Common use of Computations of Interest Clause in Contracts

Computations of Interest. Except as provided in the next succeeding sentence, all computations of interest on any Loans hereunder shall be made on the actual number of days elapsed over a year of 360 days. All computations of interest on Base Rate Loans and Unpaid Drawings hereunder shall be made on the actual number of days elapsed over a year of 365 or 366 days, as applicable.

Appears in 11 contracts

Sources: Credit Agreement (Builders FirstSource, Inc.), Credit Agreement (Builders FirstSource, Inc.), Credit Agreement (Builders FirstSource, Inc.)

Computations of Interest. Except as provided in the next succeeding sentence, all computations of interest on any Loans hereunder shall be made on the actual number of days elapsed over a year of 360 three hundred sixty (360) days. All computations of interest on Base Rate Loans and Unpaid Drawings hereunder shall be made on the actual number of days elapsed over a year of 365 three hundred sixty-five (365) or 366 three hundred sixty six (366) days, as applicable.

Appears in 1 contract

Sources: Credit Agreement (PGT, Inc.)

Computations of Interest. Except as provided in the next succeeding sentence, all computations of interest on any Loans hereunder shall be made on the actual number of days elapsed over a year of 360 days. All computations of interest on Base Rate Loans and Unpaid Drawings hereunder shall be made on the actual number of days elapsed over a year of 365 or 366 days, as applicable.. Table of Contents

Appears in 1 contract

Sources: Credit Agreement (JGWPT Holdings Inc.)

Computations of Interest. Except as provided in the next succeeding sentence, all computations of interest on any Loans hereunder shall be made on the actual number of days elapsed over a year of 360 three hundred sixty (360) days. All computations of interest on Base Rate Loans and Unpaid Drawings hereunder when the Base Rate is determined in accordance with clause (i) of the definition thereof shall be made on the actual number of days elapsed over a year of 365 three hundred sixty-five (365) or 366 three hundred sixty six (366) days, as applicable.

Appears in 1 contract

Sources: Credit Agreement (PGT, Inc.)

Computations of Interest. Except as provided in the next succeeding sentence, all computations of interest on any Loans hereunder shall be made on the actual number of days elapsed over a year of 360 three hundred sixty (360) days. All computations of interest on Base Rate Loans and Unpaid Drawings hereunder when the Base Rate is determined in accordance with clause (i) of the definition thereof shall be made on the actual number of days elapsed over a year of 365 three hundred sixty-five (365) or 366 three hundred sixty six (366) days, as applicable.as

Appears in 1 contract

Sources: Credit Agreement (PGT Innovations, Inc.)