Interest on Obligations. The Borrower hereby agrees to pay interest on the unpaid principal amount of each unpaid Obligation for the period commencing on the date of this Agreement until the unpaid principal amount thereof is paid in full, in accordance with the following:
Interest on Obligations. All Obligations of Seller to Purchaser which become due and unpaid upon Seller’s Default pursuant to Sections 13 and 14 of this Agreement shall bear interest at the rate of 16% (Sixteen per cent) per annum. Interest will accrue on unpaid Obligations during the period beginning on the tenth day following the date on which Purchaser makes demand on Seller to repurchase the Receivable(s) and ending on the date the Obligations are fully satisfied.
Interest on Obligations. The unpaid Principal balance of the Obligations shall bear interest, and the interest shall be payable, all in the manner provided and at the rates and on the dates stated in the respective Supplemental Agreement authorizing the Obligations or the proceedings approved by the Corporation in connection therewith.
Interest on Obligations. All sums owed by the Guarantor to BOOM under this Guarantee including, but not limited to, BOOM’s costs and expenses of collection (including legal costs), shall bear interest payable on demand at a rate per annum equal to 8% over either the cost of funds to BOOM or the prime lending rate charged by The Hongkong and Shanghai Banking Corporation Limited from time to time, whichever is the higher, from the date when such sums become payable by the Guarantor hereunder until payment of such sums in full provided that BOOM may vary the prevailing rate of interest from time to time. 責任利息：擔保人按本擔保書規定欠下 BOOM 之一切款項，包括但不限於 BOOM 之各項費用及收款開支（包括法律費用），應於催繳時支付利息。所述利息應以高於相當於 BOOM 投入之資金成本或香港上海匯豐銀行有限公司不時公布之最優惠利率百分之八（8%）以年利率計算（取兩者之中較高者）， 從本擔保書規定擔保人應支付該等款項之日起，計算至該等款項全部支付之日止。惟 BOOM 可不時更改現行利率。
Interest on Obligations. Interest represented by the Obligations shall be payable semiannually on January 1 and July 1 of each year commencing 1, 20 , to and including the date of payment or prepayment of the amount of principal represented by the Obligations. Said interest shall represent the portion of the Payments designated as interest and coming due during the six-month period preceding each Interest Payment Date with respect to the Obligations. The proportionate share of the portion of the Payments designated as interest with respect to any Obligation shall be computed by multiplying the portion of Payments designated as principal with respect to such Obligation by the rate of interest applicable to such Obligation (on the basis of a 360-day year of twelve 30-day months).
Interest on Obligations. 12.06 The payment of any sum due to a Party under this LEASE, however designated, shall be due promptly as provided for in this LEASE. Any payment that is not paid promptly shall bear interest from its due date until paid at the then-maximum legal rate of interest.
Interest on Obligations. 16 SECTION 2.8. OBLIGATION TO REPAY ADVANCES; REPRESENTATIONS...............................................16 SECTION 2.9. NOTES; AMORTIZATION.........................................................................17 SECTION 2.10. INTEREST DUE DATES..........................................................................18 SECTION 2.11. COMPUTATION OF INTEREST AND FEES............................................................18 SECTION 2.12. FEES........................................................................................18 SECTION 2.13. USE OF PROCEEDS.............................................................................19 SECTION 2.14. VOLUNTARY REDUCTION OR TERMINATION OF THE COMMITMENTS; PREPAYMENTS..........................19 SECTION 2.15. PAYMENTS....................................................................................20 SECTION 2.16. TAXES.......................................................................................22 SECTION 2.17. INCREASED COSTS; CAPITAL ADEQUACY; FUNDING EXCEPTIONS.......................................23 SECTION 2.18.
Interest on Obligations. All Obligations shall be payable by you to us on demand and shall bear interest, payable monthly on the average daily balance of amounts advanced or charged to you hereunder, at the rate (“Effective Rate”) per annum (based on a 360 day year) of 2% in excess of the prime commercial interest rate as published in the Money Rates section of the Wall Street Journal (Eastern Edition) from time to time as the “Prime rate”. Each change in such fluctuating interest rate shall take effect simultaneously with the corresponding change in the Prime Rate. If more than one such Prime Rate is published, the highest prime Rate shall be applicable. If the Wall Street Journal ceases to be published or goes on strike or is otherwise not published for any period of time or if it ceases to publish a Prime Rate, then Lender shall in its reasonable discretion utilize any similar published prime or base rate of interest utilized for Obligations comparable to these Obligations; provided, however, that in the event the amount owing to us shall at any time exceed the Advance Percentage of aggregate Factor Risk Receivables, you agree to pay us, as additional compensation, interest at the rate which is 2% per annum above the Effective Rate until the time as the Advance Percentage is no longer being exceeded. Whenever the Prime Rate is changed, an equal change shall be made in the Effective Rate simultaneously with such change in the Prime Rate. In no event, however, shall the Effective Rate be less than 5.25% per annum (based on a 360 day year) nor shall the rate of interest payable hereunder be more than the maximum rate of interest permitted to be charged under applicable law. Any excess amount of interest paid shall deemed to be a payment of principal otherwise due hereunder. In computing interest payable hereunder, amounts received by us for your account shall be credited thereto 3 business days following our receipt thereof to allow for the collection of checks and other instruments. In the event that your account has collected matured funds at any time, we shall pay you interest thereon at the Prime rate minus two and one-half (2 ½) percent per annum.
Interest on Obligations. All sums owed by the Client to the Broker under this Agreement including the Broker’s fees and proper expenses of the collection (excluding legal costs), shall bear interest payable on demand for the period from the date when the same are due until full settlement.
Interest on Obligations. Any amount due from Tenant to Landlord or from Landlord to Tenant which is not paid when due shall bear interest at the lesser of (a) eighteen percent (18%) per annum, (b) the “prime rate” of interest on the date such payment is due, as set by the largest national bank doing business in Dallas, Texas, plus an additional five (5%) percent per annum, or (c) the maximum rate chargeable under applicable Legal Requirements from ten (10) calendar days after the date such payment is due until paid, but the payment of such interest does not excuse or cure the default in payment.
