Common use of Computation and Payment of Interest Clause in Contracts

Computation and Payment of Interest. (1) Interest on the Loans and all other Obligations shall be computed on the daily principal balance on the basis of a 360 day year for the actual number of days elapsed in the period during which it accrues. In computing interest on the Loans, the date of funding of the Loans or the first day of an Interest Period applicable to a LIBOR Loan or, with respect to a Base Rate Loan being converted from a LIBOR Loan, the date of conversion of such LIBOR Loan to such Base Rate Loan, shall be included; and the date of payment of such Loan or the expiration date of an Interest Period applicable to such Loan, shall be excluded; provided that if a Loan is repaid on the same day on which it is made, one day’s interest shall be paid on that Loan. (2) Interest on Base Rate Loans and all other Obligations other than LIBOR Loans shall be payable to Lender monthly in arrears on the first day of each month, on the date of any prepayment of Loans, and at maturity, whether by acceleration or otherwise. Interest on LIBOR Loans shall be payable to Lender on the last day of the applicable Interest Period for such LIBOR Loan, on the date of any prepayment of such LIBOR Loan, and at maturity, whether by acceleration or otherwise. In addition, for each LIBOR Loan having an Interest Period longer than three (3) months, interest on such Loan shall also be payable on the last day of each three (3) month interval during such Interest Period.

Computation and Payment of Interest. (1) Interest Except as expressly set forth herein, interest on the Loans and all other Obligations shall be computed on the daily principal balance thereof on the basis of of, (x) with respect to SOFR Loans and Obligations bearing interest at rates determined by reference to SOFR, a 360 three hundred sixty (360) day year for the actual number of days elapsed in elapsed, and (y) with respect to all other Loans (including Swingline Loans) and Obligations, a three hundred sixty-five (365) or three hundred sixty-six (366) day year, as applicable, for the period during which it accruesactual number of days elapsed. In computing interest on the Loansany Loan, the date of funding of the Loans Loan or the first day of an Interest Period applicable to a LIBOR such Loan or, with respect to a Base Rate Loan being converted from a LIBOR SOFR Loan, the date of conversion of such LIBOR SOFR Loan to such Base Rate Loan, shall be included; and the date of payment of such Loan or the expiration date of an Interest Period applicable to such Loan, or with respect to a Base Rate Loan being converted to a SOFR Loan, the date of conversion of such Base Rate Loan to such SOFR Loan, shall be excluded; provided that if a Loan is repaid on the same day on which it is made, one (1) day’s interest shall be paid on that Loan. (2) . Interest on Base Rate Loans and all other Obligations other than LIBOR SOFR Loans shall be payable to Lender monthly Agent for the benefit of the Lenders quarterly in arrears on the first day of each monthquarter, on the date of any prepayment of Loans, and at maturity, whether by acceleration or otherwise. Interest on LIBOR SOFR Loans shall be payable to Lender Agent for the benefit of the Lenders on the last day of the applicable Interest Period for such LIBOR Loan, on the date of any prepayment of such LIBOR Loanthe Loans, and at maturity, whether by acceleration or otherwise. In addition, for interest on each LIBOR SOFR Loan having an Interest Period longer than three (3) months, interest accrued on such Loan shall also be payable on the last day of each three (3) month interval during such Interest Period.

Computation and Payment of Interest. (1) Interest on the Loans and all ----------------------------------- other Obligations shall be computed on the daily principal balance on the basis of a 360 360-day year for the actual number of days elapsed in the period during which it accrues. In computing interest on the Loansany Loan, the date of funding of the Loans Loan or the first day of an Interest Period applicable to a LIBOR such Loan or, with respect to a Base Prime Rate Loan being converted from a LIBOR Rate Loan, the date of conversion of such LIBOR Rate Loan to such Base Prime Rate Loan, shall be included; included and the date of payment of such Loan or the expiration date of an Interest Period applicable to such Loan, or with respect to a Prime Rate Loan being converted to a LIBOR Rate Loan, the date of conversion of such Prime Rate Loan to such LIBOR Rate Loan, shall be excluded; provided that if a Loan is repaid on -------- the same day on which it is made, one day’s 's interest shall be paid on that Loan. (2) . Interest on Base Prime Rate Loans and all other Obligations other than LIBOR Rate Loans shall be payable to Lender Agent, for the benefit of Lenders, monthly in arrears on the first day of each month, on the date of any prepayment of Loans, Loans and at maturity, whether by acceleration or otherwise. Interest on LIBOR Rate Loans shall be payable to Lender Agent, for the benefit of Lenders, on the last day of the applicable Interest Period for such LIBOR Loan, on the date of any prepayment of such LIBOR Loan, and at maturity, whether by acceleration or otherwise. In addition, for each LIBOR Rate Loan having an Interest Period longer than three (3) months, interest accrued on such Loan shall also be payable on the last day of each three (3) month interval during such Interest Period.

Computation and Payment of Interest. (1) Interest on the Loans and all other Obligations shall be computed on the daily principal balance on the basis of a 360 day year for the actual number of days elapsed in the period during which it accrues. In computing interest on the Loansany Revolver Loan, the date of funding of the Loans Revolver Loan or the first day of an Interest Period applicable to a LIBOR such Revolver Loan or, with respect to a Base Rate Loan being converted from a LIBOR Rate Loan, the date of conversion of such LIBOR Rate Loan to such Base Rate Loan, Loan shall be included; included and the date of payment of such Revolver Loan or the expiration date of an Interest Period applicable to such Revolver Loan, or with respect to a Base Rate Loan being converted to a LIBOR Rate Loan, the date of conversion of such Base Rate Loan to such LIBOR Rate Loan, shall be excluded; provided provided, that if a Revolver Loan is repaid on the same day on which it is made, one day’s 's interest shall be paid on that Revolver Loan. . All interest (2together with any fees or other charges determined on a "per annum" basis) shall be calculated on a daily basis (computed on the actual number of days elapsed over a year of 360 days, unless reference to a 365 or 366-day year is necessary in order not to exceed the Maximum Rate), commencing on the date hereof. Interest on the Base Rate Loans and all other Obligations other than LIBOR Loans shall is to be payable to Lender monthly paid monthly, in arrears arrears, on the first day of each month, on the date of any prepayment of Loans, and at maturity, whether by acceleration or otherwise. Interest on the LIBOR Rate Loans having an Interest Period of three (3) calendar months or less shall be payable to Lender paid on the last day of the applicable each Interest Period for applicable to such Revolver Loans. Interest on LIBOR Loan, on the date of any prepayment of such LIBOR Loan, and at maturity, whether by acceleration or otherwise. In addition, for each LIBOR Loan Rate Loans having an Interest Period longer than in excess of three (3) months, interest on such Loan calendar months shall also be payable paid on the last day of each three (3) calendar month interval during such Interest Period and on the last day of such Interest Period.

Computation and Payment of Interest. (1) Interest on the Loans Revolving Loan and all other Obligations shall be computed on the daily principal balance on the basis of a 360 three hundred and sixty-five (365) day year for the actual number of days elapsed in the period during which it accrues. In computing interest on the Loansany Loan, the date of funding of the Loans Loan or the first day of an Interest the BA Period applicable to a LIBOR such Loan or, with respect to a Base an Index Rate Loan being converted from a LIBOR BA Rate Loan, the date of conversion of such LIBOR BA Rate Loan to such Base Index Rate Loan, shall be included; and the date of payment of such Loan or the expiration date of an Interest the BA Period applicable to such Loan, or with respect to an Index Rate Loan being converted to a BA Rate Loan, the date of conversion of such Index Rate Loan to such BA Rate Loan, shall be excluded; provided that if a Loan Revolving Advance is repaid on the same day on which it is made, one (1) day’s interest shall be paid charged on that Loan. (2) Revolving Advance. Interest on Base Index Rate Loans and all other Obligations other than LIBOR BA Rate Loans shall be payable to Lender Agent for the benefit of Lenders monthly in arrears on the first day of each month, on the date of any prepayment of Loans, and at maturity, whether by acceleration or otherwise. Interest on LIBOR BA Rate Loans shall be payable to Lender Agent for the benefit of Lenders in arrears on the last day of the applicable Interest BA Period for such LIBOR BA Rate Loan, on the date of any prepayment of such LIBOR Loanthe Loans, and at maturity, whether by acceleration or otherwise. In additionFor purposes of disclosure under the Interest Act (Canada), for each LIBOR Loan having an Interest Period longer than three where interest or fees are calculated pursuant hereto at a rate based upon a 365 day year (3) monthsthe “Stated Rate”), it is hereby agreed that the rate or percentage of interest on a yearly basis is equivalent to such Stated Rate multiplied by the actual number of days in the year divided by 365. The parties agree that (i) the principle of deemed reinvestment of interest shall not apply to any interest calculation under this Agreement or any of the other Loan shall also Documents and (ii) the rates of interest stipulated in this Agreement are intended to be payable on the last day of each three (3) month interval during such Interest Periodnominal rates and not effective rates or yields.

Computation and Payment of Interest. (1) Interest on the Loans and all ----------------------------------- other Obligations shall be computed on the daily principal balance on the basis of a 360 day year (or a 365 day year, in the case of Loans denominated in Pounds) for the actual number of days elapsed in the period during which it accrueselapsed. In computing interest on the Loansany Loan, the date of funding of the Loans Loan or the first day of an Interest Period applicable to a LIBOR such Loan or, with respect to a Base Rate Loan being converted from a LIBOR Loan, the date of conversion of such LIBOR Loan to such Base Rate Loan, shall be included; and the date of payment of such Loan or the expiration date of an Interest Period applicable to such Loan, or with respect to a Base Rate Loan being converted to a LIBOR Loan, the date of conversion of such Base Rate Loan to such LIBOR Loan, shall be excluded; provided that if a Loan is -------- repaid on the same day on which it is made, one day’s 's interest shall be paid on that Loan. (2) . Interest on Base Rate Loans and all other Obligations other than LIBOR Loans shall be payable to Lender Agent for benefit of Lenders monthly in arrears on the first day of each month, on the date of any prepayment of Loans, and at maturity, whether by acceleration or otherwise. Interest on LIBOR Loans shall be payable to Lender Agent for benefit of Lenders on the last day of the applicable Interest Period for such LIBOR Loan, on the date of any prepayment of such LIBOR Loanthe Loans, and at maturity, whether by acceleration or otherwise. In addition, for each LIBOR Loan having an Interest Period longer than three (3) months, interest accrued on such Loan shall also be payable on the last day of each three (3) month interval during such Interest Period. Interest on any Loan or Advance shall accrue and shall be paid in the Available Currency in which such Loan or Advance was made.

Computation and Payment of Interest. (1) Interest on the Loans and ----------------------------------- all other Obligations shall be computed on the daily principal balance on the basis of a 360 day year for the actual number of days elapsed in the period during which it accrues. In computing interest on the Loansany Loan, the date of funding of the Loans Loan or the first day of an Interest Period applicable to a LIBOR such Loan or, with respect to a Base Rate Loan being converted from a LIBOR Loan, the date of conversion of such LIBOR Loan to such Base Rate Loan, shall be included; and the date of payment of such Loan or the expiration date of an Interest Period applicable to such Loan, or with respect to a Base Rate Loan being converted to a LIBOR Loan, the date of conversion of such Base Rate Loan to such LIBOR Loan, shall be excluded; provided that if a Loan is repaid on the same day on which it is made, one day’s 's interest shall be paid on that Loan. (2) . Interest on Base Rate Loans and all other Obligations other than LIBOR Loans shall be payable to Lender monthly in arrears on the first day of each month, on the date of any prepayment of Loans, and at maturity, whether by acceleration or otherwise. Interest on LIBOR Loans shall be payable to Lender on the last day of the applicable Interest Period for such LIBOR Loan, on the date of any prepayment of such LIBOR Loanthe Loans, and at maturity, whether by acceleration or otherwise. In addition, for each LIBOR Loan having an Interest Period longer than three (3) months, interest accrued on such Loan shall also be payable on the last day of each three (3) month interval during such Interest Period.

Computation and Payment of Interest. (1) Interest on the LIBOR Loans and all other Obligations (other than the Index Rate Loans) shall be computed on the daily principal balance on the basis of a 360 three hundred sixty (360) day year for the actual number of days elapsed in elapsed. Interest on the period during which it accruesIndex Rate Loans shall be computed on the daily principal balance on the basis of a three hundred sixty five (365) day year or three hundred sixty six (366) day year, as applicable, for the actual number of days elapsed. In computing interest on the Loansany Loan, the date of funding of the Loans Loan or the first day of an Interest Period applicable to a LIBOR such Loan or, with respect to a Base an Index Rate Loan being converted from a LIBOR Loan, the date of conversion of such LIBOR Loan to such Base Index Rate Loan, shall be included; and the date of payment of such Loan or the expiration date of an Interest Period applicable to such Loan, or with respect to an Index Rate Loan being converted to a LIBOR Loan, the date of conversion of such Index Rate Loan to such LIBOR Loan, shall be excluded; provided that if a Loan is repaid on the same day on which it is made, one (1) day’s interest shall be paid on that Loan. (2) . Interest on Base Index Rate Loans and all other Obligations other than LIBOR Loans shall be payable to Lender Agent for the benefit of Lenders monthly in arrears on the first day of each month, on the date of any prepayment of Loans, and at maturity, whether by acceleration or otherwise. Interest on LIBOR Loans shall be payable to Lender Agent for the benefit of Lenders on the last day of the applicable Interest Period for such LIBOR Loan, on the date of any prepayment of such LIBOR Loanthe Loans, and at maturity, whether by acceleration or otherwise. In addition, for each LIBOR Loan having an Interest Period longer than three (3) months, interest accrued on such Loan shall also be payable on the last day of each three (3) month interval during such Interest Period.

Computation and Payment of Interest. (1) Interest on the Loans and all ----------------------------------- other Obligations shall be computed on the daily principal balance on the basis of a 360 day year for the actual number of days elapsed in the period during which it accrues. In computing interest on the Loansany Loan, the date of funding of the Loans Loan or the first day of an Interest Period applicable to a LIBOR such Loan or, with respect to a Base Rate Loan being converted from a LIBOR Loan, the date of conversion of such LIBOR Loan to such Base Rate Loan, shall be included; and the date of payment of such Loan or the expiration date of an Interest Period applicable to such Loan, or with respect to a Base Rate Loan being converted to a LIBOR Loan, the date of conversion of such Base Rate Loan to such LIBOR Loan, shall be excluded; provided that if a Loan is repaid on the same day on which it -------- is made, one day’s 's interest shall be paid on that Loan. (2) . Interest on Base Rate Loans and all other Obligations other than LIBOR Loans shall be payable to Lender monthly in arrears on the first day of each month, on the date of any prepayment of Loans, and at maturity, whether by acceleration or otherwise. Interest on LIBOR Loans shall be payable to Lender on the last day of the applicable Interest Period for such LIBOR Loan, on the date of any prepayment of such LIBOR Loanthe Loans, and at maturity, whether by acceleration or otherwise. In addition, for each LIBOR Loan having an Interest Period longer than three (3) months, interest accrued on such Loan shall also be payable on the last day of each three (3) month interval during such Interest Period.

Computation and Payment of Interest. (1) Interest on the Loans ----------------------------------- and all other Obligations shall be computed on the daily principal balance on the basis of a 360 three hundred sixty (360) day year for the actual number of days elapsed in the period during which it accrueselapsed. In computing interest on the Loansany Loan, the date of funding of the Loans Loan or the first (1st) day of an Interest Period applicable to a LIBOR such Loan or, with respect to a Base Rate Loan being converted from a LIBOR Loan, the date of conversion of such LIBOR Loan to such Base Rate Loan, shall be included; and the date of payment of such Loan or the expiration date of an Interest Period applicable to such Loan, or with respect to a Base Rate Loan being converted to a LIBOR Loan, the date of conversion of such Base Rate Loan to such LIBOR Loan, shall be excluded; provided that if a Loan is repaid on the same day on which it is made, one (1) day’s 's interest shall be paid on that Loan. (2) . Interest on Base Rate Loans and all other Obligations other than LIBOR Loans shall be payable to Lender Agent for the benefit of Lenders monthly in arrears on the first (1st) day of each month, on the date of any prepayment of Loans, and at maturity, whether by acceleration or otherwise. Interest on LIBOR Loans shall be payable to Lender Agent for the benefit of Lenders on the last day of the applicable Interest Period for such LIBOR Loan, on the date of any prepayment of such LIBOR Loanthe Loans, and at maturity, whether by acceleration or otherwise. In addition, for each LIBOR Loan having an Interest Period longer than three (3) months, interest accrued on such Loan shall also be payable on the last day of each three (3) month interval during such Interest Period.

Computation and Payment of Interest. (1) Interest on the ------------------------------------- Revolving Loans and all other Obligations shall be computed on the daily principal balance on the basis of a 360 day year for the actual number of days elapsed in the period during which it accrues. In computing interest on the Loansany Revolving Loan, the date of funding of the Loans Revolving Loan or the first day of an Interest Period applicable to a LIBOR such Revolving Loan or, with respect to a Base Rate Loan being converted from a LIBOR Rate Loan, the date of conversion of such LIBOR Rate Loan to such Base Rate Loan, shall be included; included and the date of payment of such Revolving Loan or the expiration date of an Interest Period applicable to such Revolving Loan, or with respect to a Base Rate Loan being converted to a LIBOR Rate Loan, the date of conversion of such Base Rate Loan to such LIBOR Rate Loan, shall be excluded; provided provided, that if a Revolving Loan is repaid on the same day on which it is made, one day’s 's interest shall be paid on that Revolving Loan. (2) . Interest on Base Rate Loans and all other Obligations other than LIBOR Rate Loans shall be payable to Lender Agent for benefit of Lenders monthly in arrears on the first day of each month, on the date of any prepayment of Loans, Revolving Loans and at maturity, whether by acceleration or otherwise. Interest on LIBOR Rate Loans shall be payable to Lender Agent for benefit of Lenders on the last day of the applicable Interest Period for such LIBOR Revolving Loan, on the date of any prepayment of such LIBOR Loanthe Revolving Loans, and at maturity, whether by acceleration or otherwise. In addition, for each LIBOR Rate Loan having an Interest Period longer than three (3) months, interest accrued on such Revolving Loan shall also be payable on the last day of each three (3) month interval during such Interest Period.