Common use of Interest on Early Termination Amounts Clause in Contracts

Interest on Early Termination Amounts. If an Early Termination Amount is due in respect of such Early Termination Date, that amount will, to the extent permitted by applicable law, be paid together with interest (before as well as after judgment) on that amount in the Termination Currency, for the period from (and including) such Early Termination Date to (but excluding) the date the amount is paid, at the Applicable Close-out Rate.

Appears in 105 contracts

Samples: 2002 Master Agreement (Verizon Master Trust), 2002 Master Agreement, 2002 Master Agreement (Efcar, LLC)

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Interest on Early Termination Amounts. If an Early Termination Amount is due in respect of such Early Termination Date, that amount will, to the extent permitted by applicable law, be paid together with interest (before as well as after judgment) on that amount in the Termination Currency, for the fee period from (and including) such Early Termination Date to (but excluding) the date the amount is paid, at the Applicable Close-out Rate.

Appears in 1 contract

Samples: Master Agreement (Techprecision Corp)

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