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. The Parties Declarations and the Tenancy Protection Laws do not apply
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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.

  • Without prejudice to any other rights or remedies to which MAFFFL and or Operator may be entitled, the Supplier shall be liable to the payment of interest on any delayed payments at the Delay Interest Rate, for the period of such delay in remitting the monies due.

  • If the Company fails to transfer any amount payable to a Bondholder in connection with the Bond by the due date, the Company undertakes to pay delay interest to the Bondholder at the Rate of Delay Interest on the outstanding amount as from the payment deadline until actual payment.

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

  • It is clarified that the acceptance of Delay Interest Payment will not prejudice any other rights of the Corporation under this Agreement and will not be construed as a waiver of any of the Corporation’s rights under this Agreement.

  • Such Delay Interest Payment Amount along with the unpaid O&M Charges will be payable in the month succeeding non-payment of O&M Charges.

  • Without prejudice to any other rights or remedies to which MAFFFL and/or Supplier / Into-Plane Agent may be entitled, the Supplier/ Into-Plane Agent shall be liable to the payment of interest on any delayed payments at the Delay Interest Rate, for the period of such delay in remitting the monies due.

  • RCFC 15(a); Motion to amend answer to assert fraud counterclaim; Delay; Interest of Justice.THE UNITED STATES, Defendant.

  • If the Company fails to transfer any amount payable to a Bondholder in connection with the Bond by the due date, the Company undertakes to pay delay interest to the Bondholder at the Rate of Delay Interest as specified in the Final Terms on the outstanding amount as from the payment deadline until actual payment.

  • Includes discussion of smoke sur- veillance methods, air quality monitoring and smoke forecasting tools.


More Definitions of Delay Interest

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

  • 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.

  • 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.

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

  • Company Interest means the interest of a Member in Profits, Losses and Distributions.

  • 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).