INTEREST DAYS Sample Clauses

INTEREST DAYS. For loans linked to the Euribor rate, interest is calculated on the basis of actual days, using 360 as the divisor, whereas interest on other loans is calculated on the basis of interest days (30), using 360 as the divisor.
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INTEREST DAYS. Interest payable under any provision of this Agreement shall be calculated on the basis of actual days elapsed divided by 365.
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