Interest Settlement Method Sample Clauses

Interest Settlement Method. The Borrower will settle the interest in a method as described in following Item (2) :

Interest Settlement Method. The Borrower shall settle interest using the following method (1): (1) Quarterly settlement: the 20th of the last month of each quarter is the settlement date, and the 21st is the interest payment date. (2) Monthly settlement: the 20th of each month is the settlement date, and the 21st is the interest payment date. If the last repayment date of the loan principal is not an interest payment date, the last repayment date of the loan principal shall be the interest payment date, and the Borrower shall pay all accrued interest.

Interest Settlement Method. 2.1 The interest is settled monthly, with the 20th of each month is the settlement date and the 21st of each month is the interest payment date. 2.2 If the last repayment installment for the loan principal is not on the interest payment date, then the last repayment date of the loan principal shall be the interest payment date and Party B must pay off all interest on that date. When the loan matures, the interest must be paid off with the principal. If the loan maturity date is a statutory holiday or a public weekend day, and the loan must be repaid on the last business day before such statutory holiday or a public weekend day, the interest shall be charged according to the provisions herein, but the interest for the days between the maturity date and the repayment date based on the interest calculation method must be deducted; if the loan is repaid on the first business day after such statutory holiday or a public weekend day, the interest for the days between the maturity date and the repayment date based on the interest calculation method must be added. If the loan is not repaid on the first business day after such statutory holiday or a public weekend day, the interest shall be charged at the past due rate starting from that day.

Interest Settlement Method. The interest shall be paid on monthly basis, the 20th day of each month is the expiry date for interest and the 21st day of each month is the interest payment date. In case the last payment date for the principal is not on the interest settlement date, the principal payment date shall be the interest settlement date. The borrower shall pay off all the interest on that day.

Interest Settlement Method. A. The interest of the entrusted loan shall be settled in accordance with the second method: (1) The interest and principal of the loan shall be repaid on a one-time basis on the due date. (2) The interest shall be settled monthly, the interest settlement date shall be set at the 20th each month, and the interest payment date be the 21th of the same month. (3) The interest shall be settled quarterly of the year, the interest settlement date shall be set at the 20th of the last month each quarter, and the interest payment date be the 21st of the same month. (4) other method： B. In the event that the payment date falls on the holidays or public holidays, the repayment of principal and interest of the loan can be postponed to the first bank business day after the public holiday. And in the event that the repayment of the interest of the current period is not made on the first bank business day after the public holiday, it shall then be deemed as overdue interest and be calculated in accordance with the compound interest stipulated in this agreement. C. In the event that the repayment date of the last installment of the principal does not fall on the interest payment date, then the repayment date of the last installment of the principal shall be deemed as the interest payment date, and the borrower shall pay off the interest owned in full, that is the interest shall be paid off together with the principal. If the maturity date of the loan falls on the holidays or public holidays, and is paid off on the last bank business day before the public holiday, then the interest shall be calculated in accordance with the rate stipulated in the agreement, and the interest of the days between the actual pay-off date and the maturity date shall be deducted based on the calculation in accordance with the interest rate stipulated in the agreement. If, however, the loan is paid off on the first bank business day after the public holiday, then the interest of the days between the actual pay-off date and the maturity date shall be added based on the calculation in accordance with the interest rate stipulated in the agreement. Whereas the loan is not paid off on the first bank business day after the public holiday, it shall then be deemed as overdue interest and calculated from the first bank business day after the public holiday.

Interest Settlement Method. ☑ The interest shall be settled on the 20th day of each month. ☒ The interest shall be settled monthly, and the interest settlement date shall be the 15th day of each month. ☒ Interest shall be settled quarterly on the 20th day of the last month of each quarter. Profit follows the original Qing Dynasty ☒ Others:/

Interest Settlement Method. The Borrower shall settle interest in accordance with the following Method 2: (1) Quarterly interest settlement: The 20th day of the last month of each quarter shall be the interest settlement date, and the 21st day shall be the interest payment date. (2) Monthly interest settlement: The 20th day of each month shall be the interest settlement date, and the 21st day shall be the interest payment date.

Interest Settlement Method. The Debtor shall follow the (1) method below: (1) On a quarterly basis: Interest shall be settled on 20th of the last month of each quarter and paid on 21st. (2) On a monthly basis: Interest shall be settled on 20th of each month and paid on 21st. If principal payment of the last installment is not on the date of interest payment, then the Debtor shall pay off all the payable interest on the date on which the principal payment of last installment shall be effected.

Interest Settlement Method. Interest on the loan under this Agreement shall be settled in accordance with Method 4.4.1 below: 4.4.1 Quarterly settlement: the 20th of the last month of each quarter is the settlement date and the 21st is the interest payment date. If the 21st falls on a statutory holiday (e.g., Saturday, Sunday) or a statutory public holiday (e.g., Spring Festival, National Day), the payment date shall be postponed to the first working day after such holiday.