Common use of Computations Clause in Contracts

Computations. All computations hereunder shall be computed on the basis of the actual number of days elapsed and a 360-day year.

Appears in 95 contracts

Sources: Interfund Lending Agreement (Principal Variable Contracts Funds Inc), Master Interfund Lending Agreement (Putnam Variable Trust), Master Interfund Lending Agreement (Putnam High Yield Fund)

Computations. All computations hereunder shall be computed on the basis of the actual number of days elapsed and either (a) a 360-day year or (b) the actual number of days in the year, as determined by the Cash Management Team when it sets the Interest Rate.

Appears in 19 contracts

Sources: Interfund Loan Agreement (Aim Counselor Series Trust (Invesco Counselor Series Trust)), Interfund Loan Agreement (Aim Tax Exempt Funds (Invesco Tax-Exempt Funds)), Interfund Loan Agreement (Aim Sector Funds (Invesco Sector Funds))

Computations. All computations hereunder shall be computed on the basis of the actual number of days elapsed and a 360-day the actual number of days in the year.

Appears in 2 contracts

Sources: Interfund Lending Agreement (Aim Counselor Series Trust (Invesco Counselor Series Trust)), Interfund Lending Agreement (Aim International Mutual Funds (Invesco International Mutual Funds))