Common use of Interest on Cash Held by Company Clause in Contracts

Interest on Cash Held by Company. ‌ The Company will pay simple interest calculated at the lower of the Interest Index or six (6) percent per annum on all cash held by the Company pursuant to this Agreement. Each Billing Month, the Company will prepare a statement of interest amounts due to the BGS-RSCP Supplier. The statement will be available to the BGS-RSCP Supplier within three (3) Business Days after the end of the Billing Month. The Company shall make interest payments on the first Business Day after the 5th day of each calendar month.

Appears in 6 contracts

Samples: Supplier Master Agreement, Supplier Master Agreement, Supplier Master Agreement

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Interest on Cash Held by Company. The Company will pay simple interest calculated at the lower of the Interest Index or six (6) percent per annum on all cash held by the Company pursuant to this Agreement. Each Billing Month, the Company will prepare a statement of interest amounts due to the BGS-RSCP Supplier. The statement will be available sent to the BGS-RSCP Supplier within three (3) Business Days after the end of the Billing MonthMonth via overnight mail or other expeditious means. The Company shall make interest payments on the first Business Day after the 5th day of each calendar month.

Appears in 3 contracts

Samples: Master Agreement, Supplier Master Agreement, Supplier Master Agreement

Interest on Cash Held by Company. The Company will pay simple interest calculated at the lower of the Interest Index or six (6) percent per annum on all cash held by the Company pursuant to this Agreement. Each Billing Month, the Company will prepare a statement of interest amounts due to the BGS-RSCP CIEP Supplier. The statement will be available sent to the BGS-RSCP CIEP Supplier within three (3) Business Days after the end of the Billing MonthMonth via overnight mail or other expeditious means. The Company shall make interest payments on the first Business Day after the 5th day of each calendar month.

Appears in 3 contracts

Samples: Supplier Master Agreement, Supplier Master Agreement, Master Agreement

Interest on Cash Held by Company. The Company will pay simple interest calculated at the lower of the Interest Index or six (6) percent per annum on all cash held by the Company pursuant to this Agreement. Each Billing Month, the Company will prepare a statement of interest amounts due to the BGS-RSCP Supplier. The statement will be available sent to the BGS-RSCP Supplier within three (3) Business Days after the end of the Billing Month. The Company shall make interest payments on the first Business Day after the 5th day of each calendar month.three

Appears in 3 contracts

Samples: Supplier Master Agreement, Supplier Master Agreement, Master Agreement

Interest on Cash Held by Company. The Company will pay simple interest calculated at the lower of the Interest Index or six (6) percent per annum on all cash held by the Company pursuant to this Agreement. Each Billing Month, the Company will prepare a statement of interest amounts due to the BGS-RSCP Supplier. The statement will be available to the BGS-RSCP Supplier within three (3) Business Days after the end of the Billing Month. The Company shall make interest payments on the first Business Day after the 5th day of each calendar month.

Appears in 2 contracts

Samples: Supplier Master Agreement, Supplier Master Agreement

Interest on Cash Held by Company. The Company will pay simple interest calculated at the lower of the Interest Index or six (6) percent per annum on all cash held by the Company pursuant to this Agreement. Each Billing Month, the Company will prepare a statement of interest amounts due to the BGS-RSCP Supplier. The statement will be available sentavailable to the BGS-RSCP Supplier within three (3) Business Days after the end of the Billing MonthMonth via overnight mail or other expeditious means. The Company shall make interest payments on the first Business Day after the 5th day of each calendar month.

Appears in 2 contracts

Samples: Supplier Master Agreement, Supplier Master Agreement

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Interest on Cash Held by Company. The Company will pay simple interest calculated at the lower of the Interest Index or six (6) percent per annum on all cash held by the Company pursuant to this Agreement. Each Billing Month, the Company will prepare a statement of interest amounts due to the BGS-RSCP CIEP Supplier. The statement will be available sentavailable to the BGS-RSCP CIEP Supplier within three (3) Business Days after the end of the Billing MonthMonth via overnight mail or other expeditious means. The Company shall make interest payments on the first Business Day after the 5th day of each calendar month.

Appears in 2 contracts

Samples: Supplier Master Agreement, Supplier Master Agreement

Interest on Cash Held by Company. ‌ The Company will pay simple interest calculated at the lower of the Interest Index or six (6) percent per annum on all cash held by the Company pursuant to this Agreement. Each Billing Month, the Company will prepare a statement of interest amounts due to the BGS-RSCP Supplier. The statement will be available sent to the BGS-RSCP Supplier within three (3) Business Days after the end of the Billing MonthMonth via overnight mail or other expeditious means. The Company shall make interest payments on the first Business Day after the 5th day of each calendar month.

Appears in 1 contract

Samples: Supplier Master Agreement

Interest on Cash Held by Company. The Company will pay simple interest calculated at the lower of the Interest Index or six (6) percent per annum on all cash held by the Company pursuant to this Agreement. Each Billing Month, the Company will prepare a statement of interest amounts due to the BGS-RSCP FP Supplier. The statement will be available sent to the BGS-RSCP FP Supplier within three (3) Business Days after the end of the Billing MonthMonth via overnight mail or other expeditious means. The Company shall make interest payments on the first Business Day after the 5th day of each calendar month.

Appears in 1 contract

Samples: Master Agreement

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