Common use of Per Annum Calculations Clause in Contracts

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.

Appears in 13 contracts

Samples: Credit Agreement, Credit Agreement, Credit Agreement

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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 is expressed on the basis of, and shall be calculated on the basis of calendar a year of 365 days.

Appears in 8 contracts

Samples: Credit Agreement (Baytex Energy Corp.), Credit Agreement (Baytex Energy Corp.), Credit Agreement (Greenfire Resources Ltd.)

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 is expressed on the basis of, and shall be calculated on the basis of calendar a year of 365 days.

Appears in 4 contracts

Samples: Credit Facilities (Hammerhead Energy Inc.), Credit Agreement (Baytex Energy Corp.), Credit Agreement

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 or 366 days, as the case may be.

Appears in 2 contracts

Samples: Credit Agreement (Trident Resources Corp), Credit Agreement (Pacific Energy Partners Lp)

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 is expressed on the basis of, and shall be calculated on the basis of calendar of, a year of 365 days.

Appears in 2 contracts

Samples: Credit Agreement (Powell Industries Inc), Credit Agreement (Powell Industries Inc)

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 a year of 365 days.

Appears in 2 contracts

Samples: Credit Agreement (Enerflex Ltd.), Credit Agreement

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 is expressed on the basis of, and shall be calculated on the basis of calendar a year of 365 days.. 31150487.8

Appears in 1 contract

Samples: Credit Agreement (Baytex Energy Corp.)

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 or 366 days, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Keyspan Corp)

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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 a calendar year of 365 days.

Appears in 1 contract

Samples: Credit Agreement

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 is expressed on the basis of, and shall be calculated on the basis of calendar a year of 365 days or 366 days, as applicable.

Appears in 1 contract

Samples: Credit Agreement

Per Annum Calculations. Unless otherwise statedstated or the context otherwise requires, wherever in this Agreement reference is made to a rate “per annum” or a similar expression is used, such rate is expressed on the basis of, and shall be calculated on the basis of calendar of, a year of 365 days.

Appears in 1 contract

Samples: Credit Agreement (Nexen Inc)

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 a calendar year of 365 days.

Appears in 1 contract

Samples: Credit Agreement

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