Interest following judgment. If a liability becomes merged in a judgment, the relevant Borrower agrees to pay interest on the amount of that liability as an independent obligation. This interest: (a) accrues daily from (and including) the date the liability becomes due for payment both before and after the judgment up to (but excluding) the date the liability is paid; and (b) is calculated at the judgment rate or the Default Rate (whichever is higher). The relevant Borrower agrees to pay interest under this clause on demand from the Bank.
Appears in 7 contracts
Samples: Loan Agreement (Santander Bancorp), Loan Agreement (Santander Bancorp), Loan Agreement (Santander Bancorp)
Interest following judgment. If a liability becomes merged in a judgment, the relevant Borrower agrees to must pay interest on the amount of that liability as an independent obligation. This interest:
(a) accrues daily from (and including) the date the liability becomes due for payment both before and after the judgment up to (but excluding) the date the liability is paid; and
(b) is calculated at the judgment rate or the Default Rate (whichever is higher). The relevant Borrower agrees to must pay interest under this clause to the Financier on demand from the BankFinancier.
Appears in 3 contracts
Samples: Term Facility Agreement (James Hardie Industries Se), 364 Day Facility Agreement (Hardie James Industries Nv), Term Facility Agreement (Hardie James Industries Nv)
Interest following judgment. If a liability becomes merged in a judgment, the relevant Borrower agrees to must pay interest on the amount of that liability as an independent obligation. This interest:
(a) accrues daily from (and including) the date the liability becomes due for payment both before and after the judgment up to (but excluding) the date the liability is paid; and
(b) is calculated at the judgment rate or the Default Rate (whichever is higher). The relevant Borrower agrees to must pay interest under this clause to the Financier on demand from the BankFinancier.
Appears in 2 contracts
Samples: Bullet Facility Agreement (Hardie James Industries Nv), Bullet Facility Agreement (Hardie James Industries Nv)
Interest following judgment. If a liability becomes merged in a judgment, the relevant Borrower Guarantor agrees to pay interest on the amount of that liability as an independent obligation. This interest:
(a) accrues daily from (and including) the date the liability becomes due for payment both before and after the judgment up to (but excluding) the date the liability is paid; and
(b) is calculated at the judgment rate or the Default Rate (whichever is higher). The relevant Borrower Guarantor agrees to pay interest under this clause on demand from the Bankany FleetCo.
Appears in 2 contracts
Samples: Guarantee and Indemnity, Guarantee and Indemnity (Hertz Corp)
Interest following judgment. If a liability becomes merged in a judgment, the relevant Borrower agrees to pay interest on the amount of that liability as an independent obligation. This interest:
(a) accrues daily from (and including) the date the liability becomes due for payment both before and after the judgment up to (but excluding) the date the liability is paid; and
(b) is calculated at the judgment rate or the Default Rate (whichever is higher). The relevant Borrower agrees to pay interest under this clause 17.3 on demand from the Banka Financier.
Appears in 1 contract
Interest following judgment. If a liability becomes merged in a judgment, the relevant Borrower Company agrees to pay interest on the amount of that liability as an independent obligation. This interest:
(a) accrues daily from (and including) the date the liability becomes due for payment both before and after the judgment up to (but excluding) the date the liability is paid; and
(b) is calculated at the judgment rate or the Default Rate (whichever is higher). The relevant Borrower Company agrees to pay interest under this clause on demand from the BankFortrend Securities.
Appears in 1 contract
Interest following judgment. If a liability becomes merged in a judgment, the relevant Borrower agrees to must pay interest on the amount of that liability as an independent obligation. This interest:
(a) accrues daily from (and including) the date the liability becomes due for payment both before and after the judgment up to (but excluding) the date the liability is paid; and
(b) is calculated at the judgment rate or the Default Rate (whichever is higher). The relevant Borrower agrees to pay interest under this clause on demand from the Bank.
Appears in 1 contract
Samples: 364 Day Facility Agreement (James Hardie Industries N.V.)
Interest following judgment. If a liability becomes merged in a judgment, the relevant Borrower agrees to pay interest on the amount of that liability as an independent obligation. This interest:
(a) accrues daily from (and including) the date the liability becomes due for payment both before and after the judgment up to (but excluding) the date the liability is paid; and
(b) is calculated at the judgment rate or the Default Rate (whichever is higher). The relevant Borrower agrees to pay interest under this clause 17.3 on demand from the BankFacility Agent.
Appears in 1 contract