Common use of Day count convention Clause in Contracts

Day count convention. Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 365 days (in the case of amounts denominated in Sterling) or 360 days (in the case of amounts denominated in any other currency) (as appropriate or, in any case where market practice differs, in accordance with market practice) and the actual number of days elapsed and any Tax Deductions required to be made from any payment of interest shall be computed and paid accordingly.

Day count convention. Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 365 days (in the case of amounts denominated in Sterlingsterling) or 360 days (in the case of amounts denominated in any other currencyOptional Currencies or euro) (as appropriate or, in any case where market practice differs, in accordance with market practice) and the actual number of days elapsed and any Tax Deductions required to be made from any payment of interest shall be computed and paid accordinglyelapsed.

Day count convention. Interest and commitment Any interest, commission shall or fee accruing under this Agreement will accrue from day to day and shall be is calculated on the basis of the actual number of days elapsed and a year of 365 days (in or 366 days, as the case of amounts denominated in Sterling) or 360 days (in the case of amounts denominated in any other currency) (as appropriate may be, or, in any case where market the practice differs, in accordance with market practice) and . Each determination by the actual number Lender of days elapsed and any Tax Deductions required to be made from any payment of an interest rate, fee or commission hereunder shall be computed conclusive and paid accordinglybinding for all purposes, absent manifest error.

Day count convention. Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 365 days (in the case of amounts denominated in Sterling) or 360 days (in the case of amounts denominated in any other currency) (as appropriate or, in any case where market practice differs, in accordance with market practice) and the actual number of days elapsed and any Tax Deductions required to be made from any payment of interest shall be computed and paid accordinglyelapsed.

Day count convention. Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 365 days (in the case of amounts denominated in Sterling) or 360 days (in the case of amounts denominated in any other currency) (as appropriate or, in any case where market practice differs, in accordance with market practice) , and the actual number of days elapsed and any Tax Deductions required to be made from any payment of interest shall be computed and paid accordingly.

Day count convention. Interest Interest, commission and commitment commission fees shall accrue from day to day and shall be calculated on the basis of a year of 365 360 days (or, in the case of any amounts denominated in Sterlingsterling, 365 days) or 360 days (in the case of amounts denominated in any other currency) (as appropriate or, in any case where market practice differs, in accordance with market practice) practice and the actual number of days elapsed and any Tax Deductions required to be made from any payment of interest shall be computed and paid accordinglyelapsed.

Day count convention. Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 365 days (in the case of amounts denominated in Sterling) or 360 days (in the case of amounts denominated in any other currency) (as appropriate or, in any case where market practice differs, in accordance with market practice) and the actual number of days elapsed and any Tax Deductions required to be made from any payment of interest shall be computed and paid accordinglyelapsed.

Day count convention. Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 365 days (in the case of amounts denominated in Sterlingeuro) or 360 days (in the case of amounts denominated in any other currency) (as appropriate or, in any case where market practice differs, in accordance with market practice) and the actual number of days elapsed and any Tax Deductions required to be made from any payment of interest shall be computed and paid accordingly.