Interest in Arrears. 22.1 Without derogating from the generality of the Lessor’s rights subject to this Agreement, or subject to the law, in any event in which the Lessee is late to make any payment payable to the Lessor, subject to this Agreement, the Lessee will be required to pay to the Lessor the sum in arrears plus interest according to the maximal rate used at the time by Israel Discount Bank Ltd., central branch Haifa, for an overdraft debit account (hereinafter referred to as: the “Interest”) or legal interest and Linkage Differentials thereon, all according to the highest sum and subject to the Lessor’s choice, and thus from the fourth late day until the date of payment de facto.
Interest in Arrears. 7.1. If the Borrower fails to repay any maturity payment including principal, interest and expenses in accordance with the stipulations in this Agreement, the Lender shall calculate and collect interests in arrears with respect to the part of payment in arrears starting from the date of payment (inclusive) to the date of actual date of payment (inclusive). The interest rate shall be the highest of the following: [***]
Interest in Arrears an interest according to the rate of the Index and with the addition of 1% (one out of a hundred) for every 30 days, calculated on daily basis.
Interest in Arrears. For any payment on account of the Principal and/or interest, which shall be paid in arrears exceeding seven (7) Business Days from the effective day for its payment according to the terms of the Debentures (Series C) for a reason dependent on the Company, the Company shall pay the Debenture Holders interest in arrears (calculated pro rata for the period after the date scheduled for payment until the actual date of payment). “Interest in Arrears” shall mean additional annual interest at a rate of 3.25% which shall be added to the interest rate which the Debentures (Series C) shall bear at that time. The Company shall notify of the rate of the interest in arrears and of the date of payment as mentioned in an Immediate Report and this two (2) Trading Days before the actual payment date.
Interest in Arrears. When dealing with Colombian pesos, it shall mean the rate for payment in arrears on the date the of the default; when dealing with Dollars of the United States of America, it shall mean the LIBOR (London Interbank Borrowing Offered Rate) prime rate on three-month term deposits in USA currency, plus four per cent (LIBOR plus 4%).
Interest in Arrears. Article 8.
Interest in Arrears. Should the Holder be late by more than seven days in remitting any payment to the Management Company, the Management Company shall provide the Holder written notice thereof. Should the Holder fail to remit payment within seven days from receiving the notice, the Holder shall be obligated to pay the Management Company interest in arrears for the arrears period, at the rate used by Bank Hapoalim for excessive and unauthorized withdrawals from debit accounts.
Interest in Arrears. For any payment on account of the Principal and/or interest, which shall be paid in arrears exceeding seven (7) Business Days from the effective day for its payment according to the terms of the Debentures (Series B) for a reason dependent on the Company, the Company shall pay the Debenture Holders interest in arrears (calculated pro rata for the period after the date scheduled for payment until the actual date of payment). “
Interest in Arrears unpaid amounts shall accrue interests in arrears at an interest rate equal to 1.5 times the annual compensatory interest, for each day, from the due date until de total payment. Notwithstanding the aforementioned, non fulfillment of two consecutive periods shall enable the Holder to convert the unpaid capital and interest balances in common shares of the issuer. “2007 – Year Dedicated to Road Safety”
