Common use of Interest Calculation Convention Clause in Contracts

Interest Calculation Convention. All calculations of interest hereunder that are made with respect to the Notes shall be made on the basis of the actual number of days during the related Interest Accrual Period divided by 360.

Appears in 17 contracts

Samples: Indenture (Arbor Realty Trust Inc), Indenture (Arbor Realty Trust Inc), Indenture (Arbor Realty Trust Inc)

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Interest Calculation Convention. All calculations of interest hereunder that are made with respect to the Notes Debt shall be made on the basis of the actual number of days during the related Interest Accrual Period divided by 360.

Appears in 3 contracts

Samples: Indenture and Credit Agreement (Granite Point Mortgage Trust Inc.), Indenture and Credit Agreement (Terra Property Trust, Inc.), Indenture and Credit Agreement (Terra Secured Income Fund 5, LLC)

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Interest Calculation Convention. All Except as provided in the definition of Note Interest Amount, all calculations of interest and fees hereunder that are made with respect to the Notes shall be made on the basis of the actual number of days during the related Interest Accrual Period divided by 360.

Appears in 1 contract

Samples: Indenture (Sutherland Asset Management Corp)

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