Costs and Interest Clause Samples

Costs and Interest. You will be liable for any loss or damages resulting from your breach of this Agreement or to which your negligence contributed. You will also be liable for any loss or damages resulting from unauthorized, fraudulent, or dishonest acts by any current or former Cardholder or any of your current or former officers, employees, agents or representatives. In the event we take any legal action under this Agreement, in addition to or instead of arbitration proceedings, to collect overdrafts on the account, or any other amounts you owe us, or because you break any other promise under this Agreement, or if we become involved in any other litigation or proceeding initiated by a third-party, including but not limited to our responding to an attachment, garnishment or levy with respect to the Account, you agree to reimburse us for any costs and expenses we incur, including, but not limited to, our reasonable attorneys’ fees, together with interest at the maximum interest rate allowed by law, and you further agree that we may charge those amounts against the Account without prior notice to you.

Costs and Interest. 8.1 Each of the parties shall be responsible for its own costs, charges and expenses (including taxation) incurred in connection with negotiating, preparing and implementing this Agreement and the transactions contemplated by it.

Costs and Interest. 7.1 Each of the Parties shall be responsible for its own costs, charges and expenses (including taxation) incurred in connection with negotiating, preparing and implementing this Agreement and the transactions contemplated by it. 7.2 The Company shall reimburse additional expenses of Olayan in the amount equal to $2,400,000, either by wire transfer of immediately available funds or through the issuance to Olayan or its designated Affiliate of an equivalent amount in Common Shares valued at $11.244 per share, in the sole discretion of the Company.

Costs and Interest. All costs, expenses and expenditures of the Landlord, incurred upon any default by the Tenant hereunder, including, without limitation, the legal costs incurred by the Landlord on an indemnification basis as between solicitor and his own client shall, forthwith on demand, be paid by the Tenant to the Landlord as Additional Rent. All rent and other sums due to the Landlord pursuant to the terms of this Lease shall be paid by the Tenant promptly when due, and if not so paid, shall bear interest from their respective due dates at the rate of five (5%) per cent per annum above the then existing Bank of Canada Prime Rate, both before and after default, demand and judgment.

Costs and Interest. All costs, expenses and expenditures of the Lessor, incurred upon any default by the Lessee hereunder, including, without limitation, the legal costs incurred by the Lessor on an indemnification basis as between solicitor and his own client shall, forthwith on demand, be paid by the Lessee to the Lessor as Additional Rent. All rent and other sums due to the Lessor pursuant to the terms of this Lease shall be paid by the Lessee promptly when due, and if not so paid, shall bear interest from their respective due dates at the rate of eighteen (18%) per cent per annum, both before and after default, demand and judgment.

Costs and Interest. Whitehall will pay all costs and expenses (including reasonable fees and disbursements of legal counsel) incurred by Seller and its affiliates to enforce Section 4 of this Amendment. If Whitehall fails to pay the Transferred Amount on February 11, 2008 as provided in Section 4 above, then such Transferred Amount shall accrue interest at the rate of 24% per annum (or if lower, then the highest amount permitted by law) until the date the Transferred Amount and all such interest is paid to Seller.

Costs and Interest. In the event that any legal proceeding is brought by Sublessor or Sublessee against the other party hereto with respect to any breach by such other party of its obligations under this Sublease, the prevailing party in such legal proceeding shall be entitled to recover reasonable costs and attorneys' fees incurred by it with respect to such proceeding in addition to damages and other relief available at law and/or in equity. If Sublessee shall fail to perform any of the obligations to be performed by Sublessee under the Sublease, Sublessor, without being under any obligation to do so and without thereby waiving such default, may remedy such default for the account and at the expense of Sublessee, and, if Sublessor makes any expenditures or incurs any obligations for the payment of money in connection therewith, such sums paid or obligations incurred, with interest at the rate of twelve percent (12%) per annum, shall be paid to Sublessor by Sublessee as additional rent. Sublessor agrees with Sublessee that Sublessor shall during the term of the Sublease pay all rent and additional rent due by Sublessor to the Lessor under the Master Lease, and, if Sublessor shall fail to make any such payments to the Lessor, Sublessee, without being under any obligation to do so and without thereby waiving such default, may remedy such default for the account of Sublessor, unless such default by Sublessor is cured by Sublessor within twenty (20) days after notice thereof by Sublessee to Sublessor, by paying such amounts of rent or additional rent as are due by Sublessor to the Lessor under the Master Lease, and, if Sublessee makes any such payments which it is authorized to make as aforesaid, Sublessee shall then have the right to deduct a corresponding amount from base monthly rent thereafter due by Sublessee to Sublessor pursuant to this Sublease .

Costs and Interest. 21.1 Except as otherwise provided in this Agreement, each of the Shareholders shall be responsible for its own costs, charges and expenses (including Tax) incurred in connection with negotiating, preparing and implementing this Agreement and the transactions contemplated by it. 21.2 All payments between the parties under this Agreement shall be in Renminbi. Payments under this Clause 21 shall be in immediately available funds by electronic transfer on the due date for payment. Receipt of the amount due shall be an effective discharge of the relevant payment obligation. 21.3 If any party fails to pay any amount due and payable by it under this Agreement or under any judgment in connection with this Agreement, such party shall pay the party to whom the sum was due interest on any overdue amount at the higher of: (i) the Default Rate on the due date for payment; and (ii) the rate (if any) fixed or payable under any judgment in connection with this Agreement. 21.4 The interest payable under Clause 21.3: (i) accrues from day-to-day from (and including) the due date for payment up to (and including) the actual date of payment, before and, as an additional and independent obligation, after any judgment in connection with this Agreement; and (ii) may be compounded by the person to whom it is payable at quarterly intervals.

Costs and Interest. Unless otherwise agreed by the Parties in the additional agreement to this Agreement the interest rate (Interest rate) for the Loan is fixed and amounts to __.__ (_________________) % per annum. Interest is accruing on the outstanding amount of the Loan (Tranche) according to the method “Actual / 365”. Interest shall be calculated over a period calculated in days and equal to the number of days from the date of disbursement of the Loan (Tranche), including the day of disbursement (Disbursement Date), up to the date of return of the Loan (Tranche) by the Borrower, excluding the day of such return (Repayment Date). In the event that the Loan is given in Tranches, the interest shall be calculated as the sum of interest accrued on each amount of Tranche. Unless otherwise stipulated in the additional agreements to the present Agreement, the Borrower shall pay interest accrued on the principal amount of the Loan on or before the date stipulated in paragraph 7 of the present Agreement. In the event that the Borrower would return the Loan ahead the term, the Borrower it shall be obliged to pay the interest for the actual usage of the Loan together with the repayment of the Loan itself. CHAPTER IV.