Failure to Pay Invoice. If payment in full of any invoice rendered by CRRA is not made on or before the Due Date, a delayed-payment charge of the greater of one and one-half percent (1 & ½%) per Month or fifty dollars ($50.00) shall be assessed on all past due amounts, which delayed- payment charge shall become immediately due and payable to CRRA as liquidated damages for failure to make prompt payment, and shall be reflected in the invoice for the following Month. In addition to, and not in limitation of the foregoing, if payment in full of any invoice rendered by CRRA is not made on or before the Due Date and such non- payment continues uncured for a period of thirty (30) days after written notice of such non-payment from CRRA to the Municipality, then CRRA may in its sole and absolute discretion, cease accepting Acceptable Solid Waste and Acceptable Recyclables from the Municipality until all outstanding invoices, delayed payment charges and any other payments which have become due, are paid in full. No such cessation by CRRA shall relieve the Municipality from any of its obligations hereunder.
Failure to Pay Invoice. If any Participant, after having committed to contribute pursuant to Section 16.3, fails to pay an invoice within the thirty (30) day period referred to in Section 16.4 the Manager may by notice demand payment. If no payment is made within the period of thirty (30) days next succeeding the receipt of the demand notice, that Participant shall be deemed to have forfeited its right to contribute to any further Costs under this Agreement and it shall be deemed to have elected not to contribute to each Program subsequently conducted and accordingly, shall have its Interest reduced in the manner contemplated in Sections 15.5 and 15.6.
Failure to Pay Invoice. If any Participant fails to pay an invoice contemplated in Section 18.5 within the thirty (30) day period aforesaid, the Manager may, by notice, demand payment. If no payment is made within thirty (30) days of the Manager’s demand notice, the Manager may, without limiting its other rights at law, enforce the lien created by Section 18.5 by taking possession of all or any part of that Participant’s Ownership Interest. The Manager may sell and dispose of the Ownership Interest which it has so taken into its possession by:
(a) first offering that Ownership Interest to the other Participants, if more than one then in proportion to the respective Ownership Interests of the Participants who wish to accept that offer, for that price which is the fair market value stated in the lower of two appraisals obtained by the Manager from independent, well recognized appraisers competent in the appraisal of mining properties; and
(b) if the Participants have not purchased all or part of that Ownership Interest as aforesaid, then by selling the balance, if any, either in whole or in part or in separate parcels at public auction or by private tender (the Participants being entitled to bid) at a time and on whatever terms the Manager will arrange, having first given notice to the defaulting Participant of the time and place of the sale. As a condition of the sale as contemplated in Subsection 18.6(b), the purchaser will agree to be bound by this Agreement and, prior to acquiring the Ownership Interest, will deliver notice to that effect to the Members, in form acceptable to the Manager. The proceeds of the sale will be applied by the Manager in payment of the amount due from the defaulting Participant and interest as aforesaid, and the balance remaining, if any, will be paid to the defaulting Participant after deducting reasonable costs of the sale. Any sale or disposal made as aforesaid will be a perpetual bar both at law and in equity by the defaulting Participant and its successors and assigns against all other Participants.
Failure to Pay Invoice.
(1) If the Generator does not pay any part of an invoice rendered by Essential Energy under clause 17 or has failed to make any other payment required under this Agreement on or before the date on which such payment is due then, unless the Generator has given a notice under clause 17.5 in respect of that amount and otherwise complied with its obligations under clause 17.5, Essential Energy, by notice to the Generator, may suspend the provision of network services to the Generator until such time as payment is made.
(2) Any suspension of services made by Essential Energy under clause 23.1(1) will not affect any right Essential Energy may have to be paid interest under clause 17.8 as a result of the Generator’s failure to pay any part of an invoice.
Failure to Pay Invoice. 10.1 XPLOREASIA requires all Clients to pay their outstanding invoice within four days of the program start date.
10.2 Failure to pay the invoice within that period could result in delay of placement and/or temporary removal from the course until said invoice is paid in full.
10.3 If the Client is delayed in joining the course due to late payment, they will be required to pay for additional tutoring hours with an XPLOREASIA instructor at the rate of 1,500 baht per person, per lesson.
10.4 For invoices paid late, there will be a 3,000 baht late fee per week.
Failure to Pay Invoice. In the event Owner fails to provide payment securities acceptable to Gatherer within ten (10) days after requested by Gatherer, Gatherer and Owner agree that Gatherer may suspend its performance hereunder until such time as Owner furnishes acceptable payment securities to Gatherer. In addition to all other remedies available to Gatherer, should Owner fail to pay any amount when the same becomes due, interest shall accrue thereon at a rate equal to the prime rate from time to time in effect and charged by the Citibank, N.A., New York, New York, plus two percent (2%) per annum, (but in no event greater than the maximum rate of interest permitted by law) with adjustments in such rate to be made on the same day as any change in such prime rate, for any period during which the same shall be overdue, such interest to be paid when the amount past due is paid.
