Interest on Claims. The amount of any Claim submitted under Section 5.1 or Section 5.2 as damages or by way of indemnification shall bear interest from and including the date any Indemnified Party is required to make payment in respect thereof at the Prime Rate calculated from and including such date to but excluding the date reimbursement of such Claim by the Indemnifying Party is made, and the amount of such interest shall be deemed to be part of such Claim.
Interest on Claims. The amount of any Claim submitted under Section 6.1 shall bear interest from and including the date any indemnified party is required to make payment in respect thereof at the prime lending rate of interest expressed at a rate per annum which Royal Bank of Canada establishes as a reference rate of interest for commercial demand loans in Canadian dollars, calculated from and including such date to but excluding the date reimbursement of such Claim by the indemnifying party is made, and the amount of such interest shall be deemed to be part of such Claim.
Interest on Claims. If Ceding Company pays interest on a claim, Reinsurer agrees to pay the interest on the Reinsured Net Amount at Risk computed at the same rate and for the same period as that paid by Ceding Company, but in no event later than the date the claim is finally adjudicated by Ceding Company.
Interest on Claims. The amount of any Claim submitted under this Article VIII as damages or by way of indemnification shall bear interest from and including the date any Indemnified Party is required to make payment in respect thereof at the prime rate of interest charged by HSBC Bank Canada to its most creditworthy commercial customers calculated from and including such date to but excluding the date reimbursement of such Claim by the Indemnifying Party is made, and the amount of such interest shall be deemed to be part of such Claim.
Interest on Claims. The amount of any Direct Claim or Third-Party Claim submitted under this Article IX or Article VIII as damages or by way of indemnification shall bear interest, from and including the date that the notice of claim is received by the Indemnifying Party at the prime rate published by the Wall Street Journal from time to time calculated from and including such date to but excluding the date reimbursement of such claim by the Indemnifying Party is made, and the amount of such interest shall be deemed to be part of such claim.
Interest on Claims. 24 C. Distributions by Disbursing Agent and the Indenture Trustee............................................24
Interest on Claims. Unless otherwise specifically provided for in this Plan or the Confirmation Order, or required by applicable bankruptcy law, post-petition interest shall not accrue or be paid on Claims, and no holder of a Claim shall be entitled to interest accruing on or after the Petition Date on any Claim. Interest shall not accrue or be paid upon any Disputed Claim in respect of the period from the Petition Date to the date a final distribution is made thereon if and after such Disputed Claim becomes an Allowed Claim.
Interest on Claims. Except as otherwise provided herein, postpetition interest shall not accrue or be paid on Claims, and no holder of a Claim shall be entitled to interest accruing on or after the Petition Date on any Claim. Interest shall not accrue or be paid upon any Disputed Claim in respect of the period from the Petition Date to the date a Final Distribution is made thereon if and after such Disputed Claim becomes an Allowed Claim. To the extent that any Allowed Claim entitled to a distribution under the Plan is composed of indebtedness and accrued but unpaid interest thereon, such distribution shall, to the extent permitted by applicable law, be allocated for federal income tax purposes to the principal amount of the Allowed Claim first and then, to the extent the consideration exceeds the principal amount of the Allowed Claim, to the portion of such Allowed Claim representing accrued but unpaid interest.
Interest on Claims. (a) The amount of any Direct Claim or Third-Party Claim submitted under this Article IX or Article VIII as damages or by way of indemnification shall bear interest, from and including the date that the notice of claim is received by the Indemnifying Party at the prime rate published by the Wall Street Journal from time to time calculated from and including such date to but excluding the date reimbursement of such claim by the Indemnifying Party is made, , and the amount of such interest shall be deemed to be part of such claim.
(b) Notwithstanding the preceding clause (a), no interest shall accrue on any Direct Claim or Third-Party Claim payable by Sellers prior to the extinguishment of any sums remaining in the Withholding Amount or upon the conclusion of the Withholding Period, whichever first occurs.
Interest on Claims. Any claims for indemnification under this Article V which are not paid when due will bear interest at the rate of seven percent (7%) per annum from thirty (30) days after the date such claims are first made until such claims are paid.
