Common use of Rate of Interest Clause in Contracts

Rate of Interest. In any instance where the prohibition or limitations of Section 8.17.1 are determined to be invalid or unenforceable, the annual rate of interest payable by CITY under this Agreement, whether as prejudgment interest or for any other purpose, shall be .025 percent simple interest (uncompounded).

Appears in 25 contracts

Sources: Uniform Purchase Agreement, Consulting Agreement, Invitation to Bid

Rate of Interest. In any instance where the prohibition or limitations of Section 8.17.1 9.18.1 are determined to be invalid or unenforceable, the annual rate of interest payable by CITY COUNTY under this Agreement, whether as prejudgment interest or for any other purpose, shall be .025 percent simple interest (uncompounded).

Appears in 5 contracts

Sources: Federal Legislative and Executive Branch Representation Agreement, Federal Legislative and Executive Branch Representation Agreement, Lobbying Services Agreement

Rate of Interest. In any instance where the prohibition or limitations of Section 8.17.1 8.18.1 are determined to be invalid or unenforceable, the annual rate of interest payable by CITY the AUTHORITY under this Agreement, whether as prejudgment interest or for any other purpose, shall be .025 percent simple interest (uncompounded).

Appears in 2 contracts

Sources: General Counsel Services Agreement, General Counsel Agreement

Rate of Interest. In any instance where the prohibition or limitations of Section 8.17.1 12.19.1 are determined to be invalid or unenforceable, the annual rate of interest payable by CITY COUNTY under this Agreement, whether as prejudgment interest or for any other purpose, shall be .025 percent simple interest (uncompounded).

Appears in 2 contracts

Sources: Interlocal Agreement, Interlocal Agreement

Rate of Interest. In any instance where the prohibition or limitations of Section 8.17.1 9.16.1 are determined to be invalid or unenforceable, the annual rate of interest payable by CITY either party under this Agreement, whether as prejudgment interest or for any other purpose, shall be .025 percent simple interest (uncompounded).

Appears in 2 contracts

Sources: Interlocal Agreement, Interlocal Agreement

Rate of Interest. In any instance where the prohibition or limitations of Section Section 8.17.1 are determined to be invalid or unenforceable, the annual rate of interest payable by CITY under this Agreement, whether as prejudgment interest or for any other purpose, shall be .025 percent simple interest (uncompounded).

Appears in 1 contract

Sources: Franchise Agreement

Rate of Interest. In any instance where the prohibition or limitations of Section 8.17.1 13.19.1 are determined to be invalid or unenforceable, the annual rate of interest payable by CITY COUNTY under this Agreement, whether as prejudgment interest or for any other purpose, shall be .025 percent simple interest (uncompounded).

Appears in 1 contract

Sources: Operation and Management Agreement

Rate of Interest. In any instance where the prohibition or limitations of Section 8.17.1 7.18.1 are determined to be invalid or unenforceable, the annual rate of interest payable by CITY COUNTY under this Agreement, whether as prejudgment interest or for any other purpose, shall be .025 percent simple interest (uncompounded).

Appears in 1 contract

Sources: Pet License Sales Agreement

Rate of Interest. In any instance where the prohibition or limitations of Section 8.17.1 12.20.1 are determined to be invalid or unenforceable, the annual rate of interest payable by CITY COUNTY under this Agreement, whether as prejudgment interest or for any other purpose, shall be .025 percent simple interest (uncompounded).

Appears in 1 contract

Sources: Paratransit Rider’s Choice Pilot Program Agreement

Rate of Interest. In any instance where the prohibition or limitations of Section 8.17.1 12.24.1 are determined to be invalid or unenforceable, the annual rate of interest payable by CITY COUNTY under this Agreement, whether as prejudgment interest or for any other purpose, shall be .025 percent simple interest (uncompounded).

Appears in 1 contract

Sources: Construction Project Management Agreement

Rate of Interest. In any instance where the prohibition or limitations of Section 8.17.1 are determined to be invalid or unenforceable, the annual rate of interest payable by CITY City under this Agreement, whether as prejudgment interest or for any other purpose, shall be .025 percent simple interest (uncompounded).

Appears in 1 contract

Sources: Construction Agreement

Rate of Interest. In any instance where the prohibition or limitations of Section 8.17.1 12.14.1 are determined to be invalid or unenforceable, the annual rate of interest payable by CITY COUNTY under this Agreement, whether as prejudgment interest or for any other purpose, shall be .025 percent simple interest (uncompounded).

Appears in 1 contract

Sources: Subrecipient Agreement

Rate of Interest. In any instance where the prohibition or limitations of Section 8.17.1 14.21.1 are determined to be invalid or unenforceable, the annual rate of interest payable by CITY COUNTY under this Agreement, whether as prejudgment interest or for any other purpose, shall be .025 percent simple interest (uncompounded).

Appears in 1 contract

Sources: Security Officer Services Agreement

Rate of Interest. In any instance where the prohibition or limitations of Section 8.17.1 Article 10.30.1 are determined to be invalid or unenforceable, the annual rate of interest payable by CITY COUNTY under this Agreement, whether as prejudgment interest or for any other purpose, shall be .025 percent simple interest (uncompounded).

Appears in 1 contract

Sources: Airport Design Consultant Services Agreement

Rate of Interest. In any instance where the prohibition or limitations of Section 8.17.1 9.21.1 are determined to be invalid or unenforceable, the annual rate of interest payable by CITY City under this Agreement, whether as prejudgment interest or for any other purpose, shall be .025 percent simple interest (uncompounded).

Appears in 1 contract

Sources: Emergency Debris Removal Monitoring Services Agreement

Rate of Interest. In any instance where the prohibition or limitations of Section 8.17.1 are determined to be invalid or unenforceable, the annual rate of interest payable by CITY COUNTY under this Agreement, whether as prejudgment interest or for any other purpose, shall be .025 percent simple interest (uncompounded).

Appears in 1 contract

Sources: Interlocal Agreement

Rate of Interest. In any instance where the prohibition or limitations of Section 8.17.1 are determined to be invalid or unenforceable, the annual rate of interest payable by CITY CITY/HBCRA under this Agreement, whether as prejudgment interest or for any other purpose, shall be .025 percent simple interest (uncompounded).

Appears in 1 contract

Sources: Grant Monitoring Services Agreement

Rate of Interest. In any instance where the prohibition or limitations of Section 8.17.1 12.21.1 are determined to be invalid or unenforceable, the annual rate of interest payable by CITY COUNTY under this Agreement, whether as prejudgment interest or for any other purpose, shall be .025 percent simple interest (uncompounded).

Appears in 1 contract

Sources: Pharmacy Benefit Management Services Agreement