Interest on Indebtedness Sample Clauses

Interest on Indebtedness. 7.1 The Client agrees to pay interest to Wintone in respect of any amount, moneys, funds, indebtedness or liabilities owing to Wintone at such rate and calculated in such manner as shall be specified or determined by Wintone from time to time. Any variation of the rate of interest or manner of calculation shall be effected by Wintone without notice to the Client. The interest accrued shall be debited to the Client's account with the Lender and thenceforward such accrued interest shall bear interest at such rate and calculated in such manner as shall be specified or determined by Wintone from time to time. All the interests charged by the Lender under this Clause shall become due and payable forthwith on demand by Wintone.
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Interest on Indebtedness. Any debt owed by Indemnitor to Company shall bear interest at the rate of ten percent (10%) per annum commencing from the due date, provided however, such rate shall not exceed the maximum interest rate permitted by law on debts owed on commercial transactions.
Sample 1
Interest on Indebtedness debt amortization, ground rent, financing and refinancing costs for any mortgage or ground lease or xxxxxxxxx of the Building or the Site and transfer taxes, recording costs and taxes, title insurance premiums, title closer’s fees and gratuities and other similar costs incurred in connection with the sale or transfer of an interest in Landlord or the Building;
Sample 1
Interest on Indebtedness. Pay, or cause to be paid, the principal of, and premium, if any, and interest on, any indebtedness thereof for borrowed monies at the times and in the manner specified in the agreements regarding such indebtedness; provided, however, that it shall not be required to pay, or cause to be paid, any such principal of, and premium, if any, and interest on any such indebtedness so long as the legality thereof shall be contested in good faith and by appropriate proceedings an other acts and it shall set aside on its books adequate reserves with respect thereto.
Sample 1

Related to Interest on Indebtedness

  • Default on Indebtedness Failure of Borrower to make any payment when due on the Loans.

  • INTEREST ON PAST-DUE OBLIGATIONS Except as expressly herein provided, any amount due to Lessor not paid when due shall bear interest at the maximum rate then allowable by law from the date due. Payment of such interest shall not excuse or cure any default by Lessee under this Lease, provided, however, that interest shall not be payable on late charges incurred by Lessee nor on any amounts upon which late charges are paid by Lessee.

  • Interest on Term Loan The Credit Agreement is hereby further amended by deleting ss.4.5.1. thereto in its entirety and substituting in lieu thereof the following new ss.4.5.1.:

  • Interest on Loans (a) Except as otherwise set forth herein, each Class of Loan shall bear interest on the unpaid principal amount thereof from the date made through repayment (whether by acceleration or otherwise) thereof as follows:

  • Interest on Term Loans The outstanding principal amount of each Term Loan made by each Lender shall bear interest at a fluctuating rate per annum that shall at all times be equal to (i) during such periods as such Term Loan is a Base Rate Loan, the Base Rate plus the Applicable Margin in effect from time to time, and (ii) during such periods as such Term Loan is a Eurodollar Loan, the relevant Adjusted Eurodollar Rate for such Eurodollar Loan for the applicable Interest Period plus the Applicable Margin in effect from time to time.

  • Interest on Revolving Loans The outstanding principal amount of each Revolving Loan made by each Lender shall bear interest at a fluctuating rate per annum that shall at all times be equal to (i) during such periods as such Revolving Loan is a Base Rate Loan, the Base Rate plus the Applicable Revolving Loan Margin and (ii) during such periods as such Revolving Loan is a Eurodollar Loan, the relevant Adjusted Eurodollar Rate for such Eurodollar Loan for the applicable Interest Period plus the Applicable Revolving Loan Margin.

  • Interest on Swing Loans Each Swing Loan shall bear interest until maturity (whether by acceleration or otherwise) at a rate per annum equal to the sum of the Base Rate plus the Applicable Margin for Base Rate Loans under the Revolving Credit as from time to time in effect (computed on the basis of a year of 365 or 366 days, as the case may be, for the actual number of days elapsed). Interest on each Swing Loan shall be due and payable by the Borrower on each Interest Payment Date and at maturity (whether by acceleration or otherwise).

  • Interest on Swingline Loans Subject to the provisions of Section 2.8, Swingline Loans shall bear interest at a per annum rate equal to the Alternate Base Rate plus the Applicable Margin for Revolving Loans that are Alternate Base Rate Loans. Interest on Swingline Loans shall be payable in arrears on each Interest Payment Date.

  • Interest on Past Due Amounts In addition to the late charge described in Article 14 below, if any installment of Annual Basic Rent or Additional Rent is not paid promptly when due, it shall bear interest at the Default Rate; provided, however, this provision shall not relieve Tenant from any default in the making of any payment at the time and in the manner required by this Lease; and provided, further, in no event shall the Default Rate exceed the maximum rate (if any) permitted by applicable law.

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