Interest on Amounts Payable. After a Change of Control, if any amounts which are required or determined to be paid or payable or reimbursed or reimbursable to Employee under this Section 6 (or under any other plan, agreement, policy or arrangement with Employer) are not so paid promptly at the times provided herein or therein, such amounts shall accrue interest, compounded daily at the annual percentage rate which is three percentage points (3%) above the interest rate which is announced by The Xxxxx National Bank (Washington, D.C.) from time to time as its prime lending rate, from the date such amounts were required or determined to have been paid or payable or reimbursed or reimbursable to Employee until such amounts and any interest accrued thereon are finally and fully paid; provided, however, that in no event shall the amount of interest contracted for, charged or received hereunder exceed the maximum non-usurious amount of interest allowed by applicable law.
Interest on Amounts Payable. If any amounts that are required or determined to be paid or payable or reimbursed or reimbursable to the Employee under this Agreement, under any other plan, agreement, policy or arrangement with the Subsidiary are not paid promptly at the times provided herein or therein, such amounts shall accrue interest at an annual percentage rate of ten percent (10%) from the date such amounts were required or determined to have been paid or payable or reimbursed or reimbursable to the Employee until such amounts and any interest accrued thereon are finally and fully paid; provided, however, that in no event shall the amount of interest contracted for, charged or received hereunder exceed the maximum non-usurious amount of interest allowed by applicable law.
Interest on Amounts Payable. If any amounts payable hereunder by the Issuer to the Guarantor is not paid when due, the unpaid amount from time to time shall bear interest at a rate per annum equal to the then prevailing Bank Rate announced by the Bank of Canada. Such interest shall be payable and compounded monthly on the first day of each month.
Interest on Amounts Payable. Interest accrues on each amount which is due and payable, but not paid, by one party to another under or in accordance with this document:
Interest on Amounts Payable. Unless otherwise specified, interest accrues on each amount which is due and payable, but not paid, by either Rio Tinto or BHP Billiton to the other under or in accordance with this Agreement:
Interest on Amounts Payable. If any party fails to pay any amount payable by it under or in accordance with this agreement (including the Purchase Price and, if applicable, the Option Price) that party must, if demand is made, pay interest on that amount from the due date for payment until that amount is paid in full at the Agreed Interest Rate, calculated daily. The right to require payment of interest under this clause is without prejudice to any other rights the non-defaulting party may have against the defaulting party at law or in equity.
Interest on Amounts Payable. If the Participating Organisation fails to pay any amount payable by it to Agsafe under or in accordance with this agreement, the Participating Organisation must, if demand is made by Agsafe, pay simple interest on the outstanding amount, calculated on a daily basis on and from the due date for payment until that amount is paid in full at the rate of 2% per annum per annum above the rate from time to time applicable to post- judgment debts within the jurisdiction of the Supreme Court of the Australian Capital Territory pursuant to Schedule 2 of the Court Procedures Rules Act 2006 (ACT). The right of Agsafe to require payment of interest under this clause 1.5 is without prejudice to any other rights Agsafe may have against the Participating Organisation at Law or in equity.
Interest on Amounts Payable. After a Change of Control, if --------------------------- any amounts which are required or determined to be paid or payable or reimbursed or reimbursable to Executive under this Agreement (or under any other plan, agreement, policy or arrangement with the Trust) are not so paid promptly at the times provided herein or therein, such amounts shall accrue interest, compounded daily at the annual percentage rate which is three percentage points (3%) above the interest rate which is announced by The Xxxxx National Bank (Washington, D.C.) from time to time as its prime lending rate, from the date such amounts were required or determined to have been
Interest on Amounts Payable. After a Change of Control, if any amounts which are required or determined to be paid or payable or reimbursed or reimbursable to Employee under this Section 1 are not so paid promptly at the times provided herein or therein, such amounts shall accrue interest, compounded daily at the annual percentage rate which is three percentage points (3%) above the interest rate which is announced by The Xxxxx National Bank (Washington, D.C.) from time to time as its prime lending rate, from the date such amounts were required or determined to have been paid or payable or reimbursed or reimbursable to Employee until such amounts and any interest accrued thereon are finally and fully paid; provided, however, that in no event shall the amount of interest contracted for, charged or received hereunder exceed the maximum non-usurious amount of interest allowed by applicable law.
Interest on Amounts Payable. If any Party fails to pay any sum payable by it under or in accordance with this Deed that Party must pay simple interest on that sum from the due date for payment until that sum is paid in full at the rate per annum which is the Interest Rate on the date on which the payment was due calculated daily. The right to require payment of interest under this clause 5.5 is without prejudice to any other rights the non-defaulting Party may have against the defaulting Party under this Deed, at law or in equity.
