No Interest Payable Sample Clauses

No Interest Payable. No interest shall be payable to the Contractor on any payment due or awarded by any authority.
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No Interest Payable. No Member shall receive any interest on any of its Capital Contributions except for such Member’s Operating Return.
No Interest Payable. No interest shall accrue on or be paid with respect to any portion of any payments hereunder.
No Interest Payable. No interest is payable on any payment to the Contractor under this Agreement.
No Interest Payable. No Partner shall be entitled to receive interest on the amount of its Capital Account or any balance in its Current Account from the Partnership and no Partner shall be liable to pay interest to the Partnership on any negative balance in its Capital Account or on any negative balance in its Current Account. No Partner shall be entitled to withdraw any funds from the Capital Account or Current Account maintained for such Partner except in compliance with this Agreement.
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No Interest Payable. The parties intend and agree that no interest will be payable or receivable under or in connection with this Agreement, and in the event that as a result of any arbitral or judicial award or by operation of any applicable law or otherwise it is determined that any interest is payable in connection with this Agreement, each party agrees to waive any rights it may have to claim or receive such interest and agrees that if any such interest is actually received by it, it shall donate the same to a registered, or otherwise officially recognised, charitable organisation selected by it and whose name shall be disclosed by it to the other party.
No Interest Payable. No Partner shall receive any interest or preferred return on its contributions to the capital of the Partnership, nor any credit balance in such Partner’s Capital Account, except as may be otherwise provided herein.
No Interest Payable. No interest shall be payable on any Security.
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