Common use of Interest and Fee Basis Clause in Contracts

Interest and Fee Basis. Applicable Margin, Applicable Facility Fee ------------------------------------------------------------------------ Percentage and Applicable L/C Fee Percentage. -------------------------------------------- (i) Interest accrued on Eurodollar Rate Advances, fees payable with respect to Letters of Credit, Facility Fees, and Floating Rate Advances and Swing Line Loans where the basis for calculation is the Federal Funds Effective Rate shall be calculated for actual days elapsed on the basis of a year of 360 days, and interest accrued on Floating Rate Advances and Swing Line Loans where the basis for calculation is the Prime Rate shall be calculated for actual days elapsed on the basis of a year of 365, or when appropriate 366, days. Interest shall be payable for the day an Obligation is incurred but not for the day of any payment on the amount paid if payment is received prior to 2:00 p.m. (Chicago time) at the place of payment. If any payment of principal of or interest on a Loan or any payment of any other Obligations shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and, in the case of a principal payment, such extension of time shall be included in computing interest, fees and commissions in connection with such payment. (ii) The Applicable Margin, Applicable Facility Fee Percentage and Applicable L/C Fee Percentage shall be determined from time to time by reference to the table set forth below, on the basis of the then applicable Leverage Ratio as described in this Section 2.14(D)(ii): -------------------- APPLICABLE FEES ---------------- LEVERAGE RATIO APPLICABLE APPLICABLE L/C FEE FACILITY FEE APPLICABLE MARGIN PERCENTAGE PERCENTAGE ------------------ ----------- ----------- LEVEL I <1.0 to 1.0 0.375% 0.375% 0.125% -------------- ------------------ ----------- ----------- LEVEL II 1.0 to 1.0 and <1.5 to 1.0 0.50% 0.50% 0.125% ------------------ ----------- ----------- LEVEL III 1.5 to 1.0 and <2.0 to 1.0 0.60% 0.60% 0.15% ------------------ ----------- ----------- LEVEL IV 2.0 to 1.0 and <2.5 to 1.0 0.825% 0.825% 0.175% ------------------ ----------- ----------- LEVEL V 2.5 to 1.0 1.05% 1.05% 0.20% -------------- ------------------ ----------- -----------

Interest and Fee Basis. Applicable Margin, Margin and Applicable Facility Fee ------------------------------------------------------------------------ Percentage and Applicable L/C Fee Percentage. -------------------------------------------- -------- (i) Interest accrued on Eurodollar Rate Advances, fees payable with respect to Letters of Credit, Facility Fees, Fees and Floating Rate Advances and Swing Line Loans where the basis for calculation is the Federal Funds Effective Rate shall be calculated for actual days elapsed on the basis of a year of 360 days, and interest accrued on Floating Rate Advances and Swing Line Loans where the basis for calculation is the Prime Rate shall be calculated for actual days elapsed on the basis of a year of 365, or when appropriate 366, days. Interest shall be payable for the day an Obligation is incurred but not for the day of any payment on the amount paid if payment is received prior to 2:00 p.m. (Chicago time) at the place of payment. If any payment of principal of or interest on a Loan or any payment of any other Obligations shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and, in the case of a principal payment, such extension of time shall be included in computing interest, fees and commissions in connection with such payment. (ii) The Applicable Margin, Margin and Applicable Facility Fee Percentage and Applicable L/C Fee Percentage shall be determined from time to time by reference to the table set forth below, on the basis of the then applicable Leverage Ratio as described in this Section ------- 2.14(D)(ii): -------------------- ---- APPLICABLE FEES ---------------- FACILITY FEE LEVERAGE RATIO APPLICABLE APPLICABLE L/C FEE FACILITY FEE APPLICABLE MARGIN PERCENTAGE PERCENTAGE ------------------ ----------- ----------- LEVEL -------------- ----------------- ---------- Level I <1.0 to 1.0 0.3750.40% 0.3750.10% 0.125% -------------- ------------------ ----------- ----------- LEVEL ------------- ----- ----- Level II 1.0 to 1.0 and <1.5 to 1.0 0.500.525% 0.500.10% 0.125% ------------------ ----------- ----------- LEVEL ------------- ------ ----- Level III 1.5 to 1.0 and <2.0 to 1.0 0.600.625% 0.600.125% 0.15% ------------------ ----------- ----------- LEVEL ------ ------ Level IV 2.0 to 1.0 and <2.5 to 1.0 0.8250.850% 0.8250.150% 0.175% ------------------ ----------- ----------- LEVEL ------ ------ Level V 2.5 to 1.0 1.051.075% 1.050.175% 0.20% -------------- ------------------ ----------- ----------------------- ------ ------

Interest and Fee Basis. Applicable Margin, Applicable Facility Fee ------------------------------------------------------------------------ Percentage and Applicable L/C Fee Percentage. -------------------------------------------- ------------------------------------------------- (i) Interest accrued on Eurodollar Rate Advances, fees payable with respect to Letters of Credit, Facility Fees, and Floating Rate Advances and Swing Line Loans where the basis for calculation is the Federal Funds Effective Rate shall be calculated for actual days elapsed on the basis of a year of 360 days, and interest accrued on Floating Rate Advances and Swing Line Loans where the basis for calculation is the Prime Rate shall be calculated for actual days elapsed on the basis of a year of 365, or when appropriate 366, days. Interest shall be payable for the day an Obligation is incurred but not for the day of any payment on the amount paid if payment is received prior to 2:00 p.m. (Chicago time) at the place of payment. If any payment of principal of or interest on a Loan or any payment of any other Obligations shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and, in the case of a principal payment, such extension of time shall be included in computing interest, fees and commissions in connection with such payment. (ii) The Applicable Margin, Applicable Facility Fee Percentage and Applicable L/C Fee Percentage shall be determined from time to time by reference to the table set forth below, on the basis of the then applicable Leverage Ratio as described in this Section 2.14(D)(ii): -------------------- APPLICABLE FEES Applicable Fees ---------------- LEVERAGE RATIO APPLICABLE APPLICABLE Applicable Applicable L/C FEE FACILITY FEE APPLICABLE MARGIN PERCENTAGE PERCENTAGE ------------------ ----------- ----------- LEVEL Fee Facility Fee Leverage Ratio Applicable Margin Percentage Percentage ------------- ----------------- ---------- ---------- Level I <1.0 to 1.0 0.375% 0.375% 0.125% -------------- ------------------ ----------- ----------- LEVEL ------------- ------ ------ ------ Level II 1.0 to 1.0 and <1.5 to 1.0 0.50% 0.50% 0.125% ------------------ ----------- ----------- LEVEL ----- ------ ------ Level III 1.5 to 1.0 and <2.0 to 1.0 0.60% 0.60% 0.15% ------------------ ----------- ----------- LEVEL ----- ----- ----- Level IV 2.0 to 1.0 and <2.5 to 1.0 0.825% 0.825% 0.175% ------------------ ----------- ----------- LEVEL ------ ------ ------ Level V 2.5 to 1.0 1.05% 1.05% 0.20% -------------- ------------------ ----------- ------------------ ----- -----

Interest and Fee Basis. Applicable Margin, Margin and Applicable Facility Fee ------------------------------------------------------------------------ Percentage and Applicable L/C Fee Percentage. -------------------------------------------- ---------- (i) Interest accrued on Eurodollar Rate Advances, fees payable with respect to Letters of Credit, Facility Fees, Fees and Floating Rate Advances and Swing Line Loans where the basis for calculation is the Federal Funds Effective Rate shall be calculated for actual days elapsed on the basis of a year of 360 days, and interest accrued on Floating Rate Advances and Swing Line Loans where the basis for calculation is the Prime Rate shall be calculated for actual days elapsed on the basis of a year of 365, or when appropriate 366, days. Interest shall be payable for the day an Obligation is incurred but not for the day of any payment on the amount paid if payment is received prior to 2:00 p.m. (Chicago time) at the place of payment. If any payment of principal of or interest on a Loan or any payment of any other Obligations shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and, in the case of a principal payment, such extension of time shall be included in computing interest, fees and commissions in connection with such payment. (ii) The Applicable Margin, Margin and Applicable Facility Fee Percentage and Applicable L/C Fee Percentage shall be determined from time to time by reference to the table set forth below, on the basis of the then applicable Leverage Ratio as described in this Section ------- 2.14(D)(ii): -------------------- APPLICABLE FEES ---------------- LEVERAGE RATIO APPLICABLE APPLICABLE L/C FEE FACILITY FEE APPLICABLE MARGIN PERCENTAGE PERCENTAGE ------------------ ----------- ----------- LEVEL ---------- Applicable Facility Fee Leverage Ratio Applicable Margin Percentage -------------- ----------------- ---------- Level I <1.0 to 1.0 0.3750.40% 0.3750.10% 0.125% -------------- ------------------ ----------- ----------- LEVEL Level II 1.0 to 1.0 and <1.5 to 1.0 0.500.525% 0.500.10% 0.125% ------------------ ----------- ----------- LEVEL Level III 1.5 to 1.0 and <2.0 to 1.0 0.600.625% 0.600.125% 0.15% ------------------ ----------- ----------- LEVEL Level IV 2.0 to 1.0 and <2.5 to 1.0 0.8250.850% 0.8250.150% 0.175% ------------------ ----------- ----------- LEVEL Level V 2.5 to 1.0 1.051.075% 1.05% 0.20% -------------- ------------------ ----------- -----------0.175%