Common use of Basis of Calculation of Interest Clause in Contracts

Basis of Calculation of Interest. Interest under Clause 11.3 shall accrue from day to day and shall be computed on the basis of the actual number of days elapsed and a year of 360 days.

Basis of Calculation of Interest. Interest under Clause 11.3 11.2 shall accrue from day to day and shall be computed on the basis of the actual number of days elapsed and a year of 360 days365 days or 366 days (as the case may be).

Basis of Calculation of Interest. Interest under Clause 11.3 9.2 shall accrue from day to day and shall be computed on the basis of the actual number of days elapsed and a year of 360 days.

Basis of Calculation of Interest. Interest under Clause 11.3 8.2 shall accrue from day to day and shall be computed on the basis of the actual number of days elapsed and a year of 360 days365 days or 366 days (as the case may be).

Basis of Calculation of Interest. Interest under Clause 11.3 12.3 shall accrue from day to day and shall be computed on the basis of the actual number of days elapsed and a year of 360 days365 or 366 days (as the case may be).

Basis of Calculation of Interest. Interest under Clause 11.3 10.2 shall accrue from day to day and shall be computed on the basis of the actual number of days elapsed and a year of 360 days.