Commission and Interest Sample Clauses

Commission and Interest. 5.1. Interest on Loans will accrue daily at the annualised rate and on the basis agreed between the parties. Failing separate agreement, actual/360 day count convention will apply. BCS will debit the Client’s Margin Account with such accrued interest periodically without prior notice. Where the Client borrows Margin Securities interest will accrue on the market value of the Margin Securities as determined by BCS by reference to such pricing sources as BCS considers appropriate and taking into account, in its absolute discretion, any variation in the value of cash or the Margin Securities due to the availability, liquidity, solvency or market volatility or other market variable applicable to the Margin Securities. The Client understands that the interest rates are subject to change by BCS at any time without the Client’s consent. BCS will notify the Client prior to the date such change is to take effect. 5.2. The Client will be charged commission under Roll-Over Transactions at the annualised rate and on the basis agreed between the parties. Failing separate agreement, actual/360 day count convention will apply. BCS will debit commission due to the Client’s Margin Account periodically without prior notice. The Client understands that the commission rates are subject to change by BCS at any time without the Client’s consent. BCS will notify the Client prior to the date such change is to take effect. 5.3. The Client agrees that BCS may charge a financing fee to cover a negative balance on the Client’s Margin Account by increasing or decreasing the repurchase price under a Roll-Over Transaction or charge the fee separately against the Client’s Margin Account cash balance. Such fees will be documented in the Fee Schedule to these Terms. 5.4. BCS may pay interest on positive cash balances in the Client’s Margin Account provided that relevant interest rates have been specifically agreed between the Client and BCS. Unless otherwise agreed, simple interest will accrue daily according to the actual number of days elapsed.
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Commission and Interest. 24.1. The Landlord agrees that, where any commission, interest or other income earned by Xxxxxxxxxxxxx whilst carrying out our duties as agent of letting and/or management of the Property (for example by referrals to contractors or subcontractors) will be remained by Xxxxxxxxxxxxx. 24.2. Where a management percentage is not charged and/or the rent received from the Tenant is inclusive of bills, any amount Knightsbridge receives above the agreed amount paid to the Landlord is recognised as Managing Agent fees and/or tenants' bills (if Tenant rent received is bills inclusive).
Sample 1
Commission and Interest. 25.1. The Landlord agrees that, where any commission, interest or other income earned by BPS whilst carrying out our duties as agent of letting and/or management of the Property (for example by referrals to contractors or subcontractors) will be remained by BPS. 25.2. Where a management percentage is not charged and/or the rent received from the Tenant is inclusive of bills, any amount BPS receives above the agreed amount paid to the Landlord is recognised as Managing Agent fees and/or tenants' bills (if Tenant rent received is bills inclusive).
Sample 1
Commission and Interest. Where by virtue of the payment made by the FACTORING COMPANY to the SUPPLIER, on the instructions and on behalf of the CLIENT, the FACTORING COMPANY grants the CLIENT a payment deferral, accepting the request made by the latter by sending to the FACTORING COMPANY the communication specified under Annex 1 of this CONFIRMING AGREEMENT, the CLIENT shall be required to pay to the FACTORING COMPANY the daily commission and deferral interest, agreed to from time to time, starting from the date of the natural (non deferred) maturity of the credits and until actual payment, without prejudice to the terms and conditions set out below, according to the procedures and within the terms stipulated under Annex 1 of this CONFIRMING AGREEMENT. In view of the deferral granted, the CLIENT hereby undertakes to pay to the FACTORING COMPANY deferral interest at the rate agreed, with quarterly capitalisation in arrears, also in relation to periods shorter than one month, which shall be calculated from the original date of maturity of the assigned invoices until the date set by agreement with the FACTORING COMPANY. With regard to the above, the FACTORING COMPANY is hereby authorised to issue invoices for interest to the CLIENT, which must be honoured by the latter by Sepa Credit Transfer (SCT) in favour of the FACTORING COMPANY into the account communicated by the latter, with value date set within and not beyond 15 days of the date of maturity of the individual invoices. In the event that the CLIENT fails to pay the FACTORING COMPANY the amounts of the credits deferred within 15 days of the (deferred) date of maturity of the credits, the CLIENT hereby expressly acknowledges and authorises the FACTORING COMPANY to deduct interest increased by further percentage points – to be agreed with the FACTORING COMPANY – over the level originally stipulated for the deferral agreed, starting from the deferred date of maturity of the claim. This increase shall be applied to the share of the claim which has expired for more than 15 days compared to the original maturity of the deferral. The above is in any case without prejudice to the right of the FACTORING COMPANY to cancel the original deferral agreed to. Where the FACTORING COMPANY exercises the right of cancellation, it is hereby understood that, as of the date of notification of the termination, the CLIENT shall automatically be considered to be in arrears, and accordingly the FACTORING COMPANY will apply interest on arrears against th...
Sample 1
Commission and Interest. 25.1. The Landlord agrees that, where any commission, interest or other income earned by Atterway whilst carrying out our duties 25.2. Where a management percentage is not charged and/or the rent received from the Tenant is inclusive of bills, any amount Atterway receives above the agreed amount paid to the Landlord is recognised as Managing Agent fees and/or tenants' bills (if Tenant rent received is bills inclusive).
Sample 1
Commission and Interest. Party A shall pay the commission to Party B at 1.0% of the total payment of the goods (including tax). Party A shall also reimburse Party B the interests and the taxes generated by the advance payment effected by Party B by the method stipulated in Article 7 hereof.
Sample 1

Related to Commission and Interest

  • Payments and Interest Payments required of PURCHASER by this contract or modifications of this contract, other than those in Sections 13 and 42, shall be received by STATE within the time period stated on the instrument requesting payment from PURCHASER. Payments received after the due date stated on the billing instrument may be subject to an interest charge. The interest rate applied to overdue payments shall be the prime interest rate in effect on the day the payment became delinquent, as established by U.S. Bank, Xxxx and Xxxx Branch, plus 4 percent. Interest shall be calculated from the date of the original billing to the date payment is received by the State Forester.

  • Payment and Interest The amount determined payable pursuant to the decision, less any portion already paid, normally should be paid without awaiting Contractor action concerning appeal. Such payments shall be without prejudice to the rights of either party. Interest on amounts ultimately determined to be due to a Contractor shall be payable at the Statutory rate applicable to judgments against the State under Chapter 662, HRS from the date of receipt of a properly certified final written statement of actual adjustment required until the date of decision; except, however, that if an action is initiated in circuit court, interest under this Section 7.25, DISPUTES AND CLAIMS (§3-126-31 HAR) shall only be calculated until the time such action is initiated. Interest on amounts due the Department from the Contractor shall be payable at the same rate from the date of issuance of the Project Manager’s notice to the Contractor. Where such payments are required to be returned by a subsequent decision, interest on such payments shall be paid at the statutory rate from the date of payment.

  • Taxes and Interest (1) Except as hereinafter provided, all interest earned on the Settlement Amount in the Trust Account shall accrue to the benefit of the Settlement Classes and shall become and remain part of the Trust Account. (2) Subject to Section 3.2(3), all taxes payable on any interest which accrues on the Settlement Amount in the Trust Account or otherwise in relation to the Settlement Amount shall be paid from the Trust Account. Siskinds LLP or the Claims Administrator, as appropriate, shall be solely responsible to fulfill all tax reporting and payment requirements arising from the Settlement Amount in the Trust Account, including any obligation to report taxable income and make tax payments. All taxes (including interest and penalties) due with respect to the income earned by the Settlement Amount shall be paid from the Trust Account. (3) The Settling Defendants shall have no responsibility to make any filings relating to the Trust Account and will have no responsibility to pay tax on any income earned on the Settlement Amount or pay any taxes on the monies in the Trust Account, unless this Settlement Agreement is not approved, is terminated, or otherwise fails to take effect for any reason, in which case the interest earned on the Settlement Amount in the Trust Account or otherwise shall be paid to the Settling Defendants who, in such case, shall be responsible for the payment of all taxes on such interest not previously paid by Siskinds LLP or the Claims Administrator.

  • Computation of Fees and Interest (a) All computations of interest for Base Rate Loans when the Base Rate is determined by BofA's "reference rate" shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more interest being paid than if computed on the basis of a 365-day year). Interest and fees shall accrue during each period during which interest or such fees are computed from the first day thereof to the last day thereof. (b) Each determination of an interest rate by the Agent shall be conclusive and binding on the Company and the Banks in the absence of manifest error. The Agent will, at the request of the Company or any Bank, deliver to the Company or the Bank, as the case may be, a statement showing the quotations used by the Agent in determining any interest rate and the resulting interest rate.

  • Expenses and Interest If, after a Change in Control of the Company, (a) a dispute arises with respect to the enforcement of the Executive’s rights under this Agreement or (b) any legal or arbitration proceeding shall be brought to enforce or interpret any provision contained herein or to recover damages for breach hereof, in either case so long as the Executive is not acting in bad faith, then the Company shall reimburse the Executive for any reasonable attorneys’ fees and necessary costs and disbursements incurred as a result of the dispute, legal or arbitration proceeding (“Expenses”), and prejudgment interest on any money judgment or arbitration award obtained by the Executive calculated at the rate of interest announced by U.S. Bank National Association, Minneapolis, Minnesota, from time to time at its prime or base lending rate from the date that payments to him or her should have been made under this Agreement. Within ten days after the Executive’s written request therefore (but in no event later than the end of the calendar year following the calendar year in which such Expense is incurred), the Company shall reimburse the Executive, or such other person or entity as the Executive may designate in writing to the Company, the Executive’s reasonable Expenses.

  • Payments of Principal and Interest (a) The Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes and the Class B Notes shall accrue interest during each Interest Period at the Class A-1 Rate, the Class A-2 Rate, the Class A-3 Rate, the Class A-4 Rate and the Class B Rate, respectively, and such interest shall be payable on each related Payment Date as specified in such Notes, pursuant to Section 5.06 of the Sale and Servicing Agreement and Section 3.01 hereof. Any installment of interest or principal payable on any Note that is punctually paid or duly provided for by the Issuer on the applicable Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered on the Record Date by wire transfer in immediately available funds to the account designated by such Person. (b) The principal of each Note shall be payable in installments on each Payment Date pursuant to Section 5.06 of the Sale and Servicing Agreement and subject to the availability of funds therefor. All principal payments on each Class of Notes shall be made pro rata to the Noteholders of such Class entitled thereto. In accordance with Section 10.01, the Indenture Trustee shall notify the Person in whose name a Note is registered at the close of business on the Record Date preceding the Payment Date on which the final installment of principal of and interest on such Note will be paid. Such notice shall be mailed or transmitted by facsimile not less than 15 nor more than 30 days prior to such final Payment Date, shall specify that such final installment will be payable only upon presentation and surrender of such Note and shall specify the place where such Note may be presented and surrendered for payment of such installment. (c) In the event that any withholding tax is imposed on the Trust’s payment (or allocations of income) to the Noteholders, such tax shall reduce the amount otherwise distributable to the Noteholders in accordance with this Section. The Issuer will instruct the Indenture Trustee regarding the imposition of such withholding tax and, upon receiving such instruction, the Indenture Trustee is hereby authorized and directed to retain from amounts otherwise distributable to the Noteholders sufficient funds for the payment of any tax that is legally owed by the Trust (but such authorization shall not prevent the Indenture Trustee from contesting any such tax in appropriate proceedings, and withholding payment of such tax, if permitted by law, pending the outcome of such proceedings). The amount of any withholding tax imposed with respect to the Noteholders shall be treated as cash distributed to the Noteholders at the time it is withheld by the Trust and remitted to the appropriate taxing authority. If there is a possibility that withholding tax is payable with respect to any distribution (such as any distribution to a Non-U.S. Person), the Indenture Trustee may in its sole discretion withhold such amounts in accordance with this paragraph (c). In the event that any Noteholder wishes to apply for a refund of any such withholding tax, the Indenture Trustee shall reasonably cooperate with the Noteholder in making such claim so long as the Noteholder agrees to reimburse the Indenture Trustee for any out-of-pocket expenses incurred.

  • Late Charge and Interest Tenant acknowledges that late payment by Tenant to Landlord of Rent under this Lease will cause Landlord to incur costs not contemplated by this Lease, the exact amount of which is extremely difficult or impracticable to determine. Such costs include, but are not limited to, processing and accounting charges, late charges that may be imposed on Landlord by the terms of any Security Instrument, and late charges and penalties that may be imposed due to late payment of Real Property Taxes. Therefore, if any installment of Base Monthly Rent or any payment of Additional Rent or other rent due from Tenant is not received by Landlord in good funds by the date that is three (3) business days after its due date, Tenant shall pay to Landlord an additional sum equal to five percent (5%) of the amount overdue as a late charge; provided, however, such late charge shall be waived for the first late payment of Rent in any calendar year provided Tenant makes such payment within three (3) business days after receipt of written notice. The parties acknowledge that this late charge represents a fair and reasonable estimate of the costs that Landlord will incur by reason of late payment by Tenant. In no event shall this provision for a late charge be deemed to grant to Tenant a grace period or extension of time within which to pay any rent or prevent Landlord from exercising any right or remedy available to Landlord upon Tenant’s failure to pay any rent due under this Lease in a timely fashion, including any right to terminate this Lease pursuant to Section 13.2C. If any rent remains delinquent for a period in excess of thirty (30) days then, in addition to such late charge, Tenant shall pay to Landlord interest on any rent that is not paid when due at the Agreed Interest Rate following the date such amount became due until paid.

  • Notification of Rate of Interest and Interest Amounts The Principal Paying Agent will cause the Rate of Interest and each Interest Amount for each Interest Period and the relevant Interest Payment Date to be notified to the Issuer and any stock exchange on which the relevant Floating Rate Notes or Index Linked Interest Notes are for the time being listed and notice thereof to be published in accordance with Condition 15 as soon as possible after their determination but in no event later than the fourth London Business Day thereafter. Each Interest Amount and Interest Payment Date so notified may subsequently be amended (or appropriate alternative arrangements made by way of adjustment) without prior notice in the event of an extension or shortening of the Interest Period. Any such amendment will be promptly notified to each stock exchange on which the relevant Floating Rate Notes or Index Linked Interest Notes are for the time being listed and to the Noteholders in accordance with Condition 15. For the purposes of this paragraph, the expression “

  • Distributions and Interest Amount (i) Interest Rate. "Interest Rate" for any day means, the Federal Funds Overnight Rate. For the purposes hereof, "Federal Funds Overnight Rate" means, for any day, an interest rate per annum equal to the rate published as the Federal Funds Effective Rate that appears on Telerate Page 118 for such day.

  • Late Charges and Interest Tenant hereby acknowledges that late payment by Tenant to Landlord of Rent will cause Landlord to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult to ascertain. Such costs include, but are not limited to, processing and accounting charges, and late charges which may be imposed on Landlord by the terms of any mortgage or trust deed covering the Premises. Accordingly, if any installments of Rent shall not be received by Landlord or Landlord's designee within five (5) days after such amount shall be due, Tenant shall pay to Landlord a late charge equal to fifteen percent (15%) of such overdue amount ("Late Charge"). The parties hereby agree that such Late Charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of late payments by Tenant. Acceptance of such Late Charge by Landlord shall in no event constitute a waiver of Tenant's default with respect to such overdue amount, nor prevent Landlord from exercising any of the other rights and remedies granted hereunder. In addition, Tenant shall pay interest on all Rent not paid on the date when due at an annual interest rate of eighteen percent (18%) or the highest rate permitted by law, whichever is lower ("Interest Rate"). In the event any check, bank draft or negotiable instrument given for any payments under this Lease shall be dishonored at any time for any reason whatsoever not attributable to Landlord, Landlord shall be entitled, in addition to any other remedy that may be available, to an administrative charge of $200.00.

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