Fees and Penalties Sample Clauses
The "Fees and Penalties" clause defines the charges that may be incurred by a party for specific actions or failures to act under the agreement. It typically outlines the types of fees, such as service charges or late payment fees, and details the circumstances under which penalties may be imposed, for example, for missed deadlines or breaches of contract terms. This clause serves to incentivize compliance with the contract and compensates the non-breaching party for additional costs or inconveniences, thereby promoting timely and proper performance.
Fees and Penalties. Lender and Registered Holder shall be responsible for payment of fees and penalties required of them by this Agreement which are in effect on the Settlement Date, and as published from time to time in the Federal Register. If any fees or penalties required in this Agreement, (including but not limited to those described in Sections 3.2, 3.5, 3.10,5.2, 6.1, 6.2, 7.4,8.2 and 8.5), are not remitted on a timely basis by Lender, FTA and SBA reserve the right to withhold such fees and penalties from the settlement of any future Guaranteed Interest sale or payment on any defaulted loan in the Lender’s portfolio.
Fees and Penalties. ▇▇▇▇▇▇ may charge customer an ETF as outlined in Section 5 above.
Fees and Penalties. Annual Fee – If applicable to your Card, the annual fee will be assessed annually on the anniversary of the month in which your account was opened as long as your account is open or if you maintain an account balance, whether or not you have active charging privileges. Cash Advance Fee – You will pay a cash advance fee of the greater of 4% of the amount of each cash advance or $10. (Not applicable to student credit cards.)
Fees and Penalties. You agree that none of Mylo or the Manager shall be liable to you for any fees or penalties charged by any financial institution that maintains your Funding Source or any other account in your name (including without limitation any registered account such as a RRSP or TFSA) in connection with a Deposit or a Withdrawal, including any overdraft fees. You agree that you are responsible for any fees or penalties that you may incur from any financial institution that maintains your Funding Source as a result of any Deposit or Withdrawal.
Fees and Penalties a. New Authorized Users, unless otherwise exempted in this agreement, are required to complete system training at a cost to Participant of $25.00 per Authorized User, as scheduled by GNMLS, before receiving SentriCard and card reader.
b. A deposit of $25.00 for each SentriCard and reader plus an activation fee of $10.00 will be billed to Participant for each Authorized User. If at the time of inventory, a card or reader is unaccounted for, or if a SentriCard holder is unable to demonstrate that the card or reader is within their physical control, then the SentriCard or reader will be considered unaccounted for and any funds on deposit will be forfeited to the Association.
c. The Participant shall pay any fees associated with the Lockbox service by the end of the same calendar month as the billing statement.
d. Service charges due to late payment shall be 10% of the total lockbox system dues for the unpaid statement, billable on the following monthly statement.
e. Failure to pay any fee or service charge within one (1) month of the date due, and provided that at least ten (10) days notice has been given by GNMLS, the Service shall be suspended until all outstanding fees and service charges are paid in full.
f. Three months of non-payment will result in the termination of membership in the lockbox program. Payment in full of all service charges and outstanding fees are required prior to reenrollment and new Participant activation and training fees will also apply.
g. New Participant sales offices will, unless otherwise exempted herein, be charged an activation and training fee of $250.00 and will receive a supply of lockboxes per the terms outlined in article 11 upon signing the approved Sentrilock Lockbox System Authorized User Agreement, pending approval by the GNMLS Board of Directors. The Participant office will also receive one group lockbox system training session conducted by GNMLS at no cost to the office within 30 days of enrollment as scheduled by GNMLS, which will coincide with delivery of the lockboxes, SmartCards and card readers. Authorized Users at Participant office who complete this training in its entirety will be exempted from the training fee in Article 13(a).
h. New Appraisal or approved Affiliate offices will, unless otherwise exempted herein, be charged an activation and training fee of $100.00 upon signing the approved Sentrilock Lockbox System Authorized User Agreement, pending approval by the GNMLS Board of Directors. No lockboxes w...
Fees and Penalties. 5.3.1. Transaction Fees - All payments should be made by check or Automated Clearing House (ACH) with a 4% transaction fee being assessed for credit card payments.
Fees and Penalties a. Authorized Users who are active MLS subscribers upon enrollment will have the monthly lockbox system user fee in Article 6 waived through April 30th 2013. Authorized Users who are non-subscribers to the MLS will be billed a fixed monthly user fee, as determined by GNMLS annually, from the date of enrollment.
b. Authorized Users will have the training fee in Article 13(a) waived for training attended prior to June 8th 2012. If Authorized User attends training after June 8th 2012, training fee listed in 13(a) will be billed to Participant.
Fees and Penalties. 10.1 The fees, term and number of the acquired licenses shall be specified in the relevant Order Form or other order(s) between Chaos, or its authorized reseller, and Licensee. Additional licenses can be acquired from time to time under the terms and conditions of the relevant license agreement governing the licenses acquisition. All fees under this Agreement exclude, and Licensee has to pay, any locally applicable taxes associated with such fees, or this Agreement, if there are such.
10.2 All payment shall be made within 30 (thirty) days of the invoice date, or as per the payment instructions specified in the respective invoice(s). Chaos may terminate this Agreement upon a notice to Licensee if Licensee fails to pay fees within the above-mentioned term after being provided with a 30 (thirty) day notice.
10.3 Chaos is entitled to modify any fees for a Product, Software or Service at any time, on a six-week notice in writing. Except as otherwise announced with a fee modification notice, any fee modification will take automatic effect at the next renewal of the Licensee’s relevant offering’s term, unless the Licensee elects not to renew. Where the fee modification is envisaged to take effect during the current term, when Licensee does not disagree, the price modification will be effective at the end of the notice period, unless Chaos is notified earlier about acceptance, in which case the fee modification will be effective immediately upon acceptance notice. If Licensee disagrees with thefee modification, Chaos shall be immediately notified in writing at least 30 days prior to expiration of the fee modification notice period. In this case Chaos will be, at its sole discretion, entitled to terminate any license and/or Agreement at the end of the fee modification notice period, or keep the current terms unchanged. In case Chaos decides to terminate, Licensee will be entitled to prorated refund of the positive balance of any prepaid fees. Other than as permitted in this Section or elsewhere in this Agreement, all amounts are non-refundable, non-cancelable and non-creditable. Licensee agrees that Chaos may bill any provided credit card or other payment method for renewals, additional End Users, overages to set limits or scopes of Use, expenses, and unpaid fees, etc, as applicable.
Fees and Penalties. All Reap Card users will be subject to the rates and fees described on our Fee Schedule published on our Website, as amended from time to time. Platform Providers may be subject to a separate written pricing proposal agreement signed between you and Reap; provided that, Platform Companies may receive Program Services through their Platform Provider at other rates or fees disclosed by your Platform Provider. In addition to the fees, you are also responsible for any penalties imposed on you or Reap in relation to your Program Account or your Authorized Users' Card Accounts. Fees and penalties may include periodic fees, foreign transaction fees, penalties for misuse, funds transfer fees, account maintenance fees, Card issuance or replacement, and penalties for late or failed payments. All fees or penalties you owe are in addition to amounts owed for Charges on Cards and Card Accounts associated with your Program Account.
Fees and Penalties. A late payment penalty shall be added to any rent not received by Landlord within four (4) days after the due date. Such penalty shall be five percent (5%) of any rent not received by Landlord within four (4) days after the due date, which amounts shall compensate Landlord for additional administrative costs and time in processing late payments. In the event it becomes necessary for the Landlord to serve a statutory three day notice for non-payment of rent upon the Tenant because of Tenant’s delinquency in the payment of any rental payment, the Tenant shall be assessed a fee in the amount of$150.00, which fee shall be considered as additional rent and which may be included in said three day notice for non-payment of rent in addition to other charges. Tenant agrees to pay Landlord $40.00 or 5 percent of the face value of the check, whichever is greater, for any payment by check to Landlord from Tenant which is returned to Landlord for any reason. All past due balances shall accrue interest at the rate of I% per month or 18% per annum.