Additional Interest Provisions. a. All computations of interest on the Term Loan shall be made on the basis of a three hundred sixty (360) day year and the actual number of days elapsed.
Appears in 2 contracts
Samples: Loan and Security Agreement (JetPay Corp), Loan and Security Agreement (Universal Business Payment Solutions Acquisition Corp)
Additional Interest Provisions. a. All computations of interest on the Term Loan Loans shall be made on the basis of a three hundred sixty (360) day year and the actual number of days elapsed.
Appears in 2 contracts
Samples: Loan and Security Agreement (JetPay Corp), Loan and Security Agreement (JetPay Corp)