Common use of Interest Rate Calculations Clause in Contracts

Interest Rate Calculations. All computations of interest and other fees hereunder shall be made on the basis of a 360-day year (except for interest calculated by reference to the Prime Rate, which shall be based on a year of 365 or 366 days, as applicable) and for the actual number of days elapsed (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable.

Appears in 4 contracts

Samples: Credit Agreement (Hemisphere Media Group, Inc.), Credit Agreement (Hemisphere Media Group, Inc.), Credit Agreement (Hemisphere Media Group, Inc.)

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Interest Rate Calculations. All computations of interest interest, Unused Commitment Fee and other fees Fees hereunder shall be made on the basis of a 360-day year of 360 days (except for interest calculated by reference to the Prime Lending Rate, which shall be based on a year of 365 or 366 days, as applicable) and for the actual number of days elapsed (including the first day but excluding the last day) occurring in the period for which such interest interest, Unused Commitment Fee or fees Fees are payable.

Appears in 2 contracts

Samples: Credit Agreement (PPL Energy Supply LLC), Credit Agreement (Talen Energy Holdings, Inc.)

Interest Rate Calculations. All computations of interest and other fees hereunder shall be made on the basis of a 360-day year of 360 days (except for interest calculated by reference to the Prime Lending Rate, which shall be based on a year of 365 or 366 days, as applicable) and for the actual number of days elapsed (including the first day but excluding the last day) occurring in during the period for which such interest or fees are is payable.

Appears in 1 contract

Samples: Intercreditor Agreement (Capella Healthcare, Inc.)

Interest Rate Calculations. All computations of interest and other fees hereunder shall be made on the basis of a 360-day year (except for interest calculated by reference to the Prime Rate, the Canadian Prime Rate or the CDOR Rate, which shall be based on a year of 365 or 366 days, as applicable) and for the actual number of days elapsed (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable.

Appears in 1 contract

Samples: Credit Agreement (Spectrum Brands, Inc.)

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Interest Rate Calculations. All computations of interest and other fees hereunder shall be made on the basis of a 360-day year of 360 days (except for interest calculated by reference to the Prime Lending Rate, which shall be based on a year of 365 or 366 days, as applicable) and for the actual number of days elapsed (including the first day but excluding the last day) occurring in the period for which such interest or fees are is payable.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Dynegy Inc.)

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