Due Date; Interest. 2.5.1 The Preliminary Purchase Price shall become due and payable at the Closing. Out of the Preliminary Purchase Price, an amount of EUR 5,500,000 (Euro five million five hundred thousand) shall be paid to the account of the Escrow Agent and the remainder shall be paid to the account of the Seller according to Section 2.6 .
Due Date; Interest. All payments required to be made under this Article XII shall be due upon the later of (a) incurrence of the Loss to which such required indemnification payment relates or (b) the date the promissory notes delivered pursuant to Section 2.3 are paid in full and shall include interest at the rate of ten percent (10%) per annum compounded annually from such due date through the date of payment.
Due Date; Interest. Except as otherwise specifically provided in this lease, all amounts owed by Tenant to Landlord pursuant to any provision of this lease shall be paid by Tenant within five (5) business days after Landlord's written demand, and all such amounts (including, without limitation, Base Rent and Additional Rent) shall bear interest from the date due until paid at the annual rate equal to the Default Rate (hereinafter defined), unless a lesser rate shall then be the maximum rate permissible by law with respect thereto, in which event such lesser rate shall be charged. The term "Default Rate" means of the rate of interest announced from time to time by The First National Bank of Chicago, Chicago, Illinois (or any successor), as its "prime rate" or "corporate base rate," changing as and when such rate changes, or if such rate is no longer in existence, then such other "prime rate" as may be designated by Landlord (herein, the "PRIME RATE"), plus three (3) percentage points. The provisions of this subparagraph shall in no way relieve Tenant of the obligation to pay Rent or any other sums due hereunder on or before the date on which payment is due, nor shall the collection by Landlord of any amount under this subparagraph impair the ability of Landlord to collect any amount under Section 19 of this lease.
Due Date; Interest. Any payments due under this Agreement shall be due on such date as specified in this Agreement and, in the event such date is a day on which commercial banks are not authorized to conduct business in either the States of Washington or New Jersey or the city of Berlin, Federal Republic of Germany, then the next succeeding Business Day. Any failure by a Party to make such payment within ten (10) Business Days after the date when due shall obligate such Party to pay computed interest to the receiving Party at a rate per annum equal to the Prime Rate as publicly announced by the Bank of America on Reuters Screen “US PRIME” on the due date or the next Business Day computed on the basis of a 356/360 year, such interest to be due and payable upon tender of payment.
Due Date; Interest. Except as otherwise specifically provided in this Lease, all amounts owed by Tenant to Landlord pursuant to any provision of this Lease (“Unpaid Rent”) shall be paid by Tenant within ten (10) days after Xxxxxxxx’s written demand. Unpaid Rent (including, without limitation, Monthly
Due Date; Interest. Except as otherwise specifically provided in this lease, all amounts owed by Tenant to Landlord pursuant to any provision of this lease shall be paid by Tenant within ten (10) days after Landlord’s written demand, and all such amounts (including, without limitation, Base Rent and Additional Rent) shall bear interest from the date due until paid at the annual rate equal to the Default Rate (hereinafter defined), unless a lesser rate shall then be the maximum rate permissible by law with respect thereto, in which event such lesser rate shall be charged. The term “Default Rate” means three (3) percentage points in excess of the rate of interest announced from time to time by The First National Bank of Chicago, Chicago, Illinois (or any successor), as its “prime rate” or “corporate base rate,” changing as and when such rate changes, or if such rate is no longer announced, then a comparable prime, base or reference rate used by such bank or by one of the five largest banks in Chicago, Illinois, as designated by Landlord, shall be used in its place. The provisions of this subparagraph shall in no way relieve Tenant of the obligation to pay Rent or any other sums due hereunder on or before the date on which payment is due, nor shall the collection by Landlord of any amount under this subparagraph impair the ability of Landlord to collect any amount under Section 19 of this lease.
Due Date; Interest. If any installment of Monthly Base Rent or any other sum due from Tenant pursuant to any provision of this Lease shall not be received by Landlord or Landlord’s designee within five (5) business days following the due date for such installment of Monthly Base Rent or Additional Rent, or within five (5) business days following written notice that such amount was not paid when due for any other sums which may become due under this Lease, then Tenant shall pay to Landlord a late charge equal to five percent (5%) of the overdue amount. The late charge shall be deemed additional rent and the right to require it shall be in addition to all of Landlord’s other rights and remedies hereunder or at law and shall not be construed as liquidated damages or as limiting Landlord’s remedies in any manner. In addition to the late charge described above, any Monthly Base Rent or Additional Rent owing hereunder which are not paid within five (5) business days following the due date for Base Rent, or within five (5) business days following written notice that such amount was not paid when due for any other sums which may become due under this lease shall bear interest from the date when due until paid at the Default Rate. The term “Default Rate” means the rate of interest announced from time to time, by Bank One, Chicago, Illinois (or any successor), as its “prime rate” or “corporate base rate,” changing as and when such rate changes, or if such rate is no longer in existence, then such other “prime rate” as may be designated by Landlord (herein, the “Prime Rate”) plus three (3) percentage points. The provisions of this subparagraph shall in no way relieve Tenant of the obligation to pay Rent or any other sums due hereunder on or before the date on which payment is due, nor shall the collection by Landlord of any amount under this subparagraph impair the ability of Landlord to collect any amount under Section 19 of this Lease. Notwithstanding anything to the contrary set forth in this Section 28(i), the first time in any 12 month period that Tenant fails to pay Rent when due, no late charge or interest shall be charged unless such failure continues for ten (10) days after written notice thereof from Landlord.
Due Date; Interest. Payment in full of the Fees and applicable taxes is due within thirty (30) days of the date of invoice. Any undisputed amounts not paid by the date due are subject to interest at the lesser of (i) 1.5% per month; or (ii) the maximum rate permitted by law, or to such other late penalty fees as may be imposed by Business Partner on Customer if the order is made through Business Partner.
Due Date; Interest. Payment of all amounts due hereunder shall be made by Customer within thirty (30) days after Cellebrite’s invoice date. The Customer shall make payment to Cellebrite’s advised bank account by wire transfer of immediately available funds, unless otherwise specified by Cellebrite. If the Customer seeks to pay any invoice using a credit card, Cellebrite may assess a convenience fee equal to three percent (3%) of the total amount of such invoice or the Fees due. Cellebrite may also assess an interest charge of up to one and one- half percent (1-1/2%) per month on all amounts which are not timely paid (but not to exceed the maximum lawful rate), accruing daily and compounding monthly from the date such amounts were due.
Due Date; Interest. The Aggregated Purchase Price shall become due and payable on the Closing Date together with interest accruing on the Xxxxxxx Share Purchase Price, the CT Share Purchase Price 1, the CT Share Purchase Price 2 and the AbZ Share Purchase Price at the rate of eight (8) percent per annum, commencing on the Effective Date and ending on the Closing Date. Interest shall be calculated on the basis of actual days elapsed and a calendar year with 360 days.
