Payment of Default Interest. Any interest which shall have accrued under Clause 17.2 (DEFAULT INTEREST) in respect of an unpaid sum shall be due and payable and shall be paid by the Borrower at the end of the period by reference to which it is calculated or on such other dates as the Agent may specify by written notice to the Borrower.
Appears in 8 contracts
Samples: Senior Facility Agreement (General Maritime Corp), Senior Facility Agreement (General Maritime Corp), Junior Facility Agreement (General Maritime Corp)
Payment of Default Interest. Any interest which shall have Interest on an Unpaid Sum accrued under Clause 17.2 (DEFAULT INTEREST) in respect of an unpaid sum 23.1 shall be due and payable and shall be paid by the Borrower at the end of the period by reference to which it is calculated each Interest Period relating thereto or on such other dates date as the Agent may specify by written notice to the Borrower.
Appears in 2 contracts
Samples: Agreement (Macquarie Infrastructure CO Trust), Agreement (Macquarie Infrastructure Assets Trust)
Payment of Default Interest. Any interest which shall have Interest on an Unpaid Sum accrued under Clause 17.2 (DEFAULT INTEREST) in respect of an unpaid sum clause 18.1 shall be due and payable and shall be paid by the Borrower at the end of the period by reference to which it is calculated each Interest Period relating thereto or on such other dates date as the Agent relevant Lender may specify by written notice to the Borrower.
Appears in 2 contracts
Samples: Agreement (Macquarie Infrastructure CO Trust), Agreement (Macquarie Infrastructure Assets Trust)
Payment of Default Interest. Any interest which shall have accrued under Clause 17.2 24.2 (DEFAULT INTERESTDefault Interest) in respect of an unpaid sum Unpaid Sum shall be due and payable and shall be paid by the Borrower at Obligor owing such Unpaid Sum on the end last day of the period by reference to which it is calculated its Term in respect thereof or on such other dates as the Agent may specify by written notice to the Borrowersuch Obligor.
Appears in 2 contracts
Samples: Credit Agreement (NTL Inc/De/), Credit Agreement (NTL Delaware Inc)
Payment of Default Interest. Any interest which shall have accrued under Clause 17.2 (DEFAULT INTEREST) in respect of an unpaid sum shall be due and payable and shall be paid by the Borrower Borrowers at the end of the period by reference to which it is calculated or on such other dates as the Agent may specify by written notice to the BorrowerBorrowers.
Appears in 2 contracts
Samples: Junior Facility Agreement (General Maritime Corp), Senior Facility Agreement (General Maritime Corp)
Payment of Default Interest. Any interest Interest which shall have accrued under Clause 17.2 (DEFAULT INTEREST) clause 13.2 above in respect of an unpaid sum Unpaid Sum shall be due and payable and shall be paid by the Borrower at the end of the period each Interest Period by reference to which it is calculated or on such other dates as the Agent Bank may specify by written notice to the Borrower.
Appears in 2 contracts
Samples: Equipment Facility Agreement (Tower Semiconductor LTD), Equipment Facility Agreement (Tower Semiconductor LTD)
Payment of Default Interest. Any interest which shall have accrued under Clause 17.2 22.2 (DEFAULT INTEREST) in respect of an unpaid sum Unpaid Sum shall be due and payable and shall be paid by the Borrower at Obligor owing such Unpaid Sum on the end last day of the period by reference to which it is calculated each Interest Period in respect thereof or on such other dates as the Facility Agent may specify by written notice to the Borrowersuch Obligor.
Appears in 1 contract
Samples: Agreement (Koninklijke Numico Nv)
Payment of Default Interest. Any interest which shall have accrued under Clause 17.2 16.2 (DEFAULT INTERESTDefault Interest) in respect of an unpaid any sum shall be due and payable and shall be paid by the Borrower Obligor owing such sum at the end of the period by reference to which it is calculated or on such other date or dates as the Facility Agent may specify by written notice to the Borrowersuch Obligor.
Appears in 1 contract
Samples: Royal Ahold
Payment of Default Interest. Any interest which shall have accrued under Clause 17.2 27.2 (DEFAULT INTEREST) in respect of an unpaid sum Unpaid Sum shall be due and payable and shall be paid by the Borrower at Obligor owing such Unpaid Sum on the end last day of the period by reference to which it is calculated each Interest Period in respect thereof or on such other dates as the Facility Agent may specify by written notice to the Borrowersuch Obligor.
Appears in 1 contract
Samples: Agreement (Koninklijke Numico Nv)
Payment of Default Interest. Any interest which shall have accrued under Clause 17.2 10.1 (DEFAULT INTERESTDefault Interest) in respect of an unpaid sum shall be due and payable and shall be paid by the Borrower xxxxxx such unpaid sum at the end of the period by reference to which it is calculated or on such other dates as the Agent Bank may specify by written notice to the Borrower.
Appears in 1 contract
Payment of Default Interest. Any interest which shall have accrued under Clause 17.2 18.2 (DEFAULT INTERESTDefault Interest) in respect of an unpaid any sum shall be due and payable and shall be paid by the Borrower Obligor owing such sum at the end of the period by reference to which it is calculated or on such other dates thereafter as the Agent may reasonably specify by written notice to the Borrowersuch Obligor.
Appears in 1 contract
Samples: Agreement (Vnu N V)
Payment of Default Interest. Any interest which shall have accrued under Clause 17.2 10.1 (DEFAULT INTERESTDefault Interest) in respect of an unpaid sum shall be due and payable and shall be paid by the Borrower Borrowers owing such unpaid sum at the end of the period by reference to which it is calculated or on such other dates as the Agent Bank may specify by written notice to the BorrowerBorrowers.
Appears in 1 contract
Payment of Default Interest. Any interest which shall have accrued under Clause 17.2 15.2 (DEFAULT INTERESTDefault Interest) in respect of an unpaid any sum shall be due and payable and shall be paid by the Borrower at the end of the period by reference to which it is calculated or on such other date or dates as the Facility Agent may specify by written notice to the Borrower.
Appears in 1 contract
Samples: Agreement (Royal Ahold)
Payment of Default Interest. Any interest which shall have accrued under Clause 17.2 20.2 (DEFAULT INTERESTDefault Interest) in respect of an unpaid sum Unpaid Sum shall be due and payable and shall be paid by the Borrower at the end on demand of the period by reference to which it is calculated or on such other dates as the Agent may specify by written notice to the BorrowerBank.
Appears in 1 contract
Samples: Agreement (Maxtor Corp)
Payment of Default Interest. Any interest which shall have accrued under Clause 17.2 25.2 (DEFAULT INTERESTDefault Interest) in respect of an unpaid sum Unpaid Sum shall be due and payable and shall be paid by the Borrower relevant Obligor at the end of the period by reference to which it is calculated or on such other date or dates as the Agent may specify by written notice to the Borrowersuch Obligor.
Appears in 1 contract
Samples: Facility Agreement (Primacom Ag)
Payment of Default Interest. Any interest which shall have accrued under Clause 17.2 22.2 (DEFAULT INTERESTDefault Interest) in respect of an unpaid sum Unpaid Sum shall be due and payable and shall be paid by the Borrower at Obligor owing such Unpaid Sum on the end last day of the period by reference to which it is calculated each Interest Period in respect thereof or on such other dates as the Agent may specify by written notice to the Borrowersuch Obligor.
Appears in 1 contract
Payment of Default Interest. Any interest Interest which shall have accrued under Clause 17.2 (DEFAULT INTEREST) clause 12.2 above in respect of an unpaid sum Unpaid Sum shall be due and payable and shall be paid by the Borrower at the end of the period each Interest Period by reference to which it is calculated or on such other dates as the Agent TIC may specify by written notice to the Borrower.
Appears in 1 contract
Samples: Equipment Facility Agreement (Tower Semiconductor LTD)
Payment of Default Interest. Any interest which shall have accrued under Clause 17.2 28.2 (DEFAULT INTERESTDefault Interest) in respect of an unpaid sum Unpaid Sum shall be due and payable and shall be paid by the Borrower at Obligor owing such Unpaid Sum on the end last day of the period by reference to which it is calculated each Interest Period in respect thereof or on such other dates as the Agent may specify by written notice to the Borrowersuch Obligor.
Appears in 1 contract