Basis of Computation. Interest shall be computed for the actual number of days elapsed on the basis of a year consisting of 360 days, including the date the Term Loan is made and excluding the date the Term Loan or any portion thereof is paid or prepaid.
Appears in 8 contracts
Sources: Promissory Note (Nuway Medical Inc), Convertible Loan Agreement (Nuway Medical Inc), Convertible Loan Agreement (Nuway Medical Inc)
Basis of Computation. Interest shall will be computed for the actual number of days elapsed on the basis of a year consisting of 360 days, including the date the Term a Loan is made and excluding the date the Term a Loan or any portion thereof is paid or prepaid.
Appears in 2 contracts
Sources: Credit Agreement (First Mid Illinois Bancshares Inc), Credit Agreement (First Mid Illinois Bancshares Inc)
Basis of Computation. Interest shall be computed for the actual number of days elapsed on the basis of a year consisting of 360 365 days, including the date the Term Loan is made and excluding the date the Term Loan or any portion thereof is paid or prepaid.
Appears in 1 contract
Sources: Term Loan Agreement (Viropro Inc)