Common use of Interest on Settlement Amounts Clause in Contracts

Interest on Settlement Amounts. ‌ Each Settlement Amount shall bear interest at the relevant rate specified in the relevant Principal Agreement, or, if no such rate is specified, at the Base Rate, from (and including) the date on which it falls due hereunder to (but excluding) the next Settlement Date with respect to the relevant Party A Entity.

Interest on Settlement Amounts. ‌ Each Settlement Amount shall bear interest at the relevant rate specified in the relevant Principal Agreement, or, if no such rate is specified, at the Base Rate, Agreement from (and including) the date on which it falls due hereunder under the Principal Agreement to (but excluding) the next relevant Settlement Date with respect to the relevant Party A Entityfor such Settlement Amount.