Common use of Calculations and Evidence of Debt Clause in Contracts

Calculations and Evidence of Debt. 25.1 Interest shall accrue from day to day and shall be calculated on the basis of a year of 365 days and the actual number of days elapsed.

Appears in 2 contracts

Samples: Agreement (Ci4net Com Inc), Agreement (Ci4net Com Inc)

AutoNDA by SimpleDocs

Calculations and Evidence of Debt. 25.1 36.1 Interest and fees shall accrue from day to day and shall be calculated on the basis of a year of 365 360 days (or, in any case where market practice differs, in accordance with market practice) and the actual number of days elapsed.

Appears in 1 contract

Samples: Agreement (Ifco Systems Nv)

Calculations and Evidence of Debt. 25.1 22.1 Interest and the commitment fee shall accrue from day to day and shall be calculated on the basis of a year of 365 360 days and the actual number of days elapsed.

Appears in 1 contract

Samples: Liquidity Facility Agreement

AutoNDA by SimpleDocs

Calculations and Evidence of Debt. 25.1 27.1 Basis of Accrual Interest shall accrue from day to day and shall be calculated on the basis of a year of 365 360 days (or, in any case where market practice differs, in accordance with market practice) and the actual number of days elapsed.

Appears in 1 contract

Samples: Term Loan Agreement (Arco Chemical Co)

Time is Money Join Law Insider Premium to draft better contracts faster.