INTEREST ON ACCOUNT Sample Clauses

INTEREST ON ACCOUNT. The company shall not be obliged to pay interest to the customer on any funds which the company holds. The customer waives all rights and entitlements to interest earned on the account.
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INTEREST ON ACCOUNT. 3.16 We may charge, and you shall pay if so charged, interest at the Interest Rate on any debit balances on the Account, arising as a result of your non-payment by the due date of any amount payable to us under this agreement. Such interest will be calculated daily.
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INTEREST ON ACCOUNT. We are not be obliged to pay interest to the customer on any funds which we hold. You waive all rights and entitlements to interest earned on your Account.
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INTEREST ON ACCOUNT. (a) All interest earned in respect of the Account together with resident withholding tax deducted therefrom (if any) will, at intervals of not less than one month, be divided between the Retailer and the Distributor in proportion to the amounts in the Account held by the Retailer on its own account, and on trust for the Distributor, and the periods for which those amounts were held. The Retailer will, at intervals of not less than one month, cause to be paid to the Distributor an amount equal to the D istributor’s share of interest earned on the Account (net of resident withholding tax, if any), calculated in accordance with the preceding sentence and will at the same time provide to the Distributor details of the calculation of the amount of such payment.
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INTEREST ON ACCOUNT. (a) If the Retailer does not pay the amount due to the Distributor by the due date under clause 6.11.6 in respect of any week, all interest earned in respect of the Account together with resident withholding tax deducted therefrom (if any) will, at intervals of not less than one week, be divided between the Retailer and the Distributor in proportion to the amounts in the Account held by the Retailer on its own account, and on trust for the Distributor and the periods for which those amounts were held. The Retailer will, at intervals of not less than one month, cause to be paid to the Distributor an amount equal to the Distributor’s share of interest earned on the Account net of resident withholding tax (if any), calculated in accordance with the preceding sentence and will at the same time provide to the Distributor details of the calculation of the amount of such payment.
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INTEREST ON ACCOUNT. We will not pay interest on the credit balance in your Account. We are entitled to retain all interest earned on such credit balances.
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INTEREST ON ACCOUNT. 6.3 We will not pay interest on the credit balance in your Account. We are entitled to retain all interest earned on such credit balances. Commissions We may receive and charge Commissions in relation to our Products. The details of any Commissions that we will receive and/or charge you are set out in our Trading Platform, and you must read these details carefully before entering into a Contract with us. You acknowledge that we may pay commissions to third parties in relation to your Account or your dealings with us. Where required under the Applicable Laws we will disclose to you or otherwise seek your consent for payment of such commissions. Please refer to the PDS and FSG for further details.
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INTEREST ON ACCOUNT. We will not pay interest on the credit balance in your Account. We are entitled to retain all interest earned on such credit balances. If there is a debit balance in your Account after the Total Margin Requirements for the open Contracts valued in the Base Currency have been taken into account, (i.e. you owe money to meet the Margin Requirement on the relevant currency ledger), you will pay us interest on the debit balance. Further, if you fail to make any payment required under the Agreements when it falls due, interest will be charged (and you will pay interest) on the outstanding sum. The relevant rates of interest will be 3% over the cash rate of the Reserve Bank of Australia (or of such monetary authority as may replace it) per annum or as otherwise determined by us at our discretion. Any amounts of interest payable to us will be deducted from any interest payable to you. Interest accrues and is calculated daily from the date payment was due until the date you pay in full and is compounded.
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Related to INTEREST ON ACCOUNT

  • Interest on Arrears Any interest instalment unpaid on maturity shall yield interest, of right and without formal notice, at the same rate as applicable to the portion of the loan whose interest is unpaid on maturity, such interest being payable to the Lender on request.

  • Interest on Advances Each Borrower shall pay interest on the unpaid principal amount of each Advance made to such Borrower by each Bank from the date of such Advance until such principal amount shall be paid in full, at the following rates per annum:

  • Interest on Deposits Any interest earned on cash deposits will be credited to CLEC in the amount actually earned or at the rate set forth in Section 8.7 below, whichever is lower, except as otherwise required by law, provided that, for elimination of doubt, the Parties agree that such deposits are not subject to state laws or regulations relating to consumer or End User Customer cash deposits. Cash deposits and accrued interest, if applicable, will be credited to CLEC's account or refunded, as appropriate, upon the earlier of the expiration of the term of this Agreement or the establishment of satisfactory credit with Qwest, which will generally be one full year of consecutive timely payments of undisputed amounts in full by CLEC. Upon a material change in financial standing, CLEC may request, and Qwest will consider, a recalculation of the deposit. The fact that a deposit has been made does not relieve CLEC from any requirements of this Agreement.

  • Interest on Loans (a) Except as otherwise set forth herein, each Class of Loan shall bear interest on the unpaid principal amount thereof from the date made through repayment (whether by acceleration or otherwise) thereof as follows:

  • Interest on Payments Any payment by the Receiver pursuant to Section 2.6(d) shall be made together with interest on the amount thereof that accrues with effect from five (5) Business Days after the date on which payment was agreed or determined to be due until such amount is paid. The annual interest rate shall be determined by the Receiver based on the coupon equivalent of the three (3)-month U.S. Treasury Xxxx Rate in effect as of the first Business Day of each Calendar Quarter during which such interest accrues as reported in the Federal Reserve Board Statistical Release for Selected Interest Rates H.15 opposite the caption “Treasury bills (secondary market), 3-Month” or, if not so reported for such day, for the next preceding Business Day for which such rate was so reported.

  • Interest on Unpaid Balances Interest on any unpaid amount (including amounts placed in escrow) shall be calculated in accordance with the method specified for interest on refunds in the Commission’s regulations at 18 C.F.R. § 35.19a (a)(2)(iii). Interest on unpaid amounts shall be calculated from the due date of the xxxx to the date of payment. Invoices shall be considered as having been paid on the date of receipt of payment.

  • Interest on Late Payments a. State Agencies The payment of interest on certain payments due and owed by Agency may be made in accordance with Article 11-A of the State Finance Law (SFL §179-d et. Seq.) and Title 2 of the New York Code of Rules and Regulations, Part 18 (Implementation of Prompt Payment Legislation -2 NYCRR §18.1 et seq.).

  • Interest on late payment Subject to clause 9.7, the Trader or the Distributor (as the case may be) must pay any Tax Invoice issued under this clause 9. If any part of a Tax Invoice that is properly due in accordance with this Agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice remains unpaid.

  • Interest on Delinquent Payments Without waiving any other right or action available to Authority, in the event of default of Company's payment of Rents or other charges hereunder, and in the event Company is delinquent in paying to Authority any Rents or other charges for a period of five (5) days after the payment is due, Authority reserves the right to charge Company interest thereon from the date the Rents or other charges became due to the date of payment at one and one-half percent (1.5%) per month, to the maximum extent permitted by Applicable Law.

  • No Interest on Capital No Partner shall be entitled to interest on its Capital Contributions or its Capital Account.

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