Common use of Rate and Fee Basis Clause in Contracts

Rate and Fee Basis. All per annum rates shall be calculated on the basis of a year of 360 days (or 365/366 days, in the case of ABR Loans the interest rate payable on which is then based on the Prime Rate) for actual days elapsed.

Appears in 2 contracts

Samples: Restructuring Support Agreement (Ultra Petroleum Corp), Credit Agreement (Iron Mountain Inc)

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Rate and Fee Basis. All per annum rates shall be calculated on the basis of a year of 360 days (or 365/366 days, in the case of ABR Loans Loans, the interest rate payable on which is then based on the Prime RateABR) for actual days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Headwaters Inc)

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Rate and Fee Basis. All per annum rates shall be calculated on ------------------ the basis of a year of 360 days (or 365/366 days, in the case of BA loans, Canadian Price Rate loans and ABR Loans the loans then bearing interest rate payable on which is then based on the Prime Rate) for and actual days elapsed.

Appears in 1 contract

Samples: Credit Agreement (Unisource Worldwide Inc)

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