Common use of Payment of accrued default interest Clause in Contracts

Payment of accrued default interest. Subject to the other provisions of this Agreement, any interest due under Clause 3.2 shall be payable on demand.

Appears in 5 contracts

Sources: Purchase, Sale and Contribution Agreement, Purchase, Sale and Contribution Agreement (Golar LNG Partners LP), Loan Agreement

Payment of accrued default interest. Subject to the other provisions of this Agreement, any interest due under this Clause 3.2 shall be payable paid on demand.

Appears in 4 contracts

Sources: Loan Agreement (Ultrapetrol Bahamas LTD), Loan Agreement (TBS International LTD), Loan Agreement (TBS International LTD)