Common use of Delinquent Payments Clause in Contracts

Delinquent Payments. The unpaid amount of any payment due from either Party under this Agreement shall accrue interest at the Interest Rate from the first Day following the date on which payment is due until the date payment is made.

Appears in 16 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Delinquent Payments. The unpaid amount of any payment due from either Party under this Agreement shall accrue interest at the Interest Rate from the first Day day following the date on which payment is due until the date payment is made.

Appears in 5 contracts

Samples: Credit Purchase Agreement, Capacity Credit Purchase Agreement, Capacity Credit Purchase Agreement

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