Computation; 360-Day Year. In computing interest, the date of the making of the Term Advance #2 shall be included and the date of payment shall be excluded; provided, however, that if the Term Advance #2 is repaid on the same day on which it is made, such day shall be included in computing interest on the Term Advance #2. Interest shall be computed on the basis of a 360-day year for the actual number of days elapsed.
Appears in 1 contract
Samples: First Loan Modification Agreement (Everyday Health, Inc.)
Computation; 360-Day Year. In computing interestinterest for Advances, the date of the making of the Term Advance #2 is funded shall be included and the date of payment shall be excluded; provided, however, that if the Term any Advance #2 is repaid on the same day on which it is made, such day shall be included in computing interest on the Term Advance #2such Advance. Interest shall be computed on the basis of a 360-day year for the actual number of days elapsed.
Appears in 1 contract
Samples: Loan and Security Agreement (Osprey Technology Acquisition Corp.)
Computation; 360-Day Year. In computing interest, the date of the making of the any Term Advance #2 shall be included and the date of payment shall be excluded; provided, however, that if the any Term Advance #2 is repaid on the same day on which it is made, such day shall be included in computing interest on the such Term Advance #2Advance. Interest shall be computed on the basis of a 360-day year for the actual number of days elapsed.
Appears in 1 contract
Computation; 360-Day Year. In computing interest, the date of the making of the Term Advance #2 shall be included and the date of payment shall be excluded; provided, however, that if the Term Advance #2 is repaid on the same day on which it is made, such day shall be included in computing interest on the Term Advance #2Advance. Interest shall be computed on the basis of a 360-day year for the actual number of days elapsed.
Appears in 1 contract
Samples: Loan and Security Agreement (Everyday Health, Inc.)
Computation; 360-Day Year. In computing interest, the date of the making of the Term any Advance #2 shall be included and the date of payment shall be excluded; provided, however, that if the Term any Advance #2 is repaid on the same day on which it is made, such day shall be included in computing interest on the Term Advance #2such Advance. Interest shall be computed on the basis of a 360-day year for the actual number of days elapsed.
Appears in 1 contract
Samples: Loan and Security Agreement (Crossroads Systems Inc)
