Interest Accrues on Amounts Owing. Any amount owing to a Party by the other Party pursuant to any provision of this Agreement after Closing and remaining unpaid shall bear compound interest, as computed monthly, from the day such amount was due to be paid until the day such amount was paid, at the rate of two (2%) percent per annum above the Interest Rate, regardless of whether such Party has given the other Party prior notice of the accrual of interest hereunder.
Interest Accrues on Amounts Owing. Any amount owing to a Party by the other Party pursuant to any provision of this Agreement after Closing and remaining unpaid shall bear compound interest, as computed monthly, from the day such amount was due to be paid until the day such amount was paid, at the Prime Rate, regardless of whether such Party has given the other Party prior notice of the accrual of interest hereunder. If the Vendor receives any money after Closing which is attributable to Petroleum Substances produced after the Effective Date, it shall promptly remt such money to the Purchaser. Any money received and not remitted within 10 days after receipt shall bear interest at the Prime Rate from the date of receipt until the date of payment to the Purchaser.
Interest Accrues on Amounts Owing. Except where otherwise provide herein to the contrary any amount owing to a Party by another Party hereunder after Closing and remaining unpaid will bear interest at the rate per annum equal to the Prime Rate plus one percent per annum, from the day that the amount was due to be paid until the day it is paid, regardless of whether the Party has given the other Party prior notice of the accrual of interest hereunder.
Interest Accrues on Amounts Owing. Subject to Section 2.4, any amount owing to a Party (which for these purposes shall be deemed to include Viterra) by the other Party pursuant to any provision of this Agreement, whether accruing due before, at or after Closing, and remaining unpaid shall bear interest calculated daily and compounded monthly, from the day such amount was due to be paid until the day such amount was paid in full, at the Interest Rate plus an additional four hundred basis points, regardless of whether such Party (which for these purposes shall be deemed to include Viterra) has given the other Party prior notice of the accrual of interest hereunder.
Interest Accrues on Amounts Owing. Any amount owing to a Party by the other Party pursuant to any provision of this Agreement after Closing and remaining unpaid shall bear compound interest, as computed monthly, from the day such amount was due to be paid until the day such amount was paid, at the rate of one (1%) percent per annum above the rate designated as the prime rate for Canadian dollar commercial loans by the main branch in Calgary of the Alberta Treasury Branches, regardless of whether such Party has given the other Party prior notice of the accrual of interest hereunder.
Interest Accrues on Amounts Owing. Any amount owing to a Party by another Party pursuant to any provision of this Agreement after Closing and remaining unpaid shall bear interest calculated daily and not compounded, from the day such amount was due to be paid until the day such amount was paid, at the Interest Rate regardless of whether such Party has given the other Party prior notice of the accrual of interest hereunder.
Interest Accrues on Amounts Owing. Any amount owing to a Party by the other Party pursuant to any provision of this ARTICLE 2 after Closing and remaining unpaid shall bear interest calculated daily and compounded monthly, from the day such amount was due to be paid until the day such amount was paid, at the Prime Rate plus 1% per annum regardless of whether such Party has given the other Party prior notice of the accrual of interest hereunder. For the purposes of this Section 2.7, amounts withheld and paid to the Closing Escrow Agent as provided in Sections 2.9 and 2.10 shall be deemed to not be amounts owing by the Purchaser to the Seller that remain unpaid after Closing.
Interest Accrues on Amounts Owing. All overdue payments hereunder shall be payable with interest at the Interest Rate plus 2% per annum calculated daily and not compounded from, but excluding, the date such payment is due to, and including, the day such payment is made.
Interest Accrues on Amounts Owing. Subject to any provision otherwise in this Agreement, any amount owing to a Party by the other Party pursuant to any provision of this Agreement and remaining unpaid when due shall bear interest, calculated daily and compounded monthly, from the day such amount was due to be paid until the day such amount was paid, at the Seller’s Interest Rate if owed by Seller or at the Buyer’s Interest Rate if owed by Buyer, regardless of whether such Party has given the other Party prior notice of the accrual of interest hereunder.
Interest Accrues on Amounts Owing. 59 15.10 ASSIGNMENT............................................................... 59 15.11
