Common use of Calculation and Payment Clause in Contracts

Calculation and Payment. Interest on LIBOR Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) day year for the actual number of days elapsed. Interest on the Base Rate Loans shall be calculated on the basis of a three hundred sixty-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion to a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of any Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on the Base Rate Loan is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; (ii) the prepayment of such Loan (or portion thereof); and (iii) the applicable Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period; (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; (iii) the prepayment of such Loan (or portion thereof); and (iv) the applicable Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise.

Calculation and Payment. Interest on LIBOR Base Rate Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) 365-6-day year for the actual number of days elapsed. Interest on the Base Rate Loans LIBOR Loans, including amounts due under Subsection 1.4, shall be calculated on the basis of a three hundred sixty360-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion of a LIBOR Loan to a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment (as determined in Subsection 1.5) of any Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on the Base Rate Loan Loans is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; (ii) the prepayment (including the payment of any Swingline Loan pursuant to Subsection 1.1(F)(iv)) of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iii) the applicable Maturity Date or the Revolving Loan Revolver Expiration Date, as the case may be, whether by acceleration or otherwise, with respect to the principal to be repaid. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i1) the last day of each applicable Interest Period; (ii2) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; (iii3) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iv4) the applicable Maturity Date or the Revolving Loan Revolver Expiration Date, as the case may be, whether by acceleration or otherwise, with respect to the principal to be repaid.

Calculation and Payment. Interest on LIBOR Loans and all other Obligations and the amount of any fees set forth in including amounts due under Subsection 1.4 1.4, shall be calculated on the basis of a three hundred sixty (360) day year for the actual number of days elapsed. Interest on the Base Rate Loans shall be calculated on the basis of a three hundred sixty-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion to a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment (as determined in Subsection 1.5) of any Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on the Base Rate Loan Loans and Quoted Rate Loans is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; (ii) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iii) the applicable Term Loan Maturity Date or the Revolving Loan Revolver Expiration Date, as the case may be, whether by acceleration or otherwise. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable LIBOR Interest Period; (ii) if the LIBOR Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such LIBOR Interest Period; (iii) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iv) the applicable Term Loan Maturity Date or the Revolving Loan Revolver Expiration Date, as the case may be, whether by acceleration or otherwise.

Calculation and Payment. Interest on LIBOR Base Rate Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) 365-6-day year for the actual number of days elapsed. Interest on the Base Rate Loans LIBOR Loans, including amounts due under Subsection 1.4, shall be calculated on the basis of a three hundred sixty360-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion of a LIBOR Loan to a Base Rate Loan and the first day of an a LIBOR Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment (as determined in Subsection 1.5) of any Loan and the last day of an a LIBOR Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on the Base Rate Loan Loans is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; (ii) the prepayment (including the payment of any Swingline Loan pursuant to Subsection 1.1(G)(iv)) of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iii) the applicable Term Loan Maturity Date or the Revolving Loan Revolver Expiration Date, as the case may be, whether by acceleration or otherwise, with respect to the principal to be repaid. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i1) the last day of each applicable LIBOR Interest Period; (ii2) if the LIBOR Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such LIBOR Interest Period; (iii3) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iv4) the applicable Term Loan Maturity Date or the Revolving Loan Revolver Expiration Date, as the case may be, whether by acceleration or otherwise, with respect to the principal to be repaid.

Calculation and Payment. Interest on LIBOR Base Rate Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) 365-6-day year for the actual number of days elapsed. Interest on the Base Rate all other Loans and Obligations, including amounts due under Subsection 1.4, shall be calculated on the basis of a three hundred sixty360-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion of a LIBOR Loan or the Fixed Term Loan while subject to the Fixed Interest Rate to a Base Rate Loan and the first day of an a LIBOR Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment (as determined in Subsection 1.5) of any Loan and the last day of an a LIBOR Interest Period with respect to a LIBOR or the Fixed Term Loan Termination Date shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s 's interest shall be charged. The Fixed Interest Rate accruing on the Fixed Term Loan is payable monthly in arrears on each of the following dates or events: (i) the 20th day of the following calendar month; (ii) the Fixed Term Loan Termination Date; and (iii) the Fixed Term Loan Maturity Date, whether by acceleration or otherwise, with respect to the principal to be repaid. Interest accruing on the Base Rate Loan Loans is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; (ii) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iii) the applicable Term Loan Maturity Date or the Revolving Loan Revolver Expiration Date, as the case may be, whether by acceleration or otherwise, with respect to the principal to be repaid. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i1) the last day of each applicable LIBOR Interest Period; (ii2) if the LIBOR Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such LIBOR Interest Period; (iii3) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iv4) the applicable Term Loan Maturity Date or the Revolving Loan Revolver Expiration Date, as the case may be, whether by acceleration or otherwise, with respect to the principal to be repaid.

Calculation and Payment. Interest on LIBOR all Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) -day year for the actual number (of days elapsed. Interest on the Base Rate Loans shall be calculated on the basis of a three hundred sixtytwelve 30-five or -six (365-6day months) day year for the actual number of days elapsed. The date of funding or conversion to a the Base Rate Loan and or a Swingline Loan, the first day of an Interest Period with respect to a LIBOR Loan and the first day of a Quoted Rate Period with respect to a Quoted Rate Loan shall be included in the calculation of interest. The date of payment of any Loan and Loan, the last day of an Interest Period with respect to a LIBOR Loan and the last day of a Quoted Rate Period with respect to a Quoted Rate Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s 's interest shall be charged. Interest accruing on the Base Rate Loan, and Swingline Loan and each Quoted Rate Loan is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; , (ii) the prepayment of such Loan (or portion thereof); ) and (iii) the applicable Term Loan Maturity Date or the Revolving Loan Expiration Date, as the case may beapplicable, whether by acceleration or otherwise. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period; , (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; , (iii) the prepayment of such Loan (or portion thereof); ) and (iv) the applicable Term Loan Maturity Date or the Revolving Loan Expiration Date, as the case may beapplicable, whether by acceleration or otherwise.

Calculation and Payment. Interest on all LIBOR Loans, the Assumed CEI Term Loans and all other Obligations and Obligations, including, without limitation, the amount of any fees set forth in Subsection 1.4 1.4, shall be calculated daily on the basis of a three hundred sixty (360) day year for the actual number of days elapsed. Interest ; provided, that interest on the Base Rate Loans shall be calculated daily on the basis of a three hundred sixty-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion to a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of any Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on the Base Rate Loan Loans and the Assumed CEI Term Loans is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; , (ii) the prepayment of such Loan (or portion thereof); , to the extent accrued on the principal prepaid, and (iii) the applicable Term Loan A Maturity Date or Date, the Term Loan B Maturity Date, the Revolving Loan Expiration Date or the Assumed CEI Term Loans Maturity Date, as the case may beapplicable, whether by acceleration or otherwise. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period; , (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; , (iii) the prepayment of such Loan (or portion thereof); , to the extent accrued on the principal prepaid, and (iv) the applicable Term Loan A Maturity Date, the Term Loan B Maturity Date or the Revolving Loan Expiration Date, as the case may beapplicable, whether by acceleration or otherwise. Interest accruing on the Incremental Term Loans shall be payable as provided in the supplement to this Agreement establishing the Incremental Term Loan Facility.

Calculation and Payment. Interest on LIBOR Base Rate Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) 365-6-day year for the actual number of days elapsed. Interest on the Base Rate Loans LIBOR Loans, including amounts due under Subsection 1.4, shall be calculated on the basis of a three hundred sixty360-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion of a LIBOR Loan to a Base Rate Loan and the first day of an a LIBOR Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment (as determined in Subsection 1.5) of any Loan and the last day of an a LIBOR Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on the Base Rate Loan Loans is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; (ii) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iii) the applicable Term Loan Maturity Date or the Revolving Loan Revolver Expiration Date, as the case may be, whether by acceleration or otherwise, with respect to the principal to be repaid. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i1) the last day of each applicable LIBOR Interest Period; (ii2) if the LIBOR Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such LIBOR Interest Period; (iii3) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iv4) the applicable Term Loan Maturity Date or the Revolving Loan Revolver Expiration Date, as the case may be, whether by acceleration or otherwise, with respect to the principal to be repaid.

Calculation and Payment. Interest on LIBOR Base Rate Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) 365-6-day year for the actual number of days elapsed. Interest on the Base Rate Loans LIBOR Loans, including amounts due under Subsection 1.4, shall be calculated on the basis of a three hundred sixty360-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion of a LIBOR Loan to a Base Rate Loan and the first day of an a LIBOR Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment (as determined in Subsection 1.5) of any Loan and the last day of an a LIBOR Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on the Base Rate Loan Loans is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; (ii) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iii) the applicable Term Loan Maturity Date or the Revolving Loan Revolver Expiration Date, as the case may be, whether by acceleration or otherwise, with respect to the principal to be repaid. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i1) the last day of each applicable LIBOR Interest Period; (ii2) if the LIBOR Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such LIBOR Interest Period; (iii3) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iv4) the applicable Term Loan Maturity Date or the Revolving Loan Revolver Expiration Date, as the case may be, whether by acceleration or otherwise, with respect to the principal to be repaid.

Calculation and Payment. Interest on LIBOR all Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) day year for the actual number of days elapsed. Interest on the Base Rate Loans shall be calculated on the basis of a three hundred sixty-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion of a LIBOR Loan to a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of any Loan and Loan, the last day of an Interest Period with respect to a LIBOR Loan and the Term Loan A Maturity Date with respect to the Term Loan A shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on the Base Rate Loan Loans is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; , (ii) the prepayment (including the payment of any Swingline Loan pursuant to Subsection 1.1(D)(2)) of such Loan (or portion thereof); ) and (iii) the applicable Term Loan B Maturity Date or the Revolving Loan Expiration Date, as the case may beapplicable, whether by acceleration or otherwise. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period (including the last day of the Interpolated Term Loan A LIBOR Period and the Interpolated Term Loan B LIBOR Period; ), (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; , (iii) the prepayment of such Loan (or portion thereof); ) and (iv) the applicable Term Loan B Maturity Date or the Revolving Loan Expiration Date, as the case may beapplicable, whether by acceleration or otherwise. Interest accruing on the Term Loan A is payable on (i) the last day of each calendar quarter, (ii) the prepayment of such Loan, (iii) the date of any conversion of the Term Loan A to a LIBOR Loan, and (iv) the Term Loan A Maturity Date, whether by acceleration or otherwise. Interest accruing pursuant to Subsection 1.2(E) is payable on demand.

Calculation and Payment. Interest on all LIBOR or Long-Term Fixed Rate Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated daily on the basis of a three hundred sixty (360) day year for the actual number of days elapsed. Interest The interest on the Base Rate Loans shall be calculated daily on the basis of a three hundred sixty-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion to a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR or Long-Term Fixed Rate Loan shall be included in the calculation of interest. The date of payment of any Loan and the last day of an Interest Period with respect to a LIBOR or Long-Term Fixed Rate Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s 's interest shall be charged. Interest accruing on the Base Rate Loan Loans and Long-Term Fixed Rate Loans is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; , (ii) the prepayment of such Loan (or portion thereof); and , (iii) the last day of each applicable Interest Period for Long-Term Fixed Rate Loans, and (iv) the Term Loan A Maturity Date, the Term Loan B Maturity Date or the Revolving Loan Expiration Date, as the case may beapplicable, whether by acceleration or otherwise. Interest accruing on each LIBOR or Long-Term Fixed Rate Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period; , (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Amended and Restated Credit Agreement/D & E Communications, Inc. Interest Period; , (iii) the prepayment of such Loan (or portion thereof); ) and (iv) the applicable Term Loan A Maturity Date, the Term Loan B Maturity Date or the Revolving Loan Expiration Date, as the case may beapplicable, whether by acceleration or otherwise.

Calculation and Payment. Interest on LIBOR all Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) day year for the actual number of days elapsed. Interest on the Base Rate Loans shall be calculated on the basis of a three hundred sixty-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion to a the Base Rate Loan or a Swingline Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of any Loan and Loan, the last day of an Interest Period with respect to a LIBOR Loan and the last day of the Fixed Rate Period shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on each Base Rate Loan and Swingline Loan and on the Base Fixed Rate Loan is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; , (ii) the prepayment of such Loan (or portion thereof); ) and (iii) the applicable Term Loan A Maturity Date, the Term Loan B Maturity Date, the Revolving Loan Expiration Date or the Revolving Swingline Loan Expiration Date, as the case may beapplicable, whether by acceleration or otherwise. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period; , (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; , (iii) the prepayment of such Loan (or portion thereof); ) and (iv) the applicable Term Loan A Maturity Date, the Term Loan B Maturity Date, the Revolving Loan Expiration Date or the Revolving Swingline Loan Expiration Date, as the case may beapplicable, whether by acceleration or otherwise. Interest accruing pursuant to Subsection 1.2(E) is payable on demand.

Calculation and Payment. Interest on LIBOR Base Rate Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) 365-6-day year for the actual number of days elapsed. Interest on the Base Rate all other Loans and Obligations, including amounts due under Subsection 1.4, shall be calculated on the basis of a three hundred sixty360-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion of a LIBOR Loan, Quoted Rate Loan or the Fixed Term Loan while subject to the Fixed Interest Rate to a Base Rate Loan and the first day of an a LIBOR Interest Period with respect to or a LIBOR Loan Quoted Rate Interest Period shall be included in the calculation of interest. The date of payment (as determined in Subsection 1.5) of any Loan and the last day of an a LIBOR Interest Period, a Quoted Rate Interest Period with respect to a LIBOR or the Fixed Term Loan Termination Date shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. The Fixed Interest Rate accruing on the Fixed Term Loan is payable monthly in arrears on each of the following dates or events: (i) the 20th day of the following calendar month; (ii) the Fixed Term Loan Termination Date; and (iii) the Fixed Term Loan Maturity Date, whether by acceleration or otherwise, with respect to the principal to be repaid. Interest accruing on the Base Rate Loan Loans is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; (ii) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iii) the applicable Term Loan Maturity Date or the Revolving Loan Revolver Expiration Date, as the case may be, whether by acceleration or otherwise, with respect to the principal to be repaid. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i1) the last day of each applicable LIBOR Interest Period; (ii2) if the LIBOR Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such LIBOR Interest Period; (iii3) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iv4) the applicable Term Loan Maturity Date or the Revolving Loan Revolver Expiration Date, as the case may be, whether by acceleration or otherwise., with respect to the principal to be repaid. Interest accruing on each Quoted Rate Loan is payable in arrears on each of the following dates or events: (1) the last day of each calendar quarter; (2) the last day of each applicable Quoted Rate Interest Period; (3) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (4) the Term Loan A Maturity Date, whether by acceleration or otherwise, with respect to the principal to be repaid. Amended and Restated Credit Agreement/Shenandoah Telecommunications Company

Calculation and Payment. Interest on LIBOR all Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) -day year for the actual number (of days elapsed. Interest on the Base Rate Loans shall be calculated on the basis of a three hundred sixtytwelve 30-five or -six (365-6day months) day year for the actual number of days elapsed. The date of funding or conversion to a the Base Rate Loan or a Swingline Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of any Loan and Loan, the last day of an Interest Period with respect to a LIBOR Loan and the last day of the Fixed Rate Period shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on each Base Rate Loan and Swingline Loan and on the Base Fixed Rate Loan is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; , (ii) the prepayment of such Loan (or portion thereof); ) and (iii) the applicable Term Loan A Maturity Date, the Term Loan B Maturity Date or the Revolving Loan Expiration Date, as the case may beapplicable, whether by acceleration or otherwise. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period; , (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; , (iii) the prepayment of such Loan (or portion thereof); ) and (iv) the applicable Term Loan A Maturity Date, the Term Loan B Maturity Date or the Revolving Loan Expiration Date, as the case may beapplicable, whether by acceleration or otherwise. Interest accruing pursuant to Subsection 1.2(E) is payable on demand.

Calculation and Payment. Interest on LIBOR Base Rate Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) 365-6-day year for the actual number of days elapsed. Interest on the Base Rate LIBOR Loans and all other Obligations, including amounts due under Subsection 1.4, shall be calculated on the basis of a three hundred sixty360-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion to a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of any Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on the Base Rate Loan Loans is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; (ii) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iii) the applicable Term Loan Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise, with respect to the principal to be repaid. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period; (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; (iii) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iv) the applicable Term Loan Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise, with respect to the principal to be repaid.

Calculation and Payment. Interest on LIBOR Base Rate Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) 365/366-day year for the actual number of days elapsed. Interest on the Base Rate LIBOR Loans and all other Obligations, including amounts due under Subsection 1.4, shall be calculated on the basis of a three hundred sixty360-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion to a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of any Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on the Base Rate Loan Loans is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; (ii) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iii) the applicable Term Loan Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise, with respect to the principal to be repaid. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period; (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; (iii) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iv) the applicable Term Loan Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise, with respect to the principal to be repaid.

Calculation and Payment. Interest on LIBOR all Loans and all other ----------------------- Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) -day year for the actual number (of days elapsed. Interest on the Base Rate Loans shall be calculated on the basis of a three hundred sixtytwelve 30-five or -six (365-6day months) day year for the actual number of days elapsed. The date of funding or conversion to a the Base Rate Loan and Loan, the first day of an Interest Period with respect to a LIBOR Loan and the first day of a Quoted Rate Period with respect to a Quoted Rate Loan shall be included in the calculation of interest. The date of payment of any Loan and Loan, the last day of an Interest Period with respect to a LIBOR Loan and the last day of a Quoted Rate Period with respect to a Quoted Rate Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s 's interest shall be charged. Interest accruing on the Base Rate Loan and each Quoted Rate Loan is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; , (ii) the prepayment of such Loan (or portion thereof); ) and (iii) the applicable Term Loan Maturity Date or the Revolving Loan Expiration Date, as the case may beapplicable, whether by acceleration or otherwise. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period; , (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; , (iii) the prepayment of such Loan (or portion thereof); ) and (iv) the applicable Term Loan Maturity Date or the Revolving Loan Expiration Date, as the case may beapplicable, whether by acceleration or otherwise.

Calculation and Payment. Interest on all LIBOR or Long-Term Fixed Rate Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated daily on the basis of a three hundred sixty (360) day year for the actual number of days elapsed. Interest The interest on the Base Rate Loans shall be calculated daily on the basis of a three hundred sixty-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion to a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR or Long-Term Fixed Rate Loan shall be included in the calculation of interest. The date of payment of any Loan and the Credit Agreement/D & E Communications, Inc. last day of an Interest Period with respect to a LIBOR or Long-Term Fixed Rate Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s 's interest shall be charged. Interest accruing on the Base Rate Loan Loans and Long-Term Fixed Rate Loans is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; , (ii) the prepayment of such Loan (or portion thereof); and , (iii) the last day of each applicable Interest Period for Long-Term Fixed Rate Loans, and (iv) the Term Loan Maturity Date or the Revolving Loan Expiration Date, as the case may beapplicable, whether by acceleration or otherwise. Interest accruing on each LIBOR or Long-Term Fixed Rate Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period; , (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; , (iii) the prepayment of such Loan (or portion thereof); ) and (iv) the applicable Term Loan Maturity Date or the Revolving Loan Expiration Date, as the case may beapplicable, whether by acceleration or otherwise.

Calculation and Payment. Interest on all LIBOR Loans, the Assumed CEI Term Loans and all other Obligations and Obligations, including, without limitation, the amount of any fees set forth in Subsection 1.4 1.4, shall be calculated daily on the basis of a three hundred sixty (360) day year for the actual number of days elapsed. Interest ; provided, that interest on the Base Rate Loans shall be calculated daily on the basis of a three hundred sixty-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion to a Base Rate Loan and the first day of an Interest Second Amended and Restated Credit Agreement/D&E Communications, Inc. Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of any Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on the Base Rate Loan Loans and the Assumed CEI Term Loans is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; , (ii) the prepayment of such Loan (or portion thereof); , to the extent accrued on the principal prepaid, and (iii) the applicable Term Loan A Maturity Date or Date, the Term Loan B Maturity Date, the Revolving Loan Expiration Date or the Assumed CEI Term Loans Maturity Date, as the case may beapplicable, whether by acceleration or otherwise. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period; , (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; , (iii) the prepayment of such Loan (or portion thereof); , to the extent accrued on the principal prepaid, and (iv) the applicable Term Loan A Maturity Date, the Term Loan B Maturity Date or the Revolving Loan Expiration Date, as the case may beapplicable, whether by acceleration or otherwise. Interest accruing on the Incremental Term Loans shall be payable as provided in the supplement to this Agreement establishing the Incremental Term Loan Facility.

Calculation and Payment. Interest on LIBOR Base Rate Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) 365-6-day year for the actual number of days elapsed. Interest on the Base Rate LIBOR Loans and all other Obligations, including amounts due under Subsection 1.4, shall be calculated on the basis of a three hundred sixty360-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion to a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of any Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s 's interest shall be charged. Interest accruing on the Base Rate Loan Loans is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; (ii) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iii) the applicable Term Loan Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise, with respect to the principal to be repaid. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period; (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; (iii) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iv) the applicable Term Loan Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise, with respect to the principal to be repaid.