Interest on Collateral Sample Clauses

Interest on Collateral. Unless and until an Event of Default has occurred and is continuing with respect to the Customer, the Bank shall pay the Customer interest on all cash Collateral delivered to the Bank at such rate as shall be agreed upon between the Parties at the time such cash Collateral is deposited.
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Interest on Collateral. The Bank shall be paid all interest on the Collateral, provided that, only so much interest shall be paid to the Bank as will not reduce the Market Value of the Collateral on the payment date to less than the Collateral Requirement on such payment date.
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Interest on Collateral. Except upon any default by an Obligor of his obligation to furnish additional Collateral pursuant to Section 7.03 hereof or to purchase the Shares covered by any of such Obligor's Collateralized Equity Contracts on the Purchase Date, the Obligor shall be entitled to any interest paid on the Collateral and any such interest received by the Equity Contract Agent shall be paid over to such Obligor; provided, however, that, subject to the provisions of Section 7.05, in the case of Collateral consisting of any obligation originally issued at a price below the principal amount thereof at stated maturity and not bearing stated interest except upon default in the payment of principal thereof or after acceleration, any amounts received by the Equity Contract Agent in excess of the discounted original issue price thereof or any amounts received by the Equity Contract Agent in respect of interest on overdue principal accruing only after default in the payment of principal thereof or after acceleration shall not be paid over to such Obligor but shall be retained by the Equity Contract Agent in cash subject to the security interest and pledge granted in the Collateral Agreement to the Equity Contract Agent on behalf of the Corporation; and provided further that, in the case of Collateral consisting of any obligation, if the aggregate amount of payments of principal thereof upon any acceleration or at stated maturity received by the Equity Contract Agent shall be less than the value thereof (determined as provided in Section 7.01), then any interest on such obligation received by the Equity Contract Agent after such acceleration or after the stated maturity thereof shall not be paid over to such Obligor but shall be retained by the Equity Contract Agent in cash subject to the security interest and pledge granted in the Collateral Agreement to the Equity Contract Agent on behalf of the Corporation.
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Interest on Collateral. No Collateral held by the Collateral Agent (other than amounts held in Bank Accounts invested in Cash Equivalents) shall bear interest, except to the extent specifically agreed to in writing by the Collateral Agent and, unless otherwise so agreed, any such interest shall be Collateral.
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Interest on Collateral. In further consideration of Durham signing this Agreement, and the covenants and releases given herein, and within three (3) business days of the Effective Date, Crdentia will provide Durham with a payment in the gross sum of $7,513.89 (“Collateral Interest”) as Durham’s portion of the interest payment received by Crdentia relating in part to the Collateral. Crdentia shall have no future obligations to Durham concerning payment of any interest relating to the Collateral.
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Interest on Collateral. All interest earned on the Collateral will accrue and be payable monthly to Party A providing the amount deposited as the Collateral is not less than the amount Party A is required to maintain under the collateral agreement under paragraph (a) in which case such interest will be deposited to the Collateral Account.
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Interest on Collateral. 4 ARTICLE 3
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Interest on Collateral. No Collateral, including any such ---------------------- that constituted the proceeds of property insurance subject to Section 4.4(a)(ii), shall bear interest, except to the extent specifically agreed to in writing by the Secured Party and, unless otherwise so agreed, any such interest shall constitute Collateral.
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Interest on Collateral. No Collateral, including any proceeds of property insurance, shall bear interest, except to the extent specifically agreed to in writing by the Collateral Agent in this Agreement or in the Note Purchase Agreement and, unless otherwise so agreed, any such interest shall be Collateral.
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Related to Interest on Collateral

  • 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 PAST-DUE OBLIGATIONS Except as expressly herein provided, any amount due to Lessor not paid when due shall bear interest at the maximum rate then allowable by law from the date due. Payment of such interest shall not excuse or cure any default by Lessee under this Lease, provided, however, that interest shall not be payable on late charges incurred by Lessee nor on any amounts upon which late charges are paid by Lessee.

  • Interest on Swing Loans Each Swing Loan shall bear interest until maturity (whether by acceleration or otherwise) at a rate per annum equal to (i) the sum of the Base Rate plus the Applicable Margin for Base Rate Loans under the Revolving Credit as from time to time in effect (computed on the basis of a year of 360 days for the actual number of days elapsed) or (ii) the Swing Line Lender’s Quoted Rate (computed on the basis of a year of 360 days for the actual number of days elapsed). Interest on each Swing Loan shall be due and payable by the Borrower on each Interest Payment Date and at maturity (whether by acceleration or otherwise).

  • Interest on Revolving Loans The outstanding principal amount of each Revolving Loan made by each Lender shall bear interest at a fluctuating rate per annum that shall at all times be equal to (i) during such periods as such Revolving Loan is a Base Rate Loan, the Base Rate plus the Applicable Revolving Loan Margin in effect from time to time and (ii) during such periods as such Revolving Loan is a Eurodollar Loan, the relevant Adjusted Eurodollar Rate for such Eurodollar Loan for the applicable Interest Period plus the Applicable Revolving Loan Margin in effect from time to time.

  • Interest on Term Loans The outstanding principal amount of each Term Loan made by each Lender shall bear interest at a fluctuating rate per annum that shall at all times be equal to (i) during such periods as such Term Loan is a Base Rate Loan, the Base Rate plus the Applicable Margin in effect from time to time, and (ii) during such periods as such Term Loan is a Eurodollar Loan, the relevant Adjusted Eurodollar Rate for such Eurodollar Loan for the applicable Interest Period plus the Applicable Margin in effect from time to time.

  • 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 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 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 the Loans A. RATE OF INTEREST. Subject to the provisions of subsections 2.6 and 2.7, each Term Loan and each Revolving Loan shall bear interest on the unpaid principal amount thereof from the date made through maturity (whether by acceleration or otherwise) at a rate determined by reference to the Base Rate or the Adjusted Eurodollar Rate. Subject to the provisions of subsection 2.7, each Swing Line Loan shall bear interest on the unpaid principal amount thereof from the date made through maturity (whether by acceleration or otherwise) at a rate determined by reference to the Base Rate. The applicable basis for determining the rate of interest with respect to any Term Loan or any Revolving Loan shall be selected by Company initially at the time a Notice of Borrowing is given (or telephonic notice followed by a Notice of Borrowing) with respect to such Loan pursuant to subsection 2.1B, and the basis for determining the interest rate with respect to any Term Loan or any Revolving Loan may be changed from time to time pursuant to subsection 2.2D. If on any day a Term Loan or Revolving Loan is outstanding with respect to which notice has not been delivered to Administrative Agent in accordance with the terms of this Agreement specifying the applicable basis for determining the rate of interest, then for that day that Loan shall bear interest determined by reference to the Base Rate.

  • 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.

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