THE FIRST SCHEDULE. The liquidated damages for which the Student and the Sureties shall be jointly and severally liable under Clauses 3(1) (a) to 3(1) (m) and 4 of this Agreement shall be the total amount of the Grant granted to the Student by the Government, plus interest thereon at the rate of 10% per annum. In respect of each amount of the aforementioned monies, the said interest shall:
Appears in 2 contracts
Sources: Student Enrollment Agreement, Grant Agreement