Common use of Overdue Payments Clause in Contracts

Overdue Payments. Interest (computed on the basis of a 360-day year of twelve 30-day months) on any overdue principal, Make-Whole Amount (if any) and, to the extent permitted by Applicable Law, interest and any other amounts payable shall be paid on demand at the Overdue Rate.

Appears in 9 contracts

Samples: Security Agreement (Firstenergy Corp), Indenture of Trust, Deed of Trust, Assignment of Rents and Leases, Security Agreement and Financing Statement (Calpine Corp), Indenture of Trust, Mortgage and Security Agreement (Calpine Corp)

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Overdue Payments. Interest (computed on the basis of a 360-day year of twelve 30-day months) on any overdue principalprincipal and premium, Make-Whole Amount (if any) , and, to the extent permitted by Applicable Law, on overdue interest and any other amounts payable shall be paid on demand at the Overdue Rate.

Appears in 2 contracts

Samples: Indenture of Trust and Security Agreement (Aes Eastern Energy Lp), Indenture of Trust and Security Agreement (Aes Eastern Energy Lp)

Overdue Payments. Interest (computed on the basis of a 360-day year of twelve 30-day months) on any overdue principal, Make-Whole Amount premium (if any) and, to the extent permitted by Applicable Law, interest and any other amounts payable shall be paid on demand at the Overdue Rate.

Appears in 2 contracts

Samples: Indenture of Trust, Mortgage and Security Agreement (PPL Montana LLC), Indenture of Trust, Mortgage and Security Agreement (PPL Montana LLC)

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Overdue Payments. Interest (computed on the basis of a 360-day year of ---------------- twelve 30-day months) on any overdue principal, Make-Whole Amount premium (if any) and, to the extent permitted by Applicable Law, interest and any other amounts payable shall be paid on demand at the Overdue Rate.

Appears in 1 contract

Samples: Indenture of Trust, Mortgage, Assignment of Leases and Rents and Security Agreement (Dynegy Danskammer LLC)

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