Common use of COMPUTATION OF INTEREST AND OTHER CHARGES Clause in Contracts

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 in the case of the rupee loans and the actual number of days elapsed.

Appears in 2 contracts

Samples: www.ireda.in, www.ireda.in

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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: Letter of Credit Facility Agreement (Sterlite Industries (India) LTD), Letter of Credit Facility Agreement (Sterlite Industries (India) LTD)

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