Common use of Interest Act (Canada) Clause in Contracts

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents (and stated herein or therein, as applicable, to be computed on the basis of 360 days or any other period of time less than a calendar year) are equivalent are the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 360 or such other period of time, respectively.

Appears in 15 contracts

Samples: Credit Agreement (Levi Strauss & Co), Credit Agreement (Levi Strauss & Co), Joinder Agreement (Levi Strauss & Co)

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Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided for in this Agreement and the other Loan Credit Documents (and stated herein or therein, as applicable, to be computed on the basis of a 360 days day year or any other period of time less than a calendar year) are equivalent are the rates so determined provided for multiplied by the actual number of days in the applicable calendar year and divided by 360 or the actual number of days in such other period of time, respectively.

Appears in 14 contracts

Samples: Credit and Guaranty Agreement (Valeant Pharmaceuticals International, Inc.), Credit and Guaranty Agreement (Valeant Pharmaceuticals International, Inc.), Credit and Guaranty Agreement (Valeant Pharmaceuticals International, Inc.)

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents (and stated herein or therein, as applicable, to be computed on the basis of a 360 days day year or any other period of time less than a calendar year) are equivalent are the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 360 or such other period of time, respectively.

Appears in 13 contracts

Samples: Credit Agreement (Owens-Illinois Group Inc), Credit Agreement (Exopack Holding Corp), Credit Agreement (Bombay Company Inc)

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided for in this Agreement Indenture and the other Loan Documents any Notes (and stated herein or therein, as applicable, to be computed on the basis of a 360 days day year or any other period of time less other than a calendar year) are equivalent are the rates so determined provided for multiplied by the actual number of days in the applicable calendar year and divided by 360 or the actual number of days in such other period of time, respectively.

Appears in 10 contracts

Samples: Indenture (Restaurant Brands International Inc.), Indenture (Restaurant Brands International Limited Partnership), Indenture (Restaurant Brands International Limited Partnership)

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents for the Canadian Obligations (and as stated herein or therein, as applicable, to be computed on the basis of a 360 days or 365 day year or any other period of time less than a calendar year) are equivalent are to the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 360 360, 365 or such other period of time, respectively.

Appears in 2 contracts

Samples: Credit Agreement (Wesco International Inc), Credit Agreement (Wesco International Inc)

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents (and stated herein or therein, as applicable, to be computed on the basis of a 360 days day year or any other period of time less than a calendar year) are equivalent are the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 360 or the actual number of days in such other period of time, respectively.

Appears in 2 contracts

Samples: Credit Agreement (Stream Global Services, Inc.), Credit Agreement (Stream Global Services, Inc.)

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents (and stated herein or therein, as applicable, to be computed on the basis of 360 days or any other period of time less than a calendar year) are equivalent are to the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 360 or such other period of time, respectively.

Appears in 2 contracts

Samples: Credit Agreement (Gates Industrial Corp PLC), Credit Agreement (Catalyst Paper Corp)

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided for in this Agreement Indenture and the other Loan Documents any Note (and stated herein or therein, as applicable, to be computed on the basis of a 360 days day year or any other period of time less than a calendar year) are equivalent are the rates so determined provided for multiplied by the actual number of days in the applicable calendar year and divided by 360 or the actual number of days in such other period of time, respectively.

Appears in 2 contracts

Samples: Valeant Pharmaceuticals International, Inc., Valeant Pharmaceuticals International, Inc.

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Credit Documents (and stated herein or therein, as applicable, to be computed on the basis of 360 days or any other a period of time less other than a calendar year) are equivalent are the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 360 or actual number of days is such other period of time, respectively.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (AbitibiBowater Inc.), Pledge and Security Agreement (AbitibiBowater Inc.)

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents (and stated herein or therein, as applicable, to be computed on the basis of 360 days a three hundred sixty (360) day year or any other period of time less than a calendar year) are equivalent are to the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 360 three hundred sixty (360) or such other period of time, respectively.

Appears in 2 contracts

Samples: Credit Agreement (J M SMUCKER Co), Credit and Guaranty Agreement (Sparton Corp)

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided for in this Agreement and Canadian Note Guarantee, the other Loan Documents Indenture or the Notes (and stated herein or therein, as applicable, to be computed on the basis of a 360 days day year or any other period of time less than a calendar year) are equivalent are the rates so determined provided for multiplied by the actual number of days in the applicable calendar year and divided by 360 or the actual number of days in such other period of time, respectively.

Appears in 2 contracts

Samples: Valeant Pharmaceuticals International, Inc., Valeant Pharmaceuticals International, Inc.

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement Indenture and the other Loan Note Documents (and stated herein or therein, as applicable, to be computed on the basis of 360 days a 360-day year or any other period of time less than a calendar year) are equivalent are the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 360 or such other period of time, respectively.

Appears in 2 contracts

Samples: Indenture (AbitibiBowater Inc.), Indenture (AbitibiBowater Inc.)

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada)) only and without changing any amounts calculated in accordance with this Agreement, the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents (and stated herein or therein, as applicable, to be computed on the basis of a 360 days day year or any other period of time less than a calendar year) are equivalent are the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 360 or the actual number of days in such other period of time, respectively.

Appears in 2 contracts

Samples: Agreement (BHP Billiton PLC), Facility and Subscription Agreement (BHP Billiton PLC)

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents (and stated herein or therein, as applicable, to be computed on the basis of a 360 days or 365 day year or any other period of time less than a calendar yeartime) are equivalent are to the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 360 360, 365 or such other period of time, respectively.

Appears in 1 contract

Samples: Credit Agreement (BBX Capital Corp)

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents (and stated herein or therein, as applicable, to be computed on the basis of 360 days or any other period of time less than a calendar year) are equivalent are the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 360 or such other period of time, respectively.. 4.20

Appears in 1 contract

Samples: Credit Agreement (Sprague Resources LP)

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), ) the annual rates rate of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents Indenture (and stated herein or therein, as applicable, to be computed on the basis of 360 days a 360-day year or any other period of time less than a calendar year) are equivalent are the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 360 or such other period of time, respectively.. ARTICLE TWO NOTE FORMS

Appears in 1 contract

Samples: Indenture (Bellatrix Exploration Ltd.)

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Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents are (and stated herein or therein, as applicable, to be computed on the basis of 360 days or any other period of time less than a calendar year) are equivalent are the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 360 or such other period of time, respectively.

Appears in 1 contract

Samples: Credit Agreement (Vishay Precision Group, Inc.)

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), ) the annual rates rate of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents Indenture (and stated herein or therein, as applicable, to be computed on the basis of 360 days a 360-day year or any other period of time less than a calendar year) are equivalent are the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 360 or such other period of time, respectively.

Appears in 1 contract

Samples: Indenture (Bellatrix Exploration Ltd.)

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), ) the annual rates rate of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents Indenture (and stated herein or therein, as applicable, to be computed on the basis of 360 days a 360-day year or any other period of time less than a calendar year) are equivalent are to the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 360 or such other period of time, respectively.

Appears in 1 contract

Samples: Supplemental Indenture (Bellatrix Exploration Ltd.)

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided for in this Agreement and the other Loan Credit Documents (and stated herein or therein, as applicable, to be computed on the basis of a 360 days day year or any other period of time less than a calendar year) are equivalent are the rates so determined provided for multiplied by the actual number of days in the applicable calendar year and divided by 360 or the actual number of days in such other period of time, respectively.. 2.25

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Valeant Pharmaceuticals International, Inc.)

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided for in this Agreement Indenture and the other Loan Documents any Notes (and stated herein or therein, as applicable, to be computed on the basis of a 360 days day year or any other period of time less other than a calendar year) are equivalent are the rates so determined provided for multiplied by the actual number of days in the applicable calendar year and divided by 360 or the actual number of days in such other period of time, respectively.respectively.](1)¶

Appears in 1 contract

Samples: Indenture (Essar Steel Canada Inc.)

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents (and stated herein or therein, as applicable, to be computed on the basis of 360 days or any other period of time less than a calendar year) are equivalent are the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 360 or such other period of time, respectively.

Appears in 1 contract

Samples: Revolving Creditandsecurity Agreement (TCP International Holdings Ltd.)

Interest Act (Canada). For the purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided for in this Agreement and Indenture, the other Loan Documents Note Guarantee or the Notes (and stated herein or therein, as applicable, to be computed on the basis of a 360 days day year or any other period of time less than a calendar year) are equivalent are the rates so determined provided for multiplied by the actual number of days in the applicable calendar year and divided by 360 or the actual number of days in such other period of time, respectively.. 100

Appears in 1 contract

Samples: Indenture (Ritchie Bros Auctioneers Inc)

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided for in this Agreement and the other Loan Documents Note (and stated herein or therein, as applicable, to be computed on the basis of a 360 days day year or any other period of time less other than a calendar year) are equivalent are the rates so determined provided for multiplied by the actual number of days in the applicable calendar year and divided by 360 or the actual number of days in such other period of time, respectively.

Appears in 1 contract

Samples: Restaurant Brands International Limited Partnership

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement and the other Loan Documents (and stated herein or therein, as applicable, to be computed on the basis of a 360 days or 356 day year or any other period of time less than a calendar year) are equivalent are the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 360 or 365 or such other period of time, respectively.. CREDIT AGREEMENT

Appears in 1 contract

Samples: Credit Agreement (Ainsworth Lumber Co LTD)

Interest Act (Canada). For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided in this Agreement Indenture and the other Loan Notes Documents (and stated herein or therein, as applicable, to be computed on the basis of a 360 days day year or any other period of time less than a calendar year) are equivalent are to the rates so determined multiplied by the actual number of days in the applicable calendar year and divided by 360 or such other period of time, respectively.

Appears in 1 contract

Samples: Indenture (Cedar Fair L P)

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