No Interest Payable Sample Clauses

No Interest Payable. No interest shall be payable to the Contractor on any payment due or awarded by any authority.
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No Interest Payable. No Member shall receive any interest on any of its Capital Contributions except for such Member’s Operating Return.
No Interest Payable. No interest shall accrue on or be paid with respect to any portion of any payments hereunder.
No Interest Payable. No interest is payable on any payment to the Contractor under this Agreement.
No Interest Payable. No Partner shall be entitled to receive interest on the amount of his capital account or any balance in its, his or her current account from the Partnership and no Partner shall be liable to pay interest to the Partnership on any negative balance in its, his or her capital account or on any negative balance in its, his or her current account. No Partner shall be entitled to withdraw any funds from the capital or current accounts maintained for such Partner except in compliance with this Agreement.
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No Interest Payable. No Partner shall be entitled to receive interest on the amount of its capital Contribution or any balance in its current account from the Limited Partnership. No Partner shall be liable to pay interest to the Limited Partnership on any negative balance of capital or on any negative balance in its current account.
No Interest Payable. The parties intend and agree that no interest will be payable or receivable under or in connection with this Agreement, and in the event that as a result of any arbitral or judicial award or by operation of any applicable law or otherwise it is determined that any interest is payable in connection with this Agreement, each party agrees to waive any rights it may have to claim or receive such interest and agrees that if any such interest is actually received by it, it shall donate the same to a registered, or otherwise officially recognised, charitable organisation selected by it and whose name shall be disclosed by it to the other party.
No Interest Payable. No interest will be paid or payable to any Partner on any credit balance in its Capital Account unless otherwise approved by the General Partner in writing.
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