Common use of Calculations Clause in Contracts

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent determines is market practice.

Appears in 58 contracts

Samples: Agreement (Rhodia), Agreement (Tele2 Ab), Agreement (Preem Holdings Ab Publ)

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Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent determines is market practice.

Appears in 18 contracts

Samples: Agreement (United States Steel Corp), Agreement (Viasystems Inc), Agreement (Seaspan CORP)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent determines is market practicedays.

Appears in 14 contracts

Samples: Loan Agreement (Xylem Inc.), Master Agreement (Chemtura CORP), 000 Term Loan Agreement (Xylem Inc.)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of Clause 7.1(d) being the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent determines is market practice.

Appears in 8 contracts

Samples: Agreement (Ocean Rig UDW Inc.), Agreement (DryShips Inc.), Agreement (Ocean Rig UDW Inc.)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwiseor, depending on what the Facility Agent determines is if different, in accordance with market practice.

Appears in 5 contracts

Samples: Agreement (Amec PLC), Agreement (Amec PLC), Agreement (Amec PLC)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent determines is market practicedays.

Appears in 5 contracts

Samples: Amendment and Restatement Agreement (Strategic Hotels & Resorts, Inc), Deferred Payment Agreement (Kenon Holdings Ltd.), Revolving Credit Agreement (Rentokil Initial PLC /Fi)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent Security Trustee determines is market practice.

Appears in 4 contracts

Samples: Sponsor Construction (Ocean Rig UDW Inc.), Sponsor Construction And (Ocean Rig UDW Inc.), Ocean Rig UDW Inc.

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent determines is market practice.

Appears in 3 contracts

Samples: Agreement (Centex Development Co Lp), Agreement (Centex Corp), Agreement (Centex Development Co Lp)

Calculations. (a) Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent Trustee determines is market practice.

Appears in 3 contracts

Samples: Agreement (Babylon Holdings LTD), Agreement (Babylon Holdings LTD), Babylon Holdings LTD

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent determines (acting reasonably) is market practice.

Appears in 3 contracts

Samples: Agreement (Liberty Global, Inc.), Agreement (Liberty Global, Inc.), Telenet Bidco (Liberty Global, Inc.)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 days (or in the case of any amount denominated in Sterling 365 days or otherwise, otherwise depending on what the Facility Agent determines is to be market practice).

Appears in 3 contracts

Samples: Amendment and Restatement Agreement (Smurfit Kappa Funding PLC), Agreement (JSG Funding PLC), Agreement (Smurfit Kappa Acquisitions)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 days (or in the case of an issued Letter of Credit denominated in Hong Kong Dollars, 365 days days) or otherwise, depending on what the Facility Agent determines is market practice.

Appears in 3 contracts

Samples: Facility Agreement (TTM Technologies Inc), Facility Agreement (TTM Technologies Inc), Facility Agreement (TTM Technologies Inc)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 days (where interest is calculated on a Floating Rate Basis) or 365 days on a 30/360 or otherwise, depending act/360 basis (where interest is calculated on what the Facility Agent determines is market practicea Fixed Rate Basis).

Appears in 2 contracts

Samples: Facility Agreement (Strategic Hotels & Resorts, Inc), Facility Agreement (Strategic Hotels & Resorts, Inc)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent (acting reasonably) determines is market practice.

Appears in 2 contracts

Samples: Agreement (Imperial Tobacco Group PLC), Agreement (Imperial Tobacco Group PLC)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent Lender determines is market practice.

Appears in 2 contracts

Samples: Agreement (Danaos Corp), Bridge Facility Agreement (Professional Staff PLC)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days (for a Loan in Sterling) or 360 days (for Loan in any other currency) or otherwise, depending on what the Facility Agent determines is market practicepractice for the relevant currency.

Appears in 2 contracts

Samples: Agreement (Eros International PLC), Facilities Agreement (Eros International PLC)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent determines is to be market practice.

Appears in 2 contracts

Samples: Agreement (Kabel Deutschland Vertrieb Und Service GmbH & Co. KG), Agreement (Kabel Deutschland GmbH)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 three hundred and sixty days or otherwise, depending on what the Facility Agent determines is market practice.

Appears in 2 contracts

Samples: Facility Agreement (Global Ship Lease, Inc.), Facility Agreement (Global Ship Lease, Inc.)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent determines is market practice.

Appears in 1 contract

Samples: Chartered Semiconductor Manufacturing LTD

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent determines is market practice.. FEES

Appears in 1 contract

Samples: Agreement (PPL Electric Utilities Corp)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the relevant Facility Agent determines is market practice.

Appears in 1 contract

Samples: Agreement (UTi WORLDWIDE INC)

Calculations. Any interest interest, commission or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent determines is market practice.

Appears in 1 contract

Samples: Agreement (Alfa Laval Special Finance Ab)

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Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent determines Lenders determine is market practice.

Appears in 1 contract

Samples: Credit Facility Agreement (Renova Media Enterprises Ltd.)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent determines is market practice.

Appears in 1 contract

Samples: Facilities Agreement (Royal Ahold)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent determines is market practice360.

Appears in 1 contract

Samples: Facilities Agreement (Mechel OAO)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent Lender determines is market practice.

Appears in 1 contract

Samples: Agreement (United Auto Group Inc)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent determines is market practicepractice (such determination to be notified to the Company by the Facility Agent).

Appears in 1 contract

Samples: Agreement (Telesystem International Wireless Inc)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent (acting reasonably) determines is to be market practice.

Appears in 1 contract

Samples: Credit Facility Agreement (Terex Corp)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwiseif market practice differs, depending on what the Facility Agent determines is in accordance with market practice.

Appears in 1 contract

Samples: Agreement (Bausch & Lomb Inc)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Security Agent determines is market practice.

Appears in 1 contract

Samples: Credit Agreement (MGM Resorts International)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed 30-day months and a year of 360 or 365 days or otherwise, depending on what the Facility Agent determines is market practicedays.

Appears in 1 contract

Samples: Facility Agreement (Aquaventure Holdings LLC)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated computed on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent determines is market practicedays.

Appears in 1 contract

Samples: Credit Agreement (Warp Technology Holdings Inc)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent determines determines, after consultation with the Company, is market practice.

Appears in 1 contract

Samples: United States Steel Corp

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 days or 365 days or otherwise, depending on what (if the Facility Agent determines is that market practicepractice departs from a year of 360 days). Except as otherwise specified in this Agreement, in any such calculation the first day of a period shall be included and the last day shall be excluded.

Appears in 1 contract

Samples: Agreement (Mittal Steel Co N.V.)

Calculations. Any interest or fee accruing under this Agreement accrues from day to day and is calculated on the basis of the actual number of days elapsed and a year of 360 or 365 days or otherwise, depending on what the Facility Agent determines is market practice.. -------------------------------------------------------------------------------

Appears in 1 contract

Samples: Bridge Loan Agreement (Enodis PLC)

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