Interest Computation. All interest hereunder shall be computed on the basis of a year of three hundred sixty (360) days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day). The Adjusted LIBO Rate shall be determined by the Administrative Agent, and such determination shall be conclusive absent manifest error.
Appears in 48 contracts
Samples: Loan and Guarantee Agreement (Jetblue Airways Corp), Loan and Guarantee Agreement (United Airlines, Inc.), Loan and Guarantee Agreement (Frontier Group Holdings, Inc.)
Interest Computation. All interest hereunder shall be computed on the basis of a year of three hundred sixty (360) days 360 days, and in each case shall be payable for the actual number of days elapsed (including the first day but excluding the last day). The Adjusted applicable LIBO Rate shall be determined by the Administrative Agent, and such determination shall be conclusive absent manifest error.
Appears in 4 contracts
Samples: Credit Agreement (Atlas Corp.), Credit Agreement (Atlas Corp.), Credit Agreement (Atlas Corp.)
Interest Computation. All interest hereunder shall be computed on the basis of a year of three hundred sixty (360) days 360 days, and shall be payable for the actual number of days elapsed (including the first day but excluding the last day). The Adjusted LIBO LIBOR Rate shall be determined by the Administrative AgentLender, and such determination shall be conclusive absent manifest error.
Appears in 3 contracts
Samples: Credit Agreement (Blue Capital Reinsurance Holdings Ltd.), Credit Agreement (Montpelier Re Holdings LTD), Credit Agreement (Montpelier Re Holdings LTD)
