Delinquency in Payment.
(a) <District to Provide for Punctual Payment> The governing body of the District shall provide for the punctual payment to the State of payments which become due under this contract.
(b) 59 <Interest on Overdue Payments> Upon every amount of money required to be paid by the District to the State pursuant to this contract which remains unpaid after it becomes due and payable, interest shall accrue at an annual rate equal to that earned by the Pooled Money Investment Fund, as provided in Government Code Sections 16480, et seq. calculated monthly on the amount of such delinquent payment from and after the due date until it is paid, and the District hereby agrees to pay such interest: provided, that no interest shall be charged to or be paid by the District unless such delinquency continues for more than thirty (30) days. 58 Deleted: Amendment 13 59 Amended: Amendment 18
Delinquency in Payment. Notwithstanding written acceptance of a Purchase Order for Services, Vocera shall not be obligated perform Services where any payment owing to Vocera is overdue by 30 days or more.
Delinquency in Payment. In the event the WCID fails to pay any bills when due and payable, GBRA shall give written notice of such delinquency to the WCID, and if all bills due and unpaid, including interest thereon, are not paid within forty-five (45) days after delivery of such notice, then the WCID agrees that GBRA shall be authorized, at its option, to institute mediation or suit for collection thereof and to collect any amounts due and unpaid, together with interest thereon at the rate of five percent (5%) per annum and reasonable attorneys’ fees.
Delinquency in Payment. If royalty is not paid by the date due, Lessor may give Lessee written notice of nonpayment of royalty, by certified mail, return receipt requested, and if Lessor’s royalty is not paid on or before expiration of forty-five (45) days after Lessee’s receipt of such notice, interest shall commence accruing on the due date and be payable by Lessee to Lessor on the delinquent balance at the rate of five percent (5%) per annum above prime interest rate (as defined above). However, Lessee may avoid any interest obligation if prior to the expiration of such forty-five (45) days Lessor is furnished an attorney’s written opinion citing a bona fide dispute or a good faith question of royalty entitlement (either as to ownership or as to amount), Lessee pays to Lessor the undisputed portion and Lessee pays the disputed royalty to an escrow account to be administered by a trustee agreed to by both parties or by the American Arbitration Association, if such trustee cannot be found. If practical, such escrow funds shall be invested in interest-bearing accounts pending resolution of the entitlement issue, with the interest to follow the distribution of escrow.
Delinquency in Payment. All amounts due and owing to the City by Owner shall, if not paid when due, bear interest at the maximum rate permitted by law, provided that such rate shall never be usurious. If any amount due and owing by Owner is placed with an attorney for collection by the City, Owner shall pay to the City, in addition to all other payments provided for by this Agreement, including interest, the City's collection expenses, including court costs and attorney's fees. Owner further agrees that the City may, at its option, discontinue taking some or all actions to fulfill its obligations under this Agreement until all amounts due and unpaid are paid in full with interest as herein specified.
Delinquency in Payment. (a) The governing body of the District shall provide for the punctual payment to the State of payments which become due under this contract.
(b) 55 Upon every amount of money required to be paid by the District to the State pursuant to this contract which remains unpaid after it becomes due and payable, interest shall accrue at an annual rate equal to that earned by the Pooled Money Investment Fund, as provided in Government Code Sections 16480, et seq. calculated monthly on the amount of such delinquent payment from and after the due date until it is paid, and the District hereby agrees to pay such interest: provided, that no interest shall be charged to or be paid by the District unless such delinquency continues for more than thirty (30) days.
Delinquency in Payment. Failure of Tenant to pay when due any installment of rent hereunder or any other sum herein required to be paid by Tenant, and the continuance of such nonpayment for five (5) days after written notice from Landlord.
Delinquency in Payment. (a) Irrespective of any otherwise applicable priority, KMLP may suspend service to any Shipper which is delinquent in payments under any Agreement, subject to the following conditions:
(1) KMLP shall give Shipper written notice of the delinquency and of KMLP's intent to suspend service if the deficiency is not cured. If the delinquency is not remedied within ten (10) days of such notice, KMLP may suspend service. KMLP shall simultaneously provide written notice to the Commission of any such suspension.
(2) If a Shipper which has been deficient in payment hereunder is again deficient in payment within six (6) Months after the prior deficiency, then KMLP may suspend service to such Shipper within five (5) Business Days after providing notice hereunder unless Shipper remedies the deficiency within that time period.
(3) A Shipper shall not be obligated to pay any reservation or demand charges for suspended service attributable to the period when that service is suspended.
Delinquency in Payment. Without detracting from any right that the lessor may have in accordance with this agreement and any legal provision on account of breach of the agreement, it is agreed that any case in which the lessee is delinquent in payment of any sum that it owes the lessor under this agreement, the lessee shall pay to the lessor that amount, linked to the index, as stipulated in this agreement (and if there is no base index with regard to the sum, the "base index" for this amount shall be the known index on the day when the lessee was supposed to have paid the amount), plus arrears interest at a rate that is twice the interest rate (including fees and expenses) charged by Bank Hapoalim, Ltd., (main Tel Aviv branch) on authorized overdraft (hahad) accounts for nonpreferred customers, with this arrears interest being computed by the method and manner whereby Bank Hapoalim, Ltd., computes during the period of delinquency (including compound interest).
Delinquency in Payment. (a) Irrespective of any otherwise applicable priority, TIGER may suspend service to any Shipper which is delinquent in payments under any Agreement, subject to the following conditions:
(1) TIGER shall give Shipper written notice of the delinquency and of TIGER's intent to suspend service if the deficiency is not cured. If the delinquency is not remedied within ten (10) days of such notice, TIGER may suspend service. TIGER shall simultaneously provide written notice to the Commission of any such suspension.
(2) If a Shipper which has been deficient in payment hereunder is again deficient in payment within six (6) Months after the prior deficiency, then TIGER may suspend service to such Shipper within five (5) Business Days after providing notice hereunder unless Shipper remedies the deficiency within that time period.
(3) A Shipper shall not be obligated to pay any reservation charges for suspended service attributable to the period when that service is suspended.
(b) In addition to suspension, TIGER may terminate service if the Shipper fails to remedy a delinquency in payment. Any such termination requires thirty (30) days' prior notice to Shipper and to the Commission. To avoid termination, the Shipper must remedy the deficiency within this notice period. Such notice may be given simultaneously with the initial notice under Section 2.8(a)(1) of these General Terms and Conditions.
(c) In the event of a good faith billing dispute, withholding of payment for the amount in dispute by Shipper shall not be considered a delinquency in payment, consistent with Section 11 of these General Terms and Conditions, and will not result in suspension or termination of service.
(d) TIGER may not take any action under this Section 2.8 which conflicts with any order of the U.S. Bankruptcy Court. FERC Gas Tariff 2. Priority of Service First Revised Volume No. 1 Version 1.0.0
