Payment of accrued default interest. Subject to the other provisions of this Agreement, any interest under this Clause shall be immediately due and payable; and the payment shall be made to the Agent for the account of the Creditor Party to which the overdue amount is due.
Appears in 2 contracts
Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.), Loan Agreement (Euronav NV)
Payment of accrued default interest. Subject to the other provisions of this Agreement, any interest due under this Clause 7.5 (Payment of accrued default interest) shall be immediately due and payablepayable on demand; and the payment shall be made to the Agent for the account of the Creditor Party to which the overdue amount is due.
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
Payment of accrued default interest. Subject to the other provisions of this Agreement, any interest due under this Clause shall be immediately due and payablepaid on the Agent's demand; and the payment shall be made to the Agent Security Trustee for the account of the Creditor Party to which the overdue amount is due.
Appears in 1 contract
Samples: Dynagas LNG Partners LP
Payment of accrued default interest. Subject to the other provisions of this Agreement, any interest due under this Clause shall immediately be immediately due and payable; and the payment shall be made to the Agent for the account of the Creditor Party to which the overdue amount is due.
Appears in 1 contract
Samples: Agreement (Euronav NV)
