Delay Interest definition

Delay Interest means [REDACTED - COMMERCIALLY SENSITIVE INFORMATION];
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Delay Interest. The amount of interest payable by each Party on late payments.
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Delay Interest means: with respect to any sum that shall not be paid at the time of its payment set forth in this contract – interest at the maximum interest rate on irregular credit that existed at Bank Hapoalim Ltd. during the period from the fixed time of for payment of this sum up to the date of its full actual payment.
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Examples of Delay Interest in a sentence

  • The Listing Delay Interest shall be payable on demand and in the absence of any such demand on the next Coupon Payment Date.

  • The Company may deduct and withhold from any amounts payable under this Plan such Federal, state, local, foreign or other taxes as are required to be withheld pursuant to any applicable law or regulation.

  • The recipient of a payment made by a Defaulting Participant in respect of a Default Amount must account for the amount of Delay Interest received in accordance with the entitlements provided for in Section 10.10 and for the amount of each Default Amount to the Non-defaulting Participant.

  • Default / Delay Interest Rate (Annual) % It shall be calculated at a rate which is 30% above the Annual Contractual Interest Rate.

  • If the delay is within 6 months (inclusive), breach penalty shall also accrue at 10% of the Delay Interest Rate on the amount of delay.

  • If the delay exceeds 6 months, breach penalty shall accrue at 20% of the Delay Interest Rate on the amount of delay.

  • A Defaulting Participant will be liable to pay on demand by the Operator or a Non-defaulting Participant Delay Interest on the aggregate of the Default Amounts from time to time owing by that Defaulting Participant which will be capitalised and added to the Default Amount on the first day of each month.

  • The majority of UKEF funds are deposited with the Government Banking Service and do not earn interest for UKEF.172 | UK Export Finance Annual Report and Accounts 2016-17 UKEF pays the following type of interest: ■ Delay Interest – interest on claims paid up to 90 days following borrower repayment default.

  • Payment of the principal amount without settling the accrued interest amount will, however, not terminate the obligation to pay the Delay Interest accrued.

  • The Transferring Stockholder shall have a period of sixty (60) days following the expiration of the thirty (30) day period mentioned above to sell all the shares of Company Stock agreed to be purchased by the Transferee, on the payment terms specified in the Tag-Along Notice.


More Definitions of Delay Interest

Delay Interest means interest at the Prime Rate plus 4 percentage points.
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Delay Interest means interest at Prime Rate plus 7% percentage points.
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Related to Delay Interest

  • Compound Interest shall have the meaning set forth in Section 4.1.

  • Delay Liquidated Damages has the meaning set forth in Section 13.1.

  • Overdue Interest means any interest payable pursuant to Section 2.8(b) of the Credit Agreement.

  • Interest when used with respect to an Original Issue Discount Security which by its terms bears interest only after Maturity, means interest payable after Maturity.

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.

  • Compounded Interest shall have the meaning set forth in Section 4.1.

  • L/C Interest shall have the meaning ascribed to such term in Section 3.6 hereof.

  • Undivided Interest means the undivided interest in the Trust evidenced by an Investor Certificate.

  • Month End Interest As defined in each Servicing Agreement.

  • Assigned Interest means all of Assignor's (in its capacity as a "Lender") rights and obligations under the Credit Agreement in respect of the Commitment of the Assignor in the principal amount equal to $____________, and to make Loans under the Commitment and any right to receive payments for the Loans outstanding under the Commitment assigned hereby of $____________ (the "Loan Balance"), plus the interest and fees which will accrue from and after the Assignment Date.

  • Class X Interest The regular interest in the Class X REMIC represented by the Class X Certificates as specified and described in the Preliminary Statement and the related footnote thereto.

  • Asset Interest is defined in Section 2.1(b).

  • Earned Interest means the interest and other income actually received or credited on the investment of the Escrowed Funds between the date hereof and the earlier to occur of the Acquisition Closing Date and the Termination Date.

  • Delay Payments means the amounts payable by the Supplier to the Customer in respect of a delay in respect of a Milestone as specified in the Implementation Plan;

  • Fractional Undivided Interest Means the fractional undivided interest in the Trust that is evidenced by a Certificate.

  • Royalty Interest is defined in Section 1.01.

  • Late Payment Interest means and refer to interest on a particular Late Payment at the Default Rate.

  • REO Imputed Interest As to any REO Property, for any calendar month during which such REO Property was at any time part of REMIC I, one month's interest at the applicable Net Mortgage Rate on the Stated Principal Balance of such REO Property (or, in the case of the first such calendar month, of the related Mortgage Loan, if appropriate) as of the close of business on the Distribution Date in such calendar month.

  • Imputed Interest means any interest imputed under Section 1272, 1274 or 483 or other provision of the Code and any similar provision of state and local tax law with respect to the Corporate Taxpayer’s payment obligations under this Agreement.

  • Class CE Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class CE Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • related interest means (1) a company (other than an insured bank or a foreign bank) that is controlled by an executive officer, director, or principal shareholder or (2) a political or campaign committee that is controlled by or the funds or services of which will benefit an executive officer, director, or principal shareholder. See Section 215.11(a)(2) of

  • Class C Additional Interest is defined in Section 4.1(c).

  • Default Rate Interest is defined in Section 3.1(b)(ix) of this Agreement.

  • Vested Interest means a Participant’s nonforfeitable interest in his or her Account, determined in accordance with Article V.

  • Unpaid Interest means, on any Distribution Date with respect to any Class of Interests or Certificates (other than the Residual Certificates), the portion of Distributable Certificate Interest for such Class remaining unpaid as of the close of business on the preceding Distribution Date, plus one month's interest thereon at the applicable Pass-Through Rate.

  • Fractional Interest As defined in Section 5.02(d).