Common use of Liability for Default Clause in Contracts

Liability for Default. 4.1. In the event that Borrower fails to repay the outstanding amount of the Loan when due and payable, Borrower shall be liable to pay default interest of 0.01% per day on the outstanding payment, until the date on which Borrower repays the outstanding amount of the Loan in full, together with interest thereon and any other amounts due and payable.

Liability for Default. 4.1. In the event that Borrower fails to repay perform the outstanding amount of the Loan when due and payablerepayment obligations set forth in this Agreement, Borrower shall be liable to pay default overdue interest of 0.01% per day on for the outstanding payment, until the date on which day Borrower repays the outstanding amount full principal of the Loan in fullLoan, together with interest thereon overdue interests and any other amounts due and payablepayable amounts.

Liability for Default. 4.1. In the event that Borrower Xxxxxxxx fails to repay the outstanding amount of the Loan when due and payable, Borrower shall be liable to pay default interest of 0.01% per day on the outstanding payment, until the date on which Borrower repays the outstanding amount of the Loan in full, together with interest thereon and any other amounts due and payable.

Liability for Default. 4.1. 4.1 In the event that the Borrower fails to repay the outstanding amount of the Loan when it becomes due and payable, the Borrower shall be liable to pay default interest on the overdue amount at a rate of 0.01% per day on the outstanding paymentday, until the date on which the Borrower repays the outstanding amount of the Loan in full, together with default interest thereon and any other amounts due and payable.