Common use of Interest on Overdue Amounts Clause in Contracts

Interest on Overdue Amounts. (a) If an Obligor fails to pay any amount payable by it under the Finance Documents, it must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 33 contracts

Samples: Restatement Agreement (Mittal Steel Co N.V.), Facility Agreement (TTM Technologies Inc), Agreement (Tele2 Ab)

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Interest on Overdue Amounts. (a) If an Obligor the Owner fails to pay any amount payable by it under the Finance Documents, it must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 8 contracts

Samples: Agreement (Ocean Rig UDW Inc.), Agreement (DryShips Inc.), Agreement (DryShips Inc.)

Interest on Overdue Amounts. (a) If an Obligor the Borrower fails to pay any amount payable by it under the Finance Documents, it must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 8 contracts

Samples: Agreement (Seaspan CORP), Agreement (PPL Corp), Credit Agreement (Seaspan CORP)

Interest on Overdue Amounts. (a) If an Obligor the Company fails to pay any amount payable by it under the Finance Documents, it must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 8 contracts

Samples: Agreement (United States Steel Corp), Western Power Distribution (PPL Corp), Agreement (PPL Corp)

Interest on Overdue Amounts. (a) If an Obligor fails to pay any amount payable by it under the Finance DocumentsDocuments on its due date, it must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 5 contracts

Samples: Agreement (Amec PLC), Agreement (Amec PLC), Agreement (Amec PLC)

Interest on Overdue Amounts. (a) If an Obligor fails to pay any amount payable by it under the Finance Documents, it must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on before and after judgment.

Appears in 4 contracts

Samples: Agreement (Smith & Nephew PLC), Agreement (Smith & Nephew PLC), Agreement (Smith & Nephew PLC)

Interest on Overdue Amounts. (a) If an Obligor fails to pay any amount payable by it under the Finance DocumentsDocuments when due, it must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 4 contracts

Samples: Credit Agreement (MGM Resorts International), Credit Agreement (MGM Resorts International), Credit Agreement (MGM Resorts International)

Interest on Overdue Amounts. (a) If an Obligor the Company fails to pay to any Finance Party any amount other than interest payable by it under the Finance DocumentsDocuments (overdue amount), it must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 2 contracts

Samples: Bridge Facilities Agreement (Bayer Aktiengesellschaft), Syndicated Facilities Agreement (Bayer Aktiengesellschaft)

Interest on Overdue Amounts. (a) If an Obligor fails to pay any amount (other than interest) payable by it under the Finance Documents, it must immediately on demand by the Facility Agent pay interest on the overdue amount (other than interest) from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 2 contracts

Samples: Agreement (E. Merck oHG), Agreement (Merck Kgaa /Fi)

Interest on Overdue Amounts. (a) If an Obligor the Borrower fails to pay when due any amount payable by it under the Interim Finance Documents, it must immediately on demand by the Interim Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 2 contracts

Samples: Interim Facilities Agreement, inmarsatbidcoinfo.com

Interest on Overdue Amounts. (a) If an Obligor fails to pay any amount payable by it under the Finance Documents, it the Obligors must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 2 contracts

Samples: Facility Agreement (Global Ship Lease, Inc.), Facility Agreement (Global Ship Lease, Inc.)

Interest on Overdue Amounts. (a) If an Obligor fails to pay any amount payable by it under the Finance Documents, it must immediately on demand by the Facility Facilities Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 2 contracts

Samples: Agreement (Carnival PLC), Facilities Agreement (Carnival PLC)

Interest on Overdue Amounts. (a) If an Obligor the Company fails to pay any amount payable by it under the Finance DocumentsDocuments when due, it must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 2 contracts

Samples: Credit Facility Agreement (MGM Resorts International), Credit Facility Agreement (MGM Resorts International)

Interest on Overdue Amounts. (a) If an Obligor fails to pay any amount payable by it under the Senior Finance Documents, it must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Smurfit Kappa Funding PLC)

Interest on Overdue Amounts. (a) If an Obligor fails the Obligors fail to pay any amount payable by it them under the Finance Documents, it they must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 1 contract

Samples: Agreement (Danaos Corp)

Interest on Overdue Amounts. (a) If an Obligor the Company fails to pay any amount payable by it under the Finance Documents, it must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 1 contract

Samples: Agreement (Oratec Interventions Inc)

Interest on Overdue Amounts. (a) If an Obligor fails to pay any amount (other than interest) payable by it under the Finance Documents, it must immediately on demand by the Facility Agent pay interest on the overdue amount (other than interest) from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 1 contract

Samples: Credit Facility Agreement (Terex Corp)

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Interest on Overdue Amounts. (a) If an Obligor fails to pay any amount payable by it under the Finance Documents, it must (unless prohibited from doing so by applicable law) immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 1 contract

Samples: Agreement (Converium Holding Ag)

Interest on Overdue Amounts. (a) If an Obligor fails to pay any amount payable by it under the Finance DocumentsDocuments (other than a Hedging Document), it must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 1 contract

Samples: Agreement (Telesystem International Wireless Inc)

Interest on Overdue Amounts. (a) If an Obligor the Company or the Parent fails to pay any amount payable by it under the Finance Documents, it must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 1 contract

Samples: Facility Agreement (EnerSys)

Interest on Overdue Amounts. (a) If an a Relevant Obligor fails to pay any amount payable by it under the Finance Documents, it must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 1 contract

Samples: Subordination Agreement (Kellwood Co)

Interest on Overdue Amounts. (a) If an Obligor fails to pay any amount payable by it under the Finance Documents, it must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 1 contract

Samples: Agreement (Smith & Nephew PLC)

Interest on Overdue Amounts. (a) If an Obligor fails the Borrowers fail to pay any amount payable by it them under the Finance Documents, it they must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 1 contract

Samples: Agreement (Seaspan CORP)

Interest on Overdue Amounts. (a) 11.4.1 If an Obligor fails to pay any amount payable by it under the Finance Documents, it must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 1 contract

Samples: Facilities Agreement (Royal Ahold)

Interest on Overdue Amounts. (a) If an Obligor the Company fails to pay any amount payable by it under the Finance Documents, it must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgmentjudgement.

Appears in 1 contract

Samples: United States Steel Corp

Interest on Overdue Amounts. (a) If an Obligor fails to pay any amount payable by it under the Finance Documents, it must shall immediately on receipt of written demand by from the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.

Appears in 1 contract

Samples: Amb Property Corp

Interest on Overdue Amounts. (a) If an Obligor fails to pay any amount payable by it under the Finance Documents, it must immediately on demand by the Facility Agent pay interest on the overdue amount from its due date up to the date of actual payment, both before, on and after judgment.. TETONS β€” AMENDED AND RESTATED CREDIT AGREEMENT

Appears in 1 contract

Samples: Credit Agreement (TTM Technologies Inc)

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