Interest on Outstanding Balance Sample Clauses

Interest on Outstanding Balance. Any amount due under Sections 3.2 or 3.3 shall bear interest on the unpaid balance at the greater of (a) ten percent (10%) per annum or (b) the maximum rate allowed by law, calculated from the date of termination until paid in full.
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Interest on Outstanding Balance. If you fail to make a payment in full or in part, the outstanding balance shall bear interest from the Value Date at the rate of 4 per cent per annum above the base rate of the Bank of England. Such interest / charges will accrue from the due date until Xendpay are in receipt of settlement in full, in clear funds by the Client.
Interest on Outstanding Balance. Students who have entered into a retail installment contract with the school may be subject to interest being charged. Please reference the retail installment contract and disclosure documents to understand the interest rate that may be charged and how interest charges are computed.
Interest on Outstanding Balance. The Outstanding Balance shall continue to accrue interest at the rate of 9% per annum from and after the date hereof, which amounts shall be payable at the beginning of each calendar quarter within five days following Canmax's receipt of a statement of interest due from Lenders. 7.

Related to Interest on Outstanding Balance

  • Interest on Overdue Amounts 22.1 Any Licence Fee which is payable and remains unpaid for a period in excess of 30 (thirty) days from the date of the invoice, will attract interest at the current legal rate, calculated in accordance with the interest rate prescribed by the Minister of Justice in accordance with the Prescribed Rate of Interest Act 55 of 1975, as amended.

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