INTEREST REIMBURSEMENT AND INTEREST ON LATE PAYMENTS Sample Clauses

INTEREST REIMBURSEMENT AND INTEREST ON LATE PAYMENTS. For any one shipment, Seller may, upon giving written notice to Buyer and subject to Buyer's consent not to be unreasonably withheld, prior to that shipment's Xxxx of Lading Date, request for payment to be made earlier than 30 days after the Xxxx of Lading Date as specified in Clause 6.2(a) on a revised payment date, but no earlier than 5 days after the Xxxx of Lading Date. Seller shall pay early payment interest to Buyer for the period from the revised payment date until 30 days after the Xxxx of Lading Date at LIBOR [deleted for confidentiality].
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INTEREST REIMBURSEMENT AND INTEREST ON LATE PAYMENTS a. For any shipment above 20,000 metric tonnes, Exporter may, upon giving written notice to Marketer and subject to Marketer's written consent, which shall not be unreasonably withheld, to be given prior to that shipment's Bill of Lading Date, request for payment to be made earlier than 00 xays after the Bill of Lading Date as specified in Condition 6.2(a) on a revised xxxment date, but no earlier than 5 days after the Bill of Lading Date. Exporter shall pay early payment interest to Markexxx for the period from the revised payment date until 30 days after the Bill of Lading Date at LIBOR plus [deleted for confidentiality] pxx xnnum calculated on a daily basis.

Related to INTEREST REIMBURSEMENT AND INTEREST ON LATE PAYMENTS

  • Interest on Late Payments With respect to any payment between the Parties pursuant to this Agreement not made by the due date set forth in this Agreement for such payment, the outstanding amount will accrue interest at a rate per annum equal to the rate in effect for underpayments under Section 6621 of the Code from such due date to and including the payment date.

  • Interest on Late Payment 20.1 Where a sum is required to be paid under this agreement (other than under the Tax Covenant) but is not paid before or on the date the parties agreed, the party due to pay the sum shall also pay an amount equal to interest on that sum for the period beginning with that date and ending with the date the sum is paid (and the period shall continue after as well as before judgment).

  • Interest on Overdue Payments Without limiting the rights of Executive at law or in equity, if the Company fails to make the Lump-Sum Payment or any Gross-Up Payment on a timely basis, the Company shall pay interest on the amount thereof at an annualized rate equal to the rate in effect, at the time such payment should have been made, under the 401(k) Plan for loans to participants in such plan.

  • Interest on Payments Any payment by the Receiver pursuant to Section 2.6(d) shall be made together with interest on the amount thereof that accrues with effect from five (5) Business Days after the date on which payment was agreed or determined to be due until such amount is paid. The annual interest rate shall be determined by the Receiver based on the coupon equivalent of the three (3)-month U.S. Treasury Xxxx Rate in effect as of the first Business Day of each Calendar Quarter during which such interest accrues as reported in the Federal Reserve Board Statistical Release for Selected Interest Rates H.15 opposite the caption “Treasury bills (secondary market), 3-Month” or, if not so reported for such day, for the next preceding Business Day for which such rate was so reported.

  • Interest on Loans (a) Subject to the provisions of Section 2.08, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap year) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.

  • Interest on Overdue Amounts (a) If an Obligor fails to pay any amount payable by it under the Finance Documents, it must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

  • Interest and Interest Rate (a) The Designated Securities will bear interest from April [•], 2010 or from the most recent date through which the Issuer has paid or provided for interest on the Designated Securities at an annual rate of 3.729%.

  • Interest on Arrears 5.19.1 If the Tenant shall fail to pay the Rents or any other sum due under this Lease within 14 days of the date due whether formally demanded or not (save for Rent or any other sum the amount of which was tote notified by the Landlord who has failed to do so) the Tenant shall pay to the Landlord Interest (compounded on each quarter day) on the Rents or other sum from the date when they were due to the date on which they are paid and such Interest shall be deemed to be rents due to the Landlord

  • 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:

  • Interest and Interest Rates The rate or rates at which the Notes shall bear interest, the date or dates from which such interest shall accrue, the interest payment dates on which any such interest shall be payable and the regular record date for any interest payable on any interest payment date, in each case, shall be as set forth in the form of Note set forth as Exhibit A hereto.

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