Calculation. Interest will be computed on the basis of a year of 360 days and paid for the actual number of days elapsed.
Appears in 23 contracts
Sources: Loan Agreement (MVC Capital, Inc.), Loan Agreement (MVC Capital, Inc.), Revolving Credit Loan Agreement (Hersha Hospitality Trust)
Calculation. Interest will shall be computed calculated on the basis of a year of 360 days and paid for the actual number of days elapsedelapsed over a year assumed to have 360 days.
Appears in 3 contracts
Sources: Loan Agreement (Boston Restaurant Associates Inc), Loan Agreement (Boston Restaurant Associates Inc), Loan Agreement (Viisage Technology Inc)
Calculation. Interest will shall be computed on the basis of a year of 360 days and paid calculated for the actual number of days elapsedelapsed on the basis of a 360-day year.
Appears in 3 contracts
Sources: Credit Agreement (Anchor Bancorp Wisconsin Inc), Term Loan and Security Agreement (Greater Bay Bancorp), Credit Agreement (Electronic Tele Communications Inc)
Calculation. Interest will be computed on the basis of a year of 360 days comprised of twelve (12) 30-day months and paid for the actual number of days elapsed.
Appears in 1 contract
Sources: Loan and Security Agreement (Healthcare Imaging Services Inc)