Common use of Default & Consequences of Default Clause in Contracts

Default & Consequences of Default. 12.1 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.

Appears in 4 contracts

Samples: www.spadot2.com.au, northcoastcontrols.com.au, www.altramotion.com

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Default & Consequences of Default. 12.1 14.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due daily due, until the date of payment payment, at a rate of 2.5% ten percent (10%) per calendar month year and such interest shall accrue compound daily at such a rate after as well as before any judgement.

Appears in 1 contract

Samples: kwikzip.com

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Default & Consequences of Default. 12.1 13.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due daily due, until the date of payment payment, at a rate of 2.5% ten percent (10%) per calendar month year and such interest shall accrue compound daily at such a rate after as well as before any judgement.

Appears in 1 contract

Samples: advanceddentalartistry.com.au

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