Common use of Interest Computation Clause in Contracts

Interest Computation. Interest shall be computed as set forth on Schedule I hereto. In computing interest, the date of the making of any Credit Extension shall be included and the date of payment shall be excluded; provided, however, that if any Credit Extension is repaid on the same day on which it is made, such day shall be included in computing interest on such Credit Extension.

Appears in 35 contracts

Samples: Loan and Security Agreement (Castle Biosciences Inc), Loan and Security Agreement (Olema Pharmaceuticals, Inc.), Loan and Security Agreement (Serve Robotics Inc. /DE/)

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Interest Computation. Interest shall be computed as set forth on Schedule I heretothe basis of the actual number of days elapsed. In computing interest, the date of the making of any Credit Extension shall be included and the date of payment shall be excluded; provided, however, that if any Credit Extension is repaid on the same day on which it is made, such day shall be included in computing interest on such Credit Extension.

Appears in 1 contract

Samples: Loan and Security Agreement (Spartan Acquisition Corp. II)

Interest Computation. Interest shall be computed as set forth on Schedule I hereto. In computing interest, the date of the making of any Credit Extension shall be included and the date of payment shall be excluded; provided, however, that if any Credit Extension is repaid on the same day on which it is made, such day shall be included in computing interest on such Credit Extension.. EXECUTION VERSION

Appears in 1 contract

Samples: Loan and Security Agreement (Outbrain Inc.)

Interest Computation. Interest shall be computed as set forth on Schedule I hereto. In computing interest, the date of the making of any Credit Extension shall be included and the date of payment shall be ​ ​ excluded; provided, however, that if any Credit Extension is repaid on the same day on which it is made, such day shall be included in computing interest on such Credit Extension.

Appears in 1 contract

Samples: Loan and Security Agreement (Netlist Inc)

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Interest Computation. Interest shall be computed as set forth on Schedule I heretothe basis of the actual number of days elapsed. In computing interest, the date of the making of any Credit Extension shall be included and the date of payment shall be excluded; provided, however, that if any Credit Extension is repaid on the same day on which it is made, such day shall be included in computing interest on such Credit Extension.. 1.4

Appears in 1 contract

Samples: Loan and Security Agreement (Sunlight Financial Holdings Inc.)

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