Finance and Other Charges. (A) Finance charges shall be calculated by multiplying the applicable Delinquency Fee Rate, Product Financing Charge or A/R Finance Charge provided for in this Agreement by Customer's applicable Average Daily Balance. The Delinquency Fee Rate, the Product Financing Charge and the various A/R Finance Charges provided for in this Agreement are each computed on the basis of an actual day, 360 day year.
Appears in 7 contracts
Samples: Financing Agreement (En Pointe Technologies Inc), Capital Financing Agreement (Litronic Inc), Financing Agreement (Western Micro Technology Inc)
Finance and Other Charges. (A) Finance charges shall be calculated by multiplying the applicable Delinquency Fee Rate, Rate or Product Financing Charge or A/R Finance Charge provided for in this Agreement by Customer's applicable Average Daily Balance. The Delinquency Fee Rate, Rate or the Product Financing Charge and the various A/R Finance Charges provided for in this Agreement are each computed on the basis of an actual day, 360 day year.
Appears in 2 contracts
Samples: Agreement for Inventory Financing (Compucom Systems Inc), Pc Connection Inc
Finance and Other Charges. (A) Finance charges shall be calculated by multiplying the applicable Delinquency Fee Rate, Product Financing Advance Charge or A/R Finance Charge provided for in this Agreement by Customer's applicable Average Daily Balance. The Delinquency Fee Rate, the Product Financing Advance Charge and the various A/R Finance Charges provided for in this Agreement are each computed on the basis of an actual day, 360 day year.
Appears in 2 contracts
Samples: Capital Financing Agreement (Ameriquest Technologies Inc), Capital Financing Agreement (Ameriquest Technologies Inc)
Finance and Other Charges. (A) Finance charges shall be calculated by multiplying the applicable Delinquency Fee Rate, Product Financing Term Loan Finance Charge or A/R Finance Charge provided for in this Agreement by Customer's applicable Average Daily Balance. The Delinquency Fee Rate, the Product Financing Term Loan Finance Charge and the various A/R Finance Charges Charge provided for in this Agreement are each computed on the basis of an actual day, 360 day year.
Appears in 2 contracts
Samples: Working Capital Financing and Term Loan Agreement (Radius Inc), Financing and Term Loan Agreement (Ibm Credit Corp)
Finance and Other Charges. (A) Finance charges shall be calculated by multiplying the applicable Delinquency Fee Rate, Product Financing Charge Rate or A/R Finance Charge provided for in this Agreement by Customer's applicable Average Daily Balance. The Delinquency Fee Rate, the Product Financing Charge Rate and the various A/R Finance Charges provided for in this Agreement are each computed on the basis of an actual day, 360 day year.
Appears in 2 contracts
Samples: Financing Agreement (Xlconnect Solutions Inc), Capital Financing Agreement (Ameriquest Technologies Inc)
Finance and Other Charges. (A) Finance charges shall be calculated by multiplying the applicable Delinquency Fee Rate, Product Financing Charge or Charge, A/R Finance Charge or Term Loan Finance Charge provided for in this Agreement by Customer's Customers' applicable Average Daily Balance. The Delinquency Fee Rate, the Product Financing Charge and Charge, the various A/R Finance Charges and the Term Loan Finance Charge provided for in this Agreement are each computed on the basis of an actual daydays elapsed, 360 and a 360-day year.
Appears in 1 contract
Samples: Financing Agreement (Savoir Technology Group Inc/De)
