Compounding. (a) Interest which is not paid when due for payment may be capitalised by the Council at 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 7.
Appears in 3 contracts
Samples: Community Benefit Planning Agreement, Community Benefit Planning Agreement, Community Benefit Planning Agreement
Compounding. (a) Interest which is not paid when due for payment may be capitalised by the Council at 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 7clause 13.
Appears in 2 contracts
Samples: Planning Agreement, Planning Agreement
Compounding. (a) Interest which is not paid when due for payment may be capitalised by the Council at 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 7clause 14.
Appears in 2 contracts
Samples: Planning Agreement, 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 7clause 13.
Appears in 2 contracts
Samples: Planning Agreement, Planning Agreement
Compounding. (a) Interest which is not paid when due for payment may be capitalised by the Council at 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 7clause 13.
Appears in 1 contract
Samples: Planning Agreement
Compounding. (a) Interest which is not paid when due for payment may be capitalised by the Council at 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 79.
Appears in 1 contract
Samples: Voluntary Planning Agreement
Compounding. (a) Interest which is not paid when due for payment may be capitalised by the Council at 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 7clause 14.
Appears in 1 contract
Samples: Planning Agreement
