Unpaid Sum definition

Unpaid Sum means any sum due and payable but unpaid by an Obligor under the Finance Documents.

Unpaid Sum means any sum due and payable but unpaid by the Borrower under this Agreement.

Unpaid Sum means any sum due and payable but unpaid by any Borrower under the Loan Documents.

Examples of Unpaid Sum in a sentence

• During any extension of the due date for payment of any principal or Unpaid Sum under this Agreement interest is payable on the principal or Unpaid Sum at the rate payable on the original due date.

• The Borrower shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost attributable to all or any part of the Loan or Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period for the Loan or Unpaid Sum.

• Any interest which shall have accrued under Clause 28.2 (Default Rate) in respect of an Unpaid Sum shall be due and payable and shall be paid by the Obligor owing such sum at the end of the period by reference to which it is calculated or on such other dates as the Facility Agent may specify by written notice to such Obligor.

• Each Borrower shall, within three Business Days of demand by a Finance Party (which demand shall be accompanied by a certificate showing, in reasonable detail, the calculation of the Break Costs incurred by such Finance Party in respect of the relevant Interest Period), pay to that Finance Party its Break Costs attributable to all or any part of a Loan or Unpaid Sum being paid by that Borrower on a day other than the last day of an Interest Period for that Loan or Unpaid Sum.

• An Unpaid Sum shall bear interest, or, insofar as it relates to unpaid interest, shall give rise to a claim for lump sum damages, during each Interest Period in respect thereof at the rate per annum which is one per cent.

More Definitions of Unpaid Sum

Unpaid Sum means any sum due and payable but unpaid by any Loan Party under the Loan Documents.

Unpaid Sum means any sum due and payable but unpaid by any Security Party under the Finance Documents.

Unpaid Sum means any sum due and payable but unpaid by the Borrowers and/or the Guarantor under the Finance Documents.

Unpaid Sum means any sum due and payable but unpaid by an Obligor under the Finance Documents. Utilisation means the making of an Advance. Utilisation Date means the date on which a Utilisation is made.

Unpaid Sum means the unpaid balance of any of the sums referred to in Clause 28.1 (Default Interest Periods).

Unpaid Sum means the unpaid balance of any of the sums referred to in Clause 23.1 (Default Interest Periods).

Unpaid Sum means an "Unpaid Sum" as defined in the Common Terms Agreement in respect of Senior Facility A; and