Interest on Unpaid Money Sample Clauses

Interest on Unpaid Money. If the Resident or the Operator defaults in payment of any monies payable under this Occupation Right Agreement for 14 days then the Resident or the Operator respectively shall on demand pay interest on the monies unpaid from the due date for payment down to the date of payment at the rate of 4% per annum above the bank overdraft interest rate of the Operator calculated on a daily basis.
AutoNDA by SimpleDocs
Interest on Unpaid Money. 25.1 If you are in default on the payment of any moneys payable under this agreement for more than fourteen (14) working days then you agree you shall on demand pay interest on the moneys unpaid from the due date for payment down to the date of payment at the rate of 4% per annum above the bank overdraft interest rate charged by the Bank of the Trust.
Interest on Unpaid Money. IF the Tenant defaults in payment of the rent or other moneys payable hereunder for fourteen (14) days then the Tenant shall pay on demand interest at the default interest rate on the moneys unpaid from the due date for payment down to the date of payment.
Interest on Unpaid Money. 2.1 Interest (“Default Interest”) shall accrue on any money payable by the Lessee to the Lessor not paid on the due date for payment (“Due Date”) until paid in full at the rate of 15% per annum. 2.2 The Lessee shall pay to the Lessor the Default Interest accrued on demand. 2.3 The Lessor will be entitled to treat and recover the unpaid money and Default Interest as if they were (jointly or severally) rent in arrears (without prejudice to any other rights or remedies of the Lessor pursuant to any other provision contained or implied in this lease).
Interest on Unpaid Money. 25.1 If the Resident is in default on the payment and any moneys payable under this Agreement for more than fourteen (14) working days then the Resident shall, on demand, pay interest on the moneys unpaid from the due date for payment to the date of payment at a rate of 2% per annum above the bank overdraft rate charged by the Bank of the Operator.
Interest on Unpaid Money. 14.1 Should any amounts payable by the Hirer under this Contract not be paid within fourteen (14) days of demand (as defined in the Chattels Transfer Act 1924) being made by the Principal such amounts shall accrue interest at the rate of 8 percent per annum from the date of demand to the date payment is made.
Interest on Unpaid Money. If the Lessee fails: (a) to pay any instalment of rent or other sum of money payable by the Lessee to the Lessor under this Lease within fifteen (15) Working Days after the day on which it fell due and upon demand by the Lessor fails to make such payment within a further five (5) Working Days after the date the demand is received by the Lessee; or (b) to pay the Lessor upon demand any amount paid by the Lessor to remedy default by the Lessee of the Lessee's obligations under this Lease within fifteen (15) Working Days after the date the demand is received by the Lessee then any amount outstanding will bear interest at the maximum rate of interest from time to time payable by the Lessor to its principal banker for overdraft accommodation plus a margin of 4% accruing on a daily basis from the due date [from payment or the due date of payment by the Lessor (as the case may be) to the date the outstanding amount is paid by the Lessee.] The Lessor will be entitled to recover such interest in the same manner as if it were rent in arrears.
AutoNDA by SimpleDocs
Interest on Unpaid Money. If the Resident fails to make payment of any moneys payable on the due date for payment under this Agreement then the Resident will, on demand, pay interest on the moneys unpaid from the due date for payment down to the date of payment at the rate of 4% per annum above the Bank overdraft interest rate of the Operator calculated on a daily basis.
Interest on Unpaid Money. If the Tenant defaults in payment of the rent or other monies payable hereunder for ten (10) working days then the Tenant shall pay on demand interest at the default interest rate on the monies unpaid from the due date for payment down to the date of payment.
Interest on Unpaid Money. If the Lessee defaults in payment of the rent or other moneys payable hereunder for 10 Working Days then the Lessee shall pay on demand interest at the Default Interest Rate on the moneys unpaid from the due date for payment to the date of payment.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!