Common use of Liability for Default Clause in Contracts

Liability for Default. In the event that Borrower fails to perform the repayment obligations set forth in this Agreement, Borrower shall pay overdue interest of 0.01% per day for the outstanding payment, until the day Borrower repays the full principal of the Loan, overdue interests and other payable amounts.

Liability for Default. In If the event that Borrower fails to perform repay the repayment obligations set forth in loan according to this Agreement, Borrower he shall pay overdue interest on the unpaid amount at a rate of 0.010.02% per for each day for the outstanding paymentof delay, until the day Borrower repays the full principal of the Loanall loan principal, overdue interests interest and other payable amounts.

Liability for Default. ​ In the event that the Borrower fails to perform the repayment obligations set forth in this Agreement, the Borrower shall pay an overdue interest of 0.01% per day for the outstanding payment, until the day the Borrower repays the full principal of the LoanLoan (and any interest thereon), overdue interests and other payable amounts.