Basis for calculation of periodic payments. Default interest shall accrue from day to day and shall be calculated on the basis of the actual number of days elapsed and a 360 day year.
Appears in 6 contracts
Sources: Loan Agreement (Cool Co Ltd.), Loan Agreement (Cool Co Ltd.), Loan Agreement (Golar LNG LTD)
Basis for calculation of periodic payments. Default Interest and default interest shall accrue from day to day and shall be calculated on the basis of the actual number of days elapsed and a 360 day year.
Appears in 5 contracts
Sources: Purchase, Sale and Contribution Agreement (Golar LNG Partners LP), Loan Agreement (Golar LNG LTD), Loan Agreement (Golar LNG Partners LP)
Basis for calculation of periodic payments. Default Interest and default interest shall accrue from day to day and shall be calculated on the basis of the actual number of days elapsed and a 360 day year.basis
Appears in 1 contract