Common use of Day count convention Clause in Contracts

Day count convention. Any amount due under this Contract and calculated in respect of a fraction of a year shall be determined based on a year of 360 (three hundred and sixty) days and a month of 30 (thirty) days.

Appears in 9 contracts

Sources: Finance Contract (Edap TMS Sa), Finance Contract (Brenmiller Energy Ltd.), Finance Contract (Inventiva S.A.)

Day count convention. Any amount due under this Contract and calculated in respect of a fraction of a year shall be determined based on a year of 360 (three hundred and sixty) days and a month of 30 (thirty) days.;

Appears in 3 contracts

Sources: Amendment Agreement (Nanobiotix S.A.), Finance Contract (Nanobiotix S.A.), Finance Contract (Nanobiotix S.A.)

Day count convention. Any amount due under this Contract and calculated in respect of a fraction of a year shall be determined based on on, in respect of interest and indemnities due under a Tranche and the PIK Interest, a year of 360 (three hundred and sixtysixty (360) days and a month of 30 thirty (thirty30) days.

Appears in 2 contracts

Sources: Finance Contract (BiondVax Pharmaceuticals Ltd.), Amendment Agreement (BiondVax Pharmaceuticals Ltd.)

Day count convention. Any amount due by way of interest, indemnity or fee from the Borrower under this Contract and calculated Contract, shall in respect of a fraction of a year shall year, be determined based calculated on the basis of a year of 360 (three hundred and sixty) days and a month the number of 30 (thirty) daysdays elapsed.

Appears in 1 contract

Sources: Amendment and Restatement Agreement (Opgen Inc)

Day count convention. Any amount due under this Contract and calculated in respect of a fraction of a year shall be determined based on on, in respect of interest and indemnities due under the Loan, a year of 360 (three hundred and sixtysixty (360) days and a month of 30 thirty (thirty30) days.

Appears in 1 contract

Sources: Loan Restructuring Agreement (Scinai Immunotherapeutics Ltd.)