Common use of Loan Factor and Loan Value Calculation Clause in Contracts

Loan Factor and Loan Value Calculation. Each Loan Terms Schedule shall establish the Loan Factor and Loan Values with respect to such Loan. The Loan Factor shall be calculated in a manner to fully amortize the Loan over the Repayment Period applicable to such Loan in equal periodic installments. The Loan Factor and Loan Values applicable to each Loan shall be conclusive in the absence of manifest error.

Appears in 4 contracts

Samples: Equipment Loan and Security Agreement (Metabasis Therapeutics Inc), Equipment Loan and Security Agreement (Atheros Communications Inc), Loan and Security Agreement (Virologic Inc)

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Loan Factor and Loan Value Calculation. Each Loan Terms Schedule shall establish the Loan Factor and Loan Values with respect to such Loan. The Loan Factor shall be calculated in to a manner to fully amortize the Loan over the Repayment Period applicable to such Loan in to equal periodic installments. The Loan Factor and Loan Values applicable to each Loan shall be conclusive in the absence of manifest error.

Appears in 1 contract

Samples: Loan and Security Agreement (Netscreen Technologies Inc)

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