Common use of Interest on Overdue Payments Clause in Contracts

Interest on Overdue Payments. Payments of any Fundamental Change Repurchase Price, Redemption Price, principal and interest that are not made when due will accrue interest per annum at the then-applicable interest rate from the required payment date.

Appears in 5 contracts

Sources: Indenture (Redwood Trust Inc), Indenture (Redwood Trust Inc), First Supplemental Indenture (Chimera Investment Corp)

Interest on Overdue Payments. Payments of any Fundamental Change Repurchase Price, Redemption Price, principal and interest that are not made when due will accrue interest per annum at the then-applicable interest rate from the required payment date.

Appears in 3 contracts

Sources: Sixth Supplemental Indenture (Redwood Trust Inc), Fifth Supplemental Indenture (Redwood Trust Inc), Fourth Supplemental Indenture (Redwood Trust Inc)

Interest on Overdue Payments. Payments of any Fundamental Change Repurchase Price, Redemption Price, principal and interest (including Additional Interest) that are not made when due will accrue interest per annum at the then-applicable interest rate from the required payment date.

Appears in 2 contracts

Sources: Second Supplemental Indenture (Intermune Inc), First Supplemental Indenture (Intermune Inc)

Interest on Overdue Payments. Payments of any Fundamental Change Repurchase Price, Redemption Price, principal and interest (including Additional Interest) that are not made when due will accrue interest per annum at the then-applicable interest rate from the required payment date.

Appears in 2 contracts

Sources: Indenture (Redwood Trust Inc), First Supplemental Indenture (Redwood Trust Inc)

Interest on Overdue Payments. Payments of any Redemption Price, Fundamental Change Repurchase Price, Redemption Price, principal and interest (including Additional Interest) that are not made when due will accrue interest per annum at the then-applicable interest rate from the required payment date.

Appears in 1 contract

Sources: Indenture (Redwood Trust Inc)