Actual Days definition

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Actual Days means, with respect to each Coupon Period, the actual number of calendar days in such Coupon Period.

Actual Days means, in relation to each Interest Period, the number of calendar days in such Interest Period.

Examples of Actual Days in a sentence

Interest Formula: Interest = Principal × Actual Days × Daily Interest Rate.
If such Employees render less than a month of service, their vacation allowance for such month shall be computed as follows: Actual Days of Service Working Days of Leave For 1 to 3 0 For 4 to 6 1/2 For 7 to 9 3/4 For 10 to 12 1 For 13 to 15 1 1/4 For 16 to 18 1 1/2 For 19 or more 1 3/4 The term "actual days of service" shall include paid holidays.
If such Employees render less than a month of service, their sick leave allowance for such month shall be computed as follows: Actual Days of Service Working Days of Leave For 1 to 3 0 For 4 to 6 1/2 For 7 to 9 3/4 For 10 to 12 1 For 13 to 15 1 1/4 For 16 to 18 1 1/2 For 19 or more 1 3/4 The term "actual days of service" shall include paid holidays.
Default Interest for Overdue Loan = the Principal of the Overdue Loan x Daily Default Interest Rate for Overdue Loan x Actual Days Overdue; Interest on Unpaid Default Interest = Payable Default Interest on Overdue Loan x Daily Default Interest Rate for Overdue Loan x Actual Days Overdue.
The formula for interest calculation: Interest = Principal x Actual Days x Daily Rate.

Actual Days means, with respect to each Interest Payment Date, the actual number of calendar days in the immediately preceding Interest Period; and

Actual Days means, with respect to each Coupon Period following the Fixed Coupon Rate Cutoff Date, the actual number of calendar days in such Coupon Period.

Actual Days is the actual numbers of days elapsed from and including the prior Monthly Distribution Date (or, in the case of the first Monthly Distribution Date for which a release amount is calculated, from and including the date a Cash Accumulation Event occurs) to but excluding such Monthly Distribution Date.

Actual Days means, with respect to each Interest Payment Date, the actual number of days in the Interest Period; and “Variable Days” is the actual number of calendar days during such Interest Period on which the Accrual Provision is satisfied.

Actual Days means, in respect of an Interest Accrual Period, the actual number of calendar days in such Interest Accrual Period.