Common use of Compounding Clause in Contracts

Compounding. Interest which is not paid when due for payment may be capitalised by Council at intervals, which Council determines from time to time or, if no determination is made, then on the first day of each month. Interest is payable on capitalised interest at the rate and in the manner referred to in this clause 13.

Appears in 2 contracts

Samples: www.ryde.nsw.gov.au, www.ryde.nsw.gov.au

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Compounding. Interest which is not paid when due for payment may be capitalised by the Council at intervals, which Council determines from time to time or, if no determination is made, then on the first day of each month. Interest is payable on capitalised interest at the rate and in the manner referred to in this clause 13.

Appears in 2 contracts

Samples: Planning Agreement, Planning Agreement

Compounding. Interest which is not paid when due for payment may be capitalised by the Council at intervals, intervals which the Council determines from time to time or, if no determination is made, then on the first day of each month. Interest is payable on capitalised interest at the rate and in the manner referred to in this clause 1314.

Appears in 2 contracts

Samples: www.ryde.nsw.gov.au, www.ryde.nsw.gov.au

Compounding. Interest which is not paid when due for payment may be capitalised by the Council at intervals, intervals which the Council determines from time to time or, if no determination is made, then on the first day of each month. Interest is payable on capitalised interest at the rate and in the manner referred to in this clause 1314.

Appears in 1 contract

Samples: www.ryde.nsw.gov.au

Compounding. Interest which is not paid when due for payment may be capitalised by the Council at intervals, intervals which the Council determines from time to time or, if no determination is made, then on the first day of each month. Interest is payable on capitalised interest at the rate and in the manner referred to in this clause 13.

Appears in 1 contract

Samples: www.ryde.nsw.gov.au

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Compounding. (a) Interest which is not paid when due for payment may be capitalised by the Council at intervals, intervals which the Council determines from time to time or, if no determination is made, then on the first day of each month. Interest is payable on capitalised interest at the rate and in the manner referred to in this clause 13Clause 7.

Appears in 1 contract

Samples: Community Benefit Planning Agreement

Compounding. (a) Interest which is not paid when due for payment may be capitalised by the Council at intervals, intervals which the Council determines from time to time or, if no determination is made, then on the first day of each month. Interest is payable on capitalised interest at the rate and in the manner referred to in this clause 13Clause 9.

Appears in 1 contract

Samples: Planning Agreement

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