Interest Calculation. Except as otherwise stated in this Agreement, all interest and fees, if any, will be computed on the basis of a 360-day year and the actual number of days elapsed. This results in more interest or a higher fee than if a 365-day year is used.
Appears in 54 contracts
Samples: Business Loan Agreement (Remedytemp Inc), Business Loan Agreement (Salick Health Care Inc), Loan Agreement (Il Fornaio America Corp)
Interest Calculation. Except as otherwise stated in this Agreement, all interest and fees, if any, will be computed on the basis of a 360-360 day year and the actual number of days elapsed. This results in more interest or a higher fee than if a 365-day year is used. Notwithstanding the foregoing, interest at the Maximum Rate will always be computed on the basis of a 365-day year and the actual number of days elapsed.
Appears in 6 contracts
Samples: Agreement (Ico Inc), Business Loan Agreement (Powell Industries Inc), Loan Agreement (Temtex Industries Inc)
Interest Calculation. Except as otherwise stated in this Agreement, all interest and fees, if any, will be computed on the basis of a 360-360 day year and the actual number of days elapsed. This results in more interest or a higher fee than if a 365-day year is used.
Appears in 5 contracts
Samples: Loan Agreement (Image Entertainment Inc), Security Agreement (Cerprobe Corp), America Business Loan Agreement (Sunrise Preschools Inc/De/)
Interest Calculation. Except as otherwise stated in this Agreement, all All interest and fees, if any, fees under this Agreement will be computed on the basis of a 360-day year and the actual number of days elapsed. This results in more interest or a higher fee than if a 365-day year is used.
Appears in 2 contracts
Samples: Business Loan Agreement (Hawker Pacific Aerospace), Business Loan Agreement (Hawker Pacific Aerospace)
Interest Calculation. Except as otherwise stated in this Agreement, all interest and fees, if any, will be computed on the basis of a 360365-day year and the actual number of days elapsed. This results in more interest or a higher fee than if a 365-day year is used.
Appears in 2 contracts
Samples: America Business Loan Agreement (Travis International Inc), Travis International Inc
Interest Calculation. Except as otherwise stated in this Agreement, all All interest and fees, if any, fees under this Agreement will be computed on the basis of a 360-day year and the actual number of days elapsed. This results in more interest or a higher fee than if a 365-day year is used.. 8.10
Appears in 1 contract
Interest Calculation. Except as otherwise stated in this Agreement, all All interest and fees, if any, will be computed on the basis of a 360-360 day year and the actual number of days elapsed. This results in more interest or a higher fee than if a 365-day year is used.,
Appears in 1 contract
Interest Calculation. Except as otherwise stated in this Agreement, all interest and fees, if any, will be computed on the basis of a 360360 day year and the actual number of days elapsed. Notwithstanding the foregoing, interest at the Maximum Rate will always be computed on the basis of a 365-day year and the actual number of days elapsed. This results in more interest or a higher fee than if a 365-day year is used.
Appears in 1 contract
Samples: Ba Merchant Services Inc
Interest Calculation. Except as otherwise stated in this Agreement, all interest and fees, if any, will be computed on the basis of a 360-360 day year and the actual number of days elapsed. This results in more interest or a higher fee than if a 365-day year is used.. -------------------------------------------------------------------------------- -2- 3 5.6
Appears in 1 contract
Interest Calculation. Except as otherwise stated in this Agreement, all interest and fees, if any, will be computed on the basis of a 360-365 day year and the actual number of days elapsed. This results in more interest or a higher fee than if a 365-day year is used.
Appears in 1 contract
Samples: America Business Loan Agreement (Travis International Inc)
Interest Calculation. Except as otherwise stated in this Agreement, all interest and fees, if any, will be computed on the basis of a 360-day year and the actual number of days elapsed. This results in more interest or a higher fee than if a 365-day year is used.interest
Appears in 1 contract
Samples: Jerrys Famous Deli Inc
Interest Calculation. Except as otherwise stated in this Agreement, all All interest and fees, if any, will be computed on the basis of a 360-360 day year and the actual number of days elapsed. This results in more interest or a higher fee than if a 365-day year is used.
Appears in 1 contract
Interest Calculation. Except as otherwise stated in this Agreement, all All interest and fees, if any, will be computed on the basis of a 360-day year and the actual number of days elapsed. This results in more interest or a higher fee than if a 365-day year is used.
Appears in 1 contract
Interest Calculation. Except as otherwise stated in this Agreement, all interest and fees, if any, will be computed on the basis of a 360-day year and the actual number of days elapsed. This results in more interest or a higher fee than if a 365-365- day year is used.
Appears in 1 contract
Samples: Loan Agreement (Flir Systems Inc)
