Payment and Interest Sample Clauses

Payment and Interest. The amount determined payable pursuant to the decision, less any portion already paid, normally should be paid without awaiting Contractor action concerning appeal. Such payments shall be without prejudice to the rights of either party. Interest on amounts ultimately determined to be due to a Contractor shall be payable at the Statutory rate applicable to judgments against the State under Chapter 662, HRS from the date of receipt of a properly certified final written statement of actual adjustment required until the date of decision; except, however, that if an action is initiated in circuit court, interest under this Section 7.25, DISPUTES AND CLAIMS (§3-126-31 HAR) shall only be calculated until the time such action is initiated. Interest on amounts due the Department from the Contractor shall be payable at the same rate from the date of issuance of the Project Manager’s notice to the Contractor. Where such payments are required to be returned by a subsequent decision, interest on such payments shall be paid at the statutory rate from the date of payment.
AutoNDA by SimpleDocs
Payment and Interest. Except as specified herein, all Losses (other than Taxes) will bear interest at a rate per annum, calculated and payable monthly, equal to the Prime Rate from and including the date the Indemnified Party disbursed funds or suffered or incurred a Loss to, but excluding, the day of payment by the Indemnifying Party to the Indemnified Party, with interest on overdue interest at the same rate. All Losses that are Taxes will bear interest at a rate per annum, calculated and payable monthly, equal to the Prime Rate from and including the date the Indemnified Party paid such Taxes to, but excluding, the day of payment by the Indemnifying Party to the Indemnified Party of the Indemnity Payment in respect of such Taxes, with interest on overdue interest at the same rate.
Payment and Interest. All amounts to be paid by an Indemnifier hereunder shall bear interest at a rate per annum equal to the Bank Rate, calculated annually and payable monthly, both before and after judgment, from the date that the Indemnified Party disbursed funds, suffered damages or losses or incurred a loss, liability or expense in respect of a Loss for which the Indemnifier is liable to make payment pursuant to this Article 12, to the date of payment by the Indemnifier to the Indemnified Party.
Payment and Interest. Upon each voluntary prepayment of this Note, in whole or in part, the Company will pay to the Noteholder the amount of this Note to be prepaid, as set forth in the notice delivered pursuant to Section 3.5 hereof, together with unpaid interest in respect thereof accrued to and including the prepayment date.
Payment and Interest. The Company payment terms are net 30 days. The Customer shall make all payments due hereunder in accordance with the terms of this agreement and as stated on our invoices or other notices of terms, without any right of offset or retention and without regard to any agreement The Customer may have with other parties. If The Customer fails to pay in full the invoice amount when due, The Customer agrees to pay interest on the unpaid balance from the date when due until paid in full at the rate selected by The Company, not to exceed the lesser of 18% per annum or the highest lawful rate, specifically including post judgment. The Customer agrees to pay any and all costs and expenses incurred by The Company in collecting from The Customer any past due amounts, including but not limited to reasonable attorney fees, court costs and collection agency fees. The Company may suspend deliveries during any period when The Customer has overdue balances or evidence of a changed financial condition.
Payment and Interest. 4.1 The Client shall pay the amounts specified on the dates set out in and in accordance with the terms contained within the Agreement.
Payment and Interest. All Losses shall bear interest at a rate per annum equal to the Prime Rate, calculated and payable monthly, both before and after judgment, with interest on overdue interest at the same rate, from the date that the Indemnitee disbursed funds, suffered damages or losses or incurred a loss, liability or expense in respect of a Loss, to the date of payment by the Indemnitor to the Indemnitee.
AutoNDA by SimpleDocs
Payment and Interest. 8.3.1 Any payment to be made pursuant to Clauses 8.1 or 8.2 shall:
Payment and Interest. 1. Interest on the principal amount of the Overdrah and on all outstanding interest and costs, fees and expenses payable by the Borrower under this Agreement shall be charged and paid at the rate specified above, before and xxxx demand, default and judgment.
Payment and Interest. 54 12.7 Interest on Roll-Over Incentive Amounts................................................. 55 12.8 Security for Performance Incentive Payments............................................. 56 12.9 Exclusive Remedy........................................................................ 57 13. CORRECTIVE MEASURES IN UNLAUNCHED SATELLITES AND OTHER DELIVERABLE ITEMS........................ 58 13.1
Time is Money Join Law Insider Premium to draft better contracts faster.