Interest Computation. Interest shall be computed as set forth on Schedule I hereto. 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.
Appears in 46 contracts
Sources: Loan and Security Agreement (Lantronix Inc), Loan and Security Agreement (Invivyd, Inc.), Loan and Security Agreement (BioAge Labs, Inc.)
Interest Computation. Interest shall be computed as set forth on Schedule I hereto. 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.
Appears in 2 contracts
Sources: Loan and Security Agreement (Alamar Biosciences, Inc.), Loan and Security Agreement (Tenaya Therapeutics, Inc.)
Interest Computation. Interest shall be computed as set forth on Schedule I heretothe basis of the actual number of days elapsed. 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.
Appears in 2 contracts
Sources: Loan and Security Agreement (Spartan Acquisition Corp. II), Loan Agreement (Sunlight Financial Holdings Inc.)
Interest Computation. Interest on the Credit Extensions and all fees payable hereunder shall be computed as set forth on Schedule I heretothe basis of a 360-day year and the actual number of days elapsed in the period during which such interest accrues. In computing interestinterest on any Credit Extension, the date of the making of any such 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.
Appears in 2 contracts
Sources: Loan and Security Agreement (Quicklogic Corporation), Loan and Security Agreement (Quicklogic Corporation)
Interest Computation. Interest shall be computed as set forth on Schedule I hereto. 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..
Appears in 1 contract
Interest Computation. Interest shall be computed as set forth on Schedule I hereto. 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.
Appears in 1 contract