Interest on Unpaid Sums. Any sums due Broker under the terms of this Agreement, and not paid within 42 30 days after such sums have become due, shall bear interest at the rate of 12% per annum. 43
Interest on Unpaid Sums. Any sums due Pinnacle under any provision of this Agreement, and not paid within thirty (30) days after such sums have become due, shall bear interest at the rate of twelve percent (12%) per annum.
Interest on Unpaid Sums. Any sums due Agent under any provision of this Agreement, and not paid within 10 days after such sums have become due, shall bear interest at the rate of 10% per annum.
Interest on Unpaid Sums. If OWNER fails to make any payment due ENGINEER within 60 days for services and expenses and funds are available for the project then the ENGINEER shall be entitled to interest at the rate of percent per annum from said 60th day, not to exceed an annual rate of 12 percent.
Interest on Unpaid Sums. (a) If any Borrower fails to pay any sum (including, without limitation, any sum payable pursuant to this clause 5.4) on its due date for payment under this Agreement such Borrower shall pay interest on such sum from the due date up to the date of actual payment (as well after as before judgment) at a rate determined by the Facility Agent pursuant to this clause 5.4.
(b) The period beginning on the due date for payment and ending on the date of actual payment shall be divided into successive periods of not more than three months as selected by the Facility Agent (after consultation with the Banks so far as reasonably practicable in the circumstances) each of which (other than the first, which shall commence on such due date) shall commence on the last day of the preceding such period but so that if the unpaid sum is an amount of principal which shall have become due and payable prior to the next succeeding Interest Payment Date relating thereto or, as the case may be, prior to the relevant Maturity Date, then the first such period selected by the Facility Agent shall end on such Interest Payment Date or, as the case may be, such Maturity Date.
(c) The rate of interest applicable to each period referred to in clause 5.4(b) shall (subject to clause 5.6) be the aggregate (as determined by the Facility Agent) of (i) one per cent per annum, (ii) the Applicable Margin (iii) the Additional Cost and (iv) LIBOR but so that if the unpaid sum is an amount of principal (as referred to in clause 5.4(b)) interest shall be payable on such unpaid sum during the first period determined pursuant to clause 5.4(b) at a rate one per cent above the rate applicable thereto immediately before it fell due.
Interest on Unpaid Sums. Any sums due to Broker under the terms of this Agreement, and not paid within 30 days after such sums became due, will bear interest at the rate of 10% per annum, and will accrue until paid in full. Extraordinary Services: An hourly fee of $60.00 per hour will be paid to Broker for all necessary or requested tasks not considered normal management duties, and not otherwise defined in this Agreement. This includes but is not limited to: attendance at court proceedings, HOA meetings, HOA hearings. Termination Fees: Additional fees may be due upon Termination of this Agreement pursuant to Section 19 herein.
Interest on Unpaid Sums. If any relevant Obligor does not pay any sum payable by it under this Agreement on its due date in accordance with the provisions of clause 20 or if any sum due and payable by any relevant Obligor under any judgment of any court in connection with this Agreement is not paid on the date of such judgment, it shall pay interest on the balance for the time being outstanding (such balance being referred to in this Agreement as the "UNPAID SUM") for the period beginning on such due date or, as the case may be, the date of such judgment, in accordance with the provisions of this clause 18.
Interest on Unpaid Sums. Any sums due Company under the terms of this Agreement, and not paid within 30 days after such sums become due, shall bear interest at the rate of 15% per annum.
Interest on Unpaid Sums. (a) If the Trust fails to pay any sum due from it under this Agreement or any other Finance Document on its due date (an Aunpaid sum@), the Trust will pay default interest on such unpaid sum from its due date to (but excluding) the date of actual payment (after as well as before judgment) at a rate (the ADefault Rate@) determined by the Agent to be 2 percent per annum above (i) in the case of any amount of principal the interest on which at the time of such failure to pay bears interest at the Alternate Base Rate, the Alternate Base Rate as in effect from time to time, and (ii) in the case of any amount of principal the interest on which at the time of such failure to pay bears interest at LIBOR, the greater of (y) LIBOR plus the Applicable Margin as in effect on the date immediately prior to the date of such failure to pay, and (z) the Alternate Base Rate as in effect from time to time.
(b) Default interest will be payable by the Trust on demand by the Agent and, to the extent permitted by law, will be compounded.
(c) The Agent will promptly notify the Trust and each Lender of each determination of the Default Rate.
Interest on Unpaid Sums. Any funds due to Manager under the terms of this Agreement, and not paid within 15 days after funds have become due, are subject to an interest rate not to exceed 18% per annum.
