Common use of Computation of Yield and Fees Clause in Contracts

Computation of Yield and Fees. All Yield and Fees shall be computed on the basis of the actual number of days (including the first day but excluding the last day) occurring during the period for which such Yield or Fee is payable over a year comprised of 360 days.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Champion Enterprises Inc), Receivables Purchase Agreement (Champion Enterprises Inc)

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Computation of Yield and Fees. All Yield and Fees shall be ----------------------------- computed on the basis of the actual number of days (including the first day but excluding the last day) occurring during the period for which such Yield or Fee is payable over a year comprised of 360 days (or, in the case of Yield on an Advance bearing Yield at the Alternate Base Rate, 365 days or, if appropriate, 366 days).

Appears in 2 contracts

Samples: Receivables Financing Agreement (Americredit Financial Services of Canada LTD), Receivables Financing Agreement (Americredit Corp)

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Computation of Yield and Fees. All Yield and Fees shall be computed on the basis of the actual number of days (including the first day but excluding 38 46 the last day) occurring during the period for which such Yield or Fee fee is payable over a year comprised of 360 days (or, in the case of Yield on an Advance bearing Yield at the Alternate Base Rate, 365 days or, if appropriate, 366 days).

Appears in 1 contract

Samples: Receivables Financing Agreement (Acc Consumer Finance Corp)

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