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Common use of Computation Clause in Contracts

Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 day year for the actual number of days elapsed.

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 year, in each case, for the actual number of days elapsedelapsed 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 fees chargeable under the Loan Documents shall be computed on the basis of a 360 360-day year for the actual number of days elapsed.

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 fees chargeable under the Loan Documents shall be computed on the basis of a 360 day year for the actual number of days elapsed.

Appears in 3 contracts

Samples: Loan and Security Agreement (Viveve Medical, Inc.), Loan and Security Agreement (Anthera Pharmaceuticals Inc), Loan and Security Agreement (Asyst Technologies Inc /Ca/)

Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 360-day year for the actual number of days elapsed.

Appears in 2 contracts

Samples: Loan and Security Agreement (Asante Solutions, Inc.), Loan and Security Agreement (Asante Solutions, Inc.)

Computation. All interest and fees chargeable under the Loan Documents shall will be computed on the basis of a 360 360-day year for the actual number of days elapsed.

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 will be computed on the basis of a 360 day year for the actual number of days elapsed.

Appears in 1 contract

Samples: Credit Agreement (Wisekey International Holding S.A.)

Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 day year year, in each case, for the actual number of days elapsedelapsed 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 for the actual number of days elapsed.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 360 365 (or 366, for any leap year) day year for the actual number of days elapsed.

Appears in 1 contract

Samples: Term Loan Agreement (Phibro Animal Health Corp)

Computation. All interest and fees chargeable under the Loan ----------- Documents shall be computed on the basis of a 360 day year for the actual number of days elapsed.

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 360 365 day year (366 for leap years) for the actual number of days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Tectonic Network, Inc)