Calculation of interest. All interest amounts calculated on a per annum basis hereunder are calculated on the basis of a year of three hundred and sixty (360) days.
Appears in 7 contracts
Samples: Receivables Purchase Agreement (Cincinnati Bell Inc), Receivables Purchase Agreement (Sanmina Corp), Receivables Purchase Agreement (Cincinnati Bell Inc)
Calculation of interest. All interest amounts calculated on a per annum basis hereunder are Interest shall be calculated on the basis of a year of three hundred and sixty (360) daysdays per year factor applied to the actual days on which there exists an unpaid balance hereunder.
Appears in 5 contracts
Samples: Loan and Security Agreement (Halifax Corp), Avatech Solutions Inc, Loan and Security Agreement (Accom Inc)
Calculation of interest. All interest amounts calculated on a per annum basis hereunder are Interest shall be calculated on the basis of a year of three hundred and sixty (360) daysdays per year factor applied to the number of actual days elapsed.
Appears in 4 contracts
Samples: Security Agreement (Majestic Safe-T-Products LTD), Security Agreement (Majestic Safe-T-Products LTD), Security Agreement (Majestic Safe-T-Products LTD)
Calculation of interest. All interest amounts calculated on a per annum basis hereunder are calculated on the basis of a year of three hundred and sixty (360) days.. (g)
Appears in 2 contracts
Samples: Master Receivables Purchase Agreement (Hanesbrands Inc.), Master Receivables Purchase Agreement (Hanesbrands Inc.)
Calculation of interest. All interest amounts calculated on a per annum basis hereunder are calculated on the basis of a year of three hundred 360 days and sixty (360) daysactual days elapsed.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (CHS Inc), Sale and Contribution Agreement (CHS Inc)
Calculation of interest. All interest amounts calculated on a per annum basis hereunder are Interest shall be calculated on the basis of a year of three hundred and sixty (360) daysdays and charged upon the actual number of days elapsed.
Appears in 1 contract
Samples: Inventory Loan and Security Agreement (Diamond Resorts Corp)
Calculation of interest. All interest amounts calculated on a per annum basis hereunder are calculated on the basis of a year of three hundred and sixty (360) days. All amounts due hereunder (including, without limitation, pursuant to Section 4(e), Section 5(a), Section 5(b) and Section 5(c)) shall accrue interest from and after the date when due at a rate per annum equal to the Discount Rate, plus 2.0% until paid, and shall be payable within ten (10) days of presentation of an invoice therefor.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Milacron Holdings Corp.)
Calculation of interest. All interest amounts calculated on a per annum basis hereunder are calculated on the basis of a year of three hundred and sixty (360) days.. All amounts due hereunder (including under Section 4(f), Section 5, Section 7(a), Section 7(b) and Section 7(c)) shall accrue interest from and after the date when due:
Appears in 1 contract
Samples: The Purchase Agreement (Aar Corp)
