Common use of Interest Settlement Clause in Contracts

Interest Settlement. The interest rate shall be calculated and paid according to the fixed interest rate, and the 20th day of each month shall be the date for the settlement of interest.

Appears in 20 contracts

Samples: RMB Credit Limitation Contract (SkyPeople Fruit Juice, Inc), RMB Credit Limitation Contract (SkyPeople Fruit Juice, Inc), RMB Credit Limitation Contract (SkyPeople Fruit Juice, Inc)

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Interest Settlement. The interest rate shall be calculated and paid according to the fixed interest rate, and the 20th day of each month shall be the date for the settlement of interest.. Daily interest rate = monthly interest rate/30

Appears in 3 contracts

Samples: Export Order Financing Contract (SkyPeople Fruit Juice, Inc), Export Order Financing Contract (SkyPeople Fruit Juice, Inc), Export Order Financing Contract (SkyPeople Fruit Juice, Inc)

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