Common use of Computation of Interest and Fees; Usury Clause in Contracts

Computation of Interest and Fees; Usury. (a) Interest payable hereunder with respect to any Alternate Base Rate Loan based on the Prime Rate shall be calculated on the basis of a year of three hundred sixty-five (365) days (or three hundred sixty-six (366) days, as applicable) for the actual days elapsed. All other fees, interest and all other amounts payable hereunder shall be calculated on the basis of a three hundred sixty (360) day year for the actual days elapsed. The Administrative Agent shall as soon as practicable notify the Borrower and the Lenders of each determination of a LIBOR Rate on the Business Day of the determination thereof. Any change in the interest rate on a Loan resulting from a change in the Alternate Base Rate shall become effective as of the opening of business on the day on which such change in the Alternate Base Rate shall become effective. The Administrative Agent shall as soon as practicable notify the Borrower and the Lenders of the effective date and the amount of each such change.

Computation of Interest and Fees; Usury. (a) Interest payable hereunder with respect to any Alternate Base Rate Loan Loans based on the Prime Rate and Foreign Currency Loans denominated in Pounds Sterling shall be calculated on the basis of a year of three hundred sixty-five (365) 365 days (or three hundred sixty-six (366) 366 days, as applicable) for the actual days elapsed. All other fees, interest and all other amounts payable hereunder shall be calculated on the basis of a three hundred sixty (360) 360 day year for the actual days elapsed. The Administrative Agent shall as soon as practicable notify the Borrower Company and the Lenders of each determination of a LIBOR Rate on the Business Day of the determination thereof. Any change in the interest rate on a Loan resulting from a change in the Alternate Base Rate shall become effective as of the opening of business on the day on which such change in the Alternate Base Rate shall become effective. The Administrative Agent shall as soon as practicable notify the Borrower Company and the Lenders of the effective date and the amount of each such change.

Computation of Interest and Fees; Usury. (a) Interest payable hereunder with respect to any Alternate Base Rate Loan based on the Prime Rate or any LIBOR Loan made in British Pounds Sterling shall be calculated on the basis of a year of three hundred sixty-five (365) 365 days (or three hundred sixty-six (366) 366 days, as applicable) for the actual days elapsed. All other fees, interest and all other amounts payable hereunder shall be calculated on the basis of a three hundred sixty (360) -day year for the actual days elapsed. The Administrative Agent shall as soon as practicable notify the Borrower and the Lenders of each determination of a LIBOR Rate on the Business Day of the determination thereof. Any change in the interest rate on a Loan resulting from a change in the Alternate Base Rate shall become effective as of the opening of business on the day on which such change in the Alternate Base Rate shall become effective. The Administrative Agent shall as soon as practicable notify the Borrower and the Lenders of the effective date and the amount of each such change.

Computation of Interest and Fees; Usury. (a) Interest payable hereunder with respect to any Alternate Base Rate Loan Loans based on the Prime Rate and Foreign Currency Loans shall be calculated on the basis of a year of three hundred sixty-five (365) 365 days (or three hundred sixty-six (366) 366 days, as applicable) for the actual days elapsed. All other fees, interest and all other amounts payable hereunder shall be calculated on the basis of a three hundred sixty (360) 360 day year for the actual days elapsed. The Administrative Agent shall as soon as practicable notify the Borrower Company and the Lenders of each determination of a LIBOR Rate or Adjusted LIBO Rate, as applicable, on the Business Day of the determination thereof. Any change in the interest rate on a Loan resulting from a change in the Alternate Base Rate shall become effective as of the opening of business on the day on which such change in the Alternate Base Rate shall become effective. The Administrative Agent shall as soon as practicable notify the Borrower Company and the Lenders of the effective date and the amount of each such change.

Computation of Interest and Fees; Usury. (a) Interest payable hereunder with respect to any Alternate Base Rate Loan based on the Prime Rate or any LIBOR Loan made in British Pounds Sterling shall be calculated on the basis of a year of three hundred sixty-five (365) 365 days (or three hundred sixty-six (366) 366 days, as applicable) for the actual days elapsed. All other fees, interest and all other amounts payable hereunder shall be calculated on the basis of a three hundred sixty (360) -day year for the actual days elapsed. The Administrative Agent shall as soon as practicable notify the Borrower Company and the Lenders of each determination of a LIBOR Rate on the Business Day of the determination thereof. Any change in the interest rate on a Loan resulting from a change in the Alternate Base Rate or the LIBOR Market Index Rate shall become effective as of the opening of business on the day on which such change in the Alternate Base Rate or the LIBOR Market Index Rate, as applicable, shall become effective. The Administrative Agent shall as soon as practicable notify the Borrower Company and the Lenders of the effective date and the amount of each such change.

Computation of Interest and Fees; Usury. (a) Interest payable hereunder with respect to any Alternate Base Rate Loan based on the Prime Rate(including Alternate Base Rate Loans determined by reference to Term SOFR) shall be calculated on the basis of a year of three hundred sixty-five (365) days (or three hundred sixty-six (366) days, as applicable) for the actual days elapsed. All other fees, interest and all other amounts payable hereunder shall be calculated on the basis of a three hundred sixty (360) day year for the actual days elapsed. The Administrative Agent shall as soon as practicable notify the Borrower and the Lenders of each determination of a LIBOR Rate RateTerm SOFR on the Business Day of the determination thereof. Any change in the interest rate on a Loan resulting from a change in the Alternate Base Rate shall become effective as of the opening of business on the day on which such change in the Alternate Base Rate shall become effective. The Administrative Agent shall as soon as practicable notify the Borrower and the Lenders of the effective date and the amount of each such change.

Computation of Interest and Fees; Usury. (a) Interest payable hereunder with respect to any Alternate Base Rate Loan based on the Prime Rate or any LIBOR Rate Loan made in British Pounds Sterling or an Alternative Currency shall be calculated on the basis of a year of three hundred sixty-five (365) 365 days (or three hundred sixty-six (366) 366 days, as applicable) for the actual days elapsed. All other fees, interest and all other amounts payable hereunder shall be calculated on the basis of a three hundred sixty (360) -day year for the actual days elapsed. The Administrative Agent shall as soon as practicable notify the Borrower Company and the Lenders of each determination of a LIBOR Rate and EURIBOR Rate on the Business Day of the determination thereof. Any change in the interest rate on a Loan resulting from a change in the Alternate Base Rate shall become effective as of the opening of business on the day on which such change in the Alternate Base Rate shall become effective. The Administrative Agent shall as soon as practicable notify the Borrower Company and the Lenders of the effective date and the amount of each such change.