Common use of Unpaid Sums as Advances Clause in Contracts

Unpaid Sums as Advances. Any unpaid sum shall (for the purposes of this Clause 18 (Default Interest and Indemnity) and Clause 10.1 (Increased Costs)) be treated as an advance and accordingly in this Clause 18 and Clause 10.1 (Increased Costs)) the term “

Appears in 1 contract

Samples: Revolving Loan Agreement (Teekay Shipping Corp)

AutoNDA by SimpleDocs

Unpaid Sums as Advances. Any unpaid sum shall (for the purposes of this Clause 18 (Default Interest and Indemnity) 17 and Clause 10.1 (Increased Costs)) be treated as an advance and accordingly in this Clause 18 17 and Clause 10.1 (Increased Costs)) the term "

Appears in 1 contract

Samples: Multicurrency Revolving Credit Agreement (Royal Ahold)

Unpaid Sums as Advances. Any unpaid sum shall (for the purposes of this Clause 18 (Default Interest and Indemnity) and Clause 10.1 11.1 (Increased Costs)) be treated as an advance and accordingly in this Clause 18 and Clause 10.1 11.1 (Increased Costs)) the term "Advance" 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 18.1 (Default Interest Periods).

Appears in 1 contract

Samples: Term Loan Agreement (Arco Chemical Co)

Unpaid Sums as Advances. Any unpaid sum shall (for the purposes of this Clause 18 (Default Interest and Indemnity) 30 and Clause 10.1 17.1 (Increased Costs)) be treated as an advance and accordingly in this Clause 18 30 and Clause 10.1 17.1 (Increased Costs)) the term “, "Advance" includes any unpaid sum and "Interest Period" in relation to an unpaid sum includes each such period mentioned in Clause 30.1 (Default Interest Periods).

Appears in 1 contract

Samples: Term Loan and Revolving Facility Agreement (Calenergy Co Inc)

AutoNDA by SimpleDocs

Unpaid Sums as Advances. Any unpaid sum shall (for the purposes of this Clause 18 (Default Interest and Indemnity) 27 and Clause 10.1 20.1 (Increased Costs)) be treated as an advance and accordingly in this Clause 18 27 and Clause 10.1 20.1 (Increased Costs)) the term "Advance" includes any unpaid sum and "Term", in relation to an unpaid sum, includes each such period relating thereto as is mentioned in Clause 20.1 (Default Interest Periods).

Appears in 1 contract

Samples: Multicurrency Revolving Credit Agreement (Royal Ahold)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!