Common use of Interest Computations Clause in Contracts

Interest Computations. All computations of interest on Construction Loans and Tax Equity Bridge Loans hereunder shall include the first day but exclude the last day of the applicable Interest Period and shall be based upon a year of (x) in the case of Base Rate Loans for which Base Rate is determined pursuant to clause (a) of the definition thereof, 365 days (or 366 days in a leap year), and (y) in the case of any other Base Rate Loans or SOFR Loans, 360 days, in each case for the actual days elapsed.

Interest Computations. All computations of interest on Construction Loans and Tax Equity Bridge Loans hereunder shall include the first day but exclude the last day of the applicable Interest Period period for which such interest is payable and shall be based upon a year of (x) in the case of Base Rate Loans for which Base Rate is determined pursuant to clause (a) of the definition thereofLoans, 365 days (or 366 days in a leap year), and (y) in the case of any other Base Rate Loans or SOFR LIBO Loans, 360 days, in each case for the actual days elapsed.

Interest Computations. All computations of interest on Construction Loans and Tax Equity Bridge the Term Loans hereunder shall include the first day but exclude the last day of the applicable Interest Period and shall be based upon a year of (x) in the case of Base Rate Loans for which Base Rate is determined pursuant to clause (a) of the definition thereofLoans, 365 days (or 366 days in a leap year), and (y) in the case of any other Base Rate Loans or SOFR Loans, 360 days, in each case for the actual days elapsed.

Interest Computations. All computations of interest on Construction Loans and Tax Equity Bridge the Term Loans hereunder shall include the first day but exclude the last day of the applicable Interest Period and shall be based upon a year of (x) in the case of Base Rate Loans Loans, for which Base Rate is determined pursuant to clause (a) of the definition thereof, 365 days (or 366 days in a leap year), and (y) in the case of any other Base Rate Loans or SOFR Loans, 360 days, in each case for the actual days elapsed.

Interest Computations. All computations of interest on Construction Loans and Tax Equity Bridge Loans hereunder shall include the first day but exclude the last day of the applicable Interest Period and shall be based upon a year of (x) in the case of Base Rate Loans for which Base Rate is determined pursuant to clause (a) of the definition thereofLoans, 365 days (or 366 days in a leap year), and (y) in the case of any other Base Rate Loans or SOFR Loans, 360 days, in each case for the actual days elapsed.

Interest Computations. All computations of interest on Construction Loans and Tax Equity Bridge Loans hereunder shall include the first day but exclude the last day of the applicable Interest Period period for which such interest is payable, and shall be based upon a year of (x) in the case of Base Rate Loans for which Base Rate is determined pursuant to clause (a) of the definition thereof, 365 days (or 366 days in a leap year), and (y) in the case of any other Base Rate Loans or SOFR Loans, 360 days, in each case for the actual days elapsed.