Interest on Unpaid Amounts. The Sellers shall, to the extent permitted by law, pay interest on any amount not paid or deposited by any Seller or Servicer when due hereunder, at an interest rate equal to two and one-half percent (2.50%) per annum above the Base Rate, payable on demand.
Appears in 4 contracts
Sources: Receivables Purchase Agreement (Manitowoc Co Inc), Receivables Purchase Agreement (Manitowoc Co Inc), Receivables Purchase Agreement (Manitowoc Co Inc)
Interest on Unpaid Amounts. The Sellers Each of the Seller and the Servicer shall, to the extent permitted by lawApplicable Law, pay interest on any amount not paid or deposited by any Seller or Servicer it when due hereunder, at an interest rate per annum equal to two and one-half percent (2.50%) % per annum above the Base Rate, payable on demand.
Appears in 4 contracts
Sources: Receivables Purchase Agreement (Centric Brands Inc.), Receivables Purchase Agreement (Centric Brands Inc.), Receivables Purchase Agreement (Centric Brands Inc.)
Interest on Unpaid Amounts. The Sellers Each of the Borrower and the Servicer shall, to the extent permitted by lawApplicable Law, pay interest on any amount not paid or deposited by any Seller or Servicer it when due hereunder, at an interest rate per annum equal to two and one-half percent (2.50%) 2.00% per annum above the Base Rate, payable on demand.
Appears in 3 contracts
Sources: Receivables Financing Agreement (Oncor Electric Delivery Co LLC), Receivables Financing Agreement (Oncor Electric Delivery Co LLC), Receivables Financing Agreement (Oncor Electric Delivery Co LLC)
Interest on Unpaid Amounts. The Sellers Each of the Seller and the Master Servicer shall, to the extent permitted by lawApplicable Law, pay interest on any amount not paid or deposited by any Seller or Servicer it when due hereunder, at an interest rate per annum equal to two and one-half percent (2.50%) 2.00% per annum above the Alternative Base Rate, payable on demand.
Appears in 2 contracts
Sources: Receivables Purchase Agreement (Gray Media, Inc), Receivables Purchase Agreement (Gray Television Inc)
Interest on Unpaid Amounts. The Sellers Each of the Seller and the Servicer shall, to the extent permitted by lawApplicable Law, pay interest on any amount not paid or deposited by any Seller or Servicer it when due hereunder, at an interest rate per annum equal to two and one-half percent (2.50%) [***]% per annum above the Base Rate, payable on demand.
Appears in 1 contract
Sources: Receivables Purchase and Administration Agreement (Phreesia, Inc.)
Interest on Unpaid Amounts. The Sellers Seller shall, to the extent permitted by law, pay interest on any amount not paid or deposited by any the Seller or any Servicer when due hereunder, at an interest rate equal to two and one-half percent (2.50%) per annum above the Base Rate, payable on demand.
Appears in 1 contract
Sources: Receivables Purchase Agreement (Manitowoc Foodservice, Inc.)
Interest on Unpaid Amounts. The Sellers Each of the Seller and the Master Servicer shall, to the extent permitted by lawApplicable Law, pay interest on any amount not paid or deposited by any Seller or Servicer it when due hereunder, at an interest rate per annum equal to two and one-half percent (2.50%) % per annum above the Alternative Base Rate, payable on demand.
Appears in 1 contract
Sources: Receivables Purchase Agreement (Wolverine World Wide Inc /De/)
Interest on Unpaid Amounts. The Sellers Seller shall, to the extent permitted by law, pay interest on any amount not paid or deposited by any the Seller or Servicer when due hereunder, at an interest rate equal to two and one-half percent (2.50%) per annum above the Base Rate, payable on demand.
Appears in 1 contract