Common use of Yield Calculation Clause in Contracts

Yield Calculation. The Advances shall bear interest on each day during each Accrual Period at a rate per annum equal to the Interest Rate for such Accrual Period.

Appears in 6 contracts

Samples: Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.), Receivables Financing Agreement (TriplePoint Private Venture Credit Inc.), Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.)

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Yield Calculation. The Advances Each Advance shall bear interest on each day during each Accrual Period at a rate per annum equal to the product of (a) the Interest Rate for such Accrual PeriodPeriod multiplied by (b) the outstanding Advances attributable to such Note on such day. All Yield shall be computed on the basis of the actual number of days (including the first day but excluding the last day) occurring during the period for which such Yield is payable over a year comprised of 360 days.

Appears in 4 contracts

Samples: Financing and Servicing Agreement (Capital Southwest Corp), Financing and Servicing Agreement (HMS Income Fund, Inc.), Financing and Servicing Agreement (HMS Income Fund, Inc.)

Yield Calculation. The Each NoteThe Advances shall bear interest on each day during each Accrual Period at a rate per annum equal to the product of (a) the Interest Rate for such Accrual PeriodPeriod multiplied by (b) the outstanding Advances attributable to such Note on such day. All Yield shall be computed on the basis of the actual number of days (including the first day but excluding the last day) occurring during the period for which such Yield is payable over a year comprised of 360 days.

Appears in 2 contracts

Samples: Loan Financing and Servicing Agreement (Oaktree Strategic Income Corp), Loan Financing and Servicing Agreement (Oaktree Specialty Lending Corp)

Yield Calculation. The Advances shall bear interest on each day during each Accrual Period at a rate per annum equal to the product of (a) the Interest Rate for such Accrual PeriodPeriod multiplied by (b) the outstanding amount of the Advances on such day. All Yield shall be computed on the basis of the actual number of days (including the first day but excluding the last day) occurring during the period for which such Yield is payable over a year comprised of 360 days.

Appears in 2 contracts

Samples: Loan Financing and Servicing Agreement (AB Private Credit Investors Corp), Loan Financing and Servicing Agreement (AB Private Credit Investors Corp)

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Yield Calculation. The Each NoteThe Advances shall bear interest on each day during each Accrual Period at a rate per annum equal to the Interest Rate for such Accrual Period.

Appears in 1 contract

Samples: Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.)

Yield Calculation. (a) The Advances shall bear interest on each day during each Accrual Period at a rate per annum equal to the product of (a) the applicable Interest Rate for such Accrual PeriodPeriod multiplied by (b) the outstanding Advances on such day.

Appears in 1 contract

Samples: Financing and Servicing Agreement (Oaktree Strategic Credit Fund)

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