Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the Loan Interest Rate plus 2.0% per annum.
Appears in 5 contracts
Samples: Purchase, Sale and Contribution Agreement, Purchase, Sale and Contribution Agreement (Golar LNG Partners LP), Loan Agreement
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the Loan Interest Rate plus 2.0% rate of 2 per cent. per annum.
Appears in 4 contracts
Samples: Loan Agreement (Golar LNG LTD), Purchase, Sale and Contribution Agreement (Golar LNG Partners LP), Loan Agreement (Golar LNG Partners LP)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the Loan Interest Rate plus 2.0% rate per annumannum determined by the Issuer to be 1.5 per cent. above, the rate set out in Clause 6.3.
Appears in 3 contracts
Samples: Guarantee Facility Agreement (TBS International PLC), Guarantee Facility Agreement (TBS International LTD), Guarantee Facility Agreement (TBS International LTD)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the Loan Interest Rate plus 2.0% rate per annum.annum determined by the Agent to be two percent (2%) above: Confidential
Appears in 1 contract
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment): in the case of any principal (including any capitalised interest) at the Loan Interest Rate rate of thirteen point seven (13.7) per cent. (representing the fixed interest payable pursuant to Clause 5.2 plus 2.0% one (1) per cent. per annum.); and
Appears in 1 contract
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the Loan Interest Rate plus 2.0% per annum.):
Appears in 1 contract
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the Loan Interest Rate plus 2.0% a fixed rate of 8.75 per cent. per annum.
Appears in 1 contract
Default Rate of Interest. Interest shall accrue on an overdue amount (and any unpaid interest with respect thereto) from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the Loan Interest Rate plus 2.0rate of 2% per annum.
Appears in 1 contract
Samples: Loan Agreement (GasLog Partners LP)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the Loan Interest Rate plus 2.0% rate per annum.annum determined by the Agent to be 2.00 per cent. above:
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
Default Rate of Interest. Interest shall accrue on an overdue amount from (and including) the relevant date until the date of actual payment (as well after as before judgment) at the Loan Interest Rate plus 2.0% per annum.actual
Appears in 1 contract