Interest Rate Basis. All interest will be calculated at the per annum interest rate based on 360-day year and applied to the actual number of days elapsed.
Appears in 4 contracts
Samples: Business Loan Agreement (Coeur D Alenes Co /Ia/), Business Loan Agreement (Data I/O Corp), Construction Loan Agreement (Coeur D Alenes Co /Ia/)
Interest Rate Basis. All interest will be calculated at the per annum interest rate based on a 360-day year and applied to the actual number of days elapsed.
Appears in 4 contracts
Samples: Business Loan Agreement (Coeur D Alenes Co /Ia/), Business Loan and Credit Agreement (Ricex Co), Business Loan Agreement (Usana Inc)
Interest Rate Basis. All interest will be calculated at the per annum interest rate based on 360-day year and applied to the actual number of days elapsed.. (e)
Appears in 2 contracts
Samples: Business Loan Agreement (Semitool Inc), Bank Business Loan Agreement (Coeur D Alenes Co /Ia/)
Interest Rate Basis. All interest will be calculated at on the per annum interest rate based on 360-day year and applied to the basis of actual number of days elapsedelapsed over a year of 360 days.
Appears in 1 contract
Interest Rate Basis. All interest will be calculated at the per annum interest rate based on a 360-day year and applied to the actual number of days elapsed.. (d)
Appears in 1 contract
Samples: Bank Business Loan Agreement (Coeur D Alenes Co /Ia/)
