Computation; 360-Day Year. In computing interest, the date of the making of any Credit Extension shall be included and the date of payment shall be excluded; provided, however, that if any Credit Extension is repaid on the same day on which it is made, such day shall be included in computing interest on such Credit Extension. Interest shall be computed on the basis of a 360-day year for the actual number of days elapsed.
Computation; 360-Day Year. In computing interest, the date of the making of any Term Loans shall be included and the date of payment shall be excluded; provided, however, that if any Term Loans are repaid on the same day on which it is made, such day shall be included in computing interest on such Term Loans. Interest shall be computed on the basis of a 360-day year for the actual number of days elapsed.
Computation; 360-Day Year. In computing interest for Growth Capital Advances, the Funding Date shall be included and the date of payment shall be excluded; provided, however, that if any Growth Capital Advance is repaid on the same day on which it is made, such day shall be included in computing interest on such Growth Capital Advance. Interest shall be computed on the basis of a three hundred sixty (360) day year for the actual number of days elapsed.
Computation; 360-Day Year. In computing interest, the date of the making of any Term Advance shall be included and the date of payment shall be excluded; provided, however, that if any Term Advance is repaid on the same day on which it is made, such day shall be included in computing interest on such Term Advance. Interest shall be computed on the basis of a 360-day year for the actual number of days elapsed.
Computation; 360-Day Year. In computing interest, the date of the making of the Term Loan Advance shall be included and the date of payment shall be excluded; provided, however, that if the Term Loan Advance is repaid on the same day on which it is made, such day shall be included in computing interest on the Term Loan Advance. Interest shall be computed on the basis of a 360-day year for the actual number of days elapsed.
Computation; 360-Day Year. In computing interest, the date of the purchase of any Notes shall be included and the date of payment shall be excluded. Interest shall be computed on the basis of a 360-day year for the actual number of days elapsed.
Computation; 360-Day Year. Interest is payable monthly on the first calendar day of each month and shall be computed on the basis of a 360-day year for the actual number of days elapsed. In computing interest with respect to the Mezzanine Term Loans, the date of the making of any Mezzanine Term Loan shall be included and the date of payment shall be excluded; provided, however, that if any Mezzanine Term Loan is repaid on the same day on which it is made, such day shall be included in computing interest on such Mezzanine Term Loan. Interest with respect to the Mezzanine Term Loans shall be computed on the basis of a 360-day year for the actual number of days elapsed.
Computation; 360-Day Year. In computing interest, the date of the making of the Term Advance #2 shall be included and the date of payment shall be excluded; provided, however, that if the Term Advance #2 is repaid on the same day on which it is made, such day shall be included in computing interest on the Term Advance #2. Interest shall be computed on the basis of a 360-day year for the actual number of days elapsed.
Computation; 360-Day Year. In the event the Prime Rate is changed from time to time hereafter, the applicable rate of interest hereunder shall be increased or decreased, effective as of the day the Prime Rate is changed, by an amount equal to such change in the Prime Rate. All interest chargeable under the Loan Documents shall be computed on the basis of a three hundred sixty (360) day year for the actual number of days elapsed.
Computation; 360-Day Year. Changes to the interest rate of any Credit Extension based on changes to the Prime Rate shall be effective on the effective date of any change to the Prime Rate and to the extent of any such change. In computing interest, the date of the making of any Credit Extension shall be included and the date of payment shall be excluded; provided that if any Credit Extension is repaid on the same day on which it is made, such day shall be included in computing interest on such Credit Extension. Interest shall be computed as set forth on Schedule I hereto.
