Interest Act (Canada). For the purposes of the Interest Act (Canada), the annual rates of interest and fees applicable to Canadian Prime Rate Loans, U.S. Base Rate Loans and Bankers' Acceptances, respectively, are the rates as determined hereunder multiplied by the actual number of days in a period of one year commencing on the first day of the period for which such interest or stamping fee is payable and divided by 365.
Appears in 3 contracts
Samples: Credit Agreement (Harvest Operations Corp.), Credit Agreement (Harvest Operations Corp.), Credit Agreement (Harvest Operations Corp.)
Interest Act (Canada). For the purposes of the Interest Act (Canada)) and all other applicable Laws which may hereafter regulate the calculation or computation of interest on borrowed funds, the annual rates of interest and fees applicable under the Credit Facility to Canadian Prime Rate Loans, U.S. Base Rate Loans and Loans, Bankers' AcceptancesAcceptances and Letters of Credit, respectively, are the rates as determined hereunder multiplied by the actual number of days in a period of one year commencing on the first day of the period for which such interest or stamping such fee is payable and divided by 365.
Appears in 3 contracts
Samples: Credit Agreement (ENERPLUS Corp), Credit Agreement (ENERPLUS Corp), Credit Agreement (Penn West Energy Trust)
Interest Act (Canada). For the purposes of the Interest Act (Canada)) and all other applicable laws which may hereafter regulate the calculation or computation of interest in this Financing Commitment, the annual rates of interest and fees applicable to Canadian CIBC Prime Rate Loans, loans and U.S. Base Rate Loans loans and Bankersstamping fees on bankers' Acceptancesacceptances, respectively, are the rates as determined hereunder under this Financing Commitment multiplied by the actual number of days in a period of one year commencing on the first day of the period for which such interest or stamping fee is payable and divided by 365.
Appears in 2 contracts
Samples: Evergreen Resources Inc, Carbon Energy Corp
Interest Act (Canada). For the purposes of the Interest Act (Canada)) and any other applicable Laws which may hereafter regulate the calculation or computation of interest on borrowed funds, the annual rates of interest and fees applicable to Canadian Prime Rate Loans, Loans and U.S. Base Rate Loans and Bankers' AcceptancesLoans, respectively, are the rates as determined hereunder multiplied by the actual number of days in a period of one year commencing on the first day of the period for which such interest or stamping fee is payable and divided by 365.
Appears in 2 contracts
Samples: Credit Agreement (Protective Products of America, Inc.), Credit Agreement (Protective Products of America, Inc.)
Interest Act (Canada). For the purposes of the Interest Act (Canada)) and all other applicable Laws which may hereafter regulate the calculation or computation of interest on borrowed funds, the annual rates of interest and fees applicable under each Credit Facility to Canadian Prime Rate Loans, U.S. Base Rate Loans and Bankers' Acceptances, respectively, are the rates as determined hereunder multiplied by the actual number of days in a period of one year commencing on the first day of the period for which such interest or stamping fee is payable and divided by 365.
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Interest Act (Canada). For the purposes of the Interest Act (Canada)) and all other applicable laws which may hereafter regulate the calculation or computation of interest in this Financing Commitment, the annual rates of interest and fees applicable to Canadian CIBC Prime Rate Loans, loans and U.S. Base Rate Loans loans and Bankers' Acceptancesstamping fees on bankers’ acceptances, respectively, are the rates as determined hereunder under this Financing Commitment multiplied by the actual number of days in a period of one year commencing on the first day of the period for which such interest or stamping fee is payable and divided by 365.
Appears in 1 contract
Samples: Carbon Energy Corp
Interest Act (Canada). For the purposes of the Interest Act (Canada)) and any other applicable Laws which may hereafter regulate the calculation or computation of interest on borrowed funds, the annual rates of interest and fees applicable to Canadian Prime Rate Loans, U.S. Base Rate Loans, CDOR Rate Loans and Bankers' AcceptancesLetters of Credit, respectively, are the rates as determined hereunder multiplied by the actual number of days in a period of one year commencing on the first day of the period for which such interest or stamping fee is payable and divided by 365.
Appears in 1 contract
Interest Act (Canada). For the purposes of the Interest Act (Canada)) and any other applicable Laws which may hereafter regulate the calculation or computation of interest on borrowed funds, the annual rates of interest and fees applicable to Canadian Prime Rate Loans, U.S. Base Rate Loans and Bankers' ’ Acceptances, respectively, are the rates as determined hereunder multiplied by the actual number of days in a period of one year commencing on the first day of the period for which such interest or stamping fee is payable and divided by 365.
Appears in 1 contract
Samples: Credit Agreement (Protective Products of America, Inc.)
Interest Act (Canada). For the purposes of the Interest Act (Canada)) and all other applicable Laws which may hereafter regulate the calculation or computation of interest on borrowed funds, the annual rates of interest and fees applicable under the Credit Facility to Canadian Prime Rate Loans, U.S. Base Rate Loans Loans, Bankers’ Acceptances and Bankers' AcceptancesLetters of Credit, respectively, are the rates as determined hereunder multiplied by the actual number of days in a period of one year commencing on the first day of the period for which such interest or stamping such fee is payable and divided by 365.
Appears in 1 contract
Interest Act (Canada). For the purposes of the Interest Act (Canada)) and all other applicable laws which may hereafter regulate the calculation or computation of interest in the Credit Facility, the annual rates of interest and fees applicable to Canadian the Prime Rate Loans, U.S. Base Rate Loans and Bankers' Acceptances, respectively, are the rates as determined hereunder under the Credit Facility multiplied by the actual number of days in a period of one year commencing on the first day of the period for which such interest or stamping fee is payable and divided by 365.
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Interest Act (Canada). For the purposes of the Interest Act (Canada)) and any other applicable Laws which may hereafter regulate the calculation or computation of interest on borrowed funds, the annual rates of interest and fees applicable to Canadian Prime Rate Loans, U.S. Base Rate Loans Loans, Bankers’ Acceptances and Bankers' AcceptancesLetters of Credit, respectively, are the rates as determined hereunder multiplied by the actual number of days in a period of one year commencing on the first day of the period for which such interest or stamping fee is payable and divided by 365365 or 366, as applicable.
Appears in 1 contract
Samples: Credit Agreement
Interest Act (Canada). For the purposes of the Interest Act (Canada)) and all other applicable laws which may hereafter regulate the calculation or computation of interest in this Financing Commitment, the annual rates of interest and fees applicable to Canadian CIBC Prime Rate Loans, loans and U.S. Base Rate Loans and Bankers' Acceptancesloans, respectively, are the rates as determined hereunder under this Financing Commitment multiplied by the actual number of days in a period of one year commencing on the first day of the period for which such interest or stamping fee is payable and divided by 365.
Appears in 1 contract
Samples: Carbon Energy Corp
Interest Act (Canada). For the purposes of the Interest Act (Canada)) and any other applicable Laws which may hereafter regulate the calculation or computation of interest on borrowed funds, the annual rates of interest and fees applicable to Canadian Prime Rate Loans, U.S. Base Rate Loans Loans, Bankers’ Acceptances and Bankers' AcceptancesLetters of Credit, respectively, are the rates as determined hereunder multiplied by the actual number of days in a period of one year commencing on the first day of the period for which such interest or stamping fee is payable and divided by 365365 or 366 day year, as applicable.
Appears in 1 contract
Interest Act (Canada). For the purposes of the Interest Act (Canada)) and all other applicable Laws which may hereafter regulate the calculation or computation of interest on borrowed funds, the annual rates of interest and fees applicable under the Credit Facility to Canadian Prime Rate Loans, U.S. Base Rate Loans and Bankers' Acceptances, respectively, are the rates as determined hereunder multiplied by the actual number of days in a period of one year commencing on the first day of the period for which such interest or stamping such fee is payable and divided by 365.
Appears in 1 contract
Interest Act (Canada). For the purposes of the Interest Act (Canada)) and all other applicable Laws which may hereafter regulate the calculation or computation of interest on borrowed funds, the annual rates of interest and fees applicable under the Credit Facility to Canadian Prime Rate Loans, U.S. Base Rate Loans and Bankers' Acceptances, respectively, are the rates as determined hereunder multiplied by the actual number of days in a period of one year commencing on the first day of the period for which such interest or stamping fee is payable and divided by 365.
Appears in 1 contract