Interest Exemple de Clauze

Interest. (a) The Parties agree that the Escrow Funds deposited into the Debt Service Escrow Account shall bear interest at an annual rate equal to 1.50% per annum adjustable yearly. The Project Bank shall notify to the City the new level of the interest rate applicable to the Escrow Funds during the following calendar year no later than ten (10) Business Days before the expiry of the then current calendar year for which the interest rate was already set.

Interest. 1. Interest arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other State.

Interest. Art.24 Calculul dobanzii Art.24 Interest calculation n Unde: d = dobanda d* = S x ------- x r % S = suma in sold 360 n = numar de zile r = rata dobanzii n Where: d = interest d* = S x ------ x r % S = balance amount 360 n = number of days r = interest rate n Unde: d = dobanda d* = S x ------- x r % S = suma in sold 360 n = numar de zile r = rata dobanzii n Where: d = interest d* = S x ------ x r % S = balance amount 360 n = number of days r = interest rate

Interest. 1) Interest arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other State.