Common use of Delinquency Charge Clause in Contracts

Delinquency Charge. To the extent permitted by law, a delinquency charge may be imposed in an amount not to exceed four percent (4%) of any payment that is more than fifteen days late.

Appears in 14 contracts

Sources: Loan Agreement (Cpac Inc), Loan Agreement (Medical Technology Systems Inc /De/), Loan Agreement (Integral Systems Inc /Md/)

Delinquency Charge. To the extent permitted by law, a delinquency charge may be imposed in an amount not to exceed four percent (4%) of any payment that is more than fifteen (15) days late.

Appears in 5 contracts

Sources: Loan Agreement (SCB Computer Technology Inc), Credit Agreement (Brite Voice Systems Inc), Loan Agreement (SCB Computer Technology Inc)

Delinquency Charge. To the extent permitted by law, a delinquency charge may will be imposed in an amount not to exceed four percent FIVE PERCENT (45.00%) of any payment that is more than fifteen TEN (10) days late.

Appears in 3 contracts

Sources: Promissory Note, Promissory Note (Legacy Housing, LTD.), Promissory Note (Legacy Housing, LTD.)

Delinquency Charge. To the extent permitted by law, a delinquency charge may shall be imposed in an amount not to exceed four percent (4%) of the unpaid portion of any payment that is more than fifteen days late.

Appears in 2 contracts

Sources: Loan Agreement (Coast Dental Services Inc), Loan Agreement (Coast Dental Services Inc)

Delinquency Charge. To the extent permitted by law, a delinquency charge may be imposed in an amount not to exceed four percent (4%) percent of any payment that is more than fifteen days late.

Appears in 2 contracts

Sources: Revolving Credit Note (Integrated Living Communities Inc), Revolving Credit Note (Integrated Health Services Inc)

Delinquency Charge. To the extent permitted by law, a delinquency charge may be imposed in an amount not to exceed four percent (4%) percent of any payment that is more than fifteen fifteeen days late.

Appears in 1 contract

Sources: Unsecured Credit Note (Integrated Living Communities Inc)

Delinquency Charge. To the extent permitted by law, Bank may impose a delinquency charge may be imposed in an amount not of up to exceed four percent (4%) of any payment that is more than fifteen days late.

Appears in 1 contract

Sources: Revolving Note (Private Business Inc)