Common use of Waiver of Interest Clause in Contracts

Waiver of Interest. The parties hereto acknowledge and agree that, notwithstanding any other provisions of this Agreement, the principle of payment of interest is repugnant to the principles of Xxxxx’a and to the extent that any law or provision would impose (whether by contract or statute) an obligation to pay interest to the other party in relation to this Agreement, each party expressly waives and rejects the entitlement to recover interest from another party.

Waiver of Interest. The parties Each party hereto acknowledge acknowledges and agree agrees that, notwithstanding any other provisions of this Agreement, the principle of payment of interest is repugnant to the principles of Xxxxx’a and to the extent that any law or provision would impose (whether by contract or statute) an obligation to pay interest to the any other party person in relation to this Agreement, each party expressly hereto waives and rejects the entitlement to recover interest from another partyperson.

Waiver of Interest. The parties hereto acknowledge Parties recognise and agree that, notwithstanding any other provisions of this Agreement, that the principle of payment of interest is repugnant to the Xxxxx’a principles of Xxxxx’a and and, accordingly, to the extent that any law or provision court would impose (impose, whether by contract or statute) an by statute any obligation to pay interest to interest, the other party in relation to this Agreement, each party parties hereby irrevocably and unconditionally expressly waives waive and rejects the reject any entitlement to recover interest from another partyeach other.