Common use of Unpaid Sums as Advances Clause in Contracts

Unpaid Sums as Advances. Any unpaid sum shall, for the purposes of this Clause 16 (Default Interest and Indemnity) and Clause 10.1 (Increased Costs), be treated as an advance and accordingly in this Clause 16 (Default Interest and Indemnity) and Clause 10.1 (Increased Costs) the term “Loan” includes any unpaid sum and the term “Interest Period,” in relation to an unpaid sum, includes each such period relating thereto as is mentioned in Clause 16.1 (Default Interest Periods).

Appears in 8 contracts

Samples: Agreement (Open Joint Stock Co Vimpel Communications), Loan Agreement (Wimm Bill Dann Foods Ojsc), Loan Agreement (Open Joint Stock Co Vimpel Communications)

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Unpaid Sums as Advances. Any unpaid sum shall, shall (for the purposes of this Clause 16 (Default Interest and Indemnity) and Clause 10.1 (Increased Costs), ) be treated as an advance and accordingly in this Clause 16 (Default Interest and Indemnity) and Clause 10.1 (Increased Costs)) the term “Loan” "Advance" includes any unpaid sum and the term “Interest Period,” "Term", in relation to an unpaid sum, includes each such period relating thereto as is mentioned in Clause 16.1 (Default Interest Periods).. Part 8

Appears in 1 contract

Samples: Teekay Shipping Corp

Unpaid Sums as Advances. Any unpaid sum shall, for the purposes of this Clause 16 (Default Interest and Indemnity) and Clause 10.1 (Increased Costs), be treated as an advance and accordingly in this Clause 16 (Default Interest and Indemnity) and Clause 10.1 (Increased Costs) the term “Further Loan” includes any unpaid sum and the term “Interest Period,” in relation to an unpaid sum, includes each such period relating thereto as is mentioned in Clause 16.1 (Default Interest Periods).

Appears in 1 contract

Samples: Agreement (Open Joint Stock Co Vimpel Communications)

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Unpaid Sums as Advances. Any unpaid sum shall, for the purposes of this Clause 16 (Default Interest and Indemnity) and Clause 10.1 (Increased Costs), be treated as an advance and accordingly in this Clause 16 (Default Interest and Indemnity) and Clause 10.1 (Increased Costs) the term "Loan" includes any unpaid sum and the term "Interest Period," in relation to an unpaid sum, includes each such period relating thereto as is mentioned in Clause 16.1 (Default Interest Periods).

Appears in 1 contract

Samples: Loan Agreement (Wimm Bill Dann Foods Ojsc)

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