Notification of interest Sample Clauses

Notification of interest. The Facility Agent shall send to the Borrower a statement of the interest due for each Interest Period prior to the relevant Interest Payment Date. If a Utilisation is made upon or the Starting Date of Credit becomes known to the Facility Agent after such statement has been sent, the Facility Agent shall, where practicable, send to the Borrower a supplementary statement. The statement will be sent by fax no later than twenty (20) days prior to the relevant Interest Payment Date (and the supplementary statement will be sent by fax promptly upon becoming aware of the amount due) and will, in each case, be followed by delivery of the original statement all in accordance with Clause 30 (Notices/Communications). Notwithstanding the foregoing provisions of this Clause 8.4, any delay or failure by the Facility Agent to send a statement shall not affect the obligation of the Borrower to pay interest.
AutoNDA by SimpleDocs
Notification of interest. The Bank shall notify the Borrower promptly of the duration of each Interest Period and of each rate of interest determined by it under this Clause 3 without prejudice to the right of the Bank to make determination at its sole discretion. In the event that the Bank fails to notify the Borrower as above, such failure will not affect the validity of the determination of the Interest Period and the Interest Rate made pursuant to Clause 3.
Notification of interest. Interest on a Drawing is payable in immediately available funds. The Financier will notify the Obligors’ Agent of the interest rates determined under this agreement as soon as they are ascertained. Failure to do so will not affect the obligations of a Borrower in any way.
Notification of interest. Interest on a Drawing is payable in immediately available funds. The Financier will notify the Obligors' Agent of the interest rates determined under this agreement as soon as they are ascertained. Failure to do so will not affect the obligations of the Borrower in any way.
Notification of interest. The Bank shall notify the Borrowers promptly of the duration of each Interest Period and of each rate of interest determined by it under this Clause 3 without prejudice to the right of the Bank to make determinations at its sole discretion. In case that the Bank fails to notify the Borrowers as above, such failure will not affect the validity of the determination of the Interest Period and Interest Rate made pursuant to this Clause 3 and neither constitute nor will be interpreted as if to constitute a breach of obligation of the Bank except in case of wilful misconduct or gross negligence.
Notification of interest. No later than fourteen (14) days prior to each Interest Payment Date, the Covered Lenders Facility Agent shall:
Notification of interest. The Company has advised the Depositary and the parties to the Deposit Agreement acknowledge that, Belgian law and/or the Articles of Association of the Company, each as in effect on the date of the Deposit Agreement, provide that:
AutoNDA by SimpleDocs
Notification of interest. The provisions contained in Article II, Section 2.04 of the Supplemental Indenture concerning the notification of a Special Rate Period will be followed by the Auction Agent and Broker-Dealer, and the provisions contained therein are incorporated herein by reference in their entirety and shall be deemed to be a part of this Agreement to the same extent as if such provisions were set forth fully herein.
Notification of interest. Each Party shall, as soon as possible, but in all cases within [**] days after the Joint Executive Committee has approved the designation of a [**] or [**] as a Drug Development Candidate, provide written notification to the highest-titled representative of the other Party on the Joint Executive Committee concerning its interest in Developing such Drug Development Candidate and its DDC Family. Failure by a Party to provide written notification within such 30-day period shall be deemed to constitute an indication that such Party is not interested in Developing such Drug Development Candidate and its DDC Family.
Notification of interest. The Bank shall notify the Borrowers promptly of the duration of each Interest Period and of each rate of interest determined by it under this Clause 3. In case that the Bank fails to notify the Borrowers as above, such failure will not affect the validity of the determination of the Interest Period and Interest Rate made pursuant to Clause 3 and neither will constitute nor will be interpreted as if to constitute a breach of obligation of the Bank except in case of wilful misconduct.
Time is Money Join Law Insider Premium to draft better contracts faster.