Interest and debt Sample Clauses

Interest and debt. 3.7.1 In this clause 3.7 [Interest and debt], ‘Interest’ means interest calculated on a daily compounding basis at the 90 day bank-accepted bill rate (available from the Reserve Bank of Australia) less 10 basis points.
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Interest and debt. In this clause 3.7 [Interest and debt], ‘Interest’ means interest calculated on a daily compounding basis at the 90 day bank-accepted bill rate (available from the Reserve Bank of Australia). If Your Organisation is required to pay an amount to the Department under a Provision of this Agreement and does not repay that amount in full by the date referred to in that provision, Your Organisation must pay Interest on the outstanding amount until it is paid in full, except to the extent the Department notifies Your Organisation in writing otherwise. Your Organisation acknowledges that any Interest payable under a Provision of this Agreement represents a reasonable and genuine pre‑estimate of loss to the Department. Your Organisation must, upon the Department’s request, pay an amount owed or payable to the Department, or which the Department is entitled to recover from Your Organisation, under this Agreement without prejudice to any other rights available to the Department (whether under this Agreement or Law) as a debt due by Your Organisation to the Department without further proof of the debt by the Department being necessary. Other Contributions Your Organisation must ensure that any Other Contributions specified in the Schedule for an Activity are obtained or provided for that Activity at the times and in the amounts specified in the Schedule. If no times are specified in the Schedule for the provision of an Activity’s Other Contributions, Your Organisation must ensure that those Other Contributions are obtained or provided in sufficient time to enable the Activity to be completed in accordance with this Agreement. Your Organisation must use the Other Contributions specified in the Schedule for an Activity for that Activity and in accordance with any Budget set out in Item D of the Schedule for that Activity. If Your Organisation does not obtain or provide an amount of Other Contributions for an Activity by the date specified in the Schedule for that amount, or Your Organisation is otherwise unable to obtain or provide that amount of Other Contributions in time to enable completion of the Activity, then the Department may: withhold payment of some or all of the Grant funds for that Activity until Your Organisation has obtained or provided that amount of Other Contributions; reduce the amount of the Grant payable under the Agreement for that Activity; or terminate the affected Activity or this Agreement in accordance with clause 10.2 [Termination for default...
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Interest and debt. 15.5 If the Bailee does not pay the excess in accordance with sub-clause 15.4:
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Interest and debt. 18.8 If the Bailee does not pay the Driver’s Excess in accordance with sub-clause 18.7:
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Related to Interest and debt

  • Payments of Interest and Principal (a) The Issuer will cause interest to be paid on each Interest Payment Date and principal to be paid on the Expected Maturity Date; provided, however, that it shall not be an Event of Default if principal is not paid in full on such Expected Maturity Date unless funds for such payment have been allocated in accordance with Section 3.01 of the Indenture Supplement; and provided, further, that if a Class C(2020-5) Adverse Event has occurred and is continuing, principal will instead be payable in monthly installments on each Principal Payment Date for the Class C(2020-5) Notes in accordance with Sections 3.01 and 3.05 of the Indenture Supplement. All payments of interest and principal on the Class C(2020-5) Notes shall be made as set forth in Section 1102 of the Indenture.

  • Interest and Fees 24 3.1 Interest................................................................................24 3.2

  • Interest and Costs You agree to pay all legal fees and disbursements incurred by Canada to collect any amount of your Outstanding Loan Balance owing under the MSFAA-Canada and you agree to pay interest, as per section C.5 (d)(ii), before and after default and delinquency. You agree to pay interest before and after judgment. Part D: MSFAA-NB Terms and Conditions Definitions

  • INTEREST AND CHARGES 7.1 If we do not receive your full payment of the current balance specified in the statement of account on or before the payment due date, you must pay daily interest at the rate of (i) S$3.00 per month or (ii) at the retail interest rate or cash interest rate (where applicable) as set out in the statement of account, whichever is the greater, on:-

  • Computation of Interest and Fees All computations of interest for Base Rate Loans (including Base Rate Loans determined by reference to the Eurodollar Rate) shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). Interest shall accrue on each Loan for the day on which the Loan is made, and shall not accrue on a Loan, or any portion thereof, for the day on which the Loan or such portion is paid, provided that any Loan that is repaid on the same day on which it is made shall, subject to Section 2.12(a), bear interest for one day. Each determination by the Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error.

  • Indebtedness Create, incur, assume or suffer to exist any Indebtedness, except:

  • DEBT AND DELINQUENCIES Grantee agrees that any payments due under the Contract shall be directly applied towards eliminating any debt or delinquency it has to the State of Texas including, but not limited to, delinquent taxes, delinquent student loan payments, and delinquent child support.

  • Additional Indebtedness This Indenture does not restrict the Corporation from incurring additional indebtedness for borrowed money or other obligations or liabilities (including Senior Indebtedness) or mortgaging, pledging or charging its properties to secure any indebtedness or obligations or liabilities.

  • Additional Amounts Secured Any amounts disbursed by Xxxxxx under this Section 9 will become additional debt of Borrower secured by this Security Instrument. These amounts may bear interest at the Note rate from the date of disbursement and will be payable, with such interest, upon notice from Lender to Borrower requesting payment.

  • Variation of interest and charges We are entitled, in our reasonable discretion, to vary or determine, at any time and from time to time, the amounts, rates, types and/or basis of calculation of all interests, fees and charges payable by you under this agreement after giving reasonable notice. Without prejudice to the foregoing, such notice of changes of interests, fees and charges may be contained in the statement of account, which shall be effective from such date as we may specify. We may debit the same to your card account and/ or request that you pay the same on demand as we may deem fit.

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