DUE DATE OF PAYMENT. If the due date in respect of any installment of principal, interest, Additional Interests, Further Interest and Liquidated Damages and all other monies payable under this Agreement falls on a day which is a bank holiday at the place where the payment is to be made, the immediately preceding working day shall be the due date for such payment.
DUE DATE OF PAYMENT. If the due date in respect of any EMI falls on a Saturday or a day which is a bank holiday at the place where the payment is to be made, the immediate succeeding working day shall be the due date for such payment.
DUE DATE OF PAYMENT. If the Due Date in respect of any amounts including Defaulted Amounts, commission, charges and interest falls on a day which is not a Business Day at the place where the payment is to be made, the immediately preceding Business Day shall be the Due Date for such payment.
DUE DATE OF PAYMENT. (A) Where the Covenantor becomes liable to make any payment under clause 2 (Covenant) in respect of a charge to stamp duty, the due date for the making of that payment shall be the date which is three days after the Covenantor has been sent a copy of the document, duly stamped, which has given rise to that liability and in addition to any amount so payable the Covenantor shall add to that amount six days' interest, calculated on a daily basis at the base rate from time to time of Midland Bank plc.
(B) In any other case where the Covenantor becomes liable to make any payment under clause 2 (Covenant), the due date for the making of that payment shall be the date falling seven days after the date when the Covenantor has been served notice by the Purchaser that the Covenantor has a liability for a determinable amount under clause 2 (Covenant) or, if later:-
(i) in the case of an 'A' Tax Liability, the date three days before the last date on which the relevant Group Company would have had to pay the Tax that has given rise to the Covenantor's liability under this deed in order to avoid incurring a liability to interest or a charge or penalty in respect of that Tax Liability;
(ii) in the case of a 'B' Tax Liability, the date on which the relevant repayment would have been made;
(iii) in the case of a 'C' Tax Liability, the date on which the amount of Tax in question would have been payable but for the relevant utilisation of a Purchaser's Tax Relief;
(iv) in the case of a 'D' Tax Liability, the date three days before the date on which the Tax in question becomes payable as a result of the loss of the relevant Purchaser's Tax Relief;
(v) in the case of an 'E' Tax Liability, the date three days before the date on which the relevant repayment is to be made, provided that, in the case of a 'B' Tax Liability, a 'C' Tax Liability, a 'D' Tax Liability or an 'E' Tax Liability, the Purchaser must when serving notice also notify the Covenantor that the auditors for the time being of the relevant Group Company have certified that the Covenantor has that liability for a determinable amount.
(C) If any payment required to be made by the Covenantor under this deed is not made by the due date for the making thereof, then, except to the extent that the Covenantor's liability under clause 2 (Covenant) compensates the Purchaser for the late payment by virtue of its extending to interest and penalties, that payment shall carry interest from that due date until the date when the p...
DUE DATE OF PAYMENT. 7.1 Where any Seller becomes liable to make any payment pursuant to paragraph 2 the Due Date for the making of that payment shall be the date of written demand by the Buyer or (if later):
(A) subject as provided by paragraph 7.1(C), in a case that involves an actual payment of tax by the Company (or would have done but for the use of any Relief or right of repayment as referred to in paragraph 1.3(C)) seven days prior to the date that is the last date on which the Company or Buyer would have had to have paid to the appropriate Tax Authority the tax that has given rise to the Sellers’ liability under this Schedule in order to avoid incurring a liability to interest or a charge or penalty in respect of that tax liability;
(B) in a case falling within paragraph 1.3(A) or (B), the date on which any tax liability would have fallen due but for any available Reliefs, rights of repayment or claims of a similar nature;
(C) in a case falling within paragraph 1.3(C), the date on which the Company becomes due to pay any tax which it would not, but for such setting off, have had to pay; or
(D) in a case falling within paragraph 2.1(C) a liability to inheritance tax or a charge on or power to sell, mortgage or charge any of the shares or assets of the Company shall be treated as becoming due, and a charge or power to sell, mortgage or charge as arising, on the date of the transfer of value or other date or event on or in respect of which it becomes payable or arises and the provisions of section 213 of the Inheritance Tax Xxx 0000 shall not apply.
DUE DATE OF PAYMENT. If the due date in respect of any payment to be made under this Agreement falls on a day other than the Business Day, the immediately preceding Business Day shall be the due date for such payment.
DUE DATE OF PAYMENT. Where the Covenantors become liable to make any payment in respect of a Tax Claim, the due date for making that payment is:
(1) in a case that involves an actual payment by a Group Company, the later of:
(1) five Business Days before the last date on which that Group Company can make the payment in question without incurring a liability to interest or penalties; and
(2) five Business Days after the Buyer or relevant Group Company notifies the Covenantors of the liability to make a payment and the amount of that payment;
(2) in a case that falls within paragraph 4(i) of this Schedule, the later of:
(1) the date on which repayment would have been received; and
(2) five Business Days after the Buyer or the relevant Group Company notifies the Covenantors of the liability to make a payment and the amount of that payment;
(3) in a case that falls within paragraph 4(ii) of this Schedule, the later of:
(1) five Business Days before the relevant Group Company becomes due to pay any Tax which it would not, but for such loss, have had to pay (or would have become so due but for the use of any Accounts Relief); and
(2) five Business Days after the Buyer or the relevant Group Company notifies the Covenantors of the liability to make a payment and the amount of that payment;
(4) in a case that falls within paragraph 4(iii) of this Schedule, the later of:
(1) five Business Days before the relevant Group Company would have been due to pay the Tax but for such setting off; and
(2) five Business Days after the Buyer or relevant Group Company notifies the Covenantors of the liability to make a payment and the amount of that payment; or
(5) in any other case, five Business Days after the Buyer or relevant Group Company notifies the Covenantors of the liability to make a payment and the amount of that payment.
DUE DATE OF PAYMENT. Where the Sellers become liable to make any payment under paragraph 2, the due date for the making of that payment in cleared funds shall be:
8.1.1 in a case that involves an actual payment of Tax by the relevant Group Company, the day preceding the date that is the last date on which such Group Company would have had to have paid to the appropriate Tax Authority the Tax that has given rise to the Sellers' liability under this Schedule in order to avoid incurring a liability to interest or a charge or penalty in respect of that Tax liability or in order to enable the liability in question to be appealed; or
8.1.2 in a case falling within paragraph 2.1.2 the day preceding the date that is the last date on which the Tax, which but for such loss, reduction, modification or disallowance would have been saved, has to be paid to the appropriate Tax Authority in order to avoid incurring a liability to interest or a charge or penalty in respect of that Tax;
8.1.3 in a case falling within paragraph 2.1.3, the day payment would have been due under 8.1.1 above assuming the Post Accounts Date Relief had not been used or set off as envisaged in paragraph 2.1.3; or
8.1.4 in a case falling within paragraph 2.1.4 the date on which the repayment of Tax or payment or other consideration for the surrender of group relief would have been payable; or
8.1.5 in a case falling within paragraph 2.1.5, within 30 days of demand;
8.1.6 in any other case falling within paragraph 2, on the date on which the relevant Group Company is required to meet such liability;
DUE DATE OF PAYMENT. In respect of Rupee term loan, if the due date in respect of any instalment of principal, interest and liquidated damages and all other monies payable under the Loan Agreement falls on a Saturday or a day which is a bank holiday at the place where the payment is to be made , the immediately preceding working day shall be the due date for such payment.
DUE DATE OF PAYMENT. As per Agreement (The amount of EMI and/or number of EMI may get changed, due to change in interest rate / actual disbursed amount as per the terms and conditions of Loan Offer Letter)