Overdue Rate. All sums payable by the Trustee under clause 12.3 shall be payable by the Trustee on the next Payment Date in the order set out in the Series Notice or (if applicable) the Security Trust Deed and shall carry interest at the rate of LIBOR from the due date. Any amount payable shall carry interest at that rate from the due date to the date of actual payment.
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Sources: Note Trust Deed (Westpac Securitisation Management Pty LTD), Note Trust Deed (Westpac Securitisation Management Pty LTD)
Overdue Rate. All sums payable by the Trustee under clause 12.3 clauses 12 and 34.8 shall be payable by the Trustee on the next Payment Date in the order set out in the Series Supplementary Terms Notice or (if applicable) the Security Trust Deed and shall carry interest at the rate of LIBOR plus 2% from the due date. Any amount payable shall carry interest at that rate from the due date to the date of actual payment.
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