Interest Act. 5.8.1 For the purposes of the Interest Act (Canada), any amount of interest or fees calculated herein using 360, 365 or 366 days per year and expressed as an annual rate is equal to the said rate of interest or fees multiplied by the actual number of days comprised within the calendar year, divided by 360, 365 or 366, as the case may be.
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Samples: Credit Agreement (Videotron Ltee), Credit Agreement (Quebecor Media Inc), Credit Agreement (Videotron Ltee)
Interest Act. 5.8.1 5.12.1 For the purposes of the Interest Act (Canada), any amount of interest or fees calculated herein using 360, 365 or 366 days per year and expressed as an annual rate is equal to the said rate of interest or fees multiplied by the actual number of days comprised within the calendar year, divided by 360, 365 or 366, as the case may be.
Appears in 2 contracts
Samples: Credit Agreement (Videotron Ltee), Credit Agreement (Videotron Ltee)
Interest Act. 5.8.1 5.13.1 For the purposes of the Interest Act (Canada), any amount of interest or fees calculated herein using 360, 365 or 366 days per year and expressed as an annual rate is equal to the said rate of interest or fees multiplied by the actual number of days comprised within the calendar year, divided by 360, 365 or 366, as the case may be.
Appears in 1 contract
Samples: Credit Agreement (Cgi Group Inc)
Interest Act. 5.8.1 5.11.1 For the purposes of the Interest Act (of Canada), any amount of interest or fees calculated herein using 360, 365 or 366 days per year and expressed as an annual rate is equal to the said rate of interest or fees multiplied by the actual number of days comprised within the calendar year, divided by 360, 365 or 366, as the case may be.
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Interest Act. 5.8.1 5.12.1 For the purposes of the Interest Act INTEREST ACT (Canada), any amount of interest or fees calculated herein using 360, 365 or 366 days per year and expressed as an annual rate is equal to the said rate of interest or fees multiplied by the actual number of days comprised within the calendar year, divided by 360, 365 or 366, as the case may be.
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Interest Act. 5.8.1 5.15.1 For the purposes of the Interest Act of Canada (Canadato the extent applicable), any amount of interest or fees calculated herein using 360, 365 or 366 days per year and expressed as an annual rate is equal to the said rate of interest or fees multiplied by the actual number of days comprised within the calendar year, divided by 360, 365 or 366, as the case may be.
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Interest Act. 5.8.1 For Where any rate of interest, or fee expressed as a rate of interest, herein is calculated on the basis of a year of 360 days, in this Agreement such rate expressed as an annual rate of interest for purposes of the Interest Act (Canada), any amount of interest or fees calculated herein using 360shall be such rate multiplied by 365, 365 or 366 days per year where the period for which interest is being calculated includes February 29, and expressed as an annual rate is equal to the said rate of interest or fees multiplied by the actual number of days comprised within the calendar year, divided by 360, 365 or 366, as the case may be.
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