Payments and Interest. The Account Party shall pay to the Issuing Bank (as agent for and on behalf of the Banks) on demand from time to time all amounts payable by the Account Party under Clauses ý4.3 and ý4.4 together with interest at the Default Rate on each such amount from the date of the Issuing Bank’s payment until the date of the Account Party’s payment to the Issuing Bank, before or after any relevant judgment.
Appears in 2 contracts
Samples: Credit Facility Agreement, Credit Facility Agreement (Max Capital Group Ltd.)
Payments and Interest. The Account Party shall pay to the Issuing Bank (as agent for and on behalf of the Banks) on demand from time to time all amounts payable by the Account Party under Clauses ý4.3 4.3 and ý4.4 4.4 together with interest at the Default Rate on each such amount from the date of the Issuing Bank’s payment until the date of the Account Party’s payment to the Issuing Bank, before or after any relevant judgment.
Appears in 2 contracts
Samples: Credit Facility Agreement (ALTERRA CAPITAL HOLDINGS LTD), Credit Facility Agreement (Max Capital Group Ltd.)
