Common use of Computation Period Clause in Contracts

Computation Period. All computations of fees and interest under this Agreement shall be made on the basis of a 360-day year and actual days elapsed. Interest and fees shall accrue during each period for which interest or fees are computed from the first day thereof to the last day thereof.

Appears in 6 contracts

Samples: Credit Agreement (Apartment Investment & Management Co), Credit Agreement (Apartment Investment & Management Co), Credit Agreement (Apartment Investment & Management Co)

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Computation Period. All computations of fees and interest under this Agreement shall be made on the basis of a 360-day year and actual days elapsed. Interest and fees shall accrue during each period Interest Period for which interest or fees are computed from the first day thereof to the last day thereof.

Appears in 1 contract

Samples: Assignment and Assumption (American Realty Capital Trust, Inc.)

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