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.

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.

Payment of default interest on overdue amounts. The Borrower shall pay interest in accordance with the following provisions of this Clause 4 7 on any amount payable by the Borrower under this Agreement which the Lender does not receive on or before the Termination Date relevant date, that is: (a) the date on which this Agreement provides that such amount is due for payment; or, if (b) where this Agreement provides that such amount is payable on demand, the date on which the demand is served served; or, (c) if such amount has become immediately due and payable under this AgreementClause 15.4, the date on which it became immediately due and payable.

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.