Calculation. Interest will be computed on the basis of a year of 360 days and paid for the actual number of days elapsed.
Appears in 23 contracts
Samples: Loan Agreement (MVC Capital, Inc.), Loan Agreement (MVC Capital, Inc.), Revolving Credit Loan Agreement (Hersha Hospitality Trust)
Calculation. Interest will shall be computed calculated on the basis of a year of 360 days and paid for the actual number of days elapsedelapsed over a year assumed to have 360 days.
Appears in 3 contracts
Samples: Boston Restaurant Associates Inc, Boston Restaurant Associates Inc, Viisage Technology Inc
Calculation. Interest will be computed on the basis of a year of 360 days comprised of twelve (12) 30-day months and paid for the actual number of days elapsed.
Appears in 1 contract
Samples: Loan and Security Agreement (Healthcare Imaging Services Inc)