Common use of Interest Calculation Clause in Contracts

Interest Calculation. Interest on the Outstanding Principal Balance shall be calculated by multiplying (A) the actual number of days elapsed in the period for which the calculation is being made by (B) a daily rate based on a three hundred sixty (360) day year (that is, the Interest Rate expressed as an annual rate divided by 360) by (C) the Outstanding Principal Balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to such Monthly Payment Date.

Interest Calculation. Interest With respect to any applicable period, interest on the Outstanding Principal Balance shall be calculated by multiplying (Aa) the actual number of days elapsed in the period for which the calculation is being made by (Bb) a daily rate based on the Interest Rate and a three hundred sixty (360) day year (that is, the Interest Rate expressed as an annual rate divided by 360) by (Cc) the average Outstanding Principal Balance. The accrual Balance in effect for the applicable period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to such Monthly Payment Dateas calculated by Lender.

Interest Calculation. Interest on the Outstanding Principal Balance shall be calculated by multiplying (Aa) the actual number of days elapsed in the period for which the calculation is being made by (Bb) a daily rate based on a three hundred sixty (360) day year (that is, the Interest Rate expressed as an annual rate divided by 360) by (Cc) the Outstanding Principal Balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to such Monthly Payment Date.

Interest Calculation. Interest on the Outstanding Principal Balance shall be calculated by multiplying (Aa) the actual number of days elapsed in the period for which the calculation is being made by (Bb) a daily rate based on a three hundred sixty (360) day year (that is, the Interest Rate expressed as an annual rate divided by 360) by (Cc) the Outstanding Principal Balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to such Monthly Payment Date.

Interest Calculation. Interest on the Outstanding Principal Balance shall be calculated by multiplying (A) the actual number of days elapsed in the period for which the calculation is being made by (B) a daily rate based on a three hundred sixty (360) day year (that is, the Interest Rate expressed as an annual rate divided by 360) by (C) the Outstanding Principal Balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to in which such Monthly Payment DateDate occurs.

Interest Calculation. Interest on the Outstanding Principal Balance shall be calculated by multiplying (Aa) the actual number of days elapsed in the period for which the calculation is being made by (Bb) a daily rate based on a three hundred sixty (360) day year (that is, the Interest Rate or the Default Rate, as then applicable, expressed as an annual rate divided by 360) by (Cc) the Outstanding Principal Balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to such Monthly Payment Date.

Interest Calculation. Interest on the Outstanding Principal Balance shall be calculated by multiplying (Aa) the actual number of days elapsed in the period for which the calculation is being made by (Bb) a daily rate based on a three hundred sixty (360) day year (that is, the Interest Rate or the Default Rate, as then applicable, expressed as an annual rate divided by 360) by (Cc) the Outstanding Principal Balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to such Monthly Payment Date.

Interest Calculation. Interest With respect to any applicable period, interest on the Outstanding Principal Balance shall be calculated by multiplying (Aa) the actual number of days elapsed in the period for which the calculation is being made by (Bb) a daily rate based on a three hundred sixty (360) day year (that is, the Interest Rate expressed as an annual rate divided by 360) by (Cc) the average Outstanding Principal Balance. The accrual Balance in effect for the applicable period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to such Monthly Payment Dateas calculated by Lender.

Interest Calculation. Interest on the Outstanding Principal Balance shall be calculated by multiplying (Aa) the actual number of days elapsed in the period for which the calculation is being made relevant Accrual Period by (Bb) a daily rate based on the Applicable Interest Rate and a three hundred sixty (360) day year (that is, the Interest Rate expressed as an annual rate divided by 360) by (Cc) the Outstanding Principal Balance. The accrual period Borrower acknowledges that the calculation method for calculating interest due on each Monthly Payment Date shall be described herein results in a higher effective interest rate than the numeric Applicable Interest Period immediately prior Rate and Borrower hereby agrees to such Monthly Payment Datethis calculation method.

Interest Calculation. Interest on the Outstanding Principal Balance shall be calculated by multiplying (A) the actual number of days elapsed in the period for which the calculation is being made by (B) a daily rate based on a three hundred sixty (360) day year (that is, the Interest Rate or the Default Rate, as then applicable, expressed as an annual rate divided by 360) by (C) the Outstanding Principal Balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to such Monthly Payment Date.

Interest Calculation. Interest on the Outstanding Principal Balance shall be calculated by multiplying (A) the actual number of days elapsed in the period for which the calculation is being made (the “Interest Period”) by (B) a daily rate based on a three hundred sixty (360) day year (that is, the Interest Rate expressed as an annual rate divided by 360) by (C) the Outstanding Principal Balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to such Monthly Payment Date.

Interest Calculation. Interest on the Outstanding Principal Balance shall be calculated by multiplying (Aa) the actual number of days elapsed in the period for which the calculation is being made by (Bb) a daily rate based on a three hundred sixty (360) day year (that is, the Interest Rate or the Default Rate, as then applicable), expressed as an annual rate divided by 360) by (Cc) the Outstanding Principal Balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to such Monthly Payment Date.

Interest Calculation. Interest on the Outstanding Principal Balance outstanding principal balance of each Component shall be calculated by multiplying (A) the actual number of days elapsed in the period for which the calculation is being made by (B) a daily rate based on a three hundred sixty (360) day year (that is, the Interest Rate applicable to such Component expressed as an annual rate divided by 360) by (C) the Outstanding Principal Balanceoutstanding principal balance of such Component. The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to in which such Monthly Payment DateDate occurs.

Interest Calculation. Interest on the Outstanding Principal Balance shall be calculated by multiplying (Aa) the actual number of days elapsed in the period for which the calculation is being made made, by (Bb) a daily rate based on a three hundred sixty (360) day year (that is, the Interest Rate or the Default Rate, as then applicable), expressed as an annual rate divided by 360) ), by (Cc) the Outstanding Principal Balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to such Monthly Payment Date.

Interest Calculation. Interest on the Outstanding Principal Balance shall be calculated by multiplying (Aa) the actual number of days elapsed in the period for which the calculation is being made by (Bb) a daily rate based on a three hundred sixty (360) day year (that is, the Interest Rate or the Default Rate, as then applicable, expressed as an annual rate divided by three hundred sixty (360)) by (Cc) the Outstanding Principal Balance. The accrual period for calculating Borrower acknowledges this will result in a higher rate of interest due than if interest were calculated based on each Monthly Payment Date shall be the Interest Period immediately prior a 365-366-day year and waives any right to such Monthly Payment Dateobject to said basis of calculation.

Interest Calculation. Interest on the Outstanding Principal Balance shall be calculated by multiplying (A) the actual number of days elapsed in the period for which the calculation is being made by (B) a daily rate based on a three hundred sixty (360) day year (that is, the Applicable Interest Rate or the Default Rate, as then expressed as an annual rate divided by 360) by (C) the Outstanding Principal BalanceBalance of the Loan. The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period ending immediately prior to such Monthly Payment Date.

Interest Calculation. Interest on the Outstanding Principal Balance outstanding principal balance of each Component shall be calculated by multiplying (Aa) the actual number of days elapsed in the period for which the calculation is being made by (Bb) a daily rate based on a three hundred sixty (360) day year (that is, the Interest Rate or the Default Rate, as then applicable, expressed as an annual rate divided by 360) by (Cc) the Outstanding Principal Balanceoutstanding principal balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period calendar month immediately prior to such Monthly Payment Date.

Interest Calculation. Interest With respect to any applicable period, interest on the Outstanding Principal Balance shall be calculated by multiplying (Aa) the actual number of days elapsed in the period for which the calculation is being made by (Bb) a daily rate based on the Interest Rate and a three hundred sixty (360) day year (that is, the Interest Rate expressed as an annual rate divided by 360) by (Cc) the Outstanding Principal Balance. The accrual Balance in effect for the applicable period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to such Monthly Payment Dateas calculated by Lender.

Interest Calculation. Interest on the Outstanding Principal Balance shall be calculated by multiplying (A) the actual number of days elapsed in the period for which the calculation is being made by (B) a daily rate based on a three hundred sixty (360) day year (that is, the Interest Rate expressed as an annual rate divided by 360) by (C) the Outstanding Principal Principal‌ Balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to such Monthly Payment Date.

Interest Calculation. Interest on the Outstanding Principal Balance shall be calculated by multiplying (Aa) the actual number of days elapsed in the period for which the calculation is being made by (Bb) a daily rate based on a three hundred sixty (360) day year (that is, the LIBOR Interest Rate Rate, the Base Rate, or the Default Rate, as then applicable, expressed as an annual rate divided by 360) by (Cc) the Outstanding Principal Balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to such Monthly Payment Date.

Interest Calculation. With respect to any applicable Interest Period, interest on the Outstanding Principal Balance shall be calculated by multiplying (Aa) the actual number of days elapsed in the period Interest Period for which the calculation is being made by (Bb) a daily rate based on the Interest Rate and a three hundred sixty (360) day year (that is, the Interest Rate expressed as an annual rate divided by 360) by (Cc) the average Outstanding Principal Balance. The accrual period Balance in effect for calculating interest due on each Monthly Payment Date shall be the applicable Interest Period immediately prior to such Monthly Payment Dateas calculated by Lender.

Interest Calculation. Interest on the Outstanding Principal Balance shall be calculated by multiplying (Aa) the actual number of days elapsed in the period for which the calculation is being made made, by (Bb) a daily rate based on a three hundred sixty (360) day year (that is, the Interest Rate or the Default Rate, as then applicable), expressed as an annual rate divided by 360) ), by (Cc) the Outstanding Principal Balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to such Monthly Payment Date.. Pool 1

Interest Calculation. Interest on the Outstanding Principal Balance shall be calculated by multiplying (A) the actual number of days elapsed in the period for which the calculation is being made by (B) a daily rate based on a three hundred sixty (360) day year (that is, the Interest Rate or the Default Rate, as then applicable), expressed as an annual rate divided by 360) by (C) the Outstanding Principal Balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to such Monthly Payment Date.

Interest Calculation. Interest With respect to any applicable period, interest on the Outstanding Principal Balance shall be calculated by multiplying (Aa) the actual number of days elapsed in the period Interest Period for which the calculation is being made by (Bb) a daily rate based on the Interest Rate and a three hundred sixty (360) day year (that is, the Interest Rate expressed as an annual rate divided by 360) by (Cc) the average Outstanding Principal Balance. The accrual Balance in effect for the applicable period for calculating interest due on each Monthly Payment Date as calculated by Lender (which calculation shall be the Interest Period immediately prior to such Monthly Payment Datebinding absent manifest error).

Interest Calculation. Interest From and after the Closing Date, interest on the Outstanding Principal Balance shall be calculated by multiplying (Aa) the actual number of days elapsed in the period for which the calculation is being made by (Bb) a daily rate based on a equal to the Applicable Interest Rate divided by three hundred sixty (360) day year (that is, the Interest Rate expressed as an annual rate divided by 360) by (Cc) the Outstanding Principal Balance. The accrual period for calculating interest due on each Monthly Payment Date shall be outstanding principal balance of the Interest Period immediately prior to such Monthly Payment DateNote.

Interest Calculation. Interest on the Outstanding Principal Balance shall be calculated by multiplying (Aa) the actual number of days elapsed in the period for which the calculation is being made by (Bb) a daily rate or rates based on a three hundred sixty (360) day year (that is, the Interest Rate expressed as an annual rate divided by 360) by (Cc) the Outstanding Principal Balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to such Monthly Payment Date.

Interest Calculation. Interest on the Outstanding Principal Balance shall be calculated on a 365/365 simple interest basis; that is, by multiplying applying the ratio of the interest rate over the number of days in a year (A) 365 for all years, including leap years), multiplied by the Outstanding Principal Balance, multiplied by the actual number of days elapsed in the period for which principal balance is outstanding. All interest payable under the calculation Note and the other Loan Documents is being made by (B) a daily rate based on a three hundred sixty (360) day year (that is, the Interest Rate expressed as an annual rate divided by 360) by (C) the Outstanding Principal Balance. The accrual period for calculating interest due on each Monthly Payment Date shall be the Interest Period immediately prior to such Monthly Payment Datecomputed using this method.

Interest Calculation. Interest With respect to any applicable period, interest on the Outstanding Principal Balance shall be calculated by multiplying (Aa) the actual number of days elapsed in the period for which the calculation is being made by (Bb) a daily rate based on the Interest Rate and a three hundred sixty (360) day year (that is, the Interest Rate expressed as an annual rate divided by 360) by (Cc) the Outstanding Principal Balance. The accrual Balance in effect USActive 36631986.12 -48- for the applicable period for calculating interest due on each Monthly Payment Date as calculated by Agent (which calculation shall be the Interest Period immediately prior to such Monthly Payment Dateconclusive and binding absent manifest error).