Common use of Payment of Default Interest Clause in Contracts

Payment of Default Interest. Any Interest which shall have accrued under clause 13.2 above in respect of an Unpaid Sum shall be due and payable and shall be paid by the Borrower at the end of each Interest Period by reference to which it is calculated or on such other dates as the Bank may specify by written notice to the Borrower.

Payment of Default Interest. Any Interest interest which shall have accrued under clause 13.2 above Clause 24.2 (Default Interest) in respect of an 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 each Interest Period by reference to which it is calculated its Term in respect thereof or on such other dates as the Bank Agent may specify by written notice to the Borrowersuch Obligor.

Payment of Default Interest. Any Interest interest which shall have accrued under clause 13.2 above Clause 17.2 (DEFAULT INTEREST) in respect of an Unpaid Sum unpaid sum shall be due and payable and shall be paid by the Borrower Borrowers at the end of each Interest Period the period by reference to which it is calculated or on such other dates as the Bank Agent may specify by written notice to the BorrowerBorrowers.

Payment of Default Interest. Any Interest which shall have on an Unpaid Sum accrued under clause 13.2 above in respect of an Unpaid Sum 18.1 shall be due and payable and shall be paid by the Borrower at the end of each Interest Period by reference to which it is calculated relating thereto or on such other dates date as the Bank relevant Lender may specify by written notice to the Borrower.

Payment of Default Interest. Any Interest interest which shall have accrued under clause 13.2 above Clause 22.2 (Default Interest) in respect of an 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 each Interest Period by reference to which it is calculated in respect thereof or on such other dates as the Bank Agent may specify by written notice to the Borrowersuch Obligor.

Payment of Default Interest. Any Interest interest which shall have accrued under clause 13.2 above Clause 20.2 (Default Interest) in respect of an Unpaid Sum shall be due and payable and shall be paid by the Borrower at on demand of the end of each Interest Period by reference to which it is calculated or on such other dates as the Bank may specify by written notice to the BorrowerBank.

Payment of Default Interest. Any Interest interest which shall have accrued under clause 13.2 above Clause 18.2 (Default Interest) in respect of an Unpaid Sum any sum shall be due and payable and shall be paid by the Borrower Obligor owing such sum at the end of each Interest Period the period by reference to which it is calculated or on such other dates thereafter as the Bank Agent may reasonably specify by written notice to the Borrowersuch Obligor.

Payment of Default Interest. Any Interest interest which shall have accrued under clause 13.2 above Clause 22.2 (DEFAULT INTEREST) in respect of an 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 each Interest Period by reference to which it is calculated in respect thereof or on such other dates as the Bank Facility Agent may specify by written notice to the Borrowersuch Obligor.

Payment of Default Interest. Any Interest interest which shall have accrued under clause 13.2 above Clause 25.2 (Default Interest) in respect of an Unpaid Sum shall be due and payable and shall be paid by the Borrower relevant Obligor at the end of each Interest Period the period by reference to which it is calculated or on such other date or dates as the Bank Agent may specify by written notice to the Borrowersuch Obligor.