Common use of Interest on Sums Due Clause in Contracts

Interest on Sums Due. 15.1 Any sum properly payable by either of the Authorities to the Joint committee whether of a capital or revenue nature, which is not paid by the due date shall be liable to interest at the base lending rate of the Co-operative Bank plc until such time as the sum due is paid in full.

Appears in 4 contracts

Samples: Deed of Agreement, democracy.durham.gov.uk, democracy.durham.gov.uk

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Interest on Sums Due. 15.1 16.1 Any sum properly payable by either any of the Authorities to the Joint committee Committee whether of a capital or revenue nature, which is not paid by the due date shall be liable to interest at the base lending rate of the Co-operative Bank plc Mansfield’s bankers until such time as the sum due is paid in full.

Appears in 3 contracts

Samples: Crematorium Joint Committee Agreement, Crematorium Joint Committee Agreement, Crematorium Joint Committee Agreement

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Interest on Sums Due. 15.1 16.1 Any sum properly payable by either of the Authorities to the Joint committee whether of a capital or revenue nature, which is not paid by the due date shall be liable to interest at the base lending rate of the Co-operative Bank plc until such time as the sum due is paid in full.

Appears in 1 contract

Samples: democracy.durham.gov.uk

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