Common use of Failure to Pay Any Amounts Due Clause in Contracts

Failure to Pay Any Amounts Due. If Xxxxxxxx fails to pay any amounts due in the required period of time, or payment of an invoice is overdue, Lenovo may: 1. impose a finance charge of the lesser of one and a half (1.5%) percent per month or the maximum rate permitted by law on the undisputed overdue balance of the invoice amount; 2. require payment on or before delivery of Products and Services; 3. repossess any Products for which Reseller has not paid, at Reseller’s expense, including reasonable attorneys' fees; 4. refuse Xxxxxxxx’s orders until any amounts due are paid; 5. terminate this Agreement; or 6. pursue any other remedy available at law.

Failure to Pay Any Amounts Due. If Xxxxxxxx fails to pay any amounts due in the required period of time, or Reseller’s payment of an invoice is overdue, Lenovo maymay do any of the following: 1. impose a finance charge of the lesser of one and a half (1.5%) percent per month or the maximum rate permitted by law on the undisputed overdue balance of the invoice amount; 2. require payment on or before delivery of Products and Services; 3. repossess any Products for which Reseller has not paid, at Reseller’s expense, including reasonable attorneys' fees; 4. refuse Xxxxxxxx’s orders until any amounts due are paid; 5. terminate this Attachment and the Agreement; or or 6. pursue any other remedy available at law.