Common use of Basis of Computation Clause in Contracts

Basis of Computation. The amount of all interest and fees hereunder shall be computed for the actual number of days elapsed on the basis of a year consisting of three hundred sixty (360) days.

Appears in 11 contracts

Sources: Credit Agreement (Nexx Systems Inc), Credit Agreement (Nexx Systems Inc), Revolving Credit Agreement (Pawnmart Inc)

Basis of Computation. The amount of all interest and fees hereunder shall be computed for the actual number of days elapsed on the basis of a year consisting of three hundred sixty (360) 360 days.

Appears in 5 contracts

Sources: Credit Agreement (Ballast Point Brewing & Spirits, Inc.), Revolving Credit Loan Agreement (Sterling Construction Co Inc), Revolving Credit Loan Agreement (Sterling Construction Co Inc)

Basis of Computation. The amount of all interest and fees payable hereunder shall be computed for the actual number of days elapsed on the basis of a year consisting of three hundred sixty (360) 360 days.

Appears in 4 contracts

Sources: Revolving Credit Loan Agreement (Thomas Group Inc), Loan Agreement (Sun Coast Industries Inc /De/), Revolving Credit Loan Agreement (Thomas Group Inc)

Basis of Computation. The amount of all interest and fees hereunder shall be computed for the actual number of days elapsed in the period in which interest accrues on the basis of a year consisting of three hundred sixty (360) days.

Appears in 2 contracts

Sources: Revolving Credit Loan Agreement (Mission West Properties Inc), Revolving Credit Loan Agreement (Mission West Properties Inc)

Basis of Computation. The amount of all interest and fees hereunder -------------------- shall be computed for the actual number of days elapsed on the basis of a year consisting of three hundred sixty (360) days.

Appears in 1 contract

Sources: Revolving Credit Loan Agreement (Symmetricom Inc)

Basis of Computation. The amount of all interest and fees hereunder shall be computed for the actual number of days elapsed on the basis of a year consisting of three hundred sixty (360) days.three

Appears in 1 contract

Sources: Senior Secured Credit Agreement (Dovebid Inc)