Interest and Expenses. If the Company shall fail or refuse to pay any amount due under this Section 9 within the time required, the Company shall pay to Executive, in addition to the payment of any other sums required under this Section:
Interest and Expenses. 6.1 You will pay interest to us on any amount that you fail to pay punctually to us under this guarantee. That interest will be payable for the period from the date the amount is demanded or if in respect of any loss or expense the date, if earlier, on which the relevant loss or expense arose, until the date of actual payment (whether or not such payment is after a court judgment or any matter, circumstance or event falling within clause 8.3). During that period that interest will accrue on a daily basis at the rate of 5% per annum (using a 365 day year) over the Bank of England’s official bank rate (commonly known as its base rate or, if that ceases to be available, any comparable rate that we reasonably decide and notify to you) from time to time during that period.
Interest and Expenses. As an additional condition to the effectiveness of the transactions described in this Amendment, Borrower agrees to pay to Lender any and all costs and expenses (including, without limitation, reasonable attorneys’ fees and litigation expenses, appraisal and review, environmental update and review, survey, title searches and endorsements, and recording costs) incurred by Lender and arising out of or relating to the preparation and negotiation of this Amendment or any breach of any covenant or agreement or the incorrectness or inaccuracy of any representation and warranty of Borrower contained in this Amendment or any document delivered to Lender by Borrower pursuant to the terms of this Amendment or the other Loan Documents.
Interest and Expenses. In the event that Pledgor shall --------------------- fail to pay in full within 35 days of the due date any of the Unfunded Commitment Obligations, it will upon demand pay to Pledgee (a) in respect of the period commencing on the date of such payment default and ending on the date its Unfunded Commitment Obligations equals zero, interest (computed on the basis of a 360-day year of twelve 30-day months) on the aggregate amount of its Unfunded Commitment Obligations at a fluctuating rate per annum equal to the Company's borrowing rate under the Credit Agreement, plus four percent (4%), provided that in no event shall the Pledgor be obligated to pay interest in excess of the maximum interest rate permitted under applicable law, and (b) the amount of all reasonable expenses, including the reasonable fees and expenses of its counsel and of any experts and agents, that Pledgee may incur in connection with (i) the administration of this Agreement, (ii) the custody or preservation of, or the sale of, collection from, or other realization upon, any of the Collateral, (iii) the exercise or enforcement of any of the rights of Pledgee hereunder or (iv) the failure by Pledgor to perform or observe any of the provisions hereof.
Interest and Expenses. Any Contingent Payment which is payable by Purchaser in accordance with this Section 2.10 and which is not paid in full by Purchaser in accordance with the time periods set forth in paragraph (i) above shall bear interest on the unpaid balance at the rate of 1% per month calculated from the date of the Triggering Event, or, in any case where the Contingent Payment is calculated as a percentage of Adjusted Net Revenues, from the Revenue Payment Date. In addition, if all or a portion of a Contingent Payment remains unpaid for three business days after the receipt by Purchaser of Seller's written notification that such payment is due and that either the Contingent Payment Period has expired or the Revenue Payment Date has passed, as the case may be, Purchaser will reimburse Seller for reasonable costs incurred in connection with the collection of the Contingent Payment from Purchaser (including reasonable attorneys' fees and expenses).
Interest and Expenses. 1. As for the start date, due date, amount, interest rate, interest calculation means, interest settlement means, expense type or scope, expense rate, expense calculation means, and expense payment means of single transaction of trade financing hereunder, such items shall be determined based on related legal documents of such transaction. If both parties cannot reach agreement through consultations, Party B may reject Party A's application. LIBOR interest rate refers to the inter-bank offered rate of the above period and currency, released by BBA provided by financial telecom terminals such as Xxxxxx at 11.00 a.m. (London time) two banking days prior to the loan or financing day or interest rate adjustment day. HIBOR interest rate refers to the inter-bank offered rate of the above period and currency, released by HKAB provided by financial telecom terminals such as Xxxxxx at 11.00 a.m. (Hong Kong time) two banking days prior to the loan or financing day or interest rate adjustment day.
Interest and Expenses. Article 17 Except otherwise specified in this Agreement or a specific business document, the interest of a single business under this Agreement shall be calculated according to the actual occupation days × actual financing amount × daily interest rate from the date of release or date of payment by the Bank. If the currency is Hong Kong dollar or pounds, the daily interest rate is = annual interest rate /365. In the event that a currency other than Hong Kong dollar or pounds is used, the daily interest rate is = annual interest rate /360. Interest of a specific business shall be calculated according to the stipulations of relevant business documents. The funds received prior to the financing amount of a specific business is due may be used directly for prepaying relevant financing principal and interest.
Interest and Expenses. 8.1 [Reserved]
Interest and Expenses. 5.1 Interest and the calculation and settlement method thereof shall all be dealt with in accordance with the published rules of Party B. In respect of fixed rate financing facilities, interest shall be computed at the agreed interest rate at the time of interest settlement. In respect of floating rate financing facilities, interest shall be computed at the then current interest rate determined during the floating rate period. Upon expiry of each single financing facility, Party A shall repay on a lump-sum basis principal and interest to the effect that interest shall be settled in full together with principal. If relevant payments have been collected prior to expiry of such single financing facility, Party A shall immediately repay relevant principal and interest of such financing facility.
Interest and Expenses. The amount of all or any portion of any Tax Benefit Payment, Additional Payment, or any other payment required to be made by PubCo under this Agreement following a Reconciliation Dispute with respect to which the Stockholders’ Representative is the prevailing party shall be payable, together with interest thereon (computed at a rate per annum of LIBOR plus 100 basis points) commencing from the date on which such Tax Benefit Payment, Additional Payment, or other payment under this Agreement would have originally been due and payable in the absence of such Reconciliation Dispute. In the event of any litigation relating to this Agreement, the prevailing party in any such litigation shall be entitled to recover from the other party the reasonable legal fees and expenses such prevailing party has incurred in connection with such litigation.
