Common use of Additional Interest Provisions Clause in Contracts

Additional Interest Provisions. a. Interest 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 4 contracts

Samples: Credit Loan Agreement (Loop Media, Inc.), Credit Loan Agreement (Loop Media, Inc.), Credit Loan Agreement (Loop Media, Inc.)

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Additional Interest Provisions. a. a.Interest 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 Loan Agreement (Loop Media, Inc.), Credit Loan Agreement (Loop Media, Inc.)

Additional Interest Provisions. a. a.Interest on the Obligations 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: Accounts and Security Agreement

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Additional Interest Provisions. a. Interest on the Obligations 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: Sale of Accounts and Security Agreement (Intercloud Systems, Inc.)

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