Computation; 360-Day Year. In computing interest, the date of the purchase of any Notes shall be included and the date of payment shall be excluded. Interest shall be computed on the basis of a 360-day year for the actual number of days elapsed.
Appears in 3 contracts
Samples: Note Purchase Agreement (Global Telecom & Technology, Inc.), Note Purchase Agreement (Global Telecom & Technology, Inc.), Note Purchase Agreement (Global Telecom & Technology, Inc.)
