Interest Settlement Method Sample Clauses

Interest Settlement Method. The Borrower will settle the interest in a method as described in following Item (2):
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Interest Settlement Method. The Borrower shall settle the interest in accordance with the (1) method as follows: (1) The interest shall be settled on a quarterly basis. The 20th day of the last month of each quarter shall be the interest settlement date, and the 21st day shall be the interest payment date. (2) The interest shall be settled on a monthly basis, with the 20th day of each month as the interest settlement date and the 21st day as the interest payment date. If the last repayment date of the loan principal is not on the interest payment date, the last repayment date of the loan principal is the interest payment date, and the Borrower shall pay all the payable interests.
Interest Settlement Method. 2.1 The interest is settled monthly, with the 20th of each month is the settlement date and the 21st of each month is the interest payment date. 2.2 If the last repayment installment for the loan principal is not on the interest payment date, then the last repayment date of the loan principal shall be the interest payment date and Party B must pay off all interest on that date. When the loan matures, the interest must be paid off with the principal. If the loan maturity date is a statutory holiday or a public weekend day, and the loan must be repaid on the last business day before such statutory holiday or a public weekend day, the interest shall be charged according to the provisions herein, but the interest for the days between the maturity date and the repayment date based on the interest calculation method must be deducted; if the loan is repaid on the first business day after such statutory holiday or a public weekend day, the interest for the days between the maturity date and the repayment date based on the interest calculation method must be added. If the loan is not repaid on the first business day after such statutory holiday or a public weekend day, the interest shall be charged at the past due rate starting from that day.
Interest Settlement Method. The interest shall be paid on monthly basis, the 20th day of each month is the expiry date for interest and the 21st day of each month is the interest payment date. In case the last payment date for the principal is not on the interest settlement date, the principal payment date shall be the interest settlement date. The borrower shall pay off all the interest on that day.
Interest Settlement Method. A. The interest of the entrusted loan shall be settled in accordance with the second method: (1) The interest and principal of the loan shall be repaid on a one-time basis on the due date. (2) The interest shall be settled monthly, the interest settlement date shall be set at the 20th each month, and the interest payment date be the 21th of the same month. (3) The interest shall be settled quarterly of the year, the interest settlement date shall be set at the 20th of the last month each quarter, and the interest payment date be the 21st of the same month. (4) other method: B. In the event that the payment date falls on the holidays or public holidays, the repayment of principal and interest of the loan can be postponed to the first bank business day after the public holiday. And in the event that the repayment of the interest of the current period is not made on the first bank business day after the public holiday, it shall then be deemed as overdue interest and be calculated in accordance with the compound interest stipulated in this agreement. C. In the event that the repayment date of the last installment of the principal does not fall on the interest payment date, then the repayment date of the last installment of the principal shall be deemed as the interest payment date, and the borrower shall pay off the interest owned in full, that is the interest shall be paid off together with the principal. If the maturity date of the loan falls on the holidays or public holidays, and is paid off on the last bank business day before the public holiday, then the interest shall be calculated in accordance with the rate stipulated in the agreement, and the interest of the days between the actual pay-off date and the maturity date shall be deducted based on the calculation in accordance with the interest rate stipulated in the agreement. If, however, the loan is paid off on the first bank business day after the public holiday, then the interest of the days between the actual pay-off date and the maturity date shall be added based on the calculation in accordance with the interest rate stipulated in the agreement. Whereas the loan is not paid off on the first bank business day after the public holiday, it shall then be deemed as overdue interest and calculated from the first bank business day after the public holiday.
Interest Settlement Method. The interest shall be settled on the 20th day of each month. ☒ The interest shall be settled monthly, and the interest settlement date shall be the 15th day of each month. ☒ Interest shall be settled quarterly on the 20th day of the last month of each quarter. Profit follows the original Qing Dynasty ☒ Others:/
Interest Settlement Method. The Borrower shall settle interest payments every three months and on the 21st day of March, June, September and December of the year. If the interest settlement day falls on a statutory holiday or a public rest-day, the interest settlement shall be made on the working day immediately prior to the statutory holiday or the public rest-day. According to Clause 7 hereof, if the Loan repayment day does not fall on the interest settlement day, the Loan repayment day shall also be the interest settlement day on which day, the Borrower shall re-pay the Loan and pay the accrued outstanding interest.
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Interest Settlement Method. (1) Party B shall pay the interest with the SECOND method as follows: (a) Pay the principal and all interest in a lump sum on the expiration date; (b) Pay the interest by month, the 20th day of each month is the interest settlement date, and the 21st day of each month is the interest payment date. (c) Pay the interest by quarter, the 20th day of the last month of each quarter is the interest settlement date, and the 21st day of the last month of each quarter is the interest payment date. (d) Others _______________________/________________________ (2) If the last repayment date for principal is not the interest payment date, such last repayment date shall be the interest payment date, and Party B shall pay off all the payable interest. If the loan expires, all the principal and interest shall be paid off together. In case the expiration date is official holiday or sabbatical day, if the loan is repaid on the last business day before the official holiday or sabbatical day, the interest rate shall be paid based on the interest rate provided in the contract, but the corresponding interest for the days between the payment date and expiration date shall be deducted on the basis of the interest rate provided in the contract; if the loan is repaid on the following business day after the official holiday or sabbatical day, the corresponding interest for the days between the payment date and expiration date shall be added on the basis of the interest rate provided in the contract; if the loan is not repaid on the following business day after the official holiday or sabbatical day, the interest for overdue loan shall be calculated and collected from that day.
Interest Settlement Method. The Debtor shall follow the (1) method below: (1) On a quarterly basis: Interest shall be settled on 20th of the last month of each quarter and paid on 21st. (2) On a monthly basis: Interest shall be settled on 20th of each month and paid on 21st. If principal payment of the last installment is not on the date of interest payment, then the Debtor shall pay off all the payable interest on the date on which the principal payment of last installment shall be effected.
Interest Settlement Method. The Borrower will settle interest payment with clause (1) of the following: (1) Settle interest on quarter basis, the 20th of the last month in each quarter as interest settlement date, and the 21st is the due date of interest payment. (2) Settle interest on monthly basis, the 20th of each month is the settlement date, and the due date is the 21st. If the last payment date of loan capital is not the interest payment date, then the last payment date of the loan capital will be regard as the interest payment date, the Borrower shall pay off any unpaid interest.
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