Day Count Fraction Sample Clauses

Day Count Fraction. Whenever it is necessary to compute an amount of interest in respect of a Loan Tranche for any period (including any Loan Tranche Interest Period for such Loan Tranche), such interest shall be calculated on the basis of actual days elapsed in a 365 day year.
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Day Count Fraction. Actual/Actual (ICMA) (for the purpose of calculating interest in respect of a period of less than a full half year)
Day Count Fraction. 30/360 Reset Dates: The first day of each Calculation Period. Compounding: Inapplicable.
Day Count Fraction. Interest shall accrue from day to day, shall be calculated on the basis of the actual number of days elapsed and a [365][360] day year, including the first day of the period during which it accrues but excluding the last.12
Day Count Fraction. Day Count Fraction means, in respect of the calculation of an amount of interest on the Loan for any period of time (the Calculation Period) the actual number of days in the Calculation Period divided by 360.
Day Count Fraction. The rates of interest per annum payable on or in respect of the Loan are expressed on the basis of a 365 or 366 day year, as applicable.
Day Count Fraction. All interest is respect of Advances and the Loan shall accrue from day to day (after as well as before judgment) on the basis of a year of 360 days and for the actual number of days elapsed.
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Day Count Fraction. If interest is required to be calculated for a period of less than one full year, such interest will be calculated on the basis of the actual number of days elapsed, divided by the number of days (365 or 366) in the respective interest year (the “Day Count Fraction”).
Day Count Fraction. If interest is required to be calculated for any period of time, such interest shall be calculated on the basis of the Day Count Fraction (as defined below).
Day Count Fraction. The rates of interest per annum payable on or in respect of Canadian Prime Rate, US Base Rate Loans (except where it is determined with reference to the Federal Funds Rate), US Prime Rate Loans (except where it is determined with reference to the Federal Funds Rate), CDOR and the BA Reference Rate and the Standby Fees and Standby Instrument Fees payable under the Canadian Facilities, are expressed on the basis of a 365 day year. The rates of interest per annum payable on or in respect of US Base Rate Loans (where it is determined with reference to the Federal Funds Rate), US Prime Rate Loans (where it is determined with reference to the Federal Funds Rate), Libor Loans, the Federal Funds Rate and the Standby Fes and Standby Instrument Fees payable under the US Facilities, are expressed on the basis of a 360 day year.
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