Common use of 360-Day Year Clause in Contracts

360-Day Year. Interest shall be computed on the basis of a 360-day year for the actual number of days elapsed.

Appears in 162 contracts

Samples: Loan and Security Agreement (Solta Medical Inc), Loan and Security Agreement (Force10 Networks Inc), Loan and Security Agreement (Glu Mobile Inc)

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360-Day Year. Interest shall be computed on the basis of a three hundred sixty (360-) day year for year, and the actual number of days elapsed.

Appears in 93 contracts

Samples: Loan and Security Agreement (SI-BONE, Inc.), Loan and Security Agreement (Adynxx, Inc.), Loan and Security Agreement (Entellus Medical Inc)

360-Day Year. Interest shall be computed on the basis of a 360-day year for of 360 days and the actual number of days elapsed.

Appears in 16 contracts

Samples: Loan Agreement (Akebia Therapeutics, Inc.), Guaranty and Security Agreement (Sarepta Therapeutics, Inc.), Loan Agreement (Biodelivery Sciences International Inc)

360-Day Year. Interest shall be is computed on the basis of a 360-360 day year for the actual number of days elapsed.

Appears in 4 contracts

Samples: Loan and Security Agreement (Infinera Corp), Loan and Security Agreement (Axs One Inc), Loan and Security Agreement (Aprimo, INC)

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360-Day Year. Interest shall be computed on the basis of a 360-day 360’day year for the actual number of days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (GPS Industries, Inc.)

360-Day Year. Interest shall be computed on the basis of a ------------- 360-day year for the actual number of days elapsed.

Appears in 1 contract

Samples: Loan and Security Agreement (Concurrent Computer Corp/De)

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