Examples of Overdue Payment Rate in a sentence
Any late payments shall be subject to interest at the Overdue Payment Rate.
All amounts due for payment by any Seller, Servicer or the Guarantor to the Administrative Agent and each Buyer pursuant to this Agreement shall accrue interest at the Overdue Payment Rate from the date on which payment thereof is due until the date on which payment thereof is made in accordance with the terms of this Agreement.
As a result, the costs of this final rule are substantially less than those of the proposed rule (from $519 million to $34.7 million).
The Lessee will also pay, on demand, as Supplemental Rent, to the extent permitted by Applicable Law, an amount equal to interest at the Overdue Payment Rate on any part of any installment of Basic Rent not paid when due for any period for which the same shall be overdue and on any payment of Supplemental Rent not paid when demanded or due for any period for which the same shall be overdue, in each case until the same shall have been paid in full.
XXXXXX agrees to indemnify Edgewater and its employees and affiliates for certain cost and expenses, including reasonable legal fees, in connection with claims or litigation relating to or based upon the negligence or willful misconduct of XXXXXX or its employees or affiliates.