Calculations. All interest and other payments of an annual nature under any of the Security Documents shall accrue from day to day and be calculated on the basis of actual days elapsed and a three hundred and sixty (360) day year.
Appears in 71 contracts
Samples: Facility Agreement (Euroseas Ltd.), Loan Agreement (Pyxis Tankers Inc.), Agreement (EuroDry Ltd.)
Calculations. All interest and other payments of an annual nature under any of the Security Documents shall accrue from day to day and be calculated on the basis of actual days elapsed and a three hundred and sixty (360) 360 day year.
Appears in 30 contracts
Samples: Agreement, Agreement, Facility Agreement (Navios Maritime Holdings Inc.)
Calculations. All interest and other payments of an annual nature under any of the Security Documents shall accrue from day to day and be calculated on the basis of actual days elapsed and a three hundred and sixty (360) day days year.
Appears in 29 contracts
Samples: Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Corporations and Companies (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.)
Calculations. All interest interest, commissions, fees and other payments of an annual nature under any of the Security Documents shall accrue from day to day and be calculated on the basis of actual days elapsed and a three hundred and sixty (360) 360 day year.
Appears in 7 contracts
Samples: Facilities Agreement, Confidential (Golar LNG Partners LP), Agreement (Stena Ab)
Calculations. All interest and other payments of an annual nature under any of the Security Documents shall accrue from day to day and be calculated on the basis of actual days elapsed and a three hundred and sixty (360) day year.and:
Appears in 3 contracts
Samples: Facility Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.)
Calculations. All interest and other payments of an annual nature under any of the Security Documents shall accrue from day to day and be calculated on the basis of actual days elapsed (other than the guarantee commission referred to in clause 5.1.3 which shall be payable in advance on a quarterly basis and as more particularly described therein) and a three hundred and sixty (360) day year.
Appears in 2 contracts
Samples: Supplemental Agreement, Supplemental Agreement (Gala Properties Inc.)
Calculations. All interest and other payments of an annual nature under any of the Security Finance Documents shall accrue from day to day and be calculated on the basis of actual days elapsed and a three hundred and sixty (360) day year.
Appears in 2 contracts
Samples: Agreement (Paragon Shipping Inc.), Credit Agreement (DryShips Inc.)
Calculations. 8.4.1 All interest and other payments of an annual nature under any of the Security Documents shall accrue from day to day and be calculated on the basis of actual days elapsed and a three hundred and sixty (360) day yearyear or, in any case where the practice in the Relevant Market differs, in accordance with that market practice.
Appears in 1 contract
Calculations. All interest and other payments of an annual nature under any of the Security Documents shall accrue from day to day and be calculated on the basis of actual days elapsed and a three hundred and sixty (360) day year. In calculating the actual number of days elapsed in a period which is one of a series of consecutive periods with no interval between them or a period on the last day of which any payment falls to be made in respect of such period, the first day of such period shall be included but the last day excluded.
Appears in 1 contract
Samples: Agreement (Teekay LNG Partners L.P.)
Calculations. All An interest and other payments of an annual nature under any of the Security Documents shall accrue from day to day and be calculated on the basis of actual days elapsed and a three hundred and sixty (360) 360 day year.
Appears in 1 contract
Samples: Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.)
Calculations. All interest and other payments of an annual nature under any of the Security Documents shall accrue from day to day and be calculated on the basis of actual days elapsed and a three hundred and sixty (360) day year.,
Appears in 1 contract
Samples: Loan Agreement (FreeSeas Inc.)
Calculations. All interest interest, commissions, fees and other payments of an annual nature under any of the Security Documents shall accrue from day to day and be calculated on the basis of actual days elapsed and a three hundred and sixty (360) day year.
Appears in 1 contract
Samples: Management Agreement (Golar LNG LTD)
