Common use of Calculations and Evidence of Debt Clause in Contracts

Calculations and Evidence of Debt. 37.1 Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 360 days or in the case of sterling 365 days (or, if market practice differs, in accordance with market practice) and the actual number of days elapsed.

Appears in 2 contracts

Samples: Agreement (Gulfmark Offshore Inc), Agreement (Gulfmark International Inc)

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Calculations and Evidence of Debt. 37.1 33.1 Basis of Accrual Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 360 days or in the case of sterling 365 days (or, if in any case where market practice differs, in accordance with market practice) and the actual number of days elapsed.

Appears in 1 contract

Samples: Gulfmark Offshore Inc

Calculations and Evidence of Debt. 37.1 33.1 Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 360 days or in the case of sterling 365 days (or, if in any case where market practice differs, in accordance with market practice) and the actual number of days elapsedelapsed in respect of interest or 365 days and the actual number of days elapsed in respect of commitment commission.

Appears in 1 contract

Samples: Mbna Corp

Calculations and Evidence of Debt. 37.1 29.1 Basis of Accrual Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 360 days or in the case of sterling 365 days (or, if in any case where market practice differs, in accordance with market practice) and the actual number of days elapsed.

Appears in 1 contract

Samples: Imc Global Inc

Calculations and Evidence of Debt. 37.1 Interest Any interest and commitment commission shall accrue from day to day and shall shall, in the case of any Advance denominated in sterling, be calculated on the basis of a year of 360 365 days or 366 days in a leap year or, in the case of sterling 365 any Advance denominated in euro or in an Optional Currency (other than, in the case of Facility B, sterling), 360 days (or, if in any case where market practice differs, in accordance with market practice) and the actual number of days elapsed.

Appears in 1 contract

Samples: Facility Agreement (CRH Public LTD Co)

Calculations and Evidence of Debt. 37.1 38.1 BASIS OF ACCRUAL Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 360 days or in the case of sterling 365 days (or, if in any case where market practice differs, in accordance with market practice) and the actual number of days elapsed.

Appears in 1 contract

Samples: Agreement (NTL Inc/De/)

Calculations and Evidence of Debt. 37.1 BASIS OF ACCRUAL Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 360 days or in the case of sterling 365 days (or, if market practice differs, in accordance with market practice) and the actual number of days elapsed.

Appears in 1 contract

Samples: Facility Agreement (Primacom Ag)

Calculations and Evidence of Debt. 37.1 33.1 Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 360 days or in the case of sterling 365 days (or, if market practice differs, in accordance with market practice) and the actual number of days elapsed.

Appears in 1 contract

Samples: Agreement (Gulfmark Offshore Inc)

Calculations and Evidence of Debt. 37.1 38.1 Basis of Accrual Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 360 days or in the case of sterling 365 days (or, if in any case where market practice differs, in accordance with market practice) and the actual number of days elapsed.

Appears in 1 contract

Samples: Comple Tel Europe Nv

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Calculations and Evidence of Debt. 37.1 35.1 Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 360 days or in the case of sterling 365 days (or, if market practice differs, in accordance with market practice) and the actual number of days elapsed.

Appears in 1 contract

Samples: Facility Agreement (Gulfmark Offshore Inc)

Calculations and Evidence of Debt. 37.1 Interest 26.1 Interest, commitment fee and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 360 days or in the case of sterling 365 days (or, if in any case where market practice differs, in accordance with market practice) and the actual number of days elapsed.

Appears in 1 contract

Samples: First Supplemental Agreement (Gt Bicycles Inc)

Calculations and Evidence of Debt. 37.1 39.1 Basis of Accrual Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 360 days or in the case of sterling 365 days (or, if in any case where market practice differs, in accordance with market practice) and the actual number of days elapsed.

Appears in 1 contract

Samples: Credit Agreement (NTL Europe Inc)

Calculations and Evidence of Debt. 37.1 35.1 BASIS OF ACCRUAL Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 360 days or in the case of sterling 365 days (or, if market practice differs, in accordance with market practice) and the actual number of days elapsed.

Appears in 1 contract

Samples: Credit Agreement (Transworld Healthcare Inc)

Calculations and Evidence of Debt. 37.1 38.1 Basis of Accrual Interest and commitment commission shall accrue from day to day and shall be calculated on the basis of a year of 360 days or in the case of sterling 365 days (or, if in any case where market practice differs, in accordance with market practice) and the actual number of days elapsed.

Appears in 1 contract

Samples: NTL Inc

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