Common use of Calculations and payments in general Clause in Contracts

Calculations and payments in general. 7.1 Calculation. Interest, the Commitment Fee, default interest pursuant to Article 7.5 (Default interest) hereof, lump-sum compensation payments for overdue amounts pursuant to Article 7.6 (Lump-sum compensation) hereof, Non-Utilisation Fee and Prepayment Fee will be calculated on the basis of a 360-day year with thirty-day months. 7.2 Due date. If a payment to be made in connection with this Loan Agreement falls due on a date that is not a Banking Day, the Borrower must make such payment on the following Banking Day. If the following Banking Day falls within the next calendar month, such payment must be made on the last Banking Day of the current calendar month. 7.3 Account number, time of crediting. The Borrower will be released from its payment obligations in connection with this Loan Agreement if and to the extent that the respective amounts have been credited to KfW at its free disposal without any deductions in euros and no later than at 10.00 a.m. in Frankfurt am Main, Federal Republic of Germany, to KfW’s account in Frankfurt am Main, Federal Republic of Germany, number IBAN DE92 5002 0400 3122 3012 32, stating the due date as an additional reference („Ref. YYYYMMDD”). 7.4 Counterclaims of the Borrower. The Borrower is not entitled to assert any rights of retention or set-off or comparable rights against payment obligations under this Loan Agreement unless such rights are recognised by declaratory judgment or are not being contested by KfW.

Calculations and payments in general. 7.1 Calculation. Interest, the Commitment Fee, default interest pursuant to Article 7.5 (Default interest) hereof, lump-sum compensation payments for overdue amounts pursuant to Article 7.6 (Lump-sum compensation) hereof, Non-Utilisation Fee acceptance Compensation and Prepayment Fee Compensation will be calculated on the basis of a 360-day year with thirty-day months. 7.2 Due date. If a payment to be made in connection with this Loan Agreement falls due on a date that is not a Banking Day, the Borrower must make such payment on the following Banking Day. If the following Banking Day falls within the next calendar month, such payment must be made on the last Banking Day of the current calendar month. 7.3 Account number, time of crediting. The Borrower will be released from its payment obligations in connection with this Loan Agreement if and to the extent that the respective amounts have been credited to KfW at its free disposal without any deductions in euros and no later than at 10.00 a.m. in Frankfurt am Main, Federal Republic of Germany, to KfW’s 's account in Frankfurt am Main, Federal Republic of Germany, number IBAN DE92 5002 0400 3122 3012 32, XX00 0000 0000 0000 0000 00 stating the due date as an additional reference („"Ref. YYYYMMDD”"). 7.4 Counterclaims of the Borrower. The Borrower is not entitled to assert any rights of retention or set-off or comparable rights against payment obligations under this Loan Agreement unless such rights are recognised by declaratory judgment or are not being contested by KfW.

Calculations and payments in general. 7.1 Calculation. Interest, the Commitment Fee, default interest pursuant to Article 7.5 (Default interest) hereof, lump-sum compensation payments for overdue amounts pursuant to Article 7.6 (Lump-sum compensation) hereof, Non-Utilisation Fee and Prepayment Fee will be calculated on the basis of a 360-day year with thirty-day months. 7.2 Due date. If a payment to be made in connection with this Loan Agreement falls due on a date that is not a Banking Day, the Borrower must make such payment on the following Banking Day. If the following Banking Day falls within the next calendar month, such payment must be made on the last Banking Day of the current calendar month. 7.3 Account number, time of crediting. The Borrower will be released from its payment obligations in connection with this Loan Agreement if and to the extent that the respective amounts have been credited to KfW at its free disposal without any deductions in euros and no later than at 10.00 a.m. in Frankfurt am Main, Federal Republic of Germany, to KfW’s account in Frankfurt am Main, Federal Republic of Germany, number IBAN DE92 5002 0400 3122 3012 32DE 9250020400 3122301232, stating the due date as an additional reference („”Ref. YYYYMMDD”). 7.4 Counterclaims of the Borrower. The Borrower is not entitled to assert any rights of retention or set-off or comparable rights against payment obligations under this Loan Agreement unless such rights are recognised by declaratory judgment or are not being contested by KfW.

Calculations and payments in general. 7.1 Calculation. Interest, the Commitment Fee, default interest pursuant to Article 7.5 (Default interest) hereof, lump-sum compensation payments for overdue amounts pursuant to Article 7.6 (Lump-sum compensation) hereof, Non-Utilisation Fee and Prepayment Fee will be calculated on the basis of a 360-day year with thirty-thirty- day months. 7.2 Due date. If a payment to be made in connection with this Loan Agreement falls due on a date that is not a Banking Day, the Borrower must make such payment on the following Banking Day. If the following Banking Day falls within the next calendar month, such payment must be made on the last Banking Day of the current calendar month. 7.3 Account number, time of crediting. The Borrower will be released from its payment obligations in connection with this Loan Agreement if and to the extent that the respective amounts have been credited to KfW at its free disposal without any deductions in euros and no later than at 10.00 a.m. in Frankfurt am Main, Federal Republic of Germany, to KfW’s 's account in Frankfurt am Main, Federal Republic of Germany, number IBAN DE92 5002 0400 3122 3012 32XX00 0000 0000 0000 0000 00, stating the due date as an additional reference („"Ref. YYYYMMDD”"). 7.4 Counterclaims of the Borrower. The Borrower is not entitled to assert any rights of retention or set-off or comparable rights against payment obligations under this Loan Agreement unless such rights are recognised by declaratory judgment or are not being contested by KfW.

Calculations and payments in general. 7.1 Calculation. Interest, the Commitment Fee, default interest pursuant to Article 7.5 (Default interest) hereof, lump-sum compensation payments for overdue amounts pursuant to Article 7.6 (Lump-sum compensation) hereof, Non-Utilisation Fee and Prepayment Fee will be calculated on the basis of a 360-day year with thirty-day months. 7.2 Due date. If a payment to be made in connection with this Loan Agreement falls due on a date that is not a Banking Day, the Borrower must make such payment on the following Banking Day. If the following Banking Day falls within the next calendar month, such payment must be made on the last Banking Day of the current calendar month. 7.3 Account number, time of crediting. The Borrower will be released from its payment obligations in connection with this Loan Agreement if and to the extent that the respective amounts have been credited to KfW at its free disposal without any deductions in euros and no later than at 10.00 a.m. in Frankfurt am Main, Federal Republic of Germany, to KfW’s 's account in Frankfurt am Main, Federal Republic of Germany, number IBAN DE92 5002 0400 3122 3012 32XX00 0000 0000 0000 0000 00, stating the due date as an additional reference („"Ref. YYYYMMDD”"). 7.4 Counterclaims of the Borrower. The Borrower is not entitled to assert any rights of retention or set-off or comparable rights against payment obligations under this Loan Agreement unless such rights are recognised by declaratory judgment or are not being contested by KfW.