Day Counts. Interest on ABR Loans shall be calculated on the basis of (a) a 365-day, or, if applicable, a 366-day, year for the actual number of days elapsed for so long as interest is determined pursuant to clause (i) of the definition of "Alternate Base Rate" and (b) a 360-day year for the actual number of days elapsed otherwise. Interest on all other Loans, and all fees shall be calculated on the basis of a 360-day year for the actual number of days elapsed.
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Samples: Subsidiary Guaranty Agreement (Apogee Enterprises Inc), Credit Agreement (Apogee Enterprises Inc)
Day Counts. Interest on ABR Loans shall be calculated on the basis of (a) a 365-day, or, if applicable, a 366-day, year for the actual number of days elapsed for so long as interest is determined pursuant to clause (i) of the definition of "βAlternate Base Rate" β and (b) a 360-day year for the actual number of days elapsed otherwise. Interest on all other Loans, and all fees shall be calculated on the basis of a 360-day year for the actual number of days elapsed.
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Day Counts. Interest on ABR Loans shall be calculated on the basis of (a) a 365-day, 365- or, if applicable, a 366-day, day year for the actual number of days elapsed for so long as interest is determined pursuant to clause (i1) of the definition of "Alternate Base Rate" and (b) a 360-day year for the actual number of days elapsed otherwise. Interest on all other Loans, and all fees shall be calculated on the basis of a 360-day year for the actual number of days elapsed.
Appears in 1 contract
Samples: Pledge and Security Agreement (Winstar Communications Inc)
