Interest Computation. All interest hereunder shall be computed on the basis of a year of 365 days (or 366 days in a leap year) and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).
Appears in 8 contracts
Samples: Credit Agreement (TerrAscend Corp.), Credit Agreement (TerrAscend Corp.), Credit Agreement (TerrAscend Corp.)
Interest Computation. All interest hereunder shall be computed on the basis of a year of 365 days (or 366 days 360 days, and in a leap year) and each case shall be payable for the actual number of days elapsed (including the first day but excluding the last day).
Appears in 5 contracts
Samples: Credit Agreement (Local Bounti Corporation/De), Credit Agreement (Local Bounti Corporation/De), Credit Agreement (Local Bounti Corporation/De)
Interest Computation. All interest hereunder shall be computed on the basis of a year of 365 360 days (or 366 days in a leap year) and shall be payable for the actual number of days elapsed (including the first day but excluding the last day). All interest hereunder on any Loan shall be computed on a daily basis based upon the outstanding principal amount of such Loan as of the applicable date of determination.
Appears in 4 contracts
Samples: Credit Agreement (Star Holdings), Credit Agreement (Safehold Inc.), Credit Agreement (Istar Inc.)
Interest Computation. All interest hereunder (including any Default Interest) shall be computed on the basis of a year of 365 days (or 366 days 360 days, and in a leap year) and each case shall be payable for calculated monthly on a compound basis based on the actual number of days elapsed (including the first day but excluding the last day).
Appears in 3 contracts
Samples: Credit Agreement (Offerpad Solutions Inc.), Credit Agreement (Offerpad Solutions Inc.), Credit Agreement (Supernova Partners Acquisition Company, Inc.)
Interest Computation. All interest hereunder shall be computed on the basis of a 360-day year of 365 days (or 366 days in a leap year) twelve 30-day months and shall be payable for the actual number of days elapsed (including the first day but excluding the last day). All interest hereunder on any Loan shall be computed on a daily basis based upon the outstanding principal amount of such Loan as of the applicable date of determination.
Appears in 2 contracts
Samples: Credit Agreement (Seaport Entertainment Group Inc.), Credit Agreement (Seaport Entertainment Group Inc.)
Interest Computation. All interest hereunder shall be computed on the basis of a year of 365 days (or 366 days days, and in a leap year) and each case shall be payable for the actual number of days elapsed (including the first day but excluding the last day). All interest hereunder on any Loan shall be computed on a daily basis based upon the outstanding principal amount of such Loan as of the applicable date of determination.
Appears in 1 contract
Samples: Credit Agreement (Next.e.GO B.V.)
Interest Computation. All interest hereunder shall be computed on the basis of a year of 365 360 days (or 366 days in a leap year) and shall be payable for the actual number of days elapsed (including the first such day but excluding the last such day).
Appears in 1 contract
Samples: Senior Secured Debtor in Possession Credit Agreement (TerraVia Holdings, Inc.)
Interest Computation. All interest hereunder shall be computed on the basis of a year of 365 days (or 366 days in a leap year) and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).
Appears in 1 contract
Interest Computation. All interest hereunder shall be computed on the basis of a year of 365 three hundred and sixty (360) days (or 366 days in a leap year) and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).
Appears in 1 contract
Samples: Senior Secured Term Loan Agreement (Sable Offshore Corp.)
