Common use of Determination of Accrual Rent Clause in Contracts

Determination of Accrual Rent. All computations of Accrual Rent and other accrued amounts (including, without limitation, the Overdue Rate), in each case pursuant to the Operative Documents shall be made on the basis of a 360-day year and the actual days elapsed for Accrual Rent calculated by reference to the LIBO Rate.

Appears in 4 contracts

Samples: Lease and Security Agreement (Lsi Logic Corp), Lease and Security Agreement (Lsi Logic Corp), Lease and Security Agreement (Lsi Logic Corp)

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