Common use of Interest on Overdue Amounts Clause in Contracts

Interest on Overdue Amounts. If payment of any amount payable under this Agreement is not made when due (including Termination Payments payable pursuant to Schedule 9 [Compensation on Termination]), interest will be payable on such amount at the Default Rate and will be calculated from the date due under this Agreement until paid, compounded monthly. The party to whom payment is owed and overdue will notify the other party at least monthly of the overdue amount and the accrued interest on that amount.

Interest on Overdue Amounts. ‌ If payment of any amount payable under this Agreement is not made when due (including Termination Payments payable pursuant to Schedule 9 [Compensation on Termination]), interest will be payable on such amount at the Default Rate and will be calculated from the date due under this Agreement until paid, compounded monthly. The party to whom payment is owed and overdue will notify the other party at least monthly of the overdue amount and the accrued interest on that amount.

Interest on Overdue Amounts. If payment of any amount payable under this Agreement is not made when due (due, including Termination Payments payable pursuant to Schedule 9 16 [Compensation on Termination]), interest will be payable on such amount at the Default Rate and will be calculated from the date due under this Agreement until paid, compounded monthly. The party to whom payment is owed and overdue will notify the other party at least monthly of the overdue amount and the accrued interest on that amount.

Interest on Overdue Amounts. If payment of any amount payable under this Agreement is not made when due (including Termination Payments payable pursuant to Schedule 9 22 [Compensation on Termination]), interest will be payable on such amount at the Default Rate and will be calculated from the date due under this Agreement until paid, compounded monthly. The party to whom payment is owed and overdue will notify the other party at least monthly of the overdue amount and the accrued interest on that amount.

Interest on Overdue Amounts. If payment of any amount payable under this Agreement is not made when due (including Termination Payments payable pursuant to Schedule 9 [Compensation on Termination]), interest will be payable on such amount at the Default Rate and will be calculated from the date due under this Agreement until paid, compounded monthly. The party Party to whom payment is owed and overdue will notify the other party Party at least monthly of the overdue amount and the accrued interest on that amount.

Interest on Overdue Amounts. If payment of any amount payable under this Agreement is not made when due (including Termination Payments payments payable pursuant to Schedule 9 13 [Compensation on Termination]] and any payments required pursuant to Sections 10.7(g), 10.8(c) and 10.9(a)), interest will shall, unless another interest rate is indicated in this Agreement, be payable on such amount at the Default Rate and will shall be calculated from the date due under this Agreement until paid, compounded monthly. The party to whom payment is owed and overdue will notify the other party at least monthly of the overdue amount and the accrued interest on that amount.