Common use of Computation and Payment Clause in Contracts

Computation and Payment. Interest shall be computed on the basis of a 360-day year, actual days elapsed. Interest shall be payable at the times and place set forth in the Line of Credit Note and the Term Note (collectively, the "Notes").

Computation and Payment. Interest shall be computed on the basis of a 360-day year, actual days elapsed. Interest shall be payable at the times and place set forth in the Line of Credit Note and the Note, Term Note I and Term Note II (collectively, the "Notes").

Computation and Payment. Interest shall be computed on the basis of a 360-day year, actual days elapsed. Interest , and shall be payable at the times and place set forth in the Line any promissory note or other document executed by Borrower to evidence any extension of Credit Note and the Term Note (collectively, the "Notes")credit by Bank.

Computation and Payment. Interest shall be computed on the basis of a 360-day year, actual days elapsed. Interest shall be payable at the times and place set forth in the Line of Credit Note and the Term Note (collectively, the "NotesNote").

Computation and Payment. Interest shall be computed on the basis of a 360-day year, actual days elapsed. Interest shall be payable at the times and place set forth in the Revolving Line of Credit Note and the Term Note (collectively, the "NotesNote").