Computations of Interest and Fees. (a) Except for Base Rate Loans, on which interest shall be computed on the basis of a 365 or 366 day year as the case may be, all computations of interest and fees hereunder shall be made on the basis of the actual number of days elapsed over a year of 360 days.
Appears in 30 contracts
Samples: Revolving Credit Agreement (Dominion Energy, Inc), Day Term Loan Credit Agreement (Dominion Energy, Inc), Revolving Credit Agreement (Dominion Energy, Inc)
Computations of Interest and Fees. (a) Except for Base Rate LoansLoans computed using the Prime Rate, on which interest shall be computed on the basis of a 365 or 366 day year as the case may be, all computations of interest and fees hereunder shall be made on the basis of the actual number of days elapsed over a year of 360 days.
Appears in 19 contracts
Samples: Revolving Credit Agreement (Virginia Electric & Power Co), Revolving Credit Agreement (Dominion Energy South Carolina, Inc.), Revolving Credit Agreement (Dominion Energy, Inc)
Computations of Interest and Fees. (a) Except for Base Rate Loans, on which interest shall be computed on the basis of a 365 or 366 day year as the case may be, all All computations of interest and fees hereunder shall be made on the basis of the actual number of days elapsed over a year of 360 days. Interest shall accrue from and include the date of borrowing (or continuation or conversion) but exclude the date of payment.
Appears in 16 contracts
Samples: Revolving Credit Agreement (Pan Pacific Retail Properties Inc), Revolving Credit Agreement (Pan Pacific Retail Properties Inc), Credit Agreement (Sports & Recreation Inc)
Computations of Interest and Fees. (a) Except for Base Rate LoansLoans that are based upon the Prime Rate, on which interest shall be computed on the basis of a 365 or 366 day year as the case may be, all computations of interest and fees hereunder shall be made on the basis of the actual number of days elapsed over a year of 360 days.
Appears in 11 contracts
Samples: Credit Agreement (DCP Midstream Partners, LP), Credit Agreement (Spectra Energy Partners, LP), Credit Agreement (DCP Midstream Partners, LP)
Computations of Interest and Fees. (a) Except for Base Rate LoansAdvances bearing interest determined under clause (i) of the definition of Base Rate, on which interest shall be computed on the basis of a 365 or 366 day year year, as the case may be, all computations of interest and fees hereunder shall be made on the basis of the actual number of days elapsed over a year of 360 days.
Appears in 8 contracts
Samples: Credit Agreement (Wisconsin Energy Corp), Credit Agreement (Wisconsin Energy Corp), Credit Agreement (Wisconsin Energy Corp)
Computations of Interest and Fees. (a) a. Except for Base Rate Loans, on which interest shall be computed on the basis of a 365 or 366 day year as the case may be, all computations of interest and fees hereunder shall be made on the basis of the actual number of days elapsed over a year of 360 days.
Appears in 7 contracts
Samples: Credit Agreement (Consolidated Natural Gas Co/Va), Credit Agreement (Dominion Resources Inc /Va/), Credit Agreement (Dominion Resources Inc /Va/)
Computations of Interest and Fees. (a) Except for Base Rate Loans, on which interest shall be computed on the basis of a 365 365- or 366 366-day year year, as the case may be, all computations of interest and fees hereunder shall be made on the basis of the actual number of days elapsed over a year of 360 days.
Appears in 3 contracts
Samples: Multi Year Credit Agreement (Alabama Power Co), Credit Agreement (Southern Power Co), Credit Agreement (Alabama Power Co)
Computations of Interest and Fees. (a) Except for Base Rate Loans, on which interest shall be computed on the basis of a 365 or 366 day year as the case may beexpressly provided otherwise herein, all computations of interest and fees hereunder shall be made on the basis of the actual number of days elapsed over a year of 360 days. Interest shall accrue from and include the date of borrowing, but exclude the date of payment.
Appears in 2 contracts
Samples: Credit Agreement (Helmerich & Payne Inc), Credit Agreement (Helmerich & Payne Inc)
Computations of Interest and Fees. (a) Except for Base Rate Loans, on in which interest shall be computed on the basis of a 365 or 366 day year as the case may be, all computations of interest and fees hereunder shall be made on the basis of the actual number of days elapsed over a year of 360 days.
Appears in 2 contracts
Samples: Credit Agreement (Fruit of the Loom Inc /De/), Credit Agreement (Ivex Packaging Corp /De/)
Computations of Interest and Fees. (a) Except for Base Rate LoansLoans calculated using the Prime Rate, on which interest shall be computed on the basis of a 365 or 366 day year as the case may be, all computations of interest and fees hereunder shall be made on the basis of the actual number of days elapsed over a year of 360 days.
Appears in 2 contracts
Samples: Credit Agreement (Dominion Resources Inc /Va/), Credit Agreement (Dominion Resources Inc /Va/)
Computations of Interest and Fees. (a) Except for Base Rate LoansLoans bearing interest based on the Prime Rate, on which interest shall be computed on the basis of a 365 or 366 day year year, as the case may be, all computations of interest and fees hereunder shall be made on the basis of the actual number of days elapsed over a year of 360 days.
Appears in 2 contracts
Samples: Term Loan Agreement (Alabama Power Co), Credit Agreement (Mississippi Power Co)
Computations of Interest and Fees. (a) Except for Base Rate Loans, on which interest shall be computed on the basis of a 365 or 366 day year as the case may be, all computations of interest and fees hereunder shall be made on the basis of the actual number of days elapsed over a year of 360 days. Interest shall accrue from the date a Loan is made until the date such Loan is repaid or continued or converted pursuant to Section 2.4.
Appears in 2 contracts
Samples: Credit Agreement (Atmos Energy Corp), Term Credit Agreement (Atmos Energy Corp)
Computations of Interest and Fees. (a) Except for Base Rate Loans, on which interest shall be computed on the basis of a 365 or 366 day year year, as the case may be, all computations of interest and fees hereunder shall be made on the basis of the actual number of days elapsed over a year of 360 days.
Appears in 1 contract
Computations of Interest and Fees. (a) Except for Base Rate LoansLoans determined by reference to the Prime Rate, on which interest shall be computed on the basis of a 365 or 366 day year as the case may be, all computations of interest and fees hereunder shall be made on the basis of the actual number of days elapsed over a year of 360 days.
Appears in 1 contract
Samples: Five Year Credit Agreement (Integrys Energy Group, Inc.)
Computations of Interest and Fees. (a) Except for Base Rate LoansLoans bearing interest determined under clause (b) of the definition of Base Rate, on which interest shall be computed on the basis of a 365 or 366 day year as the case may be, all computations of interest and fees hereunder shall be made on the basis of the actual number of days elapsed over a year of 360 days.
Appears in 1 contract
