Additional Interest Provisions. (a) Calculation of Interest: Interest on the Loans, regardless of the ----------------------- rate option, shall be based on a three hundred sixty (360) day year and charged for the actual number of days elapsed.
Appears in 1 contract
Sources: Loan and Security Agreement (Telespectrum Worldwide Inc)
Additional Interest Provisions. (a) Calculation of Interest: Interest on the Loans, regardless of the ----------------------- rate option, Loans shall be based on ----------------------- a three hundred sixty (360) day year comprised of twelve 30-day months and charged for the actual number of days elapsed.
Appears in 1 contract
Sources: Loan and Security Agreement (Bankvest Capital Corp)
Additional Interest Provisions. (a) Calculation of Interest: Interest on the Loansall Loans and other ----------------------- Obligations, regardless of the ----------------------- rate option, shall be based on a three hundred sixty (360) day year and charged for the actual number of days elapsed.
Appears in 1 contract
Sources: Loan and Security Agreement (Telespectrum Worldwide Inc)