Computations. All computations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate shall be made 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 is payable.
Appears in 232 contracts
Sources: Revolving Credit Agreement (American Airlines, Inc.), Revolving Credit Agreement (American Airlines, Inc.), Revolving Credit Agreement (American Airlines Inc)
Computations. All computations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate shall be made 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 is payable.
Appears in 14 contracts
Sources: Revolving Credit Agreement (Jetblue Airways Corp), Revolving Credit Agreement (Jetblue Airways Corp), Revolving Credit Agreement (Jetblue Airways Corp)
Computations. All computations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate or the Market Disruption Base Rate shall be made 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 is payable.
Appears in 13 contracts
Sources: Revolving Credit Agreement (Us Airways Inc), Revolving Credit Agreement (Us Airways Inc), Revolving Credit Agreement (Us Airways Inc)
Computations. All computations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of (x) interest based on the LIBOR Rate and (y) fees payable to the Liquidity Provider, shall be made 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 is payable.
Appears in 9 contracts
Sources: Irrevocable Revolving Credit Agreement (America West Airlines Inc), Irrevocable Revolving Credit Agreement (America West Airlines Inc), Irrevocable Revolving Credit Agreement (America West Airlines Inc)
Computations. All computations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate (other than where the LIBOR Rate is determined based on the Base Rate or any Benchmark Replacement with determinations based on a year of 365 or 366 days, as the case may be) shall be made 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 is payable.
Appears in 6 contracts
Sources: Revolving Credit Agreement (United Airlines, Inc.), Revolving Credit Agreement (United Airlines, Inc.), Revolving Credit Agreement (United Airlines, Inc.)
Computations. All computations of interest based on the Base ------------ Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate shall be made 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 is payable.
Appears in 4 contracts
Sources: Revolving Credit Agreement (United Air Lines Inc), Revolving Credit Agreement (United Air Lines Inc), Revolving Credit Agreement (United Air Lines Inc)
Computations. All computations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of (x) interest based on the LIBOR Rate and (y) fees payable to the Liquidity Provider shall be made 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 is payable.
Appears in 4 contracts
Sources: Irrevocable Revolving Credit Agreement (Midway Airlines Corp), Irrevocable Revolving Credit Agreement (Midway Airlines Corp), Irrevocable Revolving Credit Agreement (Midway Airlines Corp)
Computations. All computations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate (other than where the LIBOR Rate is determined based on the Base Rate or any Benchmark Replacement Rate with determinations based on a year of 365 or 366 days, as the case may be) shall be made 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 is payable.
Appears in 3 contracts
Sources: Revolving Credit Agreement (United Airlines, Inc.), Revolving Credit Agreement (United Airlines, Inc.), Revolving Credit Agreement (United Airlines, Inc.)
Computations. All computations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate shall be made 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 is payable.
Appears in 3 contracts
Sources: Revolving Credit Agreement (Continental Airlines Inc /De/), Revolving Credit Agreement (Southwest Airlines Co), Revolving Credit Agreement (Southwest Airlines Co)
Computations. All computations of interest based on ------------ the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate shall be made 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 is payable.
Appears in 3 contracts
Sources: Revolving Credit Agreement (Midway Airlines Corp), Revolving Credit Agreement (Midway Airlines Corp), Revolving Credit Agreement (Midway Airlines Corp)
Computations. All computations of interest based on the ------------ Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate shall be made 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 is payable.
Appears in 3 contracts
Sources: Revolving Credit Agreement (United Air Lines Inc), Revolving Credit Agreement (United Air Lines Inc), Revolving Credit Agreement (United Air Lines Inc)
Computations. All computations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate and of fees payable to the Liquidity Provider shall be made 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 is payable.
Appears in 3 contracts
Sources: Irrevocable Revolving Credit Agreement (Northwest Airlines Corp), Irrevocable Revolving Credit Agreement (Northwest Airlines Corp), Irrevocable Revolving Credit Agreement (Northwest Airlines Corp)
Computations. All computations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate shall be made 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 is payable.. Revolving Credit Agreement (Class AA) (American Airlines 2019-1 Aircraft EETC)
Appears in 1 contract
Sources: Trust Supplement
Computations. All computations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate shall be made 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 is payable.. Revolving Credit Agreement
Appears in 1 contract
Computations. All computations of interest based ------------ on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate shall be made 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 is payable.
Appears in 1 contract
Computations. All computations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate shall be made 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 is payable.. Revolving Credit Agreement (Class B) (American Airlines 2019-1 Aircraft EETC)
Appears in 1 contract
Sources: Trust Supplement
Computations. All computations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate shall be made 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 is payable.days
Appears in 1 contract
Sources: Revolving Credit Agreement (Continental Airlines Inc /De/)
Computations. All computations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate RateAdjusted Term SOFR shall be made 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 is payable.
Appears in 1 contract
Computations. All computations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate shall be made on the basis of 25 21 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 is payable.
Appears in 1 contract
Sources: Revolving Credit Agreement (Continental Airlines Inc /De/)
Computations. All computations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate shall be made 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 is payable.. 24 20
Appears in 1 contract
Sources: Revolving Credit Agreement (Continental Airlines Inc /De/)
Computations. All computations A▇▇ ▇▇▇▇▇▇ations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate shall be made 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 is payable.
Appears in 1 contract
Sources: Revolving Credit Agreement (Northwest Airlines Corp)
Computations. All computations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate shall be made 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 is payable.. Revolving Credit Agreement (Class A) (American Airlines 2019-1 Aircraft EETC)
Appears in 1 contract
Sources: Trust Supplement
Computations. All computations com▇▇▇▇▇▇▇▇▇ of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of (x) interest based on the LIBOR Rate and (y) fees payable to the Liquidity Provider shall be made 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 is payable.
Appears in 1 contract
Sources: Irrevocable Revolving Credit Agreement (Federal Express Corp)
Computations. All computations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate shall be made 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 is payable.. Revolving Credit Agreement (Class AA) (Delta 2020-1 EETC)
Appears in 1 contract
Computations. All computations of interest based on the Base Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the LIBOR Rate shall be made 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 is payable.. Revolving Credit Agreement (Class A) (Delta 2020-1 EETC)
Appears in 1 contract