Interest on Overdue Money. If the Buyer defaults in the Completion of this contract in accordance with clause 8.2, the Buyer must pay interest on the entire Contract Price at the rate and in the manner prescribed in the Sale Contract. Interest under this clause 18 is payable on Completion in addition to the Contract Price.
Interest on Overdue Money. 66.1 The Borrower must pay to the Lender interest on all amounts that from time to time fall due for payment under the Agreement but are unpaid, both before and (as a separate and independent obligation) after any judgment. Such interest will accrue each day from and including the date such amounts fall due for payment until they are paid or satisfied. The Lender will calculate interest on such overdue amounts on the basis of the Overdue Money Rate. The Borrower and the Guarantor must pay such interest on demand.
66.2 The Borrower agrees that, if at any time the Borrower fails to pay interest under this Clause 66 when due the Lender may capitalise the interest to the Loan Account. In so doing the capitalised interest will not constitute an increase in the Credit Limit.
66.3 The rights of the Lender to interest under the Agreement do not affect the obligations of the Borrower or the Guarantor to make payments to the Lender on time.
Interest on Overdue Money. 5.2.1 If the Tenant does not pay the Rent or any other moneys payable under this Lease on time, the Tenant must pay interest (at the rate stated in clause 5.2.2) on the outstanding amount for the period from the day the unpaid money was due until it is paid. The interest must be paid to the Landlord by no later than 10 Business Days after the Landlord has given the Tenant a demand for any interest.
5.2.2 Interest is calculated on daily balances at the rate equal to that charged by the Landlord’s bank from time to time on overdraft accommodation in excess of $100,000.00 plus 2% per annum.
Interest on Overdue Money. Without prejudice to the rights, powers and remedies of the Lessor that are otherwise provided for under this Lease, to pay to the Lessor on demand interest on any money that is due but unpaid for seven (7) days by the Lessee to the Lessor on any account whatsoever under this Lease. Interest shall be calculated from the due date for the payment of the money in respect of which the interest is chargeable until payment of that money in full. For the purpose of this subclause "interest" means 6% per annum calculated daily and capitalised on the last day of each calendar month.
Interest on Overdue Money. The Lessor may charge daily interest to the Lessee on any late payment by the Lessee at a rate of 3% above the rate which would be charged to the Lessor by the Lessor's bank for borrowing the same amount on unsecured overdraft as certified by the Lessor's bank manager.
Interest on Overdue Money. The Customer shall pay to the Seller interest at the rate of 2% above the HSBC Limited indicator rate from time to time on all monies not paid by Customer to the Seller on a due date and such interest shall be calculated on daily rests from the due date for payment.
Interest on Overdue Money. The Landlord may charge daily interest to the Tenant on any late payment by the Tenant.
Interest on Overdue Money. The Contractor and the Land Owner each agree to pay interest to the Council on any amount payable by it under this Deed from when it becomes due for payment, during the period that it remains unpaid, on demand or at times determined by the Council, calculated on daily balances. The rate to be applied to each daily balance is the Interest Rate.
Interest on Overdue Money. (a) The Tenant must pay to the Landlord interest at the Default Rate on any Rent or other money due under this Lease (including money or Costs which are expressed to be payable or reimbursable to the Landlord on demand) but unpaid for 7 days.
(b) Rent or money falling due for payment but unpaid as a result of a continuing breach of the same covenant bear interest at the rate applicable to the Rent or other money (as appropriate) which was due and unpaid when the breach of the covenant first occurred.
(c) Interest payable under this clause 16.7 will:
(i) accrue on a daily basis and be calculated on daily rests;
(ii) be payable on demand or, if no earlier demand is made, on the first Business Day of each month where an amount arose in the preceding month or months;
(iii) be calculated from the due date for payment of the Rent or other money (as appropriate) or, in the case of an amount payable by way of reimbursement or indemnity, the date of outlay or loss, if earlier, until the date of actual payment; and
(iv) be recoverable in the same manner as Rent in arrears.
Interest on Overdue Money. If the Tenant is late in paying the Landlord any money payable by it under this lease, the Tenant must pay interest on that money from the due date for payment until the money is paid in full. The rate of interest is 2% higher than the rate for the time being fixed under section 2 of the Penalty Interest Rates Xxx 0000.
