Common use of Payment and Transfer of Interest Clause in Contracts

Payment and Transfer of Interest. Buyer shall pay interest on cash held as Project Development Security or Delivery Term Security, as applicable, at the Interest Rate. On or before each Interest Payment Date, Buyer shall transfer the Interest Amount due to Seller for such security in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in the Cover Sheet.

Appears in 9 contracts

Samples: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement, Power Purchase and Sale Agreement

AutoNDA by SimpleDocs

Payment and Transfer of Interest. Buyer shall pay interest on cash held as [Project Development Security Security] or Delivery Term Security, as applicable, at the Interest Rate. On or before each Rate and on the Interest Payment Date. All accrued interest on the unused [Project Development Security] or Delivery Term Security, Buyer if applicable, shall transfer the Interest Amount due be transferred to Seller for such security in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in the Cover Sheet.Appendix XI, (Notices List). [

Appears in 4 contracts

Samples: Consent and Agreement, Consent and Agreement, Consent and Agreement

Payment and Transfer of Interest. Buyer shall pay interest on cash held as Project Development Security or Delivery Term Security, Security as applicable, at the Interest Rate. On or before each Interest Payment Date, Buyer shall transfer the Interest Amount due to Seller for such security in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in the Cover SheetSection 10.7.

Appears in 3 contracts

Samples: Master Power Purchase and Sale Agreement, Master Power Purchase and Sale Agreement, Master Power Purchase and Sale Agreement

Payment and Transfer of Interest. Buyer shall pay interest on cash held as [Project Development Security Security] or Delivery Term Security, as applicable, at the Interest RateRate and on the date of returning [Project Development Security] or Delivery Term Security. On All accrued interest on the unused [Project Development Security] or before each Interest Payment Date, Buyer Delivery Term Security shall transfer the Interest Amount due be transferred to Seller for such security in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in the Cover Sheet.Appendix IV. [

Appears in 2 contracts

Samples: Consent and Agreement, Consent and Agreement

Payment and Transfer of Interest. Buyer shall pay interest on cash held as Project Development Security or Delivery Term Security, as applicable, at the Interest Rate. On or before each Interest Payment Date, Buyer shall transfer the Interest Amount due to Seller for such security in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in the Cover Sheet.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

AutoNDA by SimpleDocs

Payment and Transfer of Interest. Buyer shall pay interest on cash held as Project Development Security or Delivery Term Security, as applicable, at the Interest Rate. On or before each Rate and on the Interest Payment Date. All accrued interest on the unused Project Development Security or Delivery Term Security, Buyer if applicable, shall transfer the Interest Amount due be transferred to Seller for such security in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in the Cover SheetAppendix XI, (Notices List).

Appears in 1 contract

Samples: Power Purchase Agreement

Payment and Transfer of Interest. Buyer shall pay interest on cash held as [Project Development Security Security] or Delivery Term Security, as applicable, at the Interest Rate. On or before each Rate and on the Interest Payment Date. All accrued interest on the unused [Project Development Security] or Delivery Term Security, Buyer if applicable, shall transfer the Interest Amount due be transferred to Seller for such security in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in the Cover SheetAppendix XI, (“Notices List”).

Appears in 1 contract

Samples: Power Purchase Agreement

Payment and Transfer of Interest. Buyer shall pay interest on cash held as Project Development Security, Pre-Delivery Term Security or Delivery Term Security, as applicable, at the Interest Rate. On or before each Rate and on the Interest Payment Date. All accrued interest on the unused Project Development Security, Buyer Pre-Delivery Term Security or Delivery Term Security, if applicable, shall transfer the Interest Amount due be transferred to Seller for such security in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in the Cover SheetAppendix XI, (Notices List).

Appears in 1 contract

Samples: Power Purchase Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.