Late Payment Penalties Sample Clauses

Late Payment Penalties. Interest shall accrue on any late payment owed to CareFusion hereunder not made on the date such payment is due, including late payments or underpayments of Royalties at an interest rate equal to the lesser of **THE CONFIDENTIAL PORTION HAS BEEN SO OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND HAS BEEN FILED SEPARATELY WITH THE COMMISSION.** or the highest rate permissible by law, with such interest accruing from the date the payment was originally due, and any late payment pursuant to this Section shall be credited first to interest and then to any outstanding fees. This Section shall in no way limit any other rights and remedies available to CareFusion, whether arising under this Agreement or at law or in equity.
AutoNDA by SimpleDocs
Late Payment Penalties. Any amount not paid within the contractual deadlines will be immediately and automatically subject to late payment penalties at the rate of 3 % (three percent) per year. The present clause shall not impede the enforceability of the receivable resulting from this contract.
Late Payment Penalties. Interest shall accrue on any late payment of fees owed to the receiving Party not made on the date such payment is due, at an annual interest rate equal to the lesser of the Euribor 1 month fixed by the European Central Bank plus three percent (3%) or the highest rate permissible by law, with such interest accruing from the date the payment was originally due to the receiving Party, and any late payment pursuant to this Section shall be credited first to interest and then to any outstanding fees. This Section shall in no way limit any other rights and remedies available to the Party to whom payment is owed, whether arising under this Agreement or at law or in equity.
Late Payment Penalties. Rent and any other Tenant incurred charges appearing on the Landlord's monthly invoices are due and payable to the Landlord on the first day of each month. There will be a four (4) day grace period through the fifth (5th) day of the month for the payment of such due bills. However any such unpaid bills after said date will be assessed at the late charge rate of 2% per month, computed from the first day of the month in which said xxxx is due, to the date of payment to the Landlord. This late charge shall be cumulative and be deemed an additive to the rent for the month such due xxxx is issued. Tenant's postdated check will be considered subject to the above assessment if the check date exceeds the above stated payment deadline. In the event a Tenant check fails bank clearance for any reason, the Landlord shall charge the Tenant with a $20.00 penalty fee to cover bank and administrative costs. If the Tenant fails to correct this deficiency and has not paid the Landlord the monies due by the tenth day of the month, then the late charge as set forth above shall be applicable. The Landlord's failure to demand or collect said late charges shall in no way be deemed a waiver of any right thereto or any other rights or remedies that the Landlord may have under the terms of this lease, by summary proceedings or otherwise.
Late Payment Penalties. No payment required to be made shall be considered late until thirty (30) days after the date due. Interest shall accrue on any late payment owed to the Party receiving such payment hereunder not made within thirty (30) days of the date such payment is due, at an annual interest rate equal to the average of interbank offered rates for six month U.S. dollar-denominated deposits in the London market (“LIBOR”), as published in The Wall Street Journal at the time of default, plus 200 basis points, with such interest accruing from the date thirty-one (31) days after the payment was originally due, and any late payment pursuant […*…] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 OF THE SECURITIES ACT OF 1933, AS AMENDED. to this Section shall be credited first to interest and then to any outstanding fees. Penal interest shall be subject to any applicable Indian law on remittance of penal interest.
Late Payment Penalties. All Royalties, System Contributions, amounts due for purchases by you from us, and any interest accrued thereon, and any other amounts which you owe us, or our affiliates, are subject to a late payment fee of $250 for payment or report received by us 5 days after its due date. The late payment fee is due immediately on any delinquent payments and for dishonored checks. The provision in this Agreement concerning late payment fees does not mean that we accept or condone late payments, nor does it indicate that we are willing to extend credit to, or otherwise finance, the operation of your Restaurant. In the event that you are delinquent in providing payment or reports during any 2 or more Accounting Periods, we may require you to pay all amounts due us by electronic transfer or cashier’s check.
Late Payment Penalties. In addition to other remedies set forth herein, if Customer fails to pay any undisputed amount on or before the Due Date, CUA may charge interest on the unpaid balance from the Due Date until the date paid at the nominal rate of 1.5% per month (or the highest rate permitted by law), compounded daily, or the highest rate permitted by applicable law, whichever is lower. CUA also may net or set-off amounts payable by CUA to Customer under this Agreement or otherwise against any unpaid balance if Customer fails to pay any amount, including any accrued interest, when due.
AutoNDA by SimpleDocs
Late Payment Penalties. If the Producer fails to pay any musician covered by this agreement within the time periods established by same, the following schedule of late penalty will become due and payable:
Late Payment Penalties. 4.1. Any invoice paid between the 31st and 50th day after the due date specified on the invoice shall be subject to a late payment penalty of 2% of the unpaid balance.
Late Payment Penalties. A late payment penalty shall be imposed if there remains an outstanding balance on any bill rendered under subsection (a) as of 12:00 noon on the sixth (6th) calendar day after the due date of that bill. The amount of the late payment penalty is fifteen percent (15%) of the outstanding balance on the bill (including amounts originally billed Ch. 67 MUNICIPAL SOLID WASTE, RECYCLABLES, AND OTHER REFUSE 67-19 for previous quarters that remain unpaid, and unpaid late payment penalties) as of the time the penalty is imposed.
Time is Money Join Law Insider Premium to draft better contracts faster.