Common use of Computations of Interest and Fees Clause in Contracts

Computations of Interest and Fees. All computations of interest and of fees shall be made by the Administrative Agent on the basis of a year of 360 days and, in the case of ABR Loans, 365 or 366 days, as the case may be, in each case for the actual number of days (including the first day but excluding the last) occurring in the period for which such interest and fees are payable.

Appears in 13 contracts

Samples: Incremental Agreement (Snap One Holdings Corp.), Junior Priority Intercreditor Agreement (Snap One Holdings Corp.), Credit Agreement (Snap One Holdings Corp.)

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Computations of Interest and Fees. All computations of interest and of fees shall be made by the Administrative Agent on the basis of a year of 360 days and, in the case of ABR LoansLoans calculated on the Prime Rate, 365 or 366 365/366-days, as the case may be, in each case for the actual number of days (including the first day but excluding the lastlast day) occurring in the period for which such interest and fees are payable.

Appears in 9 contracts

Samples: Credit Agreement (LPL Financial Holdings Inc.), Credit Agreement (LPL Financial Holdings Inc.), Credit Agreement (LPL Financial Holdings Inc.)

Computations of Interest and Fees. All computations of interest and of fees shall be made by the Administrative Agent on the basis of a year of 360 days and, (except in the case of (i) ABR Loans, which shall be based on a year of 365 or 366 days, as the case may be(ii) Sterling Denominated Loans, which shall be based on a year of 365 or 366 days and (iii) Canadian Dollar Denominated Loans, which shall be based on a year of 365 or 366 days) in each case for the actual number of days (including the first day but excluding the last) occurring in the period for which such interest and fees are payable.

Appears in 3 contracts

Samples: Credit Agreement (MultiPlan Corp), Security Agreement (MultiPlan Corp), Credit Agreement (Snap One Holdings Corp.)

Computations of Interest and Fees. All computations of interest and of fees shall be made by the Administrative Agent on the basis of a year of 360 days and, (except in the case of (i) ABR Loans, which shall be based on a year of 365 or 366 days, as the case may be(ii) Sterling Denominated Loans, which shall be based on a year of 365 or 366 days and (iii) Canadian Dollar Denominated Loans, which shall be based on a year of 365 or 366 days) in each case for the actual number of days (including the first day but excluding the last) occurring in the period for which such interest and fees are payable.. 5.6

Appears in 2 contracts

Samples: Credit Agreement (Snap One Holdings Corp.), Credit Agreement (Snap One Holdings Corp.)

Computations of Interest and Fees. All computations of interest and of fees shall be made by the Administrative Agent on the basis of a year of 360 days and, in the case of ABR LoansLoans calculated on the Prime Rate, 365 or 366 366-days, as the case may be, in each case for the actual number of days (including the first day but excluding the lastlast day) occurring in the period for which such interest and fees are payable. 5.6 Limit on Rate of Interest.

Appears in 1 contract

Samples: Credit Agreement (GCM Grosvenor Inc.)

Computations of Interest and Fees. All computations of interest and of fees shall be made by the Administrative Agent on the basis of a year of 360 days and, in the case of ABR LoansLoans determined by reference to the Prime Rate, 365 or 366 365/366 days, as the case may be, in each case for the actual number of days (including the first day but excluding the last) occurring in the period for which such interest and fees are payable.. 141 NY\6379601.11

Appears in 1 contract

Samples: Credit Agreement (Amsurg Corp)

Computations of Interest and Fees. All computations of interest and of fees shall be made by the Administrative Agent on the basis of a year of 360 days and, in the case of ABR LoansLoans calculated on the Prime Rate, 365 or 366 366-days, as the case may be, in each case for the actual number of days (including the first day but excluding the lastlast day) occurring in the period for which such interest and fees are payable.

Appears in 1 contract

Samples: Credit Agreement (GCM Grosvenor Inc.)

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Computations of Interest and Fees. All computations of interest and of fees shall be made by the Administrative Agent on the basis of a year of 360 days and, in the case of ABR LoansLoans calculated on the Prime Rate, 365 or 366 365/366-days, as the case may be, in each case for the actual number of days (including the first day but excluding the lastlast day) occurring in the period for which such interest and fees are payable.. LPL – Conformed A&R Credit Agreement

Appears in 1 contract

Samples: Credit Agreement (LPL Financial Holdings Inc.)

Computations of Interest and Fees. All computations of interest and of fees shall be made by the Administrative Agent on the basis of a year of 360 days and, in the case of ABR LoansBase Rate (including Base Rate Loans determined by reference to the Term SOFR), 365 or 366 days, as the case may be, in each case for the actual number of days (including the first day but excluding the last) occurring in the period for which such interest and fees are payable.

Appears in 1 contract

Samples: Credit Agreement (Grocery Outlet Holding Corp.)

Computations of Interest and Fees. All computations of interest and of fees shall be made by the Administrative Agent on the basis of a year of 360 days and, in the case of ABR LoansLoans determined by reference to the Prime Rate, 365 or 366 365/366 days, as the case may be, in each case for the actual number of days (including the first day but excluding the last) occurring in the period for which such interest and fees are payable.

Appears in 1 contract

Samples: Credit Agreement (Amsurg Corp)

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