Computations of Interest. All computations of interest on all Loans and Unreimbursed Drawings hereunder shall be made on the actual number of days elapsed over a year of 360 days.
Appears in 3 contracts
Samples: Credit Agreement (Circor International Inc), Credit Agreement (Circor International Inc), Credit Agreement (Circor International Inc)
Computations of Interest. All computations of interest on all Loans and Unreimbursed Drawings hereunder shall be made on the actual number of days elapsed over a year of 360 days.
Appears in 2 contracts
Samples: Credit Agreement (Mechanical Technology Inc), Credit Agreement (Mechanical Technology Inc)
Computations of Interest. All computations of interest on all Loans and Unreimbursed Drawings hereunder shall be made on the actual number of days elapsed over a year of 360 days. Notwithstanding the foregoing, all computations of interest in respect of Competitive Bid Loans shall be made as specified in the applicable Notice of Competitive Bid Borrowing.
Appears in 2 contracts
Samples: Credit Agreement (Circor International Inc), Credit Agreement (Circor International Inc)
Computations of Interest. All computations of interest on all Revolving Loans and Unreimbursed Unpaid Drawings hereunder shall be made on the actual number of days elapsed over in a year of 360 days365 days (or 366 days in case of a leap year).
Appears in 1 contract
