Payment of Bond. (1) The Purchaser must pay the Vendor the Bond at Completion, in accordance with Clause 5.1.4
Payment of Bond. On execution hereof the Lessee shall as security for the due performance and observance of the covenants herein contained on its part pay to the Lessor a “Performance Bond” of the sum equal to 1 month rent. The bond shall be retained free of interest by the Lessor until the expiry of the term hereby granted when it shall be refunded Provided nevertheless that in the event the Lessor suffering loss by reason of default by the Lessee to observe the covenants herein on its part then the amount of such loss shall be deducted from the Bond and retained by the Lessor and the balance sum [if any] refunded to the Lessee on vacating the demised premises.
Payment of Bond. Issuer shall promptly pay the principal of, and interest and premium, if any, on the Bond in lawful money of the United States of America, in such amounts and on such dates as described in this Agreement and the Bond, without presentation or surrender. Issuer shall pay the Owner a charge on any delinquent payments in an amount sufficient to cover all additional costs and expenses incurred by Lender from such delinquent payment. In addition, Issuer shall pay a late charge of five percent (5.00%) on all delinquent payments of principal of and interest and premium, if any, on the Bond, and interest on said delinquent amounts from the date such amounts were due until paid at the rate of nine percent (9.00%) per annum or the maximum amount permitted by law, whichever is less.
Payment of Bond. The User must pay the Bond before the Commencement Date or any other date specified by LDC.
Payment of Bond. Issuer shall promptly pay the principal of, and interest and premium, if any, on the Bond, exclusively from legally available funds, in lawful money of the United States of America, in such amounts and on such dates as described in this Agreement and the Bond. Issuer and Purchaser acknowledge and agree that Paying Agent shall serve as Registrar of the Bond and that Issuer shall direct the Paying Agent to make payments directly to Bank as assignee of Purchaser. Paying Agent shall credit the account of Issuer for payments made on its books and records and shall make same available for Issuer or Purchaser, or its successors or assigns, upon the reasonable request thereof. Issuer shall pay a charge on any delinquent payments in an amount sufficient to cover all additional costs and expenses incurred by Bank due to such delinquent payment. In addition, Issuer shall pay a late charge of five cents per dollar or the highest amount permitted by applicable law, whichever is lower, on all delinquent payments of principal of and interest and premium, if any, on the Bond, from the date such amounts were due until paid at the Default Rate as described in Section 6.2.
Payment of Bond. The Customer shall pay the Bond to Panuku on the date specified in the Berth Rental Agreement, or if no such date has been entered, on the Commencement Date. The method of payment of the Bond will be at Xxxxxx’s sole discretion. The Bond will be held by Panuku in its bond holding account. Any interest earned will be for the credit of Xxxxxx.
Payment of Bond. The Customer shall pay the Bond to Eke Panuku on the date specified in the Berth Rental Agreement, or if no such date has been entered, on the Commencement Date. The method of payment of the Bond will be at Eke Panuku’s sole discretion. The Bond will be held by Eke Panuku in its bond holding account. Any interest earned will be for the credit of Xxx Xxxxxx.
