Payments and Interest. Payments required of PURCHASER by this contract or modifications of this contract, other than those in Sections 13 and 42, shall be received by STATE within the time period stated on the instrument requesting payment from PURCHASER. Payments received after the due date stated on the billing instrument may be subject to an interest charge. The interest rate applied to overdue payments shall be the prime interest rate in effect on the day the payment became delinquent, as established by U.S. Bank, Xxxx and Xxxx Branch, plus 4 percent. Interest shall be calculated from the date of the original billing to the date payment is received by the State Forester.
Payments and Interest. 17.1 You must make at least the minimum monthly payment each month, to be received by us by the payment due date shown in your statement. Payments will reduce your balance only when they are credited to your Account. Your statement will give you guidance on when to make payments by different methods so that they reach us and can be added to your Account on time. We will treat any payment you make (or part of it) as paying off any arrears on the Account first before treating it as the minimum monthly payment due on the Account.
Payments and Interest. 4.1. Unless otherwise agreed in the Special Conditions, the Buyer shall make the Downpayment and pay the Seller the Contract Fee for the conclusion of the Agreement on the day of conclusion of the Agreement.
Payments and Interest. No Group Company is under any obligation to make at any time any payments of interest or any annual payments for which no relief will be received, whether as a deduction or charge on income.
Payments and Interest. Owner shall pay Broker only good funds, wired funds or cashier’s check. If Owner fails to pay to Broker any amount when due under this Agreement, then such amount shall bear interest at the rate of 15% per annum or the maximum rate allowed by law, whichever is less.
Payments and Interest. Interest on the principal amount shall accrue at the annual rate of four percent (4%) per year calculated on the total outstanding balance of principal, payable on the Maturity date, unless such principal shall have been paid or converted into equity as described below. Interest hereon shall be computed on the basis of a 365 day year for the actual number of days in any period for which such computation is made. Principal shall be payable and due on the Maturity Date. The "
Payments and Interest. (a) Any payments required pursuant to this Agreement shall be made in United States dollars, calculated using prevailing spot foreign exchange rates, as applicable.
Payments and Interest. (a) On the date of this Agreement, Bxxxxxxx agrees to pay all Outstanding Interest in kind in Common Stock of the Borrower at a $1.08 price per share. For the avoidance of doubt, the parties hereto acknowledge and agree that, after giving effect to such payment in kind, there shall be no Advances (as defined in the Existing Credit Agreement) or accrued and unpaid interest outstanding under the Existing Credit Agreement.
Payments and Interest. 4.1 Under the Agreement, the Lessee obliges to make payments to the Lessor for the use and possession of the Property under the terms and conditions and based on the rate stipulated in the Agreement.
Payments and Interest. The Account Party shall pay to the Issuing Bank (as agent for and on behalf of the Banks) on demand from time to time all amounts payable by the Account Party under Clauses 4.3 and 4.4 together with interest at the Default Rate on each such amount from the date of the Issuing Bank’s payment until the date of the Account Party’s payment to the Issuing Bank, before or after any relevant judgment.
