Common use of 360-Day Year Clause in Contracts

360-Day Year. Interest shall be computed on the basis of a three hundred sixty (360) day year consisting of twelve (12) months of thirty (30) days.

Appears in 85 contracts

Samples: Loan and Security Agreement (Pulmonx Corp), Loan and Security Agreement (Inhibrx, Inc.), Loan and Security Agreement (Inhibrx, Inc.)

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360-Day Year. Interest shall be computed on the basis of a three hundred sixty (360) day year consisting for the actual number of twelve (12) months of thirty (30) daysdays elapsed.

Appears in 46 contracts

Samples: Loan and Security Agreement (Vapotherm Inc), Loan and Security Agreement (Vapotherm Inc), Note Purchase Agreement (5E Advanced Materials, Inc.)

360-Day Year. Interest shall be computed on the basis of a three hundred sixty (360) -day year consisting of twelve (12) months of thirty (30) days.

Appears in 23 contracts

Samples: Loan and Security Agreement (Omeros Corp), Loan and Security Agreement (Vitae Pharmaceuticals, Inc), Loan and Security Agreement (Vitae Pharmaceuticals, Inc)

360-Day Year. Interest shall be computed on the basis of a three hundred sixty (360) -day year consisting of twelve (12) months of thirty (30) days-day months.

Appears in 11 contracts

Samples: Loan and Security Agreement (Hyperion Therapeutics Inc), Loan and Security Agreement (Advanced BioHealing Inc), Loan and Security Agreement (Alphatec Holdings, Inc.)

360-Day Year. Interest shall be computed on the basis of a three hundred sixty (360) day year consisting and the actual number of twelve (12) months of thirty (30) daysdays elapsed.

Appears in 11 contracts

Samples: Subordinated Business Loan and Security Agreement (American Rebel Holdings Inc), Revenue Based Factoring Mca Plus Agreement (Blue Star Foods Corp.), Subordinated Business Loan and Security Agreement (Blue Star Foods Corp.)

360-Day Year. Interest shall be is computed on the basis of a three hundred sixty (360) day year consisting for the actual number of twelve (12) months of thirty (30) daysdays elapsed.

Appears in 10 contracts

Samples: Loan Modification Agreement (A123 Systems, Inc.), Loan Modification Agreement (A123 Systems, Inc.), Loan and Security Agreement (LTX Corp)

360-Day Year. Interest shall be computed on the basis of a three hundred sixty (360) -day year consisting of comprising twelve (12) months consisting of thirty (30) days.

Appears in 7 contracts

Samples: Loan and Security Agreement (Complete Genomics Inc), Loan and Security Agreement (Complete Genomics Inc), Loan and Security Agreement (Cryocor Inc)

360-Day Year. Interest shall be computed on the basis of a three hundred sixty (360) day year consisting year, and the actual number of twelve (12) months of thirty (30) daysdays elapsed.

Appears in 5 contracts

Samples: Loan and Security Agreement (Inspire Medical Systems, Inc.), Loan and Security Agreement (Inspire Medical Systems, Inc.), Loan and Security Agreement (Anaptysbio Inc)

360-Day Year. Interest shall be computed on the basis of a three hundred sixty (360) day year consisting of twelve (12) months of thirty (30) daysdays for the actual days elapsed.

Appears in 3 contracts

Samples: Loan and Security Agreement (Relypsa Inc), Loan and Security Agreement (Relypsa Inc), Loan and Security Agreement (Relypsa Inc)

360-Day Year. Interest shall be computed on the basis of a three hundred sixty (360) -day year consisting of twelve (12) months of thirty (12 30) days-day months.

Appears in 2 contracts

Samples: Loan and Security Agreement (Cerus Corp), Loan and Security Agreement (Cerus Corp)

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360-Day Year. Interest Subject to paragraph (f) below, interest shall be computed on the basis of a three hundred sixty (360) day year consisting for the actual number of twelve (12) months of thirty (30) daysdays elapsed.

Appears in 2 contracts

Samples: Loan and Security Agreement (LumiraDx LTD), Loan and Security Agreement (LumiraDx LTD)

360-Day Year. Interest shall be computed on the basis of a three hundred sixty (360) day year year, consisting of twelve (12) months of thirty (30) days.

Appears in 1 contract

Samples: Loan and Security Agreement (Radius Health, Inc.)

360-Day Year. Interest shall be computed on the basis of a three hundred sixty (360) -day year consisting of twelve (12) months of thirty (30) days-day months.

Appears in 1 contract

Samples: Loan and Security Agreement (Alphatec Holdings, Inc.)

360-Day Year. 360-Day Year. Interest shall be computed on the basis of a three hundred sixty (360) day year consisting year, and the actual number of twelve (12) months of thirty (30) daysdays elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Pulmonx Corp)

360-Day Year. Interest shall be computed on the basis of a three hundred sixty (360) day year consisting of twelve (12) months of thirty (30) days, and shall be compounded annually.

Appears in 1 contract

Samples: Subordination Agreement (Pulmonx Corp)

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