Payment of Default Interest. Any interest which shall have accrued under Clause 16.2 in respect of an unpaid sum shall be due and payable and shall be paid by Funding at the end of the period by reference to which it is calculated.
Appears in 7 contracts
Samples: Master Intercompany Loan Agreement, Master Intercompany Loan Agreement, Master Intercompany Loan Agreement
Payment of Default Interest. Any interest which shall have accrued under Clause 16.2 in respect of an unpaid sum shall be due and payable and shall be paid by Funding 1 at the end of the period by reference to which it is calculated.
Appears in 4 contracts
Samples: Intercompany Loan Agreement, Intercompany Loan Agreement, Intercompany Loan Agreement
Payment of Default Interest. Any interest which shall have accrued under Clause 16.2 (Default interest) in respect of an unpaid sum shall be due and payable and shall be paid by Funding 2 at the end of the period by reference to which it is calculatedcalculated or on such other date or dates as the Funding 2 Security Trustee may specify by written notice to Funding 2.
Appears in 4 contracts
Samples: Global Intercompany Loan Agreement (Granite Master Issuer PLC), Global Intercompany Loan Agreement (Granite Finance Trustees LTD), Global Intercompany Loan Agreement (Granite Finance Funding 2 LTD)
Payment of Default Interest. Any interest which shall have accrued under Clause 16.2 17.2 (Default interest) in respect of an unpaid sum shall be due and payable and shall be paid by Funding 2 at the end of the period by reference to which it is calculatedcalculated or on such other date or dates as the Funding 2 Security Trustee may specify by written notice to Funding 2.
Appears in 1 contract
Samples: Global Intercompany Loan Agreement (Granite Finance Trustees LTD)
