Updating of SELLER’s Debt to BUYER in relation to the Advance Payment. The balance of SELLER’s debt to BUYER in relation to the Advance Payment shall be subject to the levying of interest charges, determined on the basis of an interest rate of [•] per annum, calculated on a monthly pro rata basis.
Appears in 2 contracts
Samples: Ore Supply Contract (National Steel Co), National Steel Co
Updating of SELLER’s Debt to BUYER in relation to the Advance Payment. The balance of SELLER’s debt to BUYER in relation to the Advance Payment shall be subject to the levying of interest charges, determined on the basis of an interest rate of [•] •]% per annum, calculated on a monthly pro rata basis.
Appears in 1 contract
Updating of SELLER’s Debt to BUYER in relation to the Advance Payment. The balance of SELLER’s debt to BUYER in relation to the Advance Payment shall be subject to the levying of interest charges, determined on the basis of an interest rate of [•]% [•] per annum, calculated on a monthly pro rata basis.
Appears in 1 contract
Samples: National Steel Co
