Interest Settlement Sample Clauses

Interest Settlement. The interest rate shall be calculated and paid according to the fixed interest rate, and the 20th day of each month shall be the date for the settlement of interest.
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Interest Settlement. The borrower in this contract shall settle the interest in way (1):
Interest Settlement. (I) For the loan with a fixed interest rate, the interest shall be calculated and settled according to the agreed interest rate. For the loan with a floating interest rate, the interest shall be calculated according to the current interest rate determined in each floating period; In case of interest rate fluctuation for multiple times in a single interest settlement period, the interest in each floating period shall be calculated first, and the interest in this interest settlement period shall be calculated by totaling the interest in each floating period at the interest settlement date.
Interest Settlement. Interest of the Loan hereunder shall be settled on a quarterly (monthly/quarterly) basis and the date of interest settlement shall be the 20th day of each quarter’s final month (month/quarter’s final month). The Borrower shall pay interest on each date of interest settlement. If the final principal payment date of the Loan isn’t a date of interest settlement, the outstanding interest shall be paid in full together with the principal (daily interest rate = monthly interest rate/ 30).
Interest Settlement. Interest is paid monthly at the 20th of every month. Borrower should pay the interest at every interest settlement day.
Interest Settlement. (1) For a loan subject to a fixed interest rate, the interest accrued thereon shall be calculated in accordance with the agreed fixed interest rate. For a loan subject to a floating interest rate, the interest accrued thereon shall be calculated in accordance with the interest rate determined for each interest rate floating period. If the interest rate has been adjusted more than once during a single interest settlement period, the interest during each interest rate floating period shall be calculated first and the total interest accrued during such interest settlement period shall be the aggregate amount of all the interest accrued during each interest rate floating period within such interest settlement period.
Interest Settlement. The interest on the loan under this Agreement shall be settled on a Quarterly (Monthly/Quarterly) basis. The expiry date for interest shall be the 20th day of the last month of every quarter. The Borrower must pay the interest on the expiry date. If the last repayment date of the principal of the loan is not on the same day as the expiry date for interest, the outstanding interest shall be paid up with the principal (daily interest rate = monthly interest rate / 30).
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Interest Settlement. Party A shall pay the interest due to Party B on the settlement day. The initial interest payment day refers to the first day when the interest is settled. When the last repayment occurs, such interest shall be paid together with the principal.
Interest Settlement. The borrower shall settle the interest in the following way (1):
Interest Settlement. The interest of the loan under a loan contract shall be settled on a monthly basis on the 20th day of each month. Party A shall pay the interest on each interest settlement day. Should the last day of repayment of the principal of the loan is not an interest settlement day, the outstanding interest shall be paid together with the principal (daily interest rate = monthly interest rate/30).
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