Overdue Interest definition

Overdue Interest means any interest payable pursuant to Section 2.8(b) of the Credit Agreement.
Overdue Interest means interest due but not paid on the Interest Payment Date on which such interest is required to be paid.
Overdue Interest means, for any Payment Date, the sum of (i) the Class A Overdue Interest, (ii) the Class B Overdue Interest, (iii) the Class C Overdue Interest, (iv) the Class D Overdue Interest and (v) the Class E Overdue Interest.

Examples of Overdue Interest in a sentence

  • Definitions for the following terms, to the extent they appear in any Transaction Document, shall be amended to conform with the amended definitions in the Equipment Lease: Basic Rent, Basic Rent Payment Date, Casualty Payment Date, Lease Term, Overdue Interest Rate, Primary Term, Renewal Term, and Termination Payment Date; provided that “Lease Term” as defined in the Easement Lease shall be amended as set forth herein.

  • Interest on overdue amounts shall be payable by the Defaulting Party to PTSC at the Overdue Interest Rate from the date payment was due until paid.

  • If there is an underpayment of the Net Profit split to Eagle, Eagle will send an invoice to Sandoz for the amount of the underpayment and the Overdue Interest Amount from the original due date.

  • In addition, in case of contract termination due to late payment by the Purchaser, the Purchaser must pay the Seller the Overdue Interest rate specified in point a of this clause for the amount of late payment from the payment due date to the termination date of contract; + Yêu cầu Bên Mua bồi thường thiệt hại cho Bên Bán và các bên liên quan (nếu có).

  • The Lender shall have the right to waive its right to charge the Overdue Interest Rate from the Borrower.


More Definitions of Overdue Interest

Overdue Interest means interest calculated and payable as provided for in clause 16;
Overdue Interest means, with respect to any Payment Date and any Note, the difference, if any, between (a) the amount of Note Interest due on the prior Payment Date with respect to such Note and (b) the amount of Note Interest (from whatever source) actually paid to the Noteholder thereof on the prior Payment Date, plus (to the extent permitted by law) interest on any such shortfall on the prior Payment Date at the Note Interest Rate from and including the prior Payment Date through the day immediately preceding the Payment Date of such calculation.
Overdue Interest has the meaning ascribed to it in Clause 6.5;
Overdue Interest means, for a Class of Notes and any Payment Date, the ---------------- difference between:
Overdue Interest means such interest calculated at the overdue rate as specified in Schedule 4 in connection with any overdue Lease Rent and other sums payable under this Agreement for the period from the relevant Payment Date or due day run from day to day until the date of settlement of such amount;
Overdue Interest means, as of any Payment Date, the amount, if any, by which Accrued Interest in respect of all prior Payment Dates exceeds the amount paid to Noteholders on such prior Payment Dates, together with interest thereon for each Accrual Period for each Class at the rate of the applicable Note Interest Rate plus 2%.
Overdue Interest. As such term is defined in the Note.