Common use of Computation Method Clause in Contracts

Computation Method. All interest rates shall be calculated based on the actual number of days elapsed over a 360-day year (365/360 method).

Appears in 6 contracts

Sources: Loan Agreement (Capital Senior Living Corp), Note (Emeritus Corp\wa\), Loan Agreement (Emeritus Corp\wa\)

Computation Method. All interest rates shall be calculated based on the ------------------ actual number of days elapsed over a 360-day year (365/360 method).

Appears in 2 contracts

Sources: Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Emeritus Corp\wa\)