Accrual of interest and periodic payments. All payments of interest and other payments of an annual or periodic nature to be made by the Borrower shall accrue from day to day and be calculated on the basis of the actual number of days elapsed and a 360 day year.
Appears in 5 contracts
Samples: Loan Agreement (KNOT Offshore Partners LP), Loan Agreement (KNOT Offshore Partners LP), Loan Agreement (Euronav NV)
Accrual of interest and periodic payments. All payments of interest and other payments of an annual or periodic nature to be made by the Borrower Obligors shall accrue from day to day and be calculated on the basis of the actual number of days elapsed and a 360 365 day year.
Appears in 2 contracts
Samples: Facility Agreement (Amtrust Financial Services, Inc.), Facility Agreement (Amtrust Financial Services, Inc.)
Accrual of interest and periodic payments. All payments of interest and other payments of an annual or periodic nature to be made by the Borrower Borrowers shall accrue from day to day and be calculated on the basis of the actual number of days elapsed and a 360 day year.
Appears in 1 contract
Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)
Accrual of interest and periodic payments. All payments of commission, interest and other payments of an annual or periodic nature to be made by the Borrower Applicant shall accrue from day to day and be calculated on the basis of the actual number of days elapsed and a 360 day year.
Appears in 1 contract
