Common use of Computation and Payment Clause in Contracts

Computation and Payment. Interest shall be computed on the basis set forth in the Line of Credit Note. Interest shall be payable at the times and place set forth in the Line of Credit Note.

Appears in 2 contracts

Sources: Credit Agreement (Culp Inc), Revolving Credit Agreement (Lindsay Corp)

Computation and Payment. Interest shall be computed on the basis set forth in the Line of Credit Note, the Term Note or other instrument or document, as applicable. Interest shall be payable at the times and place places set forth in the Line of Credit Note, the Term Note or other instrument or document, as applicable.

Appears in 2 contracts

Sources: Fifth Amendment to Credit Agreement (Vita Coco Company, Inc.), Credit Agreement (All Market Inc.)

Computation and Payment. Interest shall be computed on the basis set forth in the Line of Credit Note and the Term Note. Interest , as applicable, and interest shall be payable at the times and place set forth in the Line of Credit Note and the Term Note, as applicable.

Appears in 1 contract

Sources: Credit Agreement (EnviroStar, Inc.)