Common use of Calculation of Interest Rates Clause in Contracts

Calculation of Interest Rates. Interest on the unpaid principal of the ----------------------------- Notes shall be calculated on the basis of the actual days elapsed in a year consisting of three hundred sixty (360) days.

Appears in 2 contracts

Samples: Credit Agreement (Us Legal Support Inc), Credit Agreement (Us Legal Support Inc)

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Calculation of Interest Rates. Interest on the unpaid principal of outstanding under the ----------------------------- Notes Note shall be calculated on the basis of the actual days elapsed in a year consisting of three hundred sixty (360) 360 days.

Appears in 2 contracts

Samples: Revolving Credit Loan Agreement (Firstcity Financial Corp), Revolving Credit Loan Agreement (Firstcity Financial Corp)

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Calculation of Interest Rates. Interest on the unpaid principal of the ----------------------------- Notes each Note shall be calculated on the basis of the actual days elapsed in a year consisting of three hundred sixty (360) 365 days.

Appears in 1 contract

Samples: Revolving Credit Agreement (Mobile Gas Service Corp)

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