Common use of 360-Day Year Clause in Contracts

360-Day Year. Interest payable under each Term Loan shall be computed on the basis of a year of 360 days and the actual number of days elapsed.

Appears in 9 contracts

Samples: Fifteenth Amendment (LumiraDx LTD), Loan Agreement (LumiraDx LTD), Loan Agreement (LumiraDx LTD)

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360-Day Year. Interest payable under each this Term Loan Note shall be computed on the basis of a year of 360 days and the actual number of days elapsed.

Appears in 6 contracts

Samples: Loan Agreement (LumiraDx LTD), Fifteenth Amendment (LumiraDx LTD), Loan Agreement (LumiraDx LTD)

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360-Day Year. Interest payable under each Term Loan shall be computed on the basis of a year of 360 days days, and in each case shall be payable for the actual number of days elapsed.

Appears in 3 contracts

Samples: Loan Agreement (Reata Pharmaceuticals Inc), Loan Agreement (INSMED Inc), Loan Agreement (ImmunoGen, Inc.)

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