Interest and Compensation. (i) If the Client fails to make any payment under the Agreement when due, the Client will, to the fullest extent permitted by law, pay to GTJAFX interest (before and after judgment) on such unpaid amount, from (and including) the due date to (but excluding) the date of actual payment, at the Default Rate, as determined by GTJAFX.
(ii) Interest under this Clause 5.6 (Interest and Compensation) will be calculated by GTJAFX on the basis of daily compounding and the actual number of days elapsed.
Interest and Compensation. (i) Prior to Early Termination. Prior to the occurrence or effective designation of an Early Termination Date in respect of the relevant Transaction:—
Interest and Compensation. 17 Section 12.2 Loans..................................................................17
Interest and Compensation. Any interest paid on loans made by Members to the Company, all guaranteed payments made to Class B Members and all compensation paid to the Members for goods or services shall be deducted from the gross income of the Company.
Interest and Compensation. In the event of failure to pay on the invoice due date: • all amounts due to Aertssen Transport, also the amounts that have not yet expired, are legally due and payable without any notice of default. • any delay in payment shall automatically and without notice give rise to the application of an interest rate of 1% per month from the due date, to be capitalised automatically and immediately, without notice. • any delay in payment shall automatically and without notice also give rise to a fixed compensation of 10% on the outstanding balance to be paid, with a minimum of EUR 125. The award of this reasonable compensation of 10% does not exclude payment of any litigation costs nor of any other proven recovery costs. • Aertssen Transport is no longer obliged to (further) execution and can suspend all deliveries immediately and without prior notice without any compensation for the Client. • all permitted payment terms expire, and Xxxxxxxx Transport may decide to further execute the Agreement under the strict condition that the price due is fully settled before delivery is made.
Interest and Compensation. Members will not be credited with interest on their capital accounts, and unless unanimous of the other Members agree, Members in their capacity as Members shall not be entitled to salary for services rendered on behalf of the Company.
Interest and Compensation. No Member will be credited with interest on his or her capital account, and, unless the other Members unanimously agree, no Member in his or her capacity as a Member shall be entitled to any payments for services rendered on behalf of the Company.
Interest and Compensation. Section 9(h)(i)
Interest and Compensation
