Common use of Computation and Payment Clause in Contracts

Computation and Payment. Interest shall be computed on the basis of ----------------------- a 360-day year, actual days elapsed. Interest shall be payable at the times and place set forth in the Line of Credit Note and the BMSC Letter of Credit Agreement.

Appears in 2 contracts

Sources: Credit Agreement (Lecg Inc), Credit Agreement (Lecg Inc)

Computation and Payment. Interest shall be computed on the basis of a ----------------------- a 360-day year, actual days elapsed. Interest shall be payable at the times and place set forth in the Line of Credit Note and the BMSC Letter of Credit AgreementTerm Note (collectively, the "Notes").

Appears in 1 contract

Sources: Credit Agreement (Provena Foods Inc)

Computation and Payment. Interest shall be computed on the basis of ----------------------- a 360-day year, actual days elapsed. Interest shall be payable at the times and place set forth in the Line of Credit Note, term Note and the BMSC Letter of Credit AgreementPromissory Note.

Appears in 1 contract

Sources: Loan Agreement (Futech Interactive Products Inc)

Computation and Payment. Interest shall be computed on the basis of a ----------------------- a 360365-day year, actual days elapsed. Interest shall be payable at the times and place set forth in the Line of Credit Note and the BMSC Letter of Credit AgreementConverted Term Loan Note, as applicable.

Appears in 1 contract

Sources: Credit Agreement (Seattle Filmworks Inc)

Computation and Payment. Interest shall be computed on the basis of ----------------------- a 360-day year, actual days elapsed. Interest shall be payable at the times and place set forth in the Restated Line of Credit Note and the BMSC Letter of Credit AgreementNote.

Appears in 1 contract

Sources: Credit Agreement (Northwest Pipe Co)

Computation and Payment. Interest shall be computed on the basis of ----------------------- a 360-day year, actual days elapsed. Interest shall be payable at the times and place places set forth in the Line of Credit Note and the BMSC Letter of Credit AgreementNote.

Appears in 1 contract

Sources: Credit Agreement (Symmetricom Inc)

Computation and Payment. Interest shall be computed on the basis of a ----------------------- a 360-day year, actual days elapsed. Interest shall be payable at the times and place set forth in the Line of Credit A Note and the BMSC Letter Line of Credit AgreementB Note (collectively, "Notes").

Appears in 1 contract

Sources: Credit Agreement (Southwest Water Co)

Computation and Payment. Interest shall be computed on the basis of a ----------------------- a 360-day year, actual days elapsed. Interest shall be payable at the times and place set forth in the Line of Credit Note and Term Note (collectively, the BMSC Letter of Credit Agreement"Notes").

Appears in 1 contract

Sources: Credit Agreement (Hall Kinion & Associates Inc)

Computation and Payment. Interest shall be computed on the basis of ----------------------- a 360-day year, actual days elapsed. Interest shall be payable at the times and place set forth in the Revolving Line of Credit Note and (the BMSC Letter of Credit Agreement"Note").

Appears in 1 contract

Sources: Credit Agreement (American Coin Merchandising Inc)

Computation and Payment. Interest shall be computed on the basis of ----------------------- a 360-day year, actual days elapsed. Interest shall be payable at the times and place set forth in the Line of Credit Note and the BMSC Letter of Credit AgreementTerm Note .

Appears in 1 contract

Sources: Line of Credit Agreement (Grill Concepts Inc)

Computation and Payment. Interest shall be computed on the basis of ----------------------- a 360-day year, actual days elapsed. Interest shall be payable at the times and place set forth in the Line of Credit Note and (collectively, the BMSC Letter of Credit Agreement"Notes")."

Appears in 1 contract

Sources: Credit Agreement (Harding Lawson Associates Group Inc)

Computation and Payment. Interest shall be computed on the basis of ----------------------- a 360-day year, actual days elapsed. Interest shall be payable at the times and place set forth in the Line of Credit Note and the BMSC Letter of Credit AgreementNote.

Appears in 1 contract

Sources: Credit Agreement (Motorcar Parts & Accessories Inc)