Effect of Nonpayment Clause Samples

Effect of Nonpayment. This Agreement or Customer’s access to Services may be suspended or terminated if Customer’s account falls into arrears. Unpaid amounts may be subject to interest at the lesser of one and one-half percent (1.5%) per month or the maximum permitted by law, plus all collection costs.

Effect of Nonpayment. This Agreement and the Services may be suspended or terminated if Customer’s account falls into arrears and five (5) business days have passed after written notification to Customer (email sufficing). Customer will continue to be charged for Services during any suspension. Any amounts not paid within the thirty (30) day period mentioned in Section 6.2 above shall bear interest at the lesser of (i) the maximum rate allowableunder applicable law where Customer is located and (ii) two percent (2%) per month. Customer’s payment of such interest on late payments shall not prevent Spirent from exercising any other rights under this Agreement or applicable law.

Effect of Nonpayment i. If Group fails to pay the first premium payment due for the Benefits prior to the effective date, no coverage will be provided. ii. If Group fails to pay any subsequent premium payment by the end of the grace period, the Plan may terminate the Agreement as set forth in the provision of the "Termination" section pertaining to default in the payment of premiums. In the event that the Plan terminates the Agreement for nonpayment of premiums: • the Plan will notify Group of its intention to terminate the Agreement for nonpayment of premiums, as set forth in the Agreement; • the Plan will include, with its notice of termination, a written notice to Group regarding Group’s obligations under Section 217 of the New York Labor Law, as required by Section 4235 of the New York Insurance Law; and • Group will be responsible for the payment of all premiums and applicable late payment charges owed to the Plan as of the date of termination, which will be the first day following the end of the period for which premiums were paid.

Effect of Nonpayment. This Agreement or Customer’s access to the SaaS Service may be suspended or terminated if

Effect of Nonpayment. This Agreement and Client’s access to the Anaplan Service or Anaplan’s provision of Professional Services may be suspended or terminated if Client fails to make timely payment of undisputed fees when due. Unpaid amounts may be subject to interest at the lesser of one and one-half percent (1.5%) per month or the maximum permitted by law plus collection costs. Suspension will not relieve Client’s obligation to pay amounts due. Upon termination of this Agreement, Client shall pay the balance due on Client’s account subject to the provisions of Section 7.3 (“Effect of Termination; Survival”).

Effect of Nonpayment. This Agreement or Customer’s access to the SaaS Service may be suspended or terminated if Customer’s account falls into arrears. Unpaid amounts may be subject to interest at the lesser of one and one-half percent (1.5%) per month or the maximum permitted by law, plus all collection costs.

Effect of Nonpayment. If Customer's account falls into arrears and remains unpaid for ten

Effect of Nonpayment. Payments due and unpaid will be subject to finance charges as set forth in paragraph B. above. Furthermore, Contractor shall not be required to continue the Contract Work until such time as any payment due (and any interest thereon) is received by Contractor.

Effect of Nonpayment. This Agreement and Client’s access to the Anaplan Service may be suspended or terminated if Client’s account falls into arrears. Unpaid amounts may be subject to interest at the lesser of one and one-half percent (1.5%) per month or the maximum permitted by law plus collection costs. Suspension will not relieve Client’s obligation to pay amounts due. Upon termination of this Agreement, Client will pay the balance due on Client’s account subject to the provisions of Section 7.3 (“Effect of Termination; Survival”).