Default and Delinquency. If Oceano defaults in its obligation to pay or advance any amounts due pursuant to this Agreement after such amounts have become delinquent, Oceano shall be liable to the FCFA for interest on any unpaid amount at the rate of 10%, or the maximum rate allowed by law if it is less than 10%, until the overdue invoice amount is paid in full.
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Samples: Agreement to Provide Fire Services, Agreement to Provide Fire Services, Agreement to Provide Fire Services
Default and Delinquency. If Oceano defaults in its obligation to pay or advance any amounts due pursuant to this Agreement after such amounts have become delinquent, Oceano shall be liable to the FCFA for interest on any unpaid amount at the rate of 10%% per annum, or the maximum rate allowed by law if it is less than 10%% per annum, until the overdue invoice amount is paid in full.
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