Charges for late payment Sample Clauses

Charges for late payment. 14.1 If you fail to pay the Licence Fee at the times and in the manner specified, the College is entitled:
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Charges for late payment. If the Tenant fails to pay within 14 days of the due date any amount of the Rent or other sum payable to the Landlord under this Tenancy agreement, the Tenant will be liable to a charge calculated at a rate equivalent to the payment that would have been payable multiplied by the interest at the rate of 3% above the Bank of England’s annual percentage rate for each day that the payment is outstanding (for a late rent payment) or the reasonable costs incurred by the Landlord (for a replacement key/security device).
Charges for late payment. Tenant acknowledges that the late payment of rent under this Lease will cause the District to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult to ascertain. Costs include, but are not limited to, administrative processing of delinquency notices and increased accounting costs. Accordingly, if any payment of rent, or any other sum due to the District under this Lease is not paid by the due date, a late charge equal to 5% of each such overdue amount will be added to the payment, and the total sum will become immediately due and payable to the District. The late charge represents a fair and reasonable estimate of the costs that the District will incur by reason of Xxxxxx’s late payment. The District’s acceptance of late charges or any portion of the overdue payment will not constitute a waiver of Tenant’s default with respect to the overdue payment or prevent the District from exercising any of its other rights and remedies under this Lease, at law or equity.
Charges for late payment. Processing fees (from 70 days after the invoice date at the earliest, upon transfer to a debt collection agency) depending on the receivable, maximum amount in CHF: 50 (up to 20); 70 (up to 50); 100 (up to 100); 120 (up to 150); 149 (up to 250); 195 (up to 500); 308 (up to 1,500); 448 (up to 3,000); 1,100 (up to 10,000); 1,510 (up to 20,000); 2,658 (up to 50,000); 6% of the receivables (above 50,000).
Charges for late payment. Processing fee (at the earliest after two written reminders after the invoice date, if handed over to collection service provider) according to xxx.xxxxxxx.xx.
Charges for late payment. If any payment is not paid within 10 days after its due date, buyers agree to pay a late charge of either 5% of the late payment, or $10.00, whichever is less.
Charges for late payment. Notwithstanding any waiver or enforcement of an Event of Default hereunder, the Borrower acknowledges that the Lender shall be paid interest on overdue interest at the applicable -44- rate set out in section 3.3 and the sum of Two Hundred and Fifty Dollars ($250.00) in each instance, to compensate for costs, penalties or expenses caused to the Lender arising as a result of any payment made after its due date hereunder.
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Charges for late payment. Time is of the essence for the payment of all rents, fees and charges hereunder. Should Tenant fail to make any payment so that it is received by Landlord not later than permitted under this Agreement, the sum shall be adjudged to be past due and a late charge of one and one-half (1-1/2%) percent shall be due and payable. Thereafter, a late charge of 1-1/2% per month shall continue to accrue until paid.

Related to Charges for late payment

  • Late Payment Timeliness of payment and any interest to be paid to Contractor for late payment shall be governed by Article 11-A of the State Finance Law to the extent required by law.

  • Late Payments If any undisputed amount in an invoice of the Transfer Agent (for fees or reimbursable expenses) is not paid when due, the Fund shall pay the Transfer Agent interest thereon (from the due date to the date of payment) at a per annum rate equal to one percent (1.0%) plus the Prime Rate (that is, the base rate on corporate loans posted by large domestic banks) published by The Wall Street Journal (or, in the event such rate is not so published, a reasonably equivalent published rate selected by the Fund) on the first day of publication during the month when such amount was due. Notwithstanding any other provision hereof, such interest rate shall be no greater than permitted under applicable provisions of Massachusetts law.

  • Interest on Late Payment Subject to clause 9.7, the Trader or the Distributor (as the case may be) must pay any Tax Invoice issued under this clause 9. If any part of a Tax Invoice that is properly due in accordance with this Agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice remains unpaid.

  • Late Payment Fee If your account is subject to a Late Payment Fee, the fee will be charged to your account when you do not make the required minimum payment by or within the number of days of the statement Payment Due Date set forth on the Disclosure accompanying this Agreement.

  • Interest on Late Payments a. State Agencies The payment of interest on certain payments due and owed by Agency may be made in accordance with Article 11-A of the State Finance Law (SFL §179-d et. Seq.) and Title 2 of the New York Code of Rules and Regulations, Part 18 (Implementation of Prompt Payment Legislation -2 NYCRR §18.1 et seq.).

  • Late Payment Charges Except for Disputed Amounts, if a Party fails to remit payment for any charges for services by the Xxxx Due Date, or if a payment or any portion of a payment is received by a Party after the Xxxx Due Date, or if payment is not made by check that is currently dated and drawn on an account with sufficient available funds, then a late payment charge may be assessed as provided in Section 27.8.

  • Late Payment Charge If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of five percent (5%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgage and the other Loan Documents to the extent permitted by applicable law.

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