Common use of Interest Act Clause in Contracts

Interest Act. For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents (and stated herein or therein, as applicable, to be computed on the basis of a 365 day year or any other period of time less than a calendar year) are equivalent are the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 365 or such other period of time, respectively.

Interest Act. For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in any Credit Agreement and in this Agreement and the other Loan Documents (and stated herein or therein, as applicable, applicable to be computed on the basis of a 365 day year or any other period of time less than a calendar year) are equivalent are the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 365 or such other period of time, respectively.

Interest Act. (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents (and stated herein or therein, as applicable, to be computed on the basis of a 365 three hundred sixty (360) day year or any other period of time less than a calendar year) are equivalent are to the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 365 three hundred sixty (360) or such other period of time, respectively.

Interest Act. (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents (and stated herein or therein, as applicable, to be computed on the basis of a 365 day year 360 days or any other period of time less than a calendar year) are equivalent are the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 365 360 or such other period of time, respectively.

Interest Act. (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents (and stated herein or therein, as applicable, to be computed on the basis of a 365 360 day year or any other period of time less than a calendar year) are equivalent are the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 365 360 or such other period of time, respectively.

Interest Act. (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents (and stated herein or and therein, as applicable, to be computed on the basis of a 365 day year having three hundred sixty (360) days or any other period of time less than a calendar year) are equivalent are the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 365 three hundred sixty (360) or such other period of time, respectively.

Interest Act. (Canada). For the purposes of disclosure pursuant to under the Interest Act (Canada), if and to the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents (and stated herein or therein, as extent applicable, whenever interest is to be computed paid hereunder and such interest is to be calculated on the basis of a 365 day year or any other period of time less than a calendar year) are , the yearly rate of interest to which the rate determined pursuant to such calculation is equivalent are is the rates rate so determined multiplied by the actual number of days in the applicable calendar year in which the same is to be ascertained and divided by 365 or the number of days in such other period of time, respectivelyperiod.

Interest Act. (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided for in this Agreement and the other Loan Credit Documents (and stated herein or therein, as applicable, to be computed on the basis of a 365 360 day year or any other period of time less than a calendar year) are equivalent are the rates so determined provided for multiplied by the actual number of days in the applicable calendar year and divided by 365 360 or the actual number of days in such other period of time, respectively.