Common use of Computation Clause in Contracts

Computation. 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.

Appears in 14 contracts

Samples: Loan and Security Agreement (Pac-West Telecomm Inc), Assignment and Assumption Agreement (Vuzix Corp), Loan and Security Agreement (diaDexus, Inc.)

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Computation. All interest chargeable under the Loan Documents shall be computed on the basis of a three hundred sixty sixty-five (360365) day year for the actual number of days elapsed.

Appears in 5 contracts

Samples: Loan and Security Agreement (Imageware Systems Inc), Loan and Security Agreement (DPW Holdings, Inc.), Loan and Security Agreement (Digital Power Corp)

Computation. All interest chargeable under the Loan Documents shall be computed on the basis of a three hundred sixty (360) day year (or a 365-day year or 366-day year, as the case may be, for Base Rate Advances) for the actual number of days elapsed.

Appears in 4 contracts

Samples: Loan and Security Agreement (Oaktree Strategic Income II, Inc.), Loan and Security Agreement (Oaktree Strategic Income II, Inc.), Guarantee and Security Agreement (Great Elm Capital Corp.)

Computation. All interest and fees 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.

Appears in 4 contracts

Samples: Loan and Security Agreement (InPoint Commercial Real Estate Income, Inc.), Loan and Security Agreement (Angel Oak Mortgage, Inc.), Loan Agreement (Prospect Acquisition Corp)

Computation. All interest and applicable fees chargeable under the Loan Documents shall be computed on the basis of a three hundred sixty (360) day year year, in each case, for the actual number of days elapsedelapsed in the period during which the interest or fees accrue.

Appears in 3 contracts

Samples: Credit Agreement (Acreage Holdings, Inc.), Credit Agreement (Greenrose Holding Co Inc.), Credit Agreement (Acreage Holdings, Inc.)

Computation. 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.

Appears in 3 contracts

Samples: Loan and Security Agreement (Iprint Technologies Inc), Loan and Security Agreement (Iprint Technologies Inc), Loan and Security Agreement (Iprint Technologies Inc)

Computation. 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.”

Appears in 2 contracts

Samples: Loan and Security Agreement (Berkeley Lights, Inc.), Loan and Security Agreement (Berkeley Lights, Inc.)

Computation. All interest chargeable under the Loan Documents shall be computed on the basis of a three hundred sixty (360) 365 day year year, in each case, for the actual number of days elapsedelapsed in the period during which the interest or fees accrue.

Appears in 2 contracts

Samples: Credit Agreement (Jack Cooper Holdings Corp.), Credit Agreement (Jack Cooper Holdings Corp.)

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Computation. All interest chargeable under the Loan Documents shall be computed on the basis of a three hundred sixty (360) day 360)-day year for the actual number of days elapsed.

Appears in 2 contracts

Samples: Loan and Security Agreement (Liquidia Technologies Inc), Loan and Security Agreement (Liquidia Technologies Inc)

Computation. 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Iprint Technologies Inc)

Computation. 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Iprint Technologies Inc)

Computation. All interest chargeable under the Loan Documents shall be computed on the basis of a three hundred sixty five (360365) day year for the actual number of days elapsed.

Appears in 1 contract

Samples: Master Credit Agreement (Domark International Inc.)

Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a three hundred sixty sixty- (360360-) day year for the actual number of days elapsed.

Appears in 1 contract

Samples: Loan Agreement (Kennedy Wilson Inc)

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