Interest Rate Basis. All interest will be calculated at the per annum interest rate based on 360-day year and applied to the actual number of days elapsed.
Appears in 6 contracts
Samples: Business Loan Agreement (Coeur D Alenes Co /Ia/), Business Loan Agreement (Coeur D Alenes Co /Ia/), Business Loan Agreement (Semitool Inc)
Interest Rate Basis. All interest will be calculated at the per annum interest rate based on a 360-day year and applied to the actual number of days elapsed.
Appears in 5 contracts
Samples: Business Loan Agreement (Coeur D Alenes Co /Ia/), Business Loan Agreement (Coeur D Alenes Co /Ia/), Business Loan and Credit Agreement (Ricex Co)
Interest Rate Basis. All interest will be calculated at the per annum interest rate based on 360-day year period and applied to the actual number of days elapsed.
Appears in 1 contract
Samples: Business Loan Agreement (Telect Inc)
