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Common use of Default Interest and Indemnity Clause in Contracts

Default Interest and Indemnity. 25 15. SET-OFF AND REDISTRIBUTION OF PAYMENTS . . . . . . . . . . . . . . . . . . . . 26 16.

Appears in 2 contracts

Sources: Facilities Agreement (Wavetek Wandel & Goltermann Inc), Facilities Agreement (Wavetek Wandel & Goltermann Inc)

Related Clauses

  • Default Interest
  • Payment of default interest on overdue amounts
  • Default Interest; Other Amounts
  • Default Interest Rate
  • Post-Default Interest

Parent Clauses

  • CITIBANK, N
  • Commerzbank International S
  • THE FINANCIAL
  • UBS (LUXEMBOURG) S
  • Interest

Sub-Clauses

  • DEFAULT INTEREST
  • PAYMENT OF DEFAULT INTEREST
  • BROKEN PERIODS
  • Default Loan Interest Periods
  • BORROWER'S INDEMNITY
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