Common use of Computation of Interest Clause in Contracts

Computation of Interest. Except as otherwise provided in or pursuant to this Indenture or in any Security, interest on the Securities shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 79 contracts

Samples: Indenture (Teekay Offshore Finance Corp.), Indenture (Nordstrom Inc), Indenture (Teekay LNG Finance Corp.)

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Computation of Interest. Except as otherwise provided in or pursuant to this Indenture or in any Security, interest Interest on the Securities shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 9 contracts

Samples: Indenture (Rogers Communications Inc), Indenture (Cii Financial Inc), Indenture (Analog Devices Inc)

Computation of Interest. Except as otherwise provided in or pursuant specified as contemplated by Section 301 with respect to this Indenture or in Securities of any Securityseries, interest on the Securities shall be computed on the basis of a 360-day year consisting of twelve 30-day months.

Appears in 8 contracts

Samples: Indenture (Arden Realty LTD), Indenture (Equity Office Properties Trust), Indenture (Evans Withycombe Residential Lp)

Computation of Interest. Except as otherwise provided in or pursuant to this Indenture Indenture, or in any Security, interest on the Securities shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 7 contracts

Samples: And (Delcath Systems Inc), Indenture (Radisys Corp), Indenture (WaferGen Bio-Systems, Inc.)

Computation of Interest. Except as otherwise provided in or pursuant to this Indenture or in any Security, interest Interest on the Securities shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 4 contracts

Samples: Securities and Guarantee (Apache Corp), Securities and Guarantee (Apache Corp), Apache Corp

Computation of Interest. Except as otherwise provided in or pursuant to this Indenture or in any Security, interest on the Securities shall be computed on the basis of a 360-day year comprised of twelve 30-day months.

Appears in 3 contracts

Samples: Limited Waiver (Elan Corp PLC), Indenture (Elan Corp PLC), Funding Agreement (Elan Corp PLC)

Computation of Interest. Except as otherwise provided in or pursuant to this Indenture or in any Security, interest Interest on the Securities shall be computed on the basis of a 360-day year of twelve 30-day months, except that Special Interest shall be computed on the basis of a 365-day year and the actual number of days elapsed.

Appears in 2 contracts

Samples: Allegheny Energy Supply Co LLC, Exelon Generation Co LLC

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Computation of Interest. Except as otherwise provided in or pursuant to this Indenture or in Interest (including any Security, interest Special Interest) on the Securities shall be computed on the basis of a 360-day year comprised of twelve 30-day months.

Appears in 2 contracts

Samples: Indenture (Interface Inc), Indenture (Interface Inc)

Computation of Interest. Except as otherwise provided in or pursuant to this Indenture or in any Security, interest on the Securities shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Old Kent Financial Corp /Mi/

Computation of Interest. Except as otherwise provided in or pursuant to this Indenture or in any Security, interest (a) Interest on the Securities shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Pledge Agreement (Rogers Wireless Inc)

Computation of Interest. Except as otherwise provided in or pursuant to this Indenture or in any Security, interest Interest on the Securities shall be computed on the basis of a 360-day year of twelve 30-day months, except that Special Interest shall be computed on the basis of a 360-day year and the actual number of days elapsed.

Appears in 1 contract

Samples: Scholastic Corp

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