Common use of Computation of Interest and Related Fees Clause in Contracts

Computation of Interest and Related Fees. Other than calculations in respect of interest at the Base Rate (which shall be made on the actual number of days elapsed in a 365/366-day year), all interest and fees under each Financing Document shall be calculated on the basis of a 360-day year for the actual number of days elapsed. The date of funding of a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of a Base Rate Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest. If a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest on all Base Rate Loans is payable in arrears on the last day of each calendar quarter and on the maturity of such Loans, whether by acceleration or otherwise. Interest on LIBOR Loans shall be payable on the last day of the applicable Interest Period, unless the Interest Period is greater than three (3) months, in which case interest will be payable on the last day of each three (3) month interval. In addition, interest on LIBOR Loans is due on the maturity of such Loans, whether by acceleration or otherwise.

Computation of Interest and Related Fees. Other than calculations in respect of interest at the Base Rate (which shall be made on the actual number of days elapsed in a 365/366-day year), all All interest and fees under each Financing Document shall be calculated on the basis of a 360-day year for the actual number of days elapsed; provided that interest on Base Rate Loans shall be calculated on the basis of a 365-366-day year for the actual number of days elapsed. The date of funding of a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of a Base Rate Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest. If a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest on all Base Rate Loans is payable in arrears on the last day of each calendar quarter month and on the maturity of such Loans, whether by acceleration or otherwise. Interest on LIBOR Loans shall be payable on the last day of the applicable Interest Period, unless the Interest Period is greater than three (3) months, in which case interest will be payable on the last day of each three (3) month interval. In addition, interest on LIBOR Loans is due on the maturity of such Loans, whether by acceleration or otherwise.

Computation of Interest and Related Fees. Other than calculations Interest on all Loans and all ---------------------------------------- other Obligations and any fees set forth in respect of interest at the Base Rate (which shall be made on the actual number of days elapsed in a 365/366-day year), all interest and fees under each Financing Document this subsection 1.2 shall be calculated daily on the basis of a three hundred sixty (360-) day year for the actual number of days elapsedelapsed in the period during which it accrues. The date of funding of a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of a Base Rate Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest. If a Loan is repaid on the same day that it is made, one (1) day’s days' interest shall be charged. Interest on all Base Rate Loans is payable in arrears on the last first day of each calendar quarter month and on the maturity of such Base Rate Loans, whether by acceleration or otherwise. Interest on LIBOR Loans shall be payable on the last day of the applicable Interest Period, unless the Interest Period is greater than three (3) months, in which case interest will be payable on the last day of each three (3) month interval. In addition, interest on LIBOR Loans is due on the maturity of such LIBOR Loans, whether by acceleration or otherwise.

Computation of Interest and Related Fees. Other than calculations in respect of interest at the Base Rate (which shall be made Interest on the actual number of days elapsed Loans and other Obligations, including any fees set forth in a 365/366-day year)this subsection 1.2, all interest and fees under each Financing Document shall be calculated daily on the basis of a three hundred sixty (360-) day year for the actual number of days elapsedelapsed in the period during which it accrues. The date of funding of a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of a Base Rate Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest. If a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest on all Base Rate Loans is payable in arrears on the last first day of each calendar quarter month and on the maturity of such Loans, whether by acceleration or otherwise. Interest on LIBOR Loans shall be payable on the last day of the applicable Interest Period, unless the Interest Period is greater than three (3) months, in which case interest will be payable on the last day of each three (3) month interval. In addition, interest on LIBOR Loans is due on the maturity of such Loans, whether by acceleration or otherwise.

Computation of Interest and Related Fees. Other than calculations Interest on all Loans and all other Obligations and any fees set forth in respect of interest at the Base Rate (which shall be made on the actual number of days elapsed in a 365/366-day year), all interest and fees under each Financing Document this subsection 1.2 shall be calculated daily on the basis of a three hundred sixty (360-) day year for the actual number of days elapsedelapsed in the period during which it accrues. The date of funding of a Base Rate Loan and the first (1st) day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of a Base Rate Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest. If a Loan is repaid on the same day that it is made, one (1) day’s days' interest shall be charged. Interest on all Base Rate Loans is payable in arrears on the last day of each calendar quarter Adjustment Date and on the maturity of such Loans, whether by acceleration or otherwise. Interest on LIBOR Loans shall be payable on the last day of the applicable Interest Period, unless the Interest Period is greater than three (3) months, in which case interest will be payable on the last day of each three (3) month interval. In addition, interest on LIBOR Loans is due on the maturity of such Loans, whether by acceleration or otherwise.

Computation of Interest and Related Fees. Other than calculations Interest on all Loans and ----------------------------------------- all other Obligations and any fees set forth in respect of interest at the Base Rate (which shall be made on the actual number of days elapsed in a 365/366-day year), all interest and fees under each Financing Document this subsection 1.2 shall be calculated daily on the basis of a three hundred sixty (360-) day year for the actual number of days elapsedelapsed in the period during which it accrues. The date of funding of a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of a Base Rate Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest. If a Loan is repaid on the same day that it is made, one (1) day’s days' interest shall be charged. Interest on all Base Rate Loans is payable in arrears on the last first day of each calendar quarter and on the maturity of such Loans, Base Rate Loans whether by acceleration or otherwise. Interest on LIBOR Loans shall be payable on the last day of the applicable Interest Period, unless the Interest Period is greater than three (3) months, in which case interest will be payable on the last day of each three (3) month interval. In addition, interest on LIBOR Loans is due on the maturity of such LIBOR Loans, whether by acceleration or otherwise.