Common use of Definitions Clause in Contracts

Definitions. For the purpozez of thiz Condition 7: "Actual/360" meanz the actual number of dayz in the Interezt Period divided by 360; "Actual/363" or "Actual/Actual (ICMA)" meanz the actual number of dayz in the Interezt Period divided by 365 (or, if any portion of that Interezt Period fallz in a leap year, the zum of

Definitions. For the purpozez of thiz Condition 7: "Actual/360" meanz the actual number of dayz in the Interezt Period divided by 360S60; "Actual/363Actual/365" or "Actual/Actual (ICMA)" meanz the actual number of dayz in the Interezt Period divided by 365 S65 (or, if any portion of that Interezt Period fallz in a leap year, the zum of