Statutory Interest means statutory interest as defined in the Late Payment of Commercial Debts (Interest) Act 1998 as amended & supplemented by the Late Payment of Commercial Debts Regulations 2002.
Statutory Interest means interest carried by virtue of the term implied by section 1(1); and
Statutory Interest means any interest payable to a CVA Creditor pursuant to any relevant statutory provision (including, without limitation, the Judgments Act 1838, the Insolvency Act or the Insolvency Rules);
Examples of Statutory Interest in a sentence
Repayment must include Statutory Interest computed from the first day of the month following the overpayment.
Statutory Interest interest established pursuant to effective laws and regulations, the size whereof at the conclusion moment of the Agreement is 6% per annum, and which is calculated after the termination of the Agreement.
Statutory Interest interest established pursuant to effective laws and regulations, the size whereof at the conclusion moment of the Agreement is 6% per annum, and which is calculated and paid after the termination of the Agreement.
More Definitions of Statutory Interest
Statutory Interest means simple interest for late payment at a rate which is the sum of the reference rate, plus at least seven percentage points;
Statutory Interest means statutory interest as defined in the Late Payment of Commercial Debts (Interest) Act 1998
Statutory Interest in the Finnish legislation means both the interest rate that applies to an outstanding debt before the due date and penalty interest for late payments. Provisions on both types of statutory interest are laid down in the Interest Act (633/1982). The obligation to pay interest or penalty interest for late payments is determined under the Interest Act, unless otherwise follows from the obligation of the debtor or a business practice or unless otherwise provided by law (Interest Act, section 2, subsection 1).
Statutory Interest has the meaning provided in Exhibit Y.8.
Statutory Interest means simple interest for late payment at a rate which is
Statutory Interest means statutory interest as defined in the Late Payment of Commercial Debts (Interest) Xxx 0000.
Statutory Interest means the interest rate set by Florida Statute for judgments issued