Interest Settlement Clause Samples

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.

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 in this contract shall settle the interest in way (1): (1) The interest is settled quarterly. The 20th day of the last month of each quarter is the interest settlement day, and the 21st day is the interest payment day. (2) The interest is settled by month. The 20th day of each month is the interest settlement day, and the 21st day is the interest payment day. The borrower should pay off all the interest on the last repayment day regardless of whether that day is an interest payment 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. (2) The interest accrued on the Loan hereunder shall be settled in accordance with (i) of the following: (i) on a monthly basis and the interest settlement date shall be the 20th day of each month; (ii) on a quarterly basis and the interest settlement date shall be the 20th day of the last month of the relevant quarter; (iii) other method: .

Interest Settlement. Interest is paid monthly at the 20th of every month. Borrower should pay the interest at every interest settlement day.

Interest Settlement. The borrower shall settle the interest in the following way (1): (1) The quarterly settlement: the 20th of the end of each quarter as the settlement date, and the 21st is the payment date. (2) The monthly settlement: the 20th day of each month is the settlement date, and 21th is the payment date. If the last payment date of the loan principal is not on the payment date, the last payment date of the loan principal shall be the payment date, and the borrower shall pay all the interest payable. If the financial subsidy department of the guaranteed loans for entrepreneurship refuses to accept the application for financial subsidy for guaranteed loans for entrepreneurship submitted by the Borrower or the Lender entrusted by the Borrower, or the financial subsidy department of the guaranteed loans for entrepreneurship refuses to subsidize the interest rate, or the financial subsidy department of the guaranteed loans for entrepreneurship withdraws or stops to carry out the policy of subsidizing the interest rate, or the laws, regulations and supervisory provisions of the State and/or Beijing Municipality related to the financial subsidy for guaranteed loans for entrepreneurship In the event that the Lender is unable to obtain the financial interest subsidy funds for guaranteed loans for entrepreneurship as a result of changes in the laws, regulations and supervision regulations, the Borrower shall bear the interest on the loan at the total interest rate of the Business and transfer the interest owed to the repayment account designated by the Lender before the next interest payment date.

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. (II) The interest of the loan under this Contract shall be settled according to the following 1st method: 1. The interest shall be settled on a monthly basis, i.e., on the 20th day of each month; 2. The interest shall be settled on a quarterly basis, i.e., on the 20th day of each quarter; 3. This column is left blank.

Interest Settlement. (1) Interest settlement of the loan under the Contract under the “non-pay-as-you-go” mode ① The interest of the loan shall be calculated from the actual withdrawal date, and the calculation formula of interest payable by Party A for the loan hereunder is: Party A’s interest payable=actual loan balance× actual days of interest period ×annual interest rate/360 days. If the actual loan balance changes during the interest period, it shall be calculated by the actual number of days.

Interest Settlement. (I) For loans with fixed interest rate, the interest shall be calculated at the agreed interest rate at the time of interest settlement. For loans with floating interest rate, interest shall be calculated according to the interest rate determined in the current period of each floating period; If there are multiple interest rate fluctuations in a single interest settlement period, the interest in each floating period shall be calculated first, and the interest in that interest settlement period shall be calculated by summing up the interest in each floating period on the expiry date for interest. (II) The interest of the loan under this Agreement shall be settled in the following method of item 1: 1. The interest shall be settled on a monthly basis, and the settlement date for interest shall be fixed as the 20th day of each month; 2. The interest shall be settled quarterly, and the expiry date for interest shall be fixed as the 20th day of the month at the end of each quarter; 3. 16