360-Day Year. All interest payable under the Notes shall be calculated on the basis of a 360-day year by multiplying the outstanding principal amount by the applicable per annum rate, multiplying the product thereof by the actual number of days elapsed, and dividing the product so obtained by 360.
Appears in 9 contracts
Samples: Credit Agreement (CNL Growth Properties, Inc.), Credit Agreement (CNL Healthcare Properties, Inc.), Credit Agreement (National Health Investors Inc)
360-Day Year. All interest payable under the Notes Note shall be calculated on the basis of a 360-day year by multiplying the outstanding principal amount by the applicable per annum rate, multiplying the product thereof by the actual number of days elapsed, and dividing the product so obtained by 360.
Appears in 4 contracts
Samples: Credit Agreement (CNL Healthcare Properties II, Inc.), Credit Agreement (CNL Healthcare Properties, Inc.), Credit Agreement (CNL Healthcare Properties, Inc.)
360-Day Year. All interest payable under the Notes shall be calculated on the basis of a 360-day year Year by multiplying the outstanding principal amount by the applicable per annum rate, multiplying the product thereof by the actual number of days elapsed, and dividing the product so obtained by 360.
Appears in 1 contract
Samples: Credit Agreement (Cole Credit Property Trust II Inc)
360-Day Year. All interest payable under the Notes Note shall be ------------ calculated on the basis of a 360-day year by multiplying the outstanding principal amount by the applicable per annum rate, multiplying the product thereof by the actual number of days elapsed, and dividing the product so obtained by 360.
Appears in 1 contract
Samples: Credit Agreement (Jones Financial Companies Lp LLP)
360-Day Year. All interest payable under the Notes and all fees payable to Lender Parties shall be calculated on the basis of a 360-day year by multiplying the outstanding principal applicable amount by the applicable per annum rate, multiplying the product thereof by the actual number of days elapsed, and dividing the product so obtained by 360.
Appears in 1 contract
Samples: Credit Agreement (KMG Chemicals Inc)
