Common use of Per Annum Calculations; Currency; Time; “Including Clause in Contracts

Per Annum Calculations; Currency; Time; “Including. (a) Unless otherwise stated, interest specified as a rate “per annum” shall be computed on the basis of a calendar year of 365 days or 366 days, as the case may be.

Appears in 4 contracts

Samples: Credit Agreement (Bellatrix Exploration Ltd.), Credit Agreement (Lone Pine Resources Inc.), Credit Agreement (Lone Pine Resources Inc.)

AutoNDA by SimpleDocs

Per Annum Calculations; Currency; Time; “Including. (a) Unless otherwise stated, interest specified as a rate "per annum" shall be computed on the basis of a calendar year of 365 days or 366 days, as the case may be.

Appears in 1 contract

Samples: Credit Facility Agreement (Nord Pacific Limited)

Per Annum Calculations; Currency; Time; “Including. (a) Unless otherwise stated, interest specified as a rate "per annum" shall be computed calculated using the nominal rate method, and not the effective rate method, on the basis of a calendar year of 365 days or 366 days, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Wainoco Oil Corp)

AutoNDA by SimpleDocs

Per Annum Calculations; Currency; Time; “Including. (a) Unless otherwise stated, interest specified as a rate "per annum" shall be computed on the basis of a calendar year of 365 days or 366 days, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Nacg Finance LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.