Common use of INTEREST ON OVERDUE INSTALMENT Clause in Contracts

INTEREST ON OVERDUE INSTALMENT. 6.1 All monies payable by the Purchaser in terms hereof and unpaid on due date shall bear interest at the rate charged by the Seller’s Bankers in respect of its development finance for the Sectional Title Scheme from time to time as certified by the Seller’s Bankers.

Appears in 3 contracts

Samples: Deed of Sale, Deed of Sale Sectional Title, stellendale.co.za

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INTEREST ON OVERDUE INSTALMENT. 6.1 5.1 All monies payable by the Purchaser in terms hereof and unpaid on due date shall bear interest at the rate charged by the Seller’s 's Bankers in respect of its development finance for the Sectional Title Scheme 202 on Coronation from time to time as certified by the Seller’s 's Bankers.

Appears in 1 contract

Samples: www.pamgolding.co.za

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