Common use of Deferred Payment Clause in Contracts

Deferred Payment. If any of Party A’s payments under this Agreement are delayed, it shall pay penalties for deferred payment to Party B pursuant to this Agreement. The penalty shall be 0.04% per day for every day from the payment date until the date which Party B receives all payment (including the penalties).

Deferred Payment. If any of Party A’s payments payment under this Agreement are is delayed, it shall pay penalties penalty for deferred payment to Party B pursuant to this Agreement. The penalty shall be 0.04% 0.4‰ per day for every day and daily calculated from the payment date until the date which Party B receives all payment (including the penaltiespenalty).

Deferred Payment. If Party B defers in paying to Party A all or part of the payables due, Party B shall pay Party A an overdue fine at a daily rate of five-ten thousandths (0.5‰) of the deferred payment for each day of delay. If all or any part of the payment is delayed for more than fifteen (15) working days, Party A’s payments under A shall have the right to rescind this Agreement are delayedimmediately, it shall pay penalties for deferred payment to and Party B pursuant to shall still pay in full the license fee under this Agreement. The penalty shall be 0.04% per day for every day from the payment date until the date which Party B receives all payment (including the penalties).​