Common use of Interest on overdue sums Clause in Contracts

Interest on overdue sums. (a) Without prejudice to Article 9 (Events of default) and by way of exception to Article 4.1 (Deferred Interest Fixed Rate), if the Borrower fails to pay any amount (other than any interest amount or any Remuneration Payment) payable by it under this Contract on its due date, interest shall accrue on any such overdue amount (other than any interest amount) from the due date to the date of actual payment at an annual rate equal to:

Appears in 2 contracts

Samples: Contract (CureVac B.V.), www.keionline.org

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Interest on overdue sums. (a) Without prejudice to Article 9 (Events of default) and by way of exception to Article 4.1 (Deferred Interest Fixed Rate), if the Borrower fails to pay any amount (other than any interest amount or any Remuneration Payment) payable by it under this the Contract on its due date, interest shall accrue on any such overdue amount (other than any interest amount) from the due date to the date of actual payment at an annual rate equal to:

Appears in 1 contract

Samples: Inventiva S.A.

Interest on overdue sums. (a) Without prejudice to Article 9 (Events of default) and by way of exception to Article 4.1 (Deferred Interest Fixed RateRate Tranches), if the Borrower fails to pay any amount (other than any interest amount or any Remuneration Payment) payable by it under this Contract the Finance Documents on its due date, interest shall accrue on any such overdue amount (other than any interest amount) from the due date to the date of actual payment at an annual rate equal to:

Appears in 1 contract

Samples: Evaxion Biotech a/S

Interest on overdue sums. (a) Without prejudice to Article 9 (Events of default) and by way of exception to Article 4.1 (Deferred Interest Fixed RateRate Tranches), if the Borrower fails to pay any amount (other than any interest amount or any Remuneration Payment) payable by it under this the Contract on its due date, interest shall accrue on any such overdue amount (other than any interest amount) from the due date to the date of actual payment at an annual rate equal to:

Appears in 1 contract

Samples: Brenmiller Energy Ltd.

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Interest on overdue sums. (a) Without prejudice to Article 9 (Events of defaultDefault) and by way of exception to Article 4.1 (Fixed Rate Tranches) and Article 4.2 (Deferred Interest Fixed RateInterest), if the Borrower fails to pay any amount payable by it under the Contract (other than any interest amount or any Remuneration Paymentamount) payable by it under this Contract on its due date, interest shall accrue on any such overdue amount (other than any interest amount) from the due date to the date of actual payment at an annual rate equal to:

Appears in 1 contract

Samples: Immunic, Inc.

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