Common use of Automatic Payment, Late Charges Clause in Contracts

Automatic Payment, Late Charges. In addition to the other amounts you agree to pay in this Power Purchase Agreement, you agree to pay the following: (i) [[Product Change Fee: if after you sign this Power Purchase Agreement, but before we begin installation, you decide you would prefer an alternative [Provider] product (a [name of alternative product], or a prepaid PPA, etc.) you will pay a [$250] change fee;]] (ii) [[Automatic Payment Discount: All prices include a [$7.50] monthly discount for using automatic payment. You will not receive a [$7.50[ monthly discount if you do not make automatic Monthly Payments through your checking or savings account;]] (iii) [[Returned Check Fee: [$25] (or such lower amount as required by law) for any check or withdrawal right that is returned or refused by your bank; and]] (iv) [[Late Payments: accrue interest at the lesser of twelve percent [(12%)] annually or the maximum allowable percentage by applicable law.]]

Automatic Payment, Late Charges. In addition to the other amounts you agree to pay in this Power Purchase Agreement, you agree to pay the following: (i) : [[Product Change Fee: if after you sign this Power Purchase Agreement, but before we begin installation, you decide you would prefer an alternative [Provider] product (a [name of alternative product], or a prepaid PPA, etc.) you will pay a [$250] change fee;]] (ii) ] [[Automatic Payment Discount: All prices include a [$7.50] monthly discount for using automatic payment. You will not receive a [$7.50[ monthly discount if you do not make automatic Monthly Payments through your checking or savings account;]] (iii) ] [[Returned Check Fee: [$25] (or such lower amount as required by law) for any check or withdrawal right that is returned or refused by your bank; and]] (iv) ] [[Late Payments: accrue interest at the lesser of twelve percent [(12%)] annually or the maximum allowable percentage by applicable law.]]