Interest. You agree to pay to us: interest at the Interest Rate, as set out in the Commitment Letter or Loan Agreement, Compound Interest if you fail to pay us interest when it is due, at the frequency set out herein, and until the later of the end of the Term and the time at which the Outstanding Loan Amount has been paid in full. Any funds we advance to you before the Interest Adjustment Date will accrue interest. This interest will be charged at the annual Interest Rate from the Advance Date and will be calculated using simple daily interest. We may use any one of the following methods to recover the interest: we may deduct the interest from your bank account on the Interest Adjustment Date, we may request that you pay the interest on the Interest Adjustment Date, we may deduct the interest from the funds advanced on the Advance Date, or we may deduct the interest from your bank account on the First Regular Payment Date. After the Interest Adjustment Date, you will begin to make Regularly Scheduled Payments, starting on the First Regular Payment Date, and continuing on each subsequent Regularly Scheduled Payment Date thereafter, until the end of the Term. At the end of the Term, you will pay the Outstanding Loan Amount, unless we offer you a Renewal Agreement. On each Regularly Scheduled Payment Date you will pay an amount of • dollars $ [the Regularly Scheduled Payment amount], on a payment frequency that is [weekly, bi-weekly, semi-monthly, or monthly].
Interest. No interest is charged on Purchases appearing on the Account Holder’s Account Statement for the first time if there is no outstanding Balance from a previous Account Statement and if the Account is paid in full by the due date indicated on the Account Statement. Only Cash Advances charged to the Account will bear interest, and this from the day the Cash Advance is granted until the date the interest-bearing Balance is repaid in full.
Interest. The Notes bear interest at the rate of 4.50 per cent. per annum, from and including the Issue Date payable annually in arrear on 17 October in each year (each an Interest Payment Date), commencing on 17 October 2018. The period commencing on, and including, the Issue Date and ending on, but excluding, the first Interest Payment Date and each successive period commencing on, and including, an Interest Payment Date and ending on, but excluding, the next succeeding Interest Payment Date is called an Interest Period.
Interest. The amount of this Advance shall bear interest between the date it is paid until the date of normal or accelerated repayment at the monthly rate of one-tenth of one percent (0.1%) per month, which is one and two-tenths percent (1.2%) per year. The interest shall be capitalized and shall be paid at the time of repayment of the Advance, or at the time it is offset with the subscription to the shares to be issued during the capital increase. The interest shall be calculated for the exact number of days elapsed during a given calendar month on the basis of a 360-day year. In the event of accelerated repayment of the Advance under the conditions defined in Article 3.3) hereinafter, the Advance shall bear interest retroactively from the [date of payment of the Advance] at the monthly rate of three-tenths of one percent (0.3%), which is three and six-tenths percent (3.6%) per year. In order to comply with legal requirements, it is specified that the annualized percentage rate applicable to the Advance, for a period to end no later than December 10, 2003, would, on the date of this Agreement, be one and two-tenths percent (1.2%).