Default and Consequences of Default. 18.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.
Default and Consequences of Default. 8.1 Interest on overdue invoices shall accrue from the date when payment becomes due daily until the date of payment at a rate of 2.5% per calendar month and shall accrue at such a rate after as well as before any judgement.
Default and Consequences of Default. 24.1 An event of default (“Default Event”) occurs if:
Default and Consequences of Default. 11.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of 4.75% per calendar month (and at Sahara Trailers Campers and RV Centre sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.
Default and Consequences of Default. 12.1 Where an invoice has remained unpaid for 14 business days, a reminder will be sent to the Client, in writing, and an administration fee of $250.00 (inclusive of GST) will be charged to the Client; If the invoice remains unpaid after the reminder has been provided, solicitors or collection agents will be engaged, and the Client agrees to indemnify DMA for any and all reasonable collection costs (in accordance with clause 12.3).
Default and Consequences of Default. 22.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and one half percent (2.5%) per calendar month (and at RJA’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.
Default and Consequences of Default. 2.1 Without prejudice to any other remedies T&G Pipfruit may have, if at any time the Supplier is in breach of any obligation (including those relating to payment), T&G Pipfruit may suspend the supply of Services to the Supplier and any of its other obligations under the Agreement. T&G Pipfruit will not be liable to the Supplier for any loss or damage the Supplier suffers because T&G Pipfruit exercised its rights under this clause.
Default and Consequences of Default. (a) In the ----------------------------------- event that a Stockholder fails to contribute to the Company its required Capital Commitment by the date specified in the Notice of Drawdown (a "Default") any portion of the Capital Commitment required to be contributed (a "Defaulted Capital Commitment") by such Stockholder (a "Defaulting Stockholder"), the non-Defaulting Stockholder, in its sole discretion, may take or cause to be taken any and all of the following actions individually but not in combination:
Default and Consequences of Default. 11.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of 4.75% per calendar month (and at SUV Campers sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.
Default and Consequences of Default. 3 1.5 Conditions to each Drawdown...................................5 1.6 Purchase of Class D Junior Preferred Stock....................6
