XXXX INTEREST. 22.1 In the event of there being any delay in connection with the DATE OF TRANSFER for which the PURCHASER is responsible, the PURCHASER agrees, in addition to any other payments due in terms of this AGREEMENT, to pay interest on the full (VAT inclusive) Purchase Price of the PROPERTY at the prime overdraft rate charged by Nedbank Limited from time to time calculated from the date the PURCHASER is notified in writing by the SELLER (or the SELLER's agent) as being in xxxx, to the date upon which the PURCHASER has ceased to be in xxxx, both days inclusive. 22.2 A certificate by any manager of the said bank as to such prime overdraft rate from time to time shall be prima facie proof of suchrate.
Appears in 4 contracts
Samples: Offer to Purchase, Offer to Purchase, Instalment Sale Agreement
