Common use of Payment of Overdue Amounts Clause in Contracts

Payment of Overdue Amounts. The Company shall pay interest, calculated on the basis of a 360-day year consisting of twelve 30-day months, on overdue principal and overdue installments of interest, if any, from time to time on demand at the interest rate borne by the Notes to the extent lawful.

Appears in 27 contracts

Samples: Note Agreement (Wal Mart Stores Inc), Global Security Note (Wal Mart Stores Inc), Note (Wal Mart Stores Inc)

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Payment of Overdue Amounts. The Company shall pay interest, calculated on the basis of a 360-day year consisting of twelve 30-day months, on overdue principal and overdue installments of interest, if any, from time to time on demand at the interest rate borne by the Notes to the extent lawful.

Appears in 12 contracts

Samples: Global Note (Wal Mart Stores Inc), Global Note (Wal Mart Stores Inc), Note (Wal Mart Stores Inc)

Payment of Overdue Amounts. The Company shall pay interest on overdue principal and overdue installments of interest, if any, from time to time, calculated on the basis of a 360-day year consisting of twelve 30-day months, on giving effect to the actual payment date for such overdue principal and overdue installments of interest, if any, from time to time on demand at the interest rate borne by the Notes to the extent lawful.

Appears in 3 contracts

Samples: Note Agreement (Wal Mart Stores Inc), Global Security Note (Wal Mart Stores Inc), Note Agreement (Wal Mart Stores Inc)

Payment of Overdue Amounts. The Company shall pay interest, calculated on the basis of the actual number of days in the relevant interest period and a 360-day year consisting of twelve 30-day monthsyear, on overdue principal and overdue installments of interest, if any, from time to time on demand at the interest rate borne by the Notes to the extent lawful.

Appears in 2 contracts

Samples: Note Agreement (Wal Mart Stores Inc), Note Agreement (Wal Mart Stores Inc)

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Payment of Overdue Amounts. The Company shall pay interest, calculated on the basis of a 360-day year consisting of twelve 30-day months, on overdue principal and overdue installments of interest, if any, from time to time time, on demand at the interest rate borne by the Notes to the extent lawful.

Appears in 1 contract

Samples: Note (Wal Mart Stores Inc)

Payment of Overdue Amounts. The Company shall pay interest, calculated on the basis of the actual number of days in the period and a 360-day year consisting of twelve 30-day months365 days, on overdue principal and overdue installments of interest, if any, from time to time time, on demand at the interest rate borne by the Notes to the extent lawful.

Appears in 1 contract

Samples: Note (Wal Mart Stores Inc)

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