COMPUTATION OF INTEREST AND OTHER CHARGES. Interest and all other charges shall accrue from day to day and shall be computed on the basis of 365 days year and the actual number of days elapsed.
Appears in 2 contracts
Samples: Letter of Credit Facility Agreement (Sterlite Industries (India) LTD), Letter of Credit Facility Agreement (Sterlite Industries (India) LTD)
COMPUTATION OF INTEREST AND OTHER CHARGES. Interest and all other charges shall accrue from day to day and shall be computed on the basis of 365 days days' year in the case of the rupee loans and the actual number of days elapsed.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement
