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Loan Interest Sample Clauses

Loan Interest. Through consultations, Party A agrees shall not charge the interest of the loan above mentioned during the loan term under this contract; if Party B fails to repay back the loan as scheduled, the overdue part of the loan shall be charged a penalty in a monthly rate of 1%.
Loan Interest. We will charge interest on any loan balance from the date of the loan at the rate shown in Section 1, Contract Data. We may establish a lower rate for any period for which the loan balance is outstanding. Interest is payable at the end of each Contract Year and on the date the loan balance is repaid. If interest is not received by the Contract Anniversary we will transfer the accrued loan interest from the Fixed and Variable Accounts to the loan account on a pro-rata basis.
Loan Interest. The interest on the principal amount of the Loan outstanding shall accrue daily at the rate of [insert amount in words] per cent, [ ]% per annum above the base rate of [insert bank name] Bank plc as varied from time to time.
Loan Interest. Interest accrues and is payable on a daily basis from the date of the loan on loans requested by the Owner and from the premium due date on loans to pay premiums. Unpaid interest is added to the loan. The Specified Rate loan interest option or the Variable Rate loan interest option is elected on the application. The Owner may change this election at any time, but the change will not take effect until the January 1st following receipt of a written request at the Company's Home Office.
Loan Interest. Interest accrues and is payable on a daily basis from the date of the loan. Unpaid interest is added to policy debt. Interest is payable at an annual effective rate of 5%.
Loan Interest. 5.1 Except as provided in Section 5.2 hereunder, the Loan hereunder shall be interest-free. 5.2 If the Consideration for Equity Transfer or the Consideration for Asset Transfer, in accordance with Section 6 hereof, is higher than the Total Principal as a result of the requirements of then applicable law or for any other reason, the excess shall be deemed to be loan interest/utilizing fees of the Loan to the largest extent permitted by PRC Laws, and will be paid to Party B by Party A together with loan principal.
Loan Interest. 4.1 The monthly interest of the loan under this contact is defined as 4.64625‰ (for midterm current capital, interests will be defined once for each year). Accrued interest cut-off day is 20th each month. 4.2 In case the loan interest rate adjusted by the People’s Bank of China and adjustment applies to the loan under this Contract, Party B shall apply the adjusted interest rate with no need to inform Party A.
Loan Interest. This loan is interest-free and will not change with the national interest rate.
Loan Interest. 5.1 Except as provided in Section 5.2 hereunder, the Loan hereunder shall be interest-free. 5.2 When the Equity Transfer or the Assets Transfer set forth in the Article 6 hereof takes place and if the deemed value of the consideration of Equity Transfer or consideration of Assets Transfer in accordance with Article 6 hereof is higher than the Total Principal due to the requirement by the then applicable law or any other reason, the excess shall be deemed to be interest on the Loan (the “Interest”) to the maximum extent being permitted by the PRC Laws, and shall be repaid to Lender by Borrower together with the Total Principal pursuant to the consideration of Equity Transfer or consideration of Assets Transfer, as the case may be, in accordance with Article 6 hereof. Borrower further agrees to handle the balance in excess of the permitted Interest according to Lender’s instruction.