INTEREST ON DELAYED PAYMENT. In the event of delay in payment/adjustment of any amount payable/recoverable pursuant to the provisions of this Agreement, the Seller/the Purchaser shall be entitled to charge interest on such sum remaining outstanding for the period after the due date till such time the payment is made. The interest charged by the Seller/ Purchaser pursuant to this Clause shall be at the rate of PLR.
Appears in 9 contracts
Samples: Coal Supply Agreement, Coal Supply Agreement, Fuel Supply Agreement
INTEREST ON DELAYED PAYMENT. In the event of delay in payment/adjustment of any amount payable/recoverable pursuant to the provisions of this Agreement, the Seller/the Purchaser shall be entitled to charge interest on such sum remaining outstanding for the period after the due date till such time the payment is made. The interest charged by the Seller/ Purchaser pursuant to this Clause shall be at the rate of PLRInterest Rate, as per Clause 1.1(dd).
Appears in 4 contracts
Samples: Fuel Supply Agreement, Coal Supply Agreement, Coal Supply Agreement
INTEREST ON DELAYED PAYMENT. In the event of delay in payment/adjustment of any amount payable/recoverable pursuant to the provisions of this Agreement, the Seller/the Purchaser shall be entitled to charge interest on such sum remaining outstanding for the period after the due date till such time the payment is made. The interest charged by the Seller/ Seller/the Purchaser pursuant to this Clause 13 shall be at the rate of PLRInterest Rate.
Appears in 3 contracts
Samples: Fuel Supply Agreement, Fuel Supply Agreement, Fuel Supply Agreement
INTEREST ON DELAYED PAYMENT. In the event of delay in payment/adjustment of any amount payable/payable/ recoverable pursuant to the provisions of this Agreement, the Seller/Seller/ the Purchaser shall be entitled to charge interest on such sum remaining outstanding for the period after the due date till such time the payment is made. The interest charged by the Seller/ Purchaser pursuant to this Clause shall be at the rate of PLR.
Appears in 2 contracts
Samples: Coal Supply Agreement, Coal Supply Agreement
INTEREST ON DELAYED PAYMENT. β
13.1 In the event of delay in payment/adjustment of any amount payable/recoverable pursuant to the provisions of this Agreement, the Seller/the Purchaser shall be entitled to charge interest on such sum remaining outstanding for the period after the due date till such time the payment is made. The interest charged by the Seller/ Seller/the Purchaser pursuant to this Clause 13 shall be at the rate of PLRInterest Rate as per Clause 1.
Appears in 2 contracts
Samples: Fuel Supply Agreement, Fuel Supply Agreement
INTEREST ON DELAYED PAYMENT. In the event of delay in payment/adjustment of any amount payable/recoverable pursuant to the provisions of this Agreement, the Seller/the Purchaser shall be entitled to charge interest on such sum remaining outstanding for the period after the due date till such time the payment is made. The interest charged by the Seller/ Seller/the Purchaser pursuant to this Clause 13 shall be at the rate of PLRInterest Rate as per Clause 1.
Appears in 2 contracts
Samples: Fuel Supply Agreement, Fuel Supply Agreement
INTEREST ON DELAYED PAYMENT. In the event of delay in payment/adjustment of any amount payable/recoverable pursuant to the provisions of this Agreement, the Seller/the Purchaser shall be entitled to charge interest on such sum remaining outstanding for the period after the due date till such time the payment is made. The interest charged by the Seller/ Purchaser pursuant to this Clause shall be at the rate of PLRInterest Rate, as per Clause 1.1(ee).
Appears in 1 contract
Samples: Coal Supply Agreement
INTEREST ON DELAYED PAYMENT. In the event of delay in payment/adjustment of any amount payable/recoverable pursuant to the provisions of this Agreement, the Seller/the Purchaser shall be entitled to charge interest on such sum remaining outstanding for the period after the due date till such time the payment is made. The interest charged by the Seller/ Purchaser pursuant to this Clause shall be at the rate of PLR.Interest Rate, as per Clause 1.1(dd). 13.0 (Deleted β Not Used)
Appears in 1 contract
Samples: Coal Supply Agreement
INTEREST ON DELAYED PAYMENT. In the event of delay in payment/adjustment of any amount payable/recoverable pursuant to the provisions of this Agreement, the Seller/the Purchaser shall be entitled to charge interest on such sum remaining outstanding for the period after the due date till such time the payment is made. The interest charged by the Seller/ Purchaser pursuant to this Clause shall be at the rate of PLRat the Interest Rate, as per Clause 1.1(ee).
Appears in 1 contract
Samples: Fuel Supply Agreement
INTEREST ON DELAYED PAYMENT. 13.1 In the event of delay in payment/adjustment of any amount payable/recoverable pursuant to the provisions of this Agreement, the Seller/the Purchaser shall be entitled to charge interest on such sum remaining outstanding for the period after the due date till such time the payment is made. The interest charged by the Seller/ Seller/the Purchaser pursuant to this Clause 13 shall be at the rate of PLRInterest Rate as per Clause 1.1.
Appears in 1 contract
Samples: Fuel Supply Agreement
