Common use of Interest Calculation Clause in Contracts

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related relevant Interest Accrual Period for which the such calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate based on the applicable Applicable Interest Rate and a divided by three hundred sixty (360) day year by (c) the outstanding principal balance of balance. The accrual period for calculating interest due on each Payment Date shall be the LoanInterest Accrual Period in which the related Payment Date occurs.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related relevant Interest Period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year (that is, the Interest Rate or the Default Rate, as then applicable, expressed as an annual rate divided by 360) by (c) the outstanding principal balance of balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the Loancalendar month immediately prior to such Monthly Payment Date.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest relevant Accrual Period for which the calculation is being made by (b) a daily rate based on the applicable Applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the then-outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of each Component of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related relevant Interest Period for which the such calculation is being made by (b) a daily rate based on the applicable Interest Rate applicable to such Component and a three hundred sixty (360) day year by (c) the outstanding principal balance of the LoanOutstanding Loan Amount.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate for each such Note and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loaneach such Note.

Interest Calculation. Interest on the outstanding principal balance of the Loan each Note shall be calculated by multiplying (a) the actual number of days elapsed in the related relevant Interest Period for which the such calculation is being made by (b) a daily rate based on the applicable Interest Rate applicable to such Note and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loansuch Note.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance as of the Loanbeginning of the Interest Period.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related applicable Interest Accrual Period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year (that is, the Interest Rate or the Default Rate, as the case may be, divided by three hundred sixty (360)) by (c) the outstanding principal balance of the Loanbalance.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate based on equal to the applicable Interest Rate and a divided by three hundred sixty (360) day year by (c) the outstanding principal balance of the Loanbalance.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the LoanPrincipal balance.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loanbalance.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Accrual Period for which the calculation is being made by (b) a daily rate based on equal to the applicable Applicable Interest Rate and a divided by three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made made, by (b) a daily rate based on equal to the applicable Applicable Interest Rate and a three hundred sixty (divided by 360) day year , by (c) the outstanding principal balance of the Loanbalance.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest relevant Accrual Period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate based on equal to the applicable Applicable Interest Rate and a or the Default Rate, as applicable, divided by three hundred sixty (360) day year by (c) the outstanding principal balance of the Loanbalance.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate based on equal to the applicable Applicable Interest Rate and a three hundred sixty (360) day year divided by 360 by (c) the outstanding principal balance of the Loanbalance.

Interest Calculation. Interest on the outstanding principal balance of each Component of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of each Component of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related relevant Interest Period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate rate described in Section 2.2.3 and a three hundred sixty (360) day year by (c) the outstanding principal balance of such Component of the Loan.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated at the Applicable Interest Rate by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year year, which shall be expressed as the Applicable Interest Rate divided by 360, by (c) the outstanding principal balance of the Loanbalance.

Interest Calculation. Interest on the outstanding principal balance Outstanding Principal Balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest relevant Accrual Period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance then Outstanding Principal Balance of the Loan. Borrower acknowledges that the calculation method for interest described herein results in a higher effective interest rate than the numeric Interest Rate and Borrower hereby agrees to this calculation method.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loanyear.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest relevant Accrual Period for which the calculation is being made by (b) a daily rate based on the applicable Applicable Interest Rate or Default Rate, as applicable, and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of each Note (or each Component, if applicable) of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related relevant Interest Period for which the such calculation is being made by (b) a daily rate based on the applicable Interest Rate applicable to such Note (or Component, if applicable) and a three hundred sixty (360) day year by (c) the outstanding principal balance of the LoanOutstanding Loan Amount.

Interest Calculation. Interest on the outstanding principal balance of each Component of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year (that is, the Interest Rate applicable to such Component expressed as an annual rate divided by three hundred sixty (360)) by (c) the outstanding principal balance of the Loansuch Component.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of thirty (30) days elapsed in the related Interest Period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the LoanLoan based on a 360-day year composed of twelve 30-day months.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate based on equal to the applicable Interest Rate and a divided by three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate based on the applicable Applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year (that is, the Interest Rate or the Default Rate, as then applicable, expressed as an annual rate divided by 360) by (c) the outstanding principal balance of balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the LoanInterest Period.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest relevant Accrual Period for which the calculation is being made (provided that an entire Accrual Period shall be deemed to consist of thirty (30) days) by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and or the Default Rate, as applicable, divided by a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year (that is, the Interest Rate or the Default Rate, as then applicable, expressed as an annual rate divided by 360) by (c) the outstanding principal balance of balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the Loanmonth immediately prior to such Monthly Payment Date.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest relevant Accrual Period or other period for which the calculation interest is being made calculated by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of each Component of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest relevant Accrual Period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan, and for the avoidance of doubt, monthly debt service (provided no Event of Default shall have occurred and be continuing) shall be in the amount of the Monthly Debt Service Payment Amount.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate based on equal to the applicable Interest Note Rate and a divided by three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of each Component of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of thirty (30) days elapsed in the related Interest Period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period for which the calculation is being made by (b) a daily rate based on the applicable Interest Rate and a three hundred sixty (360) day year (that is, the Applicable Interest Rate or the Default Rate, as then applicable, expressed as an annual rate divided by 360) by (c) the outstanding principal balance of the Loan.

Interest Calculation. Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the related Interest Period period for which the calculation is being made by (b) a daily rate proration of the Interest Rate based on the applicable Interest Rate and a three hundred sixty (360) day year by (c) the outstanding principal balance of the Loanbalance.