Common use of Computation of Interest and Fees Clause in Contracts

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.

Appears in 69 contracts

Samples: Revolving Credit Agreement (Deltic Timber Corp), Revolving Credit and Term Loan Agreement (Aaron's Inc), Term Loan Agreement (Community Bankers Trust Corp)

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Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent Lender of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.

Appears in 11 contracts

Samples: Loan Agreement (Smartfinancial Inc.), Loan Agreement (Smartfinancial Inc.), Loan Agreement (Southern First Bancshares Inc)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 three hundred sixty (360) days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed)payable. Each calculation and each determination by the Administrative Agent of an interest amount or fee rate hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes, absent manifest error.

Appears in 6 contracts

Samples: And Reimbursement Agreement (Eme Homer City Generation Lp), Credit and Reimbursement Agreement (Eme Homer City Generation Lp), And Reimbursement Agreement (Eme Homer City Generation Lp)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive con­clusive and binding for all purposes.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Privatebancorp, Inc), Subordinated Term Loan Agreement (Privatebancorp, Inc), Subordinated Term Loan Agreement (United Community Banks Inc)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed)) except that Letter of Credit Fees shall be calculated in accordance with the Letter of Credit Documents. Each determination by the Administrative Agent Lender of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.

Appears in 5 contracts

Samples: Credit Agreement (Patriot Transportation Holding, Inc.), Credit Agreement (FRP Holdings, Inc.), Credit Agreement (Patriot Transportation Holding, Inc.)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made computed on the basis of a year of 360 days and paid 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 (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent of an interest amount rate or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.

Appears in 5 contracts

Samples: Credit Agreement (Molina Healthcare, Inc.), Credit Agreement (Molina Healthcare Inc), Bridge Credit Agreement (Molina Healthcare Inc)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed)payable. Each calculation and each determination by the Administrative Agent of an interest amount or fee rate hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes, absent manifest error.

Appears in 5 contracts

Samples: Working Capital Agreement (Aes Red Oak LLC), Credit and Reimbursement Agreement (Aes Ironwood LLC), Credit and Reimbursement Agreement (Aes Ironwood LLC)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed)payable. Each determination by the Administrative Agent of an interest amount or fee rate hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes, absent manifest error.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Frontier Oil Corp /New/), Revolving Credit Agreement (Frontier Oil Corp /New/), Revolving Credit Agreement (Frontier Oil Corp /New/)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding presumed correct for all purposes.

Appears in 4 contracts

Samples: Revolving Credit Loan Agreement (American Healthways Inc), Revolving Credit Agreement (American Healthways Inc), Revolving Credit Agreement (American Healthways Inc)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed)payable. Each determination by the Administrative Agent of an interest amount or fee rate hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes, absent manifest error.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Frontier Oil Corp /New/), Revolving Credit Agreement (THQ Inc), Revolving Credit Agreement (THQ Inc)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent of an interest amount rate or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive final and binding presumptively correct for all purposes.

Appears in 3 contracts

Samples: Revolving Credit Agreement (PRGX Global, Inc.), Revolving Credit and Term Loan Agreement (PRGX Global, Inc.), Revolving Credit and Term Loan Agreement (PRGX Global, Inc.)

Computation of Interest and Fees. All computations of interest and all fees hereunder shall be made computed on the basis of a year of 360 days and paid 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 (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent of an interest amount rate or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.

Appears in 2 contracts

Samples: Credit Agreement (Samson Oil & Gas LTD), Term Loan Agreement (Ram Energy Resources Inc)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent of an interest amount rate or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Easylink Services International Corp), Revolving Credit and Term Loan Agreement (Easylink Services International Corp)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on a Simple Interest basis and on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent Lender of an interest amount or fee hereunder shall be made in good faith and, except for absent manifest error, shall be final, conclusive and binding for all purposes. All interest and fees payable hereunder shall be considered earned when due.

Appears in 2 contracts

Samples: Credit Agreement (Golden Grain Energy), Credit Agreement (East Kansas Agri Energy LLC)

Computation of Interest and Fees. All computations of -------------------------------- interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent Lender of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Mapics Inc), Loan Agreement (Pam Transportation Services Inc)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.

Appears in 2 contracts

Samples: Construction Loan Agreement, Term Loan Agreement

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent Lender of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Danimer Scientific, Inc.), Term Loan Agreement (Hines Global Reit Ii, Inc.)

Computation of Interest and Fees. All computations of interest and other fees hereunder shall be made on the basis of a 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) for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed)payable. Each determination by the Administrative Agent of an interest amount rate or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes, absent manifest error.

Appears in 2 contracts

Samples: Credit Agreement (Sisecam Chemicals USA Inc.), Credit Agreement (Ciner Enterprises Inc.)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made computed on the basis of a year of 360 days and paid 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 (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.

Appears in 1 contract

Samples: Credit Agreement (OHA Investment Corp)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on a Simple Interest basis and on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent Lender of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.

Appears in 1 contract

Samples: Credit Agreement (Great Plains Ethanol LLC)

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Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days (365 days, in the case of Base Rate Loans) for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.

Appears in 1 contract

Samples: Senior Term Loan Agreement (Hughes Supply Inc)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.

Appears in 1 contract

Samples: Term Loan Agreement (Us Xpress Enterprises Inc)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed)) except that Letter of Credit Fees shall be calculated in accordance with the Letter of Credit Documents. Each determination by the Administrative Agent of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.

Appears in 1 contract

Samples: Revolving Credit Agreement (Patriot Transportation Holding Inc)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive con­clusive and binding for all purposes. Section 2.11.

Appears in 1 contract

Samples: Term Loan Agreement

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made computed on the basis of a year of 360 days and paid 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 (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent of an interest amount rate or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes. Section 2.16.

Appears in 1 contract

Samples: Credit Agreement (Molina Healthcare, Inc.)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the Table of Contents basis of days elapsed). Each determination by the Administrative Agent of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.

Appears in 1 contract

Samples: Revolving Credit Agreement (Ndchealth Corp)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on a Simple Interest basis and on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent Lender of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes. All interest and fees shall be considered earned when due.

Appears in 1 contract

Samples: Credit Agreement (Western Plains Energy LLC)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent Bank of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.

Appears in 1 contract

Samples: Letter of Credit Agreement (Arkansas Best Corp /De/)

Computation of Interest and Fees. All -------------------------------- computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.

Appears in 1 contract

Samples: Revolving Credit Agreement (Watsco Inc)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed)payable. Each determination by the Administrative Agent of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.

Appears in 1 contract

Samples: Term Loan Agreement (Glatfelter P H Co)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.. Section 2.16

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Ruby Tuesday Inc)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive con-clusive and binding for all purposes.

Appears in 1 contract

Samples: Revolving Credit Agreement (Landamerica Financial Group Inc)

Computation of Interest and Fees. All computations of interest and fees hereunder shall be made on the basis of a year of 360 days days, in each case for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable (to the extent computed on the basis of days elapsed). Each determination by the Administrative Agent of an interest amount or fee hereunder shall be made in good faith and, except for manifest error, shall be final, conclusive and binding for all purposes.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (CBRL Group Inc)

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