Common use of Interest on Delinquent Payments Clause in Contracts

Interest on Delinquent Payments. The Company agrees to pay interest on any delinquent payment of the Required Funding Amount from the date on which such payment is required to be made pursuant to this Article V, based upon the daily average of the prime rate charged by Trustee during the period of such deficiency.

Interest on Delinquent Payments. The Company agrees to pay interest on any delinquent payment of the Required Funding Amount from the date on which such payment is required to be made pursuant to this Article V, based upon the daily average of the prime rate charged by Trustee Trustee, or its United States banking affiliate, during the period of such deficiency.

Interest on Delinquent Payments. The Company agrees to pay interest on any delinquent payment of the Required Funding Amount from the date on which such payment is required to be made pursuant to this Article V, based upon the daily average of the prime rate charged by Trustee Trustee, during the period of such deficiency.