Delays in Payment. (a) Subject to paragraph (b) and (c) of this clause, an employee who receives payment of wages through any electronic transfer system will, if wages are not available for encashment by the assigned date, be entitled to payment of 7.6 hours of ordinary time rate of pay for each day of delay in receipt of the employee’s wages provided in any case the Employer shall not be liable for more than 15.2 hours at ordinary time rates of pay.
(b) This provision will not apply if:
(i) The delay is due to a problem outside the Employer’s or the Employer’s agents control or responsibility; and/or
(ii) Where miscalculation of wages and/or allowances have occurred through clerical errors.
(c) The onus of advising and proving the late payment or entry will be with the employee.
Delays in Payment. The Party that does not fully and timely comply with its obligation to indemnify under this CHAPTER VIII shall be automatically subject, by operation of law, by and regardless of any notice or summons, to payment of a non-compensatory late payment fee of two percent (2%) on the overdue amount, plus adjustment per the CDI, plus default interest of one percent (1%) per month, calculated pro rata die on the adjusted amount, due from the due date until the date of its effective and full payment, without prejudice to the losses and damages applicable.
Delays in Payment. The Borrower(s) shall pay in full the EMI and other amounts without any default and without claiming any set off or counterclaim on the respective dates on which the sums are due. No notice, intimation or reminder shall be given to Borrower(s) regarding its obligation to pay the EMI on due date. Without prejudice to FICCL’s other rights,in case of delay in payment within due date, the Borrower(s) shall pay Delayed Payment Interest at the rates specified in the Loan Summary Schedule as may be revised by FICCL from time to time.
Delays in Payment. A payment may be delayed to a date after the designated payment date under any of the circumstances described below, and the provision will not fail to meet the requirements of establishing a permissible payment event. The delay in the payment will not constitute a subsequent deferral election, so long as the Company treats all payments to similarly-situated participants on a reasonably-consistent basis.
Delays in Payment. Interest at the Prime Rate plus 3% shall be payable to NJMC by Gold Hill on any delayed payments (or at the maximum rate permitted by law if such interest exceeds such maximum rate). Notwithstanding any other provision herein, if Gold Hill becomes more than forty-five (45) days delinquent with respect to any payment due hereunder, then NJMC shall, without waiver of other remedies, be entitled to suspend Milling of Treatment Ores until such delinquency has been properly cured.
Delays in Payment. In case of non-payment 15 days after the due date, and if a second request is not successful, the Lessor has the right to demand a 10% surcharge on the sums due, to which will be added the contractual interest calculated at the monthly rate of the money market plus 3 points (T4M + 3), with all months which have been started being included. Also, the Lessee is responsible for any expenses incurred by the Lessor to oblige the Lessee to fulfill its obligations.
Delays in Payment. Remuneration shall be paid to the Consulting Engineer within 40 days of submission of the invoices by the Consulting Engineer unless the Client seeks clarification from the Consulting Engineer regarding the invoices. If, after the said 40 days, the Client fails to pay such amounts, the Consulting Engineer shall give notice of a claim for interest due to none—payment within 20 days. If, after a total of 60 days, the Client fails to pay such amounts and the Consulting Engineer has given notice then the Consulting Engineer is entitled to claim interest at the rate of 7% from the date of expiry of the said period of 60 days until the date of receipt of payment.
Delays in Payment. If any party to this Agreement defaults in the payment of any amounts payable under the terms of this Agreement, such partyshall pay to the party to whom payment is due (the "NON DEFAULTING PARTY") interest on such overdue amounts thereafter until payment in full at the rate of 12% per annum provided that such remedies contained in this Clause shall be without prejudice to any other rights and remedies available to the Non Defaulting Party.
Delays in Payment. Any Contingent Payment solely elected to be paid in cash by Upstream is due on or before the fifteenth (15th) calendar day following written receipt of a positive Test Score from a test lab. Late payments of cash Contingent Payments shall earn interest at a rate of 2% per month compounding from the date such payments are due until paid. If Upstream elects to make a Contingent Payment in shares then interest shall accrue and be payable in cash from the 60th calendar day following receipt of positive Test Results until the share certificates are issued to Xxxxxxxx.
Delays in Payment. Interest at the Prime Rate plus 6% shall be payable to Echo Bay by Crown on any delayed payments (or at the maximum rate permitted by law if such interest exceeds such maximum rate). Notwithstanding any other provision herein, if Crown becomes more than 45 days delinquent with respect to any payment due hereunder, then Echo Bay shall, without waiver of other remedies, be entitled to suspend Milling of Treatment Ores until such delinquency has been properly cured.