Interest on Final Payment. Any amount paid pursuant to this Section 3.3 after the Closing Date shall bear interest from the Closing Date through but excluding the date of payment, at the Applicable Rate. Such interest shall accrue daily on the basis of a year of three hundred sixty-five (365) days calculated for the actual number of days for which due and shall be payable together with the amount payable pursuant to this Section 3.3.
Appears in 4 contracts
Samples: Asset Purchase Agreement (Centurytel Inc), Asset Purchase Agreement (Verizon South Inc), Asset Purchase Agreement (Verizon South Inc)
Interest on Final Payment. Any amount paid pursuant to this Section 3.3 2.7(g) after the Closing Date shall bear interest from the Closing Date through but excluding the date of payment, at the Applicable Rate. Such interest shall accrue daily on the basis of a year of three hundred sixty-five (365) days day year calculated for the actual number of days for which payment is due and such payment shall be payable together with the amount payable pursuant to this Section 3.32.7.
Appears in 1 contract
Samples: Agreement of Merger (Hawaiian Telcom Communications, Inc.)
