Common use of Yield Calculation Clause in Contracts

Yield Calculation. Each Note shall bear interest on each day during each AccrualCollection Period at a rate per annum equal to the product of (a) the Interest Rate for such AccrualCollection Period multiplied by (b) the outstanding Advances attributable to such Note on such day. All Yield shall be computed on the basis of the actual number of days (including the first day but excluding the last day) occurring during the period for which such Yield is payable over a year comprised of 360 days (other than Yield accruing by the reference rate set forth in clause (a) of the definition of Alternate Base Rate, which shall be computed over a year comprised of 365/366 days and with respect to GBP Advances, AUD Advances and CAD Advances 365 days).

Yield Calculation. Each Note shall bear interest on each day during each AccrualCollection Collection Period at a rate per annum equal to the product of (a) the Interest Rate for such AccrualCollection Collection Period multiplied by (b) the outstanding Advances attributable to such Note on such day. All Yield shall be computed on the basis of the actual number of days USActive 31506654.2531506654.28 (including the first day but excluding the last day) occurring during the period for which such Yield is payable over a year comprised of 360 days (other than Yield accruing by the reference rate set forth in clause (a) of the definition of Alternate Base Rate, which shall be computed over a year comprised of 365/366 days and with respect to GBP Advances, AUD Advances and CAD Advances 365 days).