duff & Phelps Corp)
Computations of Interests and Fees. All computations of interest and of fees shall be made by the Administrative Agent on the basis of the actual number of days in the year divided by a 360 day year of 360 days (or, actual/360) (or in the case of Base Rate Loans whose interest rate is calculated based on the rate set forth in clause (a) of the definition of “Base Rate,” ”, 365/366 days), in each case for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest and fees are payable. Each determination of an interest rate or the amount of a fee hereunder shall be made by the Administrative Agent (including determinations of a LIBOR — Revolving Loan Rate or Base Rate in accordance with the definitions of “LIBOR Rate Rate” and “Base Rate”, respectively) as set forth in the respective definition thereof and shall be conclusive, binding and final for all purposes, absent manifest error.
Appears in 1 contract
Samples: Credit Agreement (Emeritus Corp\wa\)
Computations of Interests and Fees. All computations of interest and of fees shall be made by the Administrative Agent on the basis of a year of 360 days (or, in the case of Base Rate Loans whose interest rate is calculated based on the rate set forth in clause (a) of the definition of “Base Rate,” ”, 365/366 days), in each case for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest and fees are payable. Each determination of an interest rate or the amount of a fee hereunder shall be made by the Administrative Agent (including determinations of a LIBOR — Revolving Loan Rate or Base Rate in accordance with the definitions of “LIBOR Rate Rate” and “Base Rate”, respectively) as set forth in the respective definition thereof and shall be conclusive, binding and final for all purposes, absent manifest error.
Appears in 1 contract
Samples: Credit Agreement (Emeritus Corp\wa\)