Compensatory Interest Amount has the meaning given to that term in Condition 22.6;
Compensatory Interest Amount means a CP Compensatory Interest Amount, an OP Compensatory Interest Amount and/or a T&S Compensatory Interest Amount (as applicable);
Compensatory Interest Amount has the meaning given to that term in Clause 23.5 (Calculation of Compensatory Interest Amount);
Examples of Compensatory Interest Amount in a sentence
No Default Interest shall be payable by one Party to the other Party in relation to the amount in respect of which Compensatory Interest Amount has been accrued save that Default Interest shall accrue in respect of any Compensatory Interest Amount (and the Reconciliation Amount to which it relates) if and to the extent that such Compensatory Interest Amount has accrued and become due and payable and has not been paid.
More Definitions of Compensatory Interest Amount
Compensatory Interest Amount means an AP Compensatory Interest Amount and/or a VP Compensatory Interest Amount (as applicable);
Compensatory Interest Amount has the meaning given to that term in Condition 22.6; “Compensatory Interest Rate” has the meaning given to that term in Condition 22.6; “Competent Authority” means:
Compensatory Interest Amount shall, in respect of each Billing Period, comprise interest due and payable in relation to each Reconciliation Amount reflected in the Billing Statement for the relevant Billing Period (a “Reconciliation Billing Period”), calculated on the basis that interest on each Reconciliation Amount shall accrue on such amount at the Compensatory Interest Rate for the period from (and including):