Interest on Payments in Arrears Sample Clauses

Interest on Payments in Arrears. (a) Except as otherwise provided in this Agreement, interest will be paid by the Parties as follows:
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Interest on Payments in Arrears. Except as otherwise provided in this Financing Commitment, interest shall be paid by the Borrower as follows:
Interest on Payments in Arrears. 14. Where the rent or any other sum due from the tenant, under this agreement, is in arrears (whether legally demanded or not), the outstanding sum shall be subject to interest from the date when the same became due until the date of payment, a 4% above the prevailing base rate of Barclays Bank Plc. If we receive rent from someone else on your behalf, we will consider them to be your agent. We will not create a tenancy with any person who pays rent on your behalf. R ent
Interest on Payments in Arrears. 13. Where the rent or any other sum due from the tenant, under this agreement, is in arrears (whether legally demanded or not), the outstanding sum shall be subject to interest from the date when the same became due until the date of payment, at 10% above the prevailing base rate of NatWest Bank Plc.
Interest on Payments in Arrears. Except as specifically provided herein, interest shall be paid by any party on amounts, which are not paid when due, at the Default Rate from and including the day on which the amount was due to but excluding the day on which the amount is paid. All interest referred to in this Section 9.3 shall be simple interest calculated daily on the basis of a 365-day year. For the purposes of the Interest Act (Canada), the corresponding rate of interest applicable to a 366-day year would be the stipulated rate multiplied by 366 and divided by 365.
Interest on Payments in Arrears. If any rent or other money payable by the Tenant to the Landlord under the provisions hereof shall not be paid on the day on which it became due the same shall be payable with interest of 3% above the base rate of Barclays Bank Plc from the date on which it became due until the date payment is received.
Interest on Payments in Arrears. Except as otherwise provided in the Credit Agreement, interest will be paid by the Borrower or the Guarantor, where applicable, as follows:
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Related to Interest on Payments in Arrears

  • Interest on Late Payments a. State Agencies The payment of interest on certain payments due and owed by Agency may be made in accordance with Article 11-A of the State Finance Law (SFL §179-d et. Seq.) and Title 2 of the New York Code of Rules and Regulations, Part 18 (Implementation of Prompt Payment Legislation -2 NYCRR §18.1 et seq.).

  • INTEREST ON PAST-DUE OBLIGATIONS Except as expressly herein provided, any amount due to Lessor not paid when due shall bear interest at the maximum rate then allowable by law from the date due. Payment of such interest shall not excuse or cure any default by Lessee under this Lease, provided, however, that interest shall not be payable on late charges incurred by Lessee nor on any amounts upon which late charges are paid by Lessee.

  • Interest on Advances Each Borrower shall pay interest on the unpaid principal amount of each Advance made to such Borrower by each Bank from the date of such Advance until such principal amount shall be paid in full, at the following rates per annum:

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