Common use of 365-Day Year Clause in Contracts

365-Day Year. Interest shall be computed on the basis of a three hundred sixty-five (365) day year and the actual number of days elapsed.

Appears in 14 contracts

Samples: Loan and Security Agreement (Celcuity Inc.), Loan and Security Agreement (Rockwell Medical, Inc.), Loan and Security Agreement (MDxHealth SA)

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365-Day Year. Interest shall be computed on the basis of a three hundred sixty365-five (365) day year and for the actual number of days elapsed.

Appears in 3 contracts

Samples: Loan and Security Agreement (Ultra Clean Holdings Inc), Loan and Security Agreement (Ultra Clean Holdings Inc), Loan and Security Agreement (Ultra Clean Holdings Inc)

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365-Day Year. Interest shall be computed on the basis of a three hundred sixty-five (365) day year and the actual number of days elapsed, including the first day and the last day.

Appears in 1 contract

Samples: Loan and Security Agreement (Codexis, Inc.)

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