Common use of Interest on the Notes Clause in Contracts

Interest on the Notes. Subject to the provisions of Section 2.5, the Notes shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days) at the Interest Rate, payable in accordance with the Notes.

Appears in 2 contracts

Sources: Loan Agreement (Opinion Research Corp), Loan Agreement (Opinion Research Corp)

Interest on the Notes. Subject to the provisions of Section SECTION 2.5, the Notes shall bear interest (computed on the basis of the actual number of days elapsed over a year of 360 days) at the Interest Rate, payable in accordance with the Notes.

Appears in 1 contract

Sources: Investment Agreement (Premier Finance Biloxi Corp)