Calculations and payments in general. 7.1 Calculation. Interest, the Commitment Fee, default interest pursuant to Article 7.5 (Default interest) hereof, lump-sum compensation payments for overdue amounts pursuant to Article 7.6 (Lump-sum compensation) hereof, Non-Utilisation Fee and Prepayment Fee will be calculated on the basis of a 360-day year with thirty-day months.
7.2 Due date. If a payment to be made in connection with this Loan Agreement falls due on a date that is not a Banking Day, the Borrower must make such payment on the following Banking Day. If the following Banking Day falls within the next calendar month, such payment must be made on the last Banking Day of the current calendar month.
7.3 Account number, time of crediting. The Borrower will be released from its payment obligations in connection with this Loan Agreement if and to the extent that the respective amounts have been credited to KfW at its free disposal without any deductions in euros and no later than at 10.00 a.m. in Frankfurt am Main, Federal Republic of Germany, to KfW’s account in Frankfurt am Main, Federal Republic of Germany, number IBAN DE92 5002 0400 3122 3012 32, stating the due date as an additional reference („Ref. YYYYMMDD”).
7.4 Counterclaims of the Borrower. The Borrower is not entitled to assert any rights of retention or set-off or comparable rights against payment obligations under this Loan Agreement unless such rights are recognised by declaratory judgment or are not being contested by KfW.
Calculations and payments in general. 7.1 Calculation. Interest, the Commitment Fee, default interest pursuant to Article
Calculations and payments in general. 7.1 Calculation. Interest, the commitment fee, default interest pursuant to Article 7.5, lump-sum compensation for overdue amounts pursuant to Article 7.6, non-acceptance compensation and prepayment compensation will all be calculated on the basis of a 360-day year with 30-day months.
7.2 Due date. If a payment to be made in connection with this Loan Agreement falls due on a date that is not a Banking Day (as defined in Article 14.1) the Borrower must make such payment on the following Banking Day. If the fol- lowing Banking Day falls within the next calendar month, the respective payment shall be effected on the last Banking Day of the then current calen- dar month.
7.3 Account number, time of crediting. The Borrower will be released from its payment obligations in connection with this Loan Agreement if and as soon as the respective amounts have been credited to KfW at its free disposal without any deductions in EUR and no later than 10 a.m. in Frankfurt am Main to KfW's account IBAN DE 92 50020400 3122 3012 32 held with KfW, Frankfurt am Main, with additional reference of the due date "Ref. YYYYMMDD”.
7.4 Counterclaims of the Borrower. The Borrower is not entitled to assert any rights of retention or set-off or comparable rights against payment obliga- tions under this Loan Agreement unless such rights are recognised by final judgment or are not being contested by KfW.
Calculations and payments in general. 6.1. Calculation. Interest, the Commitment Fee, default interest pursuant to Article 6.5 (Default interest) hereof, lump-sum compensation payments for overdue amounts pursuant to Article 6.6 (Lump-sum compensation) hereof, Non-Utilisation Fee and Prepayment Fee will be calculated on the basis of a 360-day year with thirty-day months.
6.2. Due date. If a payment to be made in connection with this Loan Agreement falls due on a date that is not a Banking Day, the Borrower must make such payment on the following Banking Day. If the following Banking Day falls within the next calendar month, such payment must be made on the last Banking Day of the current calendar month.
6.3. Account number, time of crediting. The Borrower will be released from its payment obligations in connection with this Loan Agreement if and to the extent that the respective amounts have been credited to KfW at its free disposal without any deductions in euros and no later than at 10.00 a.m. in Frankfurt am Main, Federal Republic of Germany, to KfW's account in Frankfurt am Main, Federal Republic of Germany, number IBAN DE 92 5002 0400 3122 3012 32 , stating the due date as an additional reference ("Ref. YYYYMMDD").
6.4. Counterclaims of the Borrower. The Borrower is not entitled to assert any rights of retention or set-off or comparable rights against payment obligations under this Loan Agreement unless such rights are recognised by declaratory judgment or are not being contested by KfW.
6.5. Default interest. If any repayment instalments or prepayments pursuant to Article 5.4 (Prepayment) hereof are not at the disposal of KfW when due, KfW may without prior reminder charge default interest at the rate of 200 basis points above the interest rate per annum set out in Article 4 (Interest) hereof for the period beginning on the due date and ending on the date on which such payments are credited to the account of KfW specified in Article 6.3 (Account number, time of crediting) hereof. Such default interest must be paid immediately upon KfW's first demand.
6.6. Lump-sum compensation. KfW may without prior reminder request lump- sum compensation on overdue amounts (with the exception of the repayment instalments and prepayments mentioned in Article 6.5 (Default interest) hereof) from the due date until the date of payment at a rate of 200 basis points above the Fixed Interest Rate per annum pursuant to Article 4 (Interest) hereof. The lump-sum compensation must be paid immediately upon KfW's fi...
Calculations and payments in general. 7.1 Calculation. Interest, the Commitment Fee, default interest pursuant to Article 7.5 (Default interest) hereof, lump-sum compensation payments for overdue amounts pursuant to Article 7.6 (Lump-sum compensation) hereof, Non-Utilisation Fee and Prepayment Fee will be calculated on the basis of a 360-day year with thirty-day months.
7.2 Due date. If a payment to be made in connection with this Loan Agreement falls due on a date that is not a Banking Day, the Borrower must make such payment on the following Banking Day. If the following Banking Day falls within the next calendar month, such payment must be made on the last Banking Day of the current calendar month.
7.3 Account number, time of crediting.
7.4 Counterclaims of the Borrower. The Borrower is not entitled to assert any rights of retention or set-off or comparable rights against payment obligations under this Loan Agreement unless such rights are recognised by declaratory judgment or are not being contested by KfW.