Common use of Capital Sum Clause in Contracts

Capital Sum. (a) The Resident upon settlement shall pay the Capital Sum as set out in the Schedule of Details. (b) If for any reason save the default of the Operator the Resident fails to pay any portion of the payments when due then without prejudice to any other rights or remedies of the Operator the Resident shall pay to the Operator interest on the amount due in accordance with Clause 3.8.

Appears in 8 contracts

Samples: Occupation Right Agreement, Occupation Right Agreement, Occupation Right Agreement

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