Common use of Basis of Computation Clause in Contracts

Basis of Computation. The interest rate is an annual rate and will be computed using a 360-day year and charged for actual days elapsed.

Appears in 10 contracts

Sources: Dloc Note (Lodging Fund REIT III, Inc.), Term Loan Note (Lodging Fund REIT III, Inc.), Term Loan Note (Lodging Fund REIT III, Inc.)

Basis of Computation. The interest rate is an annual rate and will be computed using a 360-360- day year and charged for actual days elapsed.

Appears in 1 contract

Sources: Term Loan Note (Lodging Fund REIT III, Inc.)

Basis of Computation. The interest rate Interest Rate is an annual rate and will be computed using a 360-day year and charged for actual days elapsed.

Appears in 1 contract

Sources: Loan Agreement (Lodging Fund REIT III, Inc.)

Basis of Computation. The interest rate herein is an annual rate and will be computed using a 360-day year and charged for actual days elapsed.. ​

Appears in 1 contract

Sources: Loan Agreement (Lodging Fund REIT III, Inc.)