Common use of Computations of Interests and Fees Clause in Contracts

Computations of Interests 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, in each case for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest and fees are payable. Each determination of an interest rate or the amount of a fee hereunder shall be made by the Administrative Agent (including determinations of a EURIBOR Rate in accordance with the definitions of “EURIBOR Rate”) and shall be conclusive, binding and final for all purposes, absent manifest error. The Administrative Agent shall as soon as practicable notify the Borrower and the relevant Lenders of each such determination.

Appears in 3 contracts

Samples: Credit Agreement (Hill International, Inc.), Credit Agreement (Hill International, Inc.), Credit Agreement (Hill International, Inc.)

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Computations of Interests 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, in each case for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest and fees are payable. Each determination of an interest rate or the amount of a fee hereunder shall be made by the Administrative Agent (including determinations of a EURIBOR Eurodollar Rate in accordance with the definitions definition of “EURIBOR "Eurodollar Rate") and shall be conclusive, binding and final for all purposes, absent manifest error. The Administrative Agent shall as soon as practicable notify the Borrower and the relevant Lenders of each such determination.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Goamerica Inc)

Computations of Interests 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, in each case for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest and fees are payable. Each determination of an interest rate or the amount of a fee hereunder shall be made by the Administrative Agent (including determinations of a EURIBOR Eurodollar Rate in accordance with the definitions definition of “EURIBOR Eurodollar Rate”) and shall be conclusive, binding and final for all purposes, absent manifest error. The Administrative Agent shall as soon as practicable notify the Borrower and the relevant Lenders of each such determination.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Clearlake Capital Partners, LLC)

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Computations of Interests 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, in each case for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest and fees are payable. Each determination of an interest rate or the amount of a fee hereunder shall be made by the Administrative Agent (including determinations of a EURIBOR Eurodollar Rate in accordance with the definitions of “EURIBOR Eurodollar Rate”) and shall be conclusive, binding and final for all purposes, absent manifest error. The Administrative Agent shall as soon as practicable notify the Borrower and the relevant Lenders of each such determination.

Appears in 1 contract

Samples: Credit Agreement (Palm Harbor Homes Inc /Fl/)

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