Common use of Late Repayment During the Production Period (LRDPP) Interest Clause in Contracts

Late Repayment During the Production Period (LRDPP) Interest. LRDPP Interest shall be the rate of 3.00% per annum plus Prime compounded on a daily basis.

Appears in 3 contracts

Samples: Advance Payments Program Application and Repayment Agreement, Advance Payments Program Application and Repayment Agreement, Advance Payments Program Application and Repayment Agreement

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Late Repayment During the Production Period (LRDPP) Interest. LRDPP Interest shall be the rate of 3.00Prime plus 1.00% per annum plus Prime compounded on a daily basisannum.

Appears in 3 contracts

Samples: Advance Payments Program Application and Repayment Agreement, Advance Payments Program Application and Repayment Agreement, Advance Payments Program Application and Repayment Agreement

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