Common use of Day Count Fraction Clause in Contracts

Day Count Fraction. “Day Count Fraction” means with regard to the calculation of interest on the Loan for any period of time (the “Calculation Period”), the actual number of days in the Calculation Period divided by 360.

Appears in 1 contract

Sources: Assignable Loan Agreement (Sherwin Williams Co)

Day Count Fraction. Day Count Fraction” means with regard to Fraction means, in respect of the calculation of an amount of interest on the Loan for any period of time (the Calculation Period”), the actual number of days in the Calculation Period divided by 360.) :

Appears in 1 contract

Sources: Loan Agreement

Day Count Fraction. Day Count Fraction” means with regard to Fraction means, in respect of the calculation of an amount of interest on the Loan for any period of time (the Calculation Period”), ) the actual number of days in the Calculation Period divided by 360.

Appears in 1 contract

Sources: Schuldschein Loan Agreement