McKesson 2005 Annual Report Download - page 300

(a) if Yield for such Purchaser Interest is calculated with respect to the CP Rate, the relevant CP Tranche Period;
(b) if Yield for such Purchaser Interest is calculated on the basis of the LIBO Rate, a period of one, two, three or six months, or such
other period as may be mutually agreeable to the applicable Managing Agent and Seller, commencing on a Business Day selected by Seller
or such Managing Agent pursuant to this Agreement. Such Tranche Period shall end on the day in the applicable succeeding calendar
month which corresponds numerically to the beginning day of such Tranche Period, provided, however, that if there is no such numerically
corresponding day in such succeeding month, such Tranche Period shall end on the last Business Day of such succeeding month; or
(c) if Yield for such Purchaser Interest is calculated on the basis of the Base Rate, a period commencing on a Business Day selected
by Seller and agreed to by the applicable Managing Agent, provided no such period shall exceed one month.
If any Tranche Period would end on a day which is not a Business Day, such Tranche Period shall end on the next succeeding Business Day,
provided, however, that in the case of Tranche Periods corresponding to the LIBO Rate, if such next succeeding Business Day falls in a new
month, such Tranche Period shall end on the immediately preceding Business Day. In the case of any Tranche Period for any Purchaser Interest
of which commences before the Amortization Date and would otherwise end on a date occurring after the Amortization Date, such Tranche
Period shall end on the Amortization Date. The duration of each Tranche Period which commences after the Amortization Date shall be of such
duration as selected by the applicable Managing Agent. In no event shall any Tranche Period extend beyond the Facility Termination Date.
“Transaction Documents” means, collectively, this Agreement, each Purchase Notice, the Receivables Sale Agreements, each
Collection Account Agreement, the Fee Letter, each Liquidity Agreement and all other instruments, documents and agreements executed and
delivered in connection herewith.
“UCC” means the Uniform Commercial Code as from time to time in effect in the specified jurisdiction.
“Wachovia” means Wachovia Bank, N.A., in its individual capacity, and its successors.
“Yield” means for each respective Tranche Period relating to Purchaser Interests, an amount equal to the product of the applicable
Discount Rate for each Purchaser Interest multiplied by the Capital of such Purchaser Interest for each day elapsed during such Tranche Period,
annualized on a 360 day basis.
All accounting terms not specifically defined herein shall be construed in accordance with generally accepted accounting principles.
All terms used in Article 9 of the UCC in the State of New York or California, as applicable, and not specifically defined herein, are used
herein as defined in such Article 9.
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