Common use of Payment of default interest on overdue amounts Clause in Contracts

Payment of default interest on overdue amounts. The Borrower shall pay interest in accordance with the following provisions of this Clause 4 on any amount payable by the Borrower under this Agreement which the Lender does not receive on or before the Termination Date or, if payable on demand, the date on which the demand is served or, if immediately due and payable under this Agreement, the date on which it became immediately due and payable.

Appears in 3 contracts

Samples: Agreement (Golar LNG LTD), Agreement (Golar LNG Partners LP), Agreement (Golar LNG Partners LP)

AutoNDA by SimpleDocs

Payment of default interest on overdue amounts. The Borrower shall pay interest in accordance with the following provisions of this Clause 4 5 on any amount payable by the Borrower under this Agreement any Finance Document which the Lender does not receive on or before the Termination Date orrelevant date, if payable on demand, the date on which the demand is served or, if immediately due and payable under this Agreement, the date on which it became immediately due and payable.that is:

Appears in 2 contracts

Samples: Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

Payment of default interest on overdue amounts. The Borrower shall pay interest in accordance with the following provisions of this Clause 4 on any amount payable by the Borrower under this Agreement which the Lender does not receive on or before the Termination Repayment Date or, if payable on demand, the date on which the demand is served or, if immediately due and payable under this Agreement, the date on which it became immediately due and payable.

Appears in 2 contracts

Samples: Purchase, Sale and Contribution Agreement (Golar LNG Partners LP), Agreement (Golar LNG Partners LP)

AutoNDA by SimpleDocs

Payment of default interest on overdue amounts. The Borrower shall pay interest in accordance with the following provisions of this Clause 4 4.6 to 4.9 on any amount payable by the Borrower under this Agreement which the Lender does not receive on or before the Termination Date or, if payable on demandDate, the date on which the demand is served applicable Quarterly Payment Date or, if immediately due and payable under this Agreement, the date on which it became immediately due and payable.

Appears in 1 contract

Samples: Loan Agreement (GasLog Partners LP)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!