Common use of Interest on Defaulted Payments Clause in Contracts

Interest on Defaulted Payments. If a party defaults in the performance of any payment obligation, it will, to the extent permitted by applicable law and subject to Section 6(c), pay interest (before as well as after judgment) on the overdue amount to the other party on demand in the same currency as the overdue amount, for the period from (and including) the original due date for payment to (but excluding) the date of actual payment (and excluding any period in respect of which interest or compensation in respect of the overdue amount is due pursuant to clause (3)(B) or (C) below), at the Default Rate.

Appears in 98 contracts

Samples: 2002 Master Agreement (Verizon Master Trust), Payment Agreement, 2002 Master Agreement

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Interest on Defaulted Payments. If a party defaults in the performance of any payment obligation, it will, to the extent permitted by applicable law and subject to Section 6(c), pay interest (before as well as after judgment) on the overdue amount to the other party on demand in the same currency as the overdue amount, for the period from (and including) the original due date for payment to (but excluding) the date of actual payment (and excluding any period in respect of which interest or compensation in respect of the overdue over due amount is due pursuant to clause (3)(B) or (C) below), at the Default Rate.

Appears in 3 contracts

Samples: Isda Master Agreement (GE Capital Credit Card Master Note Trust), 2002 Master Agreement (GE Capital Credit Card Master Note Trust), 2002 Master Agreement (GE Capital Credit Card Master Note Trust)

Interest on Defaulted Payments. If a party defaults in the performance of any payment obligation, it will, to the extent permitted by applicable law and subject to Section 6(c), pay interest (before as well as after judgment) on the overdue amount to the other party on demand in the same currency as the overdue amount, for the period from (and including) the original due date for payment to (but excluding) the date of actual payment (and excluding any period in respect of which interest or compensation in respect of the overdue amount is due pursuant to clause (3)(B) or (C) below), at the Default Rate.or

Appears in 3 contracts

Samples: 2002 Master Agreement, 2002 Master Agreement, 2002 Master Agreement

Interest on Defaulted Payments. If a party defaults in the performance of any payment obligation, it will, to the extent permitted by applicable law and subject to Section 6(c), pay interest (before as well as after judgment) on the overdue amount to the other party on demand in the same currency as the overdue amount, for the period from (and including) the original due date for payment to (but excluding) the date of actual payment (and excluding any period in respect of which interest or compensation in respect of the overdue amount is due pursuant to clause (3)(B) or (CA) below), at the Default Rate.

Appears in 2 contracts

Samples: 2002 Master Agreement (Booz Allen Hamilton Holding Corp), 2002 Master Agreement (Cross Country Healthcare Inc)

Interest on Defaulted Payments. If a party defaults in the performance of any payment obligation, it will, to the extent permitted by applicable law and subject to Section 6(c), pay interest (before as well as after judgment) on the overdue amount to the other party on demand in the same currency as the overdue amount, for the period from (and including) the original due date for payment to (but excluding) the date of actual payment (and excluding any period in respect of which interest or compensation in respect of the overdue amount is due pursuant to clause (3)(B) or (Cor(C) below), at the Default Rate.

Appears in 2 contracts

Samples: 2002 Master Agreement (Mack Cali Realty L P), 2002 Master Agreement (Mack Cali Realty L P)

Interest on Defaulted Payments. If a party defaults in the performance of any payment obligation, it will, to the extent permitted by applicable law and subject to Section 6(c), pay interest (before as well as after alter judgment) on the overdue amount to the other party on demand in the same currency as the overdue amount, for the period from (and including) the original due date for payment to (but excluding) the date of actual payment (and excluding any period in respect of which interest or compensation in respect of the overdue over due amount is due pursuant to clause (3)(B) or (C) below), at the Default Rate.

Appears in 1 contract

Samples: 2002 Master Agreement (Grubb & Ellis Healthcare REIT II, Inc.)

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Interest on Defaulted Payments. If a party defaults in the performance of any payment obligation, it will, to the extent permitted by applicable law and subject to Section 6(c), pay interest (before as well as after judgment) on the overdue amount to the other party on demand in the same currency as the overdue amount, for the period from (and including) the original due date for payment to (but excluding) the date of actual payment (and excluding any period in respect of which interest or compensation in respect of the overdue amount is due pursuant to clause (3)(B) or (C) below), at the Default Rate.. (h) Проценты и Компенсация (i)

Appears in 1 contract

Samples: Master Agreement for Otc Derivative Instruments

Interest on Defaulted Payments. If a party defaults in the performance of any payment obligation, it will, to the extent permitted by applicable law and subject to Section 6(c), pay interest (before as well as after judgment) on the overdue amount to the other party on demand in the same currency as the overdue amount, for the be period from (and including) the original due date for payment to (but excluding) the date of actual payment (and excluding any period in respect of which interest or Of compensation in respect of the overdue amount is due pursuant to clause (3)(B3)(8) or (C) below), at the Default Rate.

Appears in 1 contract

Samples: 2002 Master Agreement (Samson Oil & Gas LTD)

Interest on Defaulted Payments. If a party defaults in the performance of any payment obligation, it will, to the extent permitted by applicable law and subject to Section 6(c), pay interest (before as well as after judgment) on the overdue amount to the other party on demand in the same currency as the overdue amount, for the period from (and including) the original due date for payment to (but excluding) the date of actual payment (and excluding any period in respect of which interest or compensation in respect of the overdue over due amount is due pursuant to clause (3)(B) or at (C) C below), at the Default Rate.

Appears in 1 contract

Samples: 2002 Master Agreement (GE Capital Credit Card Master Note Trust)

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