Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 day year, in each case, for the actual number of days elapsed in the period during which the interest or fees accrue.
Appears in 23 contracts
Samples: Term Loan and Security Agreement (Genasys Inc.), Term Loan and Security Agreement, Credit Agreement (Endologix Inc /De/)
Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 day year, in each case, year for the actual number of days elapsed in the period during which the interest or fees accrueelapsed.
Appears in 21 contracts
Samples: Loan and Security Agreement (Atlanticus Holdings Corp), Loan and Security Agreement (Atlanticus Holdings Corp), Loan Agreement (Gordmans Stores, Inc.)
Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 360-day year, in each case, for the actual number of days elapsed in the period during which the interest or fees accrue. In the event the Base Rate is changed from time to time hereafter, the rates of interest hereunder based upon the Base Rate automatically and immediately shall be increased or decreased by an amount equal to such change in the Base Rate.
Appears in 19 contracts
Samples: Credit Agreement (Kaiser Aluminum Corp), Credit Agreement (BOISE CASCADE Co), Credit Agreement (BOISE CASCADE Co)
Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 360-day year, in each case, for the actual number of days elapsed in the period during which the interest or fees accrue.
Appears in 7 contracts
Samples: Term Loan Credit Agreement (Nautilus, Inc.), Credit Agreement (Nuverra Environmental Solutions, Inc.), Credit Agreement (Nuverra Environmental Solutions, Inc.)
Computation. All interest and applicable fees chargeable under the Loan Documents shall be computed on the basis of a 360 three hundred sixty (360) day year, in each case, for the actual number of days elapsed in the period during which the interest or fees accrue.
Appears in 6 contracts
Samples: Credit Agreement (Acreage Holdings, Inc.), Credit Agreement (Acreage Holdings, Inc.), Credit Agreement (Canopy Growth Corp)
Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 360-day year, in each case, year for the actual number of days elapsed in the period during which the interest or fees accrueelapsed.
Appears in 5 contracts
Samples: Term Loan Agreement, Term Loan Agreement (Phibro Animal Health Corp), Loan Agreement (American Restaurant Group Inc)
Computation. All interest and applicable fees chargeable under the Loan Documents shall be computed on the basis of a 360 three hundred sixty five (365) day year, in each case, for the actual number of days elapsed in the period during which the interest or fees accrue.
Appears in 4 contracts
Samples: Credit Agreement (Jushi Holdings Inc.), Credit Agreement (Jushi Holdings Inc.), Credit Agreement (Jushi Holdings Inc.)
Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 365 day year, in each case, for the actual number of days elapsed in the period during which the interest or fees accrue.
Appears in 2 contracts
Samples: Credit Agreement (Jack Cooper Holdings Corp.), Credit Agreement (Jack Cooper Holdings Corp.)
Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 365 day year, in each case, for the actual number of days elapsed in the period during which the interest or fees accrue. In the event the Base Rate is changed from time to time hereafter, the rates of interest hereunder based upon the Base Rate automatically and immediately shall be increased or decreased by an amount equal to such change in the Base Rate.
Appears in 2 contracts
Samples: Credit Agreement (Glass House Brands Inc.), Credit Agreement (Glass House Brands Inc.)
Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 day year, in each case, for the actual number of days elapsed in the period during which the interest or fees accrue; provided that in the event of any repayment or prepayment of the Loans, accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment.
Appears in 2 contracts
Samples: Second Lien Seller Term Loan Credit Agreement (Forum Energy Technologies, Inc.), Second Lien Seller Term Loan Credit Agreement (Forum Energy Technologies, Inc.)
Computation. All interest and fees chargeable under the Loan Documents shall will be computed on the basis of a 360 360-day year, in each case, year for the actual number of days elapsed in the period during which the interest or fees accrueelapsed.
Appears in 2 contracts
Samples: Loan and Security Agreement (Hightimes Holding Corp.), Loan and Security Agreement (Origo Acquisition Corp)
Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 360-day year, in each case, for the actual number of days elapsed in the period during which the interest or fees accrue; provided, however, subject to the terms of Section 5.16, accrued interest shall be applied by Agent on account of the Bank Obligations on the same Business Day of Agent’s receipt of such interest payment.
Appears in 2 contracts
Samples: Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Alion Science & Technology Corp)
Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 day year, in each case, for the actual number of days elapsed in the period during which the interest or fees accrue; provided that Index Rate Loans shall, in each case, be calculated on the basis of a 365 day year (or a 366 day year, in the case of a leap year).
Appears in 1 contract
Samples: Credit Agreement (Intapp, Inc.)
Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 day year, in each case, for the actual number of days elapsed in the period during which the interest or fees accrue.. In the event the Base Rate is changed from time to time hereafter,
Appears in 1 contract
Samples: Credit Agreement (EGAIN Corp)
Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 365 day year, in each case, for the actual number of days elapsed in the period during which the interest or fees accrue...
Appears in 1 contract
Samples: Credit Agreement (Dixie Group Inc)
Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 day year, in each case, for the actual number n umber of days elapsed in the period during which the interest or fees accrue.. In the event the Base Rate is changed from time to time hereafter,
Appears in 1 contract
Samples: Credit Agreement (Independence Contract Drilling, Inc.)
Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 365/366 day year, in each case, for the actual number of days elapsed in the period during which the interest or fees accrue.
Appears in 1 contract
Samples: Credit Agreement (Pernix Therapeutics Holdings, Inc.)
Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 360-day year, in each case, year for the actual number of days elapsed elapsed. The rates of interest hereunder based upon the Base Rate automatically and immediately shall be increased or decreased by an amount equal to any change in the period during which the interest or fees accrueBase Rate.
Appears in 1 contract
Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 365 (or 366, for any leap year) day year, in each case, year for the actual number of days elapsed in the period during which the interest or fees accrueelapsed.
Appears in 1 contract
Computation. All interest and fees chargeable under the Loan ----------- Documents shall be computed on the basis of a 360 day year, in each case, year for the actual number of days elapsed in the period during which the interest or fees accrueelapsed.
Appears in 1 contract
Samples: Loan and Security Agreement (Citadel Security Software Inc)
Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 day year, in each case, year for the actual number of days elapsed in the period during which the interest or fees accrue.days
Appears in 1 contract
Samples: Loan and Security Agreement (Hudson Highland Group Inc)
Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 day year, in each case, for the actual number of days elapsed in the period during which the interest or fees accrue.. 2311
Appears in 1 contract
