Example ContractsClausesfailure to payIdentical
Failure to Pay
Failure to Pay contract clause examples

Failure to Pay. If any Secured Party fails to pay any amount when due by it to Agent pursuant to the terms hereof, such amount shall bear interest, from the due date until paid in full, at the rate determined by Agent as customary for interbank compensation for two Business Days and thereafter at the Default Rate for LIBOR Loans. In no event shall Borrowers be entitled to receive credit for any interest paid by a Secured Party to Agent, nor shall any Defaulting Lender be entitled to interest on any amounts held by Agent pursuant to Section 4.2.

Select Interior Concepts, Inc. (SIC) (CIK 0001723866)
Source: SEC EDGAR database • Date: September 6, 2018 • SIC: 1520 • CIK: 1520
Select Interior Concepts, Inc. (SIC) (CIK 0001723866)
Source: SEC EDGAR database • Date: March 19, 2020 • SIC: 1520 • CIK: 1520
Select Interior Concepts, Inc. (SIC) (CIK 0001723866)
Source: SEC EDGAR database • Date: August 21, 2019 • SIC: 1520 • CIK: 1520
Select Interior Concepts, Inc. (SIC) (CIK 0001723866)
Source: SEC EDGAR database • Date: April 13, 2020 • SIC: 1520 • CIK: 1520

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