Common use of Computation and Payment Clause in Contracts

Computation and Payment. Interest shall be computed on the basis of a Three Hundred Sixty (360) day year and actual days elapsed. Interest and principal shall be payable at the times and place set forth in the Note.

Appears in 2 contracts

Samples: Loan Agreement (Zagg INC), Loan Agreement (Zagg INC)

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Computation and Payment. Interest shall be computed on the basis of a Three Hundred Sixty three hundred sixty (360) day year and year, actual days elapsed. Interest and principal shall be payable at the times and place set forth in the NoteRevolving Line of Credit Note or other instrument or document required hereby.

Appears in 1 contract

Samples: Credit Agreement (Surmodics Inc)

Computation and Payment. Interest shall be computed on the basis of a Three Hundred Sixty three hundred sixty (360) day year and year, actual days elapsed. Interest and principal shall be payable at the times and place set forth in the Noteeach promissory note or other instrument or document required hereby.

Appears in 1 contract

Samples: Credit Agreement (Chegg, Inc)

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Computation and Payment. Interest shall be computed on the basis of a Three Hundred Sixty three hundred sixty (360) day year and year, actual days elapsed. Interest and principal shall be payable at the times and place set forth in the NoteRevolving Line of Credit Note and each other promissory note or other instrument or document required hereby.

Appears in 1 contract

Samples: Credit Agreement (Nimble Storage Inc)

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