Delay Interest. The interest rate set forth in (a) above is subject to increase at the Delay Rate as set forth in the Registration Rights Agreement.
Delay Interest. If the Borrower is delayed in performing any of its obligations to the Lender under this Agreement, immediately upon demand from the Lender, the Borrower shall pay to the Lender in accordance with this Agreement delay interest on the delayed obligation (hereinafter in this paragraph, “Delayed Obligation”) at 14% per annum for the period from the date the Delayed Obligation was to be performed (inclusive) until the day (inclusive) the Delayed Obligations in fully performed. Such delay interest shall accrue or a per diem basis for a relevant period (inclusive of the first day but exclusive of the last day), wherein divisions shall be done at the end of the calculation and any amount less than the Smallest Currency Unit shall be rounded down.
Delay Interest. If interest is not paid at maturity, the debtor shall have to pay the delay interest established by UBS to the bank from that date. The delay interest rate shall exceed the one month LIBOR rate valid on the due date by no more than 3%, plus the percentage pursuant to No. 2, para 1.
Delay Interest. If the Borrower fails to pay any amount on time under this Agreement, the Entrusted Loan Agreement and Related Loan Documents (including but not limited to Entrusted Loan principal, interest, handling fee, taxes or other payment), the Borrower shall pay the delay interest for the total delayed amount from the due date to the actual payment date, and the delay interest rate shall be 0.04% (14.4% per year) per day of the delayed amount. Meanwhile, the Borrower shall pay the delay payment consulting fee to the Entrusted Lender or other companies nominated by the Entrusted Lenders, the amount of which shall be calculated in 0.032% per day of the total delayed amount.
Delay Interest. Payment may be delayed if the payment amount on an invoice is not based upon the price(s) as stated in the Contract. If any payment is not made within 15 days after the required payment date, the Commonwealth may pay interest as determined by the Secretary of Budget in accordance with Act of December 13, 1982, P.L. 1155, No. 266, 72 P. S. § 1507, (relating to interest penalties on Commonwealth accounts) and accompanying regulations 4 Pa. Code §§ 2.31—2.40 (relating to interest penalties for late payments to qualified small business concerns).
Delay Interest. Without prejudice to any other rights or remedies to which MAFFFL and or Operator may be entitled, the Supplier shall be liable to the payment of interest on any delayed payments at the Delay Interest Rate, for the period of such delay in remitting the monies due. All accrued interest shall be compounded to the outstanding amount on a monthly basis.
Delay Interest. Any sum not paid on its normal or accelerated due date by Borrower shall carry interest automatically, to run from the expiration date until its full repayment, at the EONIA (or TEMPLE) rate - or any other rate which were to replace the same - taken on a daily basis and increased by the margin and 300 base points (3%) the year, it being specified that the EONIA rates applicable to the days which are not Working Days (within the meaning of the Target calendar) shall be the EONIA rate published for the preceding Working Day. The same applies to any expenses and disbursements which may have been advanced by the Banks at the time of this Agreement for any reason whatever. This provision cannot harm the current liability without notice and, consequently, be worth agreement of time of payment. This provision does not apply to the maturity without prior notice and, consequently, requires agreement on time of payment. The interest shall be capitalized, if due for one entire year, in accordance with article 1154 of the Civil code.
Delay Interest. Without derogating from the generality of the rights of the Landlord in this agreement, or in accordance to the law, in any event the Tenant shall delay a payment of rent and/or management fees, according to this agreement, not as a result of an action or omission of the Landlord, the Tenant shall be required to pay the Landlord the amount in delay with annual interest at a rate of 12% (hereinafter: the “Interest”) and this is from the date of delay and until the date of payment in actual fact. In the event the Landlord shall owe the Tenant monies and he shall not pay them to the Landlord at the time that shall be determined for this by the parties, the Landlord shall bear the linkage differences and interest under law.
Delay Interest. 6.1 In the event the Loan Amounts Repayable falls due in accordance with Articles 5 above and/or the Borrower fails to repay the Loan Amounts Repayable to the Lender in accordance with this Agreement, the Borrower shall be liable to pay a delay interest of 1% per month or any part of a week until full repayment of the due amount.
6.2 The delay interest above mentioned is not meant or intended to be liquidated damages, as per the Egyptian Civil Code, and the Parties agree that such amounts shall not be subject to the review of arbitration.
Delay Interest. Any amount that is not paid when due under this Agreement will bear Delay Interest as set out in Section 1.2(17) of the Joint Venture Agreement.
