Document ID: 11812

Text:
15.9| Sums that are payable under Clauses 15.3, 15.5 or 15.8 that are not timely paid shall accrue interest at the lesser of the English statutory rate or 8% per annum. In addition, in any action or proceeding to collect such sums, the obligation to pay attorneys fees shall be governed by the English Rule (i.e., loser pays). ---|---

Named Entities:
10
16
Regulation
18
20
Regulation
38
39
Percentage
67
68
Regulation

Tokenized Text:
15
.
9
|
Sums
that
are
payable
under
Clauses
15
.
3
,
15
.
5
or
15
.
8
that
are
not
timely
paid
shall
accrue
interest
at
the
lesser
of
the
English
statutory
rate
or
8
%
per
annum
.
In
addition
,
in
any
action
or
proceeding
to
collect
such
sums
,
the
obligation
to
pay
attorneys
fees
shall
be
governed
by
the
English
Rule
(
i
.
e
.
,
loser
pays
)
.
-
-
-
|
-
-
-