Common use of Interest accrued Clause in Contracts

Interest accrued. Any amount owed hereunder to an Indemnified Party not paid within thirty (30) days after written demand from such Indemnified Party with an explanation of the amounts claimed shall bear interest at a rate per annum equal to the maximum interest rate applicable to overdue principal set forth in the Credit Agreement.

Appears in 5 contracts

Samples: Environmental Indemnity (Las Vegas Sands Corp), Credit Agreement (Wynn Resorts LTD), Environmental Indemnity (Las Vegas Sands Corp)

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Interest accrued. Any amount owed claimed hereunder to by an Indemnified Party not paid within thirty (30) days after written demand from such Indemnified Party with an explanation of the amounts claimed shall bear interest at a rate per annum equal to the maximum interest rate applicable to overdue principal set forth Reference Rate (as defined in the Credit Loan Agreement) plus 4% per annum.

Appears in 1 contract

Samples: Pledge Agreement (Presley Companies /De)

Interest accrued. Any amount owed hereunder to an Indemnified Party not paid within thirty (30) days after written demand from such Indemnified Party with an explanation of the amounts claimed shall bear interest at a rate per annum equal to the maximum interest rate applicable to overdue principal set forth in Section 4.01 of the Credit AgreementIndenture.

Appears in 1 contract

Samples: Unsecured Indemnity Agreement (Las Vegas Sands Inc)

Interest accrued. Any amount owed claimed hereunder to by an Indemnified Party not paid within thirty (30) days after written demand from such Indemnified Party with an explanation of the amounts claimed shall bear interest at a rate per annum equal to the maximum interest rate applicable to overdue principal set forth in the Credit Agreement.

Appears in 1 contract

Samples: Bank Environmental Indemnity (Grand Canal Shops Mall Construction LLC)

Interest accrued. Any amount owed claimed hereunder to by an Indemnified Party not paid within thirty (30) days after written demand from such Indemnified Party with an explanation of the amounts claimed shall bear interest at a rate per annum equal to the maximum interest default rate applicable to overdue principal Loans upon the occurrence and during the continuation of any Event of Default set forth in Section 2.2c of the Credit Agreement.

Appears in 1 contract

Samples: Unsecured Indemnity Agreement (Grand Canal Shops Mall Construction LLC)

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Interest accrued. Any amount owed claimed hereunder to by an Indemnified Party not paid within thirty (30) days after written demand from such Indemnified Party with an explanation of the amounts claimed shall bear interest at a rate per annum equal to the maximum interest rate applicable to overdue principal set forth in Section 4.01 of the Credit AgreementIndenture.

Appears in 1 contract

Samples: Unsecured Indemnity Agreement (Grand Canal Shops Mall Construction LLC)

Interest accrued. Any amount owed hereunder to an Indemnified Party not paid within thirty (30) days after written demand from such Indemnified Party with an explanation of the amounts claimed shall bear interest at a rate per annum equal to the maximum interest rate applicable to overdue principal set forth in the Credit Construction Loan Agreement.

Appears in 1 contract

Samples: Environmental Indemnity (Las Vegas Sands Corp)

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