Common use of Unpaid Sums as Advances Clause in Contracts

Unpaid Sums as Advances. Any unpaid sum shall (for the purposes of this Clause 27 and Clause 20.1 (Increased Costs)) be treated as an advance and accordingly in this Clause 27 and Clause 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: Royal Ahold

AutoNDA by SimpleDocs

Unpaid Sums as Advances. Any unpaid sum shall (for the purposes of this Clause 27 18 (Default Interest and Indemnity) and Clause 20.1 10.1 (Increased Costs)) be treated as an advance and accordingly in this Clause 27 18 and Clause 20.1 10.1 (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: Agreement (Teekay Shipping Corp)

Unpaid Sums as Advances. Any unpaid sum shall (for the purposes of this Clause 27 17 and Clause 20.1 10.1 (Increased Costs)) be treated as an advance and accordingly in this Clause 27 17 and Clause 20.1 10.1 (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: Agreement (Royal Ahold)

Unpaid Sums as Advances. Any unpaid sum shall (for the purposes of this Clause 27 18 and Clause 20.1 11.1 (Increased Costs)) be treated as an advance and accordingly in this Clause 27 18 and Clause 20.1 11.1 (Increased Costs)) the term "Advance" includes any unpaid sum and the term "TermInterest Period", in relation to an unpaid sum, includes each such period relating thereto as is mentioned in Clause 20.1 18.1 (Default Interest Periods).

Appears in 1 contract

Samples: Term Loan Agreement (Arco Chemical Co)

AutoNDA by SimpleDocs

Unpaid Sums as Advances. Any unpaid sum shall (for the purposes of this Clause 27 30 and Clause 20.1 17.1 (Increased Costs)) be treated as an advance and accordingly in this Clause 27 30 and Clause 20.1 17.1 (Increased Costs) the term ), "Advance" includes any unpaid sum and "Term", Interest Period" in relation to an unpaid sum, sum includes each such period relating thereto as is mentioned in Clause 20.1 30.1 (Default Interest Periods).

Appears in 1 contract

Samples: Calenergy Co Inc

Time is Money Join Law Insider Premium to draft better contracts faster.