Additional Interest Provisions. a. Interest on the Loans shall be calculated on the basis of a year of three hundred sixty (360) days but charged for the actual number of days elapsed.
Appears in 10 contracts
Samples: Loan and Security Agreement (Amerinac Holding Corp.), Loan Agreement (Lightpath Technologies Inc), Loan and Security Agreement (Amerinac Holding Corp.)
Additional Interest Provisions. a. (a) Interest on the Loans shall be calculated on the basis of a year of three hundred sixty (360) days but charged for the actual number of days elapsed.
Appears in 5 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement (Rti Surgical, Inc.)
Additional Interest Provisions. a. Interest on the Loans Loan shall be calculated on the basis of a year of three hundred sixty (360) days but and charged for the actual number of days elapsed.
Appears in 2 contracts
Samples: Loan and Security Agreement (Innovive Pharmaceuticals, Inc.), Loan and Security Agreement (Cytrx Corp)
Additional Interest Provisions. a. (a) Interest on the Loans Loans, regardless of the rate option, shall be calculated on the basis of a year of three hundred sixty (360) days but charged for the actual number of days elapsed.
Appears in 2 contracts
Samples: Credit Agreement (Phoenix Md Realty LLC), Loan and Security Agreement (Phoenix Color Corp)
Additional Interest Provisions. a. (a) Interest on the Loans shall be calculated based on the basis of a year of three hundred sixty (360) days but day year and charged for the actual number of days elapsed.
Appears in 2 contracts
Samples: Loan and Security Agreement (Resource America, Inc.), Loan and Security Agreement (Resource America Inc)
Additional Interest Provisions. a. Interest on the Loans Loan shall be calculated on the basis of a year of three hundred sixty (360) days but charged for the actual number of days elapsed.
Appears in 1 contract
Samples: Loan and Security Agreement (Point Therapeutics Inc)
Additional Interest Provisions. a. (a) Calculation of Interest: Interest on all Loans and other ----------------------- Obligations, regardless of the Loans rate option, shall be calculated based on the basis of a year of three hundred sixty (360) days but day year and charged for the actual number of days elapsed.
Appears in 1 contract
Samples: Loan and Security Agreement (Telespectrum Worldwide Inc)
Additional Interest Provisions. a. (a) Calculation of Interest: Interest on the Loans shall be calculated based on the basis of ----------------------- a year of three hundred sixty (360) days but day year comprised of twelve 30-day months and charged for the actual number of days elapsed.
Appears in 1 contract
Samples: Loan and Security Agreement (Bankvest Capital Corp)
Additional Interest Provisions. a. (i) Interest on the Loans Loans, regardless of the rate option, shall be calculated on the basis of a year of three hundred sixty (360) days but charged for the actual number of days elapsed.
Appears in 1 contract
Samples: Loan and Security Agreement (Crown Central Petroleum Corp /Md/)
Additional Interest Provisions. a. Interest on the Loans shall be calculated on the basis of a year of three hundred sixty five or three hundred sixty six (360365/366) days days, as applicable, but charged for the actual number of days elapsed.
Appears in 1 contract
Additional Interest Provisions. a. (a) Calculation of Interest: Interest on the Loans Loans, regardless of the ----------------------- rate option, shall be calculated based on the basis of a year of three hundred sixty (360) days but day year and charged for the actual number of days elapsed.
Appears in 1 contract
Samples: Loan and Security Agreement (Telespectrum Worldwide Inc)
