Interest on Losses Sample Clauses

Interest on Losses. Any and all Losses hereunder shall bear interest from the date actual expenditure is made by the Indemnified Party until paid by the Indemnitor at the “prime rate” as published in The Wall Street Journal, Eastern Edition on the date such expenditure was made by the Indemnitee.
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Interest on Losses. Any and all Losses hereunder shall bear interest from the date incurred until paid at the “prime rate” as published in The Wall Street Journal, Eastern Edition on the date such Loss was incurred.
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Interest on Losses. The amount of any Losses which is subject to indemnification hereunder shall bear interest from and including the date the Indemnified Party was notified of the claim for Losses at the Prime Rate calculated from and including such date to but excluding the date reimbursement of such Losses by the Indemnifying Party is made, compounded monthly, and the amount of such interest shall be deemed to form part of such Losses. Confidential portions of this exhibit have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to this omitted information. [REDACTED; COMMERCIALLY-SENSITIVE INFORMATION] indicates that information has been redacted.
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Interest on Losses. The amount of any Losses that represents an Agreed Claim that is payable under Section 9.5(c) to the applicable Indemnified Party, including any overdue interest payable to such Indemnified Party under this Section 9.13, shall bear interest, from the date the Indemnifying Party received the applicable Claim Certificate, at a per annum rate equal to the Prime Rate (as defined in the Promissory Note), calculated from and including such date to but excluding the date reimbursement of such Losses by the Indemnifying Party is made. Interest under this Section 9.13 shall be computed on the basis of a 360-day year and shall accrue on the actual number of days elapsed for any period for which such interest is being calculated.
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Interest on Losses. 56 ARTICLE XI MISCELLANEOUS.........................................................................................56
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Interest on Losses. The amount of any Losses for which any party is entitled to be indemnified by the other pursuant to the terms of this Article X shall bear interest from and after the date on which the same shall be finally determined to be a definite obligation of the Indemnitee by the party entitled to such indemnification until paid in full at a per annum rate of interest equal to the prime rate of interest published from time to time in THE WALL STREET JOURNAL, "Money Rates" or similar section (the "PRIME RATE").
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Interest on Losses. The amount of any Purchaser’s Teck Losses, Purchaser’s Fronteer Losses or Vendors’ Losses in respect of which indemnification is claimed under this Part 10 shall bear interest at the prime rate of the Bank of Montreal calculated from and including respective dates that the Purchaser suffers the Purchaser’s Teck Losses or Purchaser’s Fronteer Losses or the respective dates that the Indemnitees suffer the Vendors’ Losses (which in the case of a third party claim shall be the respective date on which the Purchaser, the Vendors or the Covenantors actually pays such claim or actually pays legal fees or disbursements in respect of such claim) up to but excluding the date reimbursement of such indemnification claim is made by the other party and the amount of such interest shall be deemed to be a part of such indemnification claim.
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Interest on Losses. The amount of any PAC Parties Losses or PFP Stockholders' Losses for which any party is entitled to be indemnified by the other pursuant to the terms of this Section 10.1 shall bear interest from and after the date on which the same shall be incurred by the party entitled to such indemnification until paid in full at a per annum rate of interest of 8%.
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Related to Interest on Losses

  • Interest on Late Payments a. State Agencies The payment of interest on certain payments due and owed by Agency may be made in accordance with Article 11-A of the State Finance Law (SFL §179-d et. Seq.) and Title 2 of the New York Code of Rules and Regulations, Part 18 (Implementation of Prompt Payment Legislation -2 NYCRR §18.1 et seq.).

  • Interest on Arrears Any interest instalment unpaid on maturity shall yield interest, of right and without formal notice, at the same rate as applicable to the portion of the loan whose interest is unpaid on maturity, such interest being payable to the Lender on request.

  • 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 Late Payment Subject to clause 9.7, the Trader or the Distributor (as the case may be) must pay any Tax Invoice issued under this clause 9. If any part of a Tax Invoice that is properly due in accordance with this Agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice remains unpaid.

  • Interest on Unpaid Amounts Any amount which has become payable pursuant to the terms of this Agreement or any decision by arbitrators or judgment by a court of law pursuant to this Section 11 but which has not been timely paid shall bear interest at the prime rate in effect at the time such amount first becomes payable, as quoted by the Bank, except as otherwise provided in Sections 5(g), 6(d) and 7(g) of this Agreement (concerning interest payable with respect to certain delayed payments that are subject to Section 409A of the Code).

  • 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 Payments Any payment by the Receiver pursuant to Section 2.6(d) shall be made together with interest on the amount thereof that accrues with effect from five (5) Business Days after the date on which payment was agreed or determined to be due until such amount is paid. The annual interest rate shall be determined by the Receiver based on the coupon equivalent of the three (3)-month U.S. Treasury Xxxx Rate in effect as of the first Business Day of each Calendar Quarter during which such interest accrues as reported in the Federal Reserve Board Statistical Release for Selected Interest Rates H.15 opposite the caption “Treasury bills (secondary market), 3-Month” or, if not so reported for such day, for the next preceding Business Day for which such rate was so reported.

  • 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 Overdue Payments (a) If, for any reason, a Party does not pay an amount payable under or in connection with this Agreement on or before the due date for payment, it must pay interest to the other Party (who is entitled to receive the payment).

  • Interest on Advances Each Borrower shall pay interest on the unpaid principal amount of each Advance made to such Borrower by each Bank from the date of such Advance until such principal amount shall be paid in full, at the following rates per annum:

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