Per Annum Calculations. Unless otherwise stated, wherever in this Agreement reference is made to a rate “per annum” or a similar expression is used, such rate shall be calculated on the basis of calendar year of 365 days.
Per Annum Calculations. For the purposes of the Interest Act (Canada), whenever interest to be paid under this Indenture is to be calculated on the basis of a year of a specified number of days, the yearly equivalent rate of interest to which the rate determined pursuant to such calculation is equivalent to is the rate so determined multiplied by the actual number of days in the calendar year in which the same is to be ascertained divided by such specified number of days.
Per Annum Calculations. Unless otherwise stated, wherever in this Agreement or any other Loan Document reference is made to a rate of interest “per annum” or a similar expression is used, such interest shall be calculated using the nominal rate method, and not the effective rate method, of calculation and on the basis of a calendar year of 365 days or 366 days, as the case may be.
Per Annum Calculations. Unless otherwise stated, wherever in this Agreement reference is made to a rate of interest "per annum" or a similar expression is used, such interest shall be calculated using the nominal rate method, and not the effective rate method, of calculation and on the basis of a calendar year of 360 days. The principle of deemed reinvestment of interest shall not apply to any interest calculation under this Agreement.
Per Annum Calculations. Unless otherwise stated, wherever reference is made in this Indenture to a rate of interest "per annum" or a similar expression is used, the interest shall be calculated using the nominal rate method, and not the effective rate method, of calculation and on the basis of a year of 360 days within 12 months of 30 days each. For purposes of disclosure under the Interest Act (Canada), whenever interest to be paid hereunder is to be calculated on the basis of a year of 360 days, the yearly rate of interest to which the rate determined pursuant to such calculation is equivalent is the rate so determined multiplied by the actual number of days in the calendar year in which the same is to be ascertained and divided by 360.
Per Annum Calculations. 10 1.8 Schedules............................................................................................ 10 ARTICLE 2 -
Per Annum Calculations. 29 1.7 Certain Matters Related to Ratings Explained.........................................................29 1.8 Schedules............................................................................................31 1.9
Per Annum Calculations. 2 1.7 SCHEDULES............................................................2
Per Annum Calculations. 3 1.7 INTEREST ACT (CANADA)...............................................3 1.8 SCHEDULES...........................................................3
