Common use of Amount of Interest Clause in Contracts

Amount of Interest. The Indian Tribe agrees that whether the amount due the Federal Government is treated as a Federal claim or is treated as a debt determines how interest is calculated thereon and becomes due. Thus, Indian Tribe agrees to remit interest to the Federal Government in accordance with the following:

Amount of Interest. The Indian Tribe agrees that whether the amount due method by which interest is calculated depends on which process the Federal Government is treated as a Federal claim or is treated as a debt determines how interest is calculated thereon and becomes dueuses to recover the funds owed. Thus, The Indian Tribe therefore understands and agrees to remit pay the amount of interest to the Federal Government in accordance with the followingdetermined as follows: