Common use of Interest on overdue sums Clause in Contracts

Interest on overdue sums. Without prejudice to Article 10 and by way of exception to Article 3.01, if any of the Borrowers fails to pay any amount payable by it under this Contract on its due date, interest shall accrue on any overdue amount payable under the terms of this Contract from the due date to the date of actual payment at an annual rate equal to:

Appears in 4 contracts

Samples: Amendment and Restatement Agreement (LivaNova PLC), And Restatement Agreement (LivaNova PLC), LivaNova PLC

AutoNDA by SimpleDocs

Interest on overdue sums. Without prejudice to Article 10 and by way of exception to Article 3.01, if any of the Borrowers Borrower fails to pay any amount payable by it under this the Contract on its due date, interest shall accrue on any overdue amount payable under the terms of this Contract from the due date to the date of actual payment at an annual rate equal to:

Appears in 2 contracts

Samples: www.protothema.gr, Xylem Inc.

Interest on overdue sums. Without prejudice to Article 10 and by way of exception to Article 3.01, if any of the Borrowers Borrower fails to pay any amount payable by it under this the Contract on its due date, interest shall accrue on any overdue amount sum payable under the terms of this Contract from the due date to the date of actual payment at an annual rate equal to:

Appears in 1 contract

Samples: Pacificorp /Or/

Interest on overdue sums. Without prejudice to Article 10 and by way of exception to Article 3.01, if any of the Borrowers Borrower fails to pay any amount payable by it under this Contract on its due date, interest shall accrue (subject to mandatory provisions of the applicable laws) on any overdue amount payable under the terms of this Contract from the due date to the date of actual payment at an annual rate equal to:

Appears in 1 contract

Samples: Agreement (Opgen Inc)

AutoNDA by SimpleDocs

Interest on overdue sums. Without prejudice to Article 10 and by way of exception to Article 3.01, if any of the Borrowers Borrower fails to pay any amount payable by it under this Contract on its due date, interest shall accrue on any overdue amount sum payable under the terms of this Contract from the due date to the date of actual payment at an annual rate equal to:

Appears in 1 contract

Samples: Agco Corp /De

Interest on overdue sums. Without prejudice to Article 10 and by way of exception to Article 3.01, if any of the Borrowers Borrower fails to pay any amount payable by it them under this the Contract on its due date, interest shall accrue on any overdue amount payable under the terms of this Contract from the due date to the date of actual payment at an annual rate equal to:to the Relevant Interbank Rate plus 2% (200 basis points) and shall be payable in accordance with the demand of the Bank.

Appears in 1 contract

Samples: Innocoll AG

Time is Money Join Law Insider Premium to draft better contracts faster.