Costs, Payments and Penalties Sample Clauses

Costs, Payments and Penalties. 2.8.1 The Customer agrees to pay AAE in accordance with the invoice and where applicable the Payment Schedule. 2.8.2 The Customer acknowledges and agrees that AAE may charge a late payment fee if the invoices are not paid by the due date. AAE reserves the right to: i. Charge interest penalties on overdue amounts. Interest will accrue on and from the date following the due date for payment of the outstanding amount up to and including the date of its payment. Interest shall be at the rate fixed in Regulation 36.7 of the Uniform Civil Procedure Rules 2005 and computed at a daily rate on the amount not paid from the time it fell due until payment without prejudice to AAE’s other rights to terminate this Agreement, ii. Stop providing Products or Services until payment is made,
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Costs, Payments and Penalties. 2.5.1 Unless AAE has extended credit terms to the Customer, the Customer agrees to pay AAE upon placement of an order. 2.5.2 Where AAE has extended credit terms to a Customer, AAE will issue an Invoice upon Dispatch of the Products and payment is due in accordance with the payment terms agreed between AAE and the Customer in writing. 2.5.3 Without limiting any other rights AAE has under this Agreement, if the Invoice is not paid by the due date AAE also reserves the right to: (a) Charge a late-payment fee of AUD$50 or 2% of the Invoice total, whichever is greater. (b) Charge interest on overdue amounts. Interest will accrue on and from the date following the due date for payment of the outstanding amount up to and including the date of its payment. Interest shall be at the rate fixed in Rule 36.7 of the Uniform Civil Procedure Rules 2005 and computed at a daily rate on the amount not paid from the time it fell due until payment without prejudice to AAE’s other rights under this Agreement; (c) Stop providing the Products until all outstanding payments are made; (d) Stop providing credit to the Customer until all outstanding payments are made; and (e) Recover from the Customer all Costs including legal costs that AAE may incur in order to recover the moneys owing. 2.5.4 Unless agreed otherwise, the Costs quoted by AAE exclude GST. GST will be added to the Costs and is payable by the Customer unless the Products are supplied to a Customer who is not based in Australia and the GST does not apply to that Customer.
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Related to Costs, Payments and Penalties

  • Payment of Stipulated Penalties EPA may send Purchaser a demand for stipulated penalties. The demand will include a description of the noncompliance and will specify the amount of the stipulated penalties owed. Purchaser may initiate dispute resolution under Section XIII regarding the demand. Purchaser shall pay the amount demanded or, if Purchaser initiates dispute resolution, the uncontested portion of the amount demanded, within 30 days after receipt of the demand. Purchaser shall pay the contested portion of the penalties determined to be owed, if any, within 30 days after the resolution of the dispute. Each payment for: (a) the uncontested penalty demand or uncontested portion, if late, and; (b) the contested portion of the penalty demand determined to be owed, if any, must include an additional amount for Interest accrued from the date of receipt of the demand through the date of payment. Purchaser shall make payment at xxxxx://xxx.xxx.xxx using the link for “EPA Miscellaneous Payments Cincinnati Finance Center,” including a reference to the CERCLA docket number and Site/Spill ID number listed in ¶ 92, and the purpose of the payment. Purchaser shall send a notice of this payment to DOJ and EPA. The payment of stipulated penalties and Interest, if any, does not alter any obligation by Purchaser under this Settlement. Nothing in this Settlement limits the authority of the United States: (a) to seek any remedy otherwise provided by law for Purchaser’s failure to pay stipulated penalties or interest; or (b) to seek any other remedies or sanctions available by virtue of Purchaser’s noncompliance with this Settlement or of the statutes and regulations upon which it is based including penalties under section 106(b) of CERCLA provided, however, that the United States may not seek civil penalties under section 106(b) for any noncompliance for which a stipulated penalty is provided herein, except in the case of a willful noncompliance with this Settlement or in the event that EPA assumes performance of a portion or all of the Work pursuant to ¶ 30 (Work Takeover). Notwithstanding any other provision of this Section, the United States may, in its unreviewable discretion, waive any portion of stipulated penalties that have accrued under this Settlement.

  • Submitting False Claims; Monetary Penalties The AOC shall be entitled to remedy any false claims, as defined in California Government Code section 12650 et seq., made to the AOC by the Contractor or any Subcontractor under the standards set forth in Government Code section 12650 et seq. Any Contractor or Subcontractor who submits a false claim shall be liable to the AOC for three times the amount of damages that the AOC sustains because of the false claim. A Contractor or Subcontractor who submits a false claim shall also be liable to the AOC for (a) the costs, including attorney fees, of a civil action brought to recover any of those penalties or damages, and (b) a civil penalty of up to $10,000 for each false claim.

  • CONTRACTUAL PENALTIES 1. Should the Accommodated Person fail to pay the price for the accommodation in the agreed amount, by the due date and under the correct variable symbol, he/she is obliged to pay interest on late payments under Section 10(2) of Act No. 176/2004 Coll., on the Disposal of the Property of Public Institutions and the Amendment to Act Xx. 000/0000 xx xxx Xxxxxxxx Xxxxxxx xx xxx Xxxxxx Xxxxxxxx, on the Slovak Forestry Chamber, as amended by Act No. 464/2002 Coll., as amended. In addition, he/she is obliged to pay a contractual penalty (even if the contractual obligations are breached not through a fault of the Accommodated Person, e.g., by error of the financial institution) in the amount of 0.3 % of the due amount for each day of delay. The agreement regarding the contractual penalty shall not affect the Landlord’s entitlement to demand compensation for damages. Both entitlements can be exercised by the Landlord concurrently. Both the contractual penalty and the interest on late payments are to be paid via a separate bank transfer to the Landlord’s account stated in Article I in the “Landlord” section hereof (separately from the price for the accommodation). 2. If the payment is to be searched for due to the incorrectly stated variable symbol, the Accommodated Person shall pay a contractual penalty amounting to EUR 5. 3. In the case of loss or theft of the accommodation card, the Accommodated Person shall pay the Landlord the sum for issuing a new card in the amount of EUR 13, and in the case of loss or theft of the key to the room, he/she shall pay the sum for making an extra key in the amount of EUR 20. The sum for issuing a new card and making an extra key is to be paid by the Accommodated person by a stand- alone wire transfer to the bank account of the Landlord provided in Article I, part “Landlord” of this Contract (separately from the price for accommodation and settlement of contractual penalties and default interest). The Landlord shall provide the Accommodated Person with a replacement key or a new accommodation ID only after the sum stipulated under this paragraph is paid. 4. In compliance with Section 544(1) of the Civil Code, the Accommodated Person is also obliged to pay the contractual penalty even though the Landlord did not incur any damage as a result of a breach of the obligations of the Accommodated Person.

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