PREJUDGMENT INTEREST. If Tenant violates this Lease Agreement and said violation results in a monetary loss to Landlord, then Landlord shall be entitled to prejudgment interest at the highest rate allowed by law, but in no event more than ten percent (10%) per annum, on the amount due Landlord, from the date the Landlord mails its written list of damages to Tenant.
PREJUDGMENT INTEREST. If Resident violates this Lease and said violation results in a monetary loss to Management, then Management shall be entitled to prejudgment interest at the highest rate allowed by law, but in no event more than ten percent (10%) per annum, on the amount due Management, from the date the Management mails its written list of damages to Resident.
PREJUDGMENT INTEREST. Seller shall be entitled to recover prejudgment interest on all amounts recovered in the amount of eight percent (8%) per annum.
PREJUDGMENT INTEREST. “We will pay damages for bodily injury . . . for which any insured becomes legally responsible because of an auto accident. Damages include prejudgment interest awarded against the insured.” Most attorneys would accurately suspect that an automobile liability insurer is responsible for interest on any judgment entered against its insured. The more nuanced question is whether interest is to be included within the limits of liability. Our Supreme Court has made clear that at least with respect to prejudgment interest, it is. Nationwide Mut. Ins. Co. x. Xxxx, 342 N.C. 482, 467 S.E.2d 34 (1996); see also Xxxxxxxxxx v. North Carolina Farm Bureau Mut. Ins. Co., 446 S.E.2d 614 (X.X.Xxx. 1994) (“we find that the policy at issue is not ambiguous, and we hold that the terms of the policy, as written, specifically exclude prejudgment interest in excess of the policy limit”). The result of these holdings is that if adding prejudgment interest to the verdict amount increases the total beyond the policy limit, the insurer is only going to be responsible for that portion of the prejudgment interest within the limits of the liability coverage.
PREJUDGMENT INTEREST. Xxxxxxx shall be entitled to recover prejudgment interest on all amounts recovered in the amount of ten (10%) percent per annum.
PREJUDGMENT INTEREST. If the services of an attorney are required by any party to secure the performance of this Agreement or otherwise upon the breach or default of another party to this Agreement, or if any judicial remedy or arbitration is necessary to enforce or interpret any provision of this Agreement or the rights and duties of any person in relation thereto, the prevailing party will be entitled to reasonable attorneys' fees, costs and other expenses, in addition to any other relief to which such party may be entitled. Any award of damages following judicial remedy or arbitration as a result of the breach of this Agreement or any of its provisions will include an award of prejudgment interest from the date of the breach at the court's or arbitrator's discretion, not to exceed 10%.
PREJUDGMENT INTEREST. In the event a claim for indemnification is made hereunder and such claim is disputed by the Indemnifying Party, if it is finally determined (by agreement among the parties or by arbitration as provided in Article XII) that such claim is an Indemnifiable Claim hereunder, the Indemnified Party shall be entitled to receive the amount of such claim, together with interest at 10% per annum from the date such claim was made on the Indemnifying Party until paid.
PREJUDGMENT INTEREST. In the event of a default by any party to this Agreement, to the extent that Paragraph 31 does not apply, the nondefaulting party shall be allowed to recover interest on all damages at the legal rate from the date of the breach.
PREJUDGMENT INTEREST. We’ll pay the interest that accumulates before a judgment and is awarded against the protected person on that part of a judgment we pay. But if we make a settlement offer to pay the available limit of coverage, we won’t pay the prejudgment interest that accumulates after the date of our offer.
PREJUDGMENT INTEREST. If the Company or, failing same, Icahn shall fail to pay Rattigan the consultixx xxxx or any other amounts to which Rattigan is entitled xxxxx xxis Agreement at the time when such amounts are due, in addition to any other remedies available to Rattigan with respect xx xxxx failure to pay such amounts, the Company and Icahn shall be obligated to pay Rattigan interest on xxxx xxxaid amounts until paid at the rate of 10% per annum or, if lower, the maximum rate permitted by applicable law.
