Common use of Basis of Computation Clause in Contracts

Basis of Computation. Interest accrued hereunder shall be computed for the actual number of days elapsed on the basis of a 360-day year.

Appears in 56 contracts

Samples: Purchase and Contribution Agreement (United Rentals North America Inc), Purchase and Sale Agreement (Oncor Electric Delivery Co LLC), Receivables Purchase Agreement (United Rentals North America Inc)

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Basis of Computation. Interest accrued hereunder shall be computed for the actual number of days elapsed on the basis of a 360365- or 366-day year, as the case may be.

Appears in 18 contracts

Samples: Receivables Sale Agreement (Gray Television Inc), Receivables Purchase Agreement (Concentrix Corp), Receivables Sale and Contribution Agreement (StarTek, Inc.)

Basis of Computation. Interest accrued hereunder shall be computed for the actual number of days elapsed on the basis of a 360365- or 366-day year.

Appears in 11 contracts

Samples: Purchase and Sale Agreement (Triumph Group Inc), Sale and Contribution Agreement (Alliance Resource Partners Lp), Purchase and Sale Agreement (LyondellBasell Industries N.V.)

Basis of Computation. Interest accrued hereunder shall be computed for the actual number of days elapsed on the basis of a 360-day yearyear and actual days elapsed.

Appears in 3 contracts

Samples: Joinder Agreement (Davey Tree Expert Co), Receivables Sale and Contribution Agreement (DCP Midstream, LP), Receivables Purchase Agreement (Davey Tree Expert Co)

Basis of Computation. Interest accrued hereunder shall be computed for the actual number of days elapsed on the basis of a 360-day yearyear consisting of 360 days.

Appears in 2 contracts

Samples: Loan Agreement (Tower Tech Inc), Secured Credit Agreement (International Aircraft Investors)

Basis of Computation. Interest accrued hereunder shall be -------------------- computed for the actual number of days elapsed on the basis of a 360-day year.

Appears in 2 contracts

Samples: Sale Agreement (Exide Corp), Purchase and Sale Agreement (Mail Well Inc)

Basis of Computation. Interest accrued hereunder shall be computed -------------------- for the actual number of days elapsed on the basis of a 360-day year.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Alliance Laundry Holdings LLC)

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Basis of Computation. Interest accrued hereunder shall be computed for the actual number of days elapsed on the basis of a 360365-day year.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Werner Holding Co Inc /Pa/)

Basis of Computation. Interest accrued hereunder shall be computed for -------------------- the actual number of days elapsed on the basis of a 360-day year.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Headlands Mortgage Securities Inc)

Basis of Computation. Interest accrued hereunder shall be computed for the actual number of days elapsed on the basis of a 360-360 day yearyear and actual days elapsed.

Appears in 1 contract

Samples: Hunt J B Transport Services Inc

Basis of Computation. Interest accrued hereunder shall -------------------- be computed for the actual number of days elapsed on the basis of a 360-day year.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Dixie Group Inc)

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