Common use of Computations Clause in Contracts

Computations. Interest on the Loans shall be computed on the basis of a 360-day year for the actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable.

Appears in 27 contracts

Samples: Security Agreement (Ares Commercial Real Estate Corp), Master Loan and Security Agreement (Aames Investment Corp), Master Loan and Security Agreement (Aames Financial Corp/De)

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Computations. Interest on the all Loans shall be computed on the basis of a 360-day year for the of 360 days and actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable.

Appears in 22 contracts

Samples: Construction Loan Agreement, Loan Agreement (General Growth Properties, Inc.), Loan Agreement (Douglas Emmett Inc)

Computations. Interest on the Loans shall be computed on the basis of a 360-360- day year for the actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable; provided that for any Loan bearing interest based on the Prime Rate, the basis of calculation shall be a 365-day or 366-day year, as applicable, for the actual days elapsed.

Appears in 9 contracts

Samples: Guarantee and Security Agreement, Guarantee and Security Agreement, Loan Agreement (Western Asset Mortgage Defined Opportunity Fund Inc.)

Computations. Interest on the Loans and fees hereunder shall be computed on the basis of a 360-day year of 360 days for the actual number of days elapsed (including the first day but excluding the last day) occurring in the period for which payable.

Appears in 7 contracts

Samples: Revolving Credit Agreement (SecureWorks Corp), Revolving Credit Agreement (SecureWorks Corp), Revolving Credit Agreement (SecureWorks Corp)

Computations. Interest on the Loans shall be computed on the basis of a 360-day year for the actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable. Lender shall determine any rate of interest payable on Loans hereunder, and such determination shall be conclusive and binding, absent manifest error.

Appears in 5 contracts

Samples: Master Loan and Security Agreement (Capital Trust Inc), Loan Agreement (Capital Trust), Master Loan and Security Agreement (Capital Trust)

Computations. Interest on the Loans shall be computed on the basis of a 360-day year for the actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable; provided that for any Loan bearing interest based on the Prime Rate, the basis of calculation shall be a 365-day or 366-day year, as applicable, for the actual days elapsed.

Appears in 4 contracts

Samples: Loan Agreement (Nuveen Mortgage Opportunity Term Fund 2), Loan Agreement (Nuveen Mortgage Opportunity Term Fund 2), Loan Agreement (Nuveen Mortgage Opportunity Term Fund)

Computations. Interest on the Loans shall be computed on the basis of a 360-day year for the actual number of days elapsed (including the first day but excluding the last day) occurring in the period for which payable.

Appears in 4 contracts

Samples: Master Loan and Security Agreement (New Century Financial Corp), Master Loan and Security Agreement (New Century Financial Corp), Master Loan and Security Agreement (New Century Financial Corp)

Computations. Interest on the Loans shall be computed on the ------------ basis of a 360-day year for the actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable.

Appears in 3 contracts

Samples: Master Loan and Security Agreement (Life Financial Corp), Master Loan and Security Agreement (New Century Financial Corp), Master Loan and Security Agreement (Franchise Mortgage Acceptance Co)

Computations. Interest on the Loans shall be computed on the basis of a 360-day year for the of 360 days and actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable.

Appears in 3 contracts

Samples: Credit Agreement (Asm International N V), Loan Agreement (Factory Stores of America Inc), Credit Agreement (Insignia Financial Group Inc /De/)

Computations. Interest on the Loans shall be computed on the basis of a 360-day year for the of 360 days and actual number of days elapsed (including the first day but excluding the last day) occurring in the period for which payable.

Appears in 2 contracts

Samples: Loan Agreement (Aspirational Consumer Lifestyle Corp.), Loan Agreement (Aspirational Consumer Lifestyle Corp.)

Computations. Interest on the Loans shall be computed on the basis of ------------ a 360-day year for the actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable.

Appears in 2 contracts

Samples: Master Loan and Security Agreement (Southern Pacific Funding Corp), Master Loan and Security Agreement (Southern Pacific Funding Corp)

Computations. Interest on the all Loans shall be computed on the basis of a 360-day year for the of 360 days and actual days elapsed (including the first day but excluding the last day) occurring in the period for which payableapplicable period.

Appears in 2 contracts

Samples: Acquisition and Project Loan Agreement (Acadia Realty Trust), Assignment and Assumption (Acadia Realty Trust)

Computations. Interest on the Loans Loan shall be computed on the basis of a 360-day year for the of 360 days and actual days elapsed (including the first day but excluding the last day) occurring in the period for which such interest is payable.

Appears in 2 contracts

Samples: Credit Agreement (Tim Participacoes Sa), Credit Agreement (Tim Participacoes Sa)

Computations. Interest on the Loans Loan shall be computed on the basis of a 360-day year for the actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable.

Appears in 2 contracts

Samples: Loan and Security Agreement (NexPoint Real Estate Finance, Inc.), Loan and Security Agreement (NexPoint Real Estate Finance, Inc.)

Computations. Interest on the Loans Loan shall be computed on the basis of a 360-day year for the of 360 days and actual days elapsed (including the first day but excluding the last daylast) occurring in the period for which payable.

Appears in 1 contract

Samples: Loan Agreement (Conquest Industries Inc)

Computations. Interest on the Loans shall be computed on the basis ------------ of a 360-day year for the actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable.

Appears in 1 contract

Samples: Novastar Financial Inc

Computations. Interest on the Loans shall be computed on the basis of a 360-day year for of 360 days and the actual number of days elapsed (including the first day but excluding the last day) occurring in the period for which interest shall be payable.

Appears in 1 contract

Samples: Loan Agreement (Vitro Sa De Cv)

Computations. Interest on the Loans each Loan shall be computed on the basis of a 360-day year for the of 360 days and actual days elapsed (including the first day but excluding the last daylast) occurring in the period for which payable.

Appears in 1 contract

Samples: Loan Agreement

Computations. Interest on the any Loans shall be computed on the basis of a 360-day year for the of 360 days and actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable.

Appears in 1 contract

Samples: Consent and Acknowledgment Agreement (Kenon Holdings Ltd.)

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Computations. Interest on the Loans shall be computed on the basis of a 360-day year for the actual days elapsed (including the first day but not excluding the last day) occurring in the period for which payable.

Appears in 1 contract

Samples: Loan and Security Agreement (Allied Capital Corp)

Computations. Interest on the Loans shall be computed on the basis of ------------- basisof a 360-day year for the actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable.

Appears in 1 contract

Samples: Master Loan and Security Agreement (New Century Financial Corp)

Computations. Interest on the Loans shall be computed on the basis of a 360-day year for the actual days elapsed (including the first day but excluding the last day) occurring in the period for which such interest is payable.

Appears in 1 contract

Samples: Loan and Security Agreement (Dvi Inc)

Computations. Interest on the Loans shall be computed on the basis of a 360-day year for the of 360 days and actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable.

Appears in 1 contract

Samples: Revolving Credit Agreement (Boston Technology Inc)

Computations. Interest on the Loans and fees hereunder shall be computed on the basis of a 360-day year of 360 days for the actual number of days elapsed (including the first day but excluding the last thelast day) occurring in the period for which payable.

Appears in 1 contract

Samples: Revolving Credit Agreement (SecureWorks Corp)

Computations. Interest on the Loans shall be computed on the basis of a 360-day year for the actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable.

Appears in 1 contract

Samples: Loan and Security Agreement (Onyx Acceptance Corp)

Computations. Interest on the Loans any Loan shall be computed on the basis of a 360-day year for the of 360 days and actual days elapsed (including the first day but excluding the last day) occurring in the period for which interest is payable.

Appears in 1 contract

Samples: Credit Agreement (Iusacell Group S a De C V)

Computations. Interest on the Loans shall be computed on the basis of a 360-day year for the of 360 days and actual days elapsed (including the first day but excluding the last day) occurring in the period for which such interest is payable.

Appears in 1 contract

Samples: Credit Agreement (Copamex Industries Inc)

Computations. Interest on the Loans each Loan shall be computed on the basis of a 360-day year for of 360 days and the actual number of days elapsed (including the first day but excluding the last day) occurring in the period for which payable.

Appears in 1 contract

Samples: Credit Agreement (Starwood Hotel & Resorts Worldwide Inc)

Computations. Interest on the Borrower Loans shall be ------------ computed on the basis of a 360-day year for the of 360 days and actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable.

Appears in 1 contract

Samples: Credit Agreement (Alpha Industries Inc)

Computations. Interest on the Loans and fees hereunder shall be computed on the basis of a 360-day year for the of 360 days and actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Southwest Airlines Co)

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