Common use of Rate of Default Interest Clause in Contracts

Rate of Default Interest. If the Borrower fails to pay any sum payable under this Agreement when due, the following provisions shall apply:

Appears in 4 contracts

Samples: Facility Agreement (Focus Media Holding LTD), Facility Agreement (MIE Holdings Corp), Loan Agreement (Kowloon Canton Railway Corp)

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Rate of Default Interest. If the either Borrower fails to pay any sum payable under this Agreement when due, the following provisions shall apply:

Appears in 1 contract

Samples: Loan Agreement (Mindray Medical International LTD)

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