Interest for late payment. Any sum owing by either party under this Agreement or any other Transaction Document shall carry interest from (and excluding) the date on which it is payable until (and including) the date of actual payment at the Specified Rate. Such interest will be compounded semi-annually and be payable after as well as before any judgment.
Appears in 7 contracts
Samples: Purchase Agreement, Purchase Agreement, Purchase Option Agreement (Teekay Offshore Partners L.P.)
Interest for late payment. Any sum owing by either party under this Agreement or any other Transaction Document shall carry interest from (and excluding) the day after the date on which it is payable until (and including) the date of actual payment at the Specified Rate. Such interest will be compounded semi-annually and be payable after as well as before any judgment.
Appears in 5 contracts
Samples: www.sec.gov, www.sec.gov, Shareholders’ Agreement (Teekay Corp)
Interest for late payment. Any sum owing by either party under this Agreement or any other Transaction Document shall carry interest from (and excluding) the date on which it is payable until (and including) the date of actual payment at the Specified Rate. Such ; such interest will be compounded semi-annually and be payable after as well as before any judgment.
Appears in 4 contracts
Samples: Purchase Agreement (Teekay Offshore Partners L.P.), Purchase Agreement (Teekay Offshore Partners L.P.), Purchase Agreement (Teekay Offshore Partners L.P.)
Interest for late payment. Any sum owing by either party Party under this Agreement or any other Transaction Document shall carry interest from (and excluding) the date on which it is payable until (and including) the date of actual payment at the Specified Rate. Such interest will be compounded semi-annually and be payable after as well as before any judgment.
Appears in 3 contracts
Samples: Noncompetition Agreement (Teekay Tankers Ltd.), Purchase Agreement (Teekay Tankers Ltd.), Purchase Agreement (Teekay Tankers Ltd.)
Interest for late payment. Any sum owing by either party under this Agreement or any other Transaction Document shall carry interest from (and excluding) the date on which it is payable until (and including) the date of actual payment at the Specified Rate. Such interest will be compounded semi-semi- annually and be payable after as well as before any judgment.
Appears in 1 contract
Samples: Purchase Agreement
Interest for late payment. Any sum owing by either any party under this Agreement or any other Transaction Document shall carry interest from (and excluding) the day after the date on which it is payable until (and including) the date of actual payment at the Specified Rate. Such interest will be compounded semi-annually and be payable after as well as before any judgment.
Appears in 1 contract
Interest for late payment. Any sum owing by either any party under this Agreement or any other Transaction Document shall carry interest from (and excluding) the date on which it is payable until (and including) the date of actual payment at the Specified Rate. Such ; such interest will be compounded semi-annually monthly and be payable after as well as before any judgmentjudgement.
Appears in 1 contract
Samples: Share Purchase Agreement (Teekay LNG Partners L.P.)
