Definicija Default Interest

Default Interest. Rate” has the meaning specified under Sub-clause 4.9. “Disbursement Date” means the date on which a Tranche is scheduled to be disbursed pursuant to the applicable Disbursement Notice.
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Default Interest. Period" means for any overdue amount of the Withdrawn Loan Balance, each Inter- est Period during which such overdue amount remains unpaid; provided, however, that the first such De- fault Interest Period shall commence on the 31 stday following the date on which such amount becomes overdue, and the final such Default Interest Period shall end on the date at which such amount is fully paid.
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Default Interest. Rate" means for any Default Interest Period:
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Examples of Default Interest in a sentence

  • After repayment of all outstanding principal under the Loan as well as payment of all interests and other expenses resulting from the Agreement, including in particular those amounts under Sub‑clause 4.9 (Default Interest Rate) and Clause 18 (Taxes and Expenses), the Borrower shall be fully released from its obligations arising out of or in connection with this Agreement.

  • After repayment of all outstanding principal under the Loan as well as payment of all interests and other expenses resulting from the Agreement, including in particular those amounts under Sub-clause 4.9 (Default Interest Rate) and Clause 18 (Taxes and Expenses), the Borrower shall be fully released from its obligations arising out of or in connection with this Agreement.

  • After repayment of all outstanding principal under the Loan as well as payment of all interests and other expenses resulting from the Agreement, including in particular those amounts under Sub‑clause 4.9 (Default Interest Rate) and Clause 18(Taxes and Expenses), the Borrower shall be fully released from its obligations arising out of or in connection with this Agreement.

  • Interest at the Default Interest Rate shall accrue from the first day of each Default Interest Period and shall be payable semi -annually in arrears on each Payment Date.