Interest Waiver. Contractor hereby waives any and all claims or rights to interest on money claimed to be due pursuant to this CONTRACT, and all such rights to interest to which it may otherwise be entitled pursuant to law, including, but not limited to, pursuant to the Local Government Prompt Payment Act, (50 ILCS 505/1, et seq.), as amended or the Illinois Interest Act (815 ILCS 205/1, et.seq).as amended.
Interest Waiver. By electing to participate in the Plan and agreeing to the Enrollment Form Agreement, you unambiguously consent to waive your right to any interest arising in relation to the payroll deductions taken from your Eligible Compensation in connection with your participation in the Plan.
Interest Waiver. Pursuant to the terms of the 2020 CB and the 2022 CB, the 2020 CB and the 2022 CB are subject to an overdue interest rate of 8% per annum from their respective interest due dates of 30 December 2022 and 10 June 2023 until settlement of the Payment Obligations. Based on arm’s length negotiations between Suntrust and SA Investments regarding the set-off of the Indebted Amount with the Subscription Price up to the Maximum Set-Off Amount, SA Investments agreed to calculate the accrued interest based on the non-overdue interest rate of 6% per annum, thereby waiving the extra 2% interest per annum under the overdue interest rate of the 2020 CB and the 2022 CB already accrued and to be accrued until Completion. Assuming no settlement of the Payment Obligations prior to the Completion Date (Expected), the sums of the interest forfeited under the Interest Waiver up to the Completion Date (Expected) under the 2020 CB and the 2022 CB are approximately PHP 149.8 million (equivalent to approximately HK$21.4 million) and approximately PHP 114.3 million (equivalent to approximately HK$16.3 million) respectively. The New CB Subscription Agreement Principal terms of the New CB Subscription Agreement are set out below: Date : 26 July 2023 (after trading hours of the Stock Exchange) Parties : (i) Suntrust (as issuer); and
Interest Waiver. Consultant hereby waives any and all claims or rights to interest on money claimed to be due pursuant to this Agreement, and all such rights to interest to which it may otherwise be entitled pursuant to law, including, but not limited to, pursuant to the Local Government Prompt Payment Act, (50 ILCS 505/1 et seq.) as amended or the Illinois Interest Act (815 ILCS 205/1, et seq.) as amended.
Interest Waiver. 9.1 The Parties recognize and agree that the receipt and payment of interest is not permitted under Xxxxxxx and accordingly agree that if any claims for amounts due under this Agreement to or from either Party are made in a court of law and that court, by applying the laws and regulations of its legal system, imposes an obligation to pay interest on the amounts being claimed, the Parties irrevocably and unconditionally expressly waive and reject any entitlement to recover such interest. SIGNED by the Parties or their duly authorized representatives. For and on behalf of Al Hilal Islamic Bank JSC Authorized Signature : Authorized Signature : Name : Name : Title : Title : Date : Date : for and on behalf of CUSTOMER Authorized Signature : Authorized Signature : Name : Name : Title : Title : Date : Date : WAKIL OFFER THE FIRST SCHEDULE Form of Wakil Offer and Muwakkil Acceptance WAKIL OFFER Date:
Interest Waiver. By enrolling in the Plan and accepting the terms of the Subscription Agreement, including Appendix A, I consent to waive my right to any interest arising in relation to the payroll deductions/contributions taken from my Compensation in connection with my participation in the Plan. Notifications
