Interest and Collection. Any amounts not paid by Licensee to WU when due shall accrue interest, from the date [***] days after the balance is due, at an interest rate of [***]% per month or portion of month. In addition, Licensee will reimburse WU for all reasonable costs and expenses incurred (including reasonable attorneys’ fees) in collecting any overdue amounts.
Interest and Collection. Any amounts not paid by Licensee to WU when due shall accrue interest, from the date […***…] days after the balance is due, at an annual interest rate of […***…]% above the prime rate published in the Eastern edition of The Wall Street Journal during the period of arrearage (or the maximum allowed by law, if less than the amount specified herein). In addition, Licensee will reimburse WU for all reasonable costs and expenses incurred (including reasonable attorneys’ fees) in collecting any overdue amounts.
Interest and Collection. Any amounts not paid by Licensee to WUSTL when due shall accrue interest, from the date [***] ([***]) days after the balance is due at an interest rate of [***] percent ([***] %) per month or portion of a month. In addition, Licensee will reimburse WUSTL for all reasonable costs and expenses incurred (including reasonable attorneys’ fees) in collecting any overdue amounts.
Interest and Collection. Backlight will notify Customer in the event Customer fails to pay any amount due in accordance with the terms of this Section 3. If any undisputed amount due to Backlight is not paid within fourteen days of such notice, then, until such amounts are paid in full, Backlight may charge interest on any unpaid amount due at the rate of one percent per month, or at the maximum rate permitted by Applicable Law, whichever is lower, from the date such payment was due until the date it is paid. In the event Backlight pursues collection of any overdue Xxxx payable hereunder, Customer will reimburse all reasonable third party costs and fees incurred by Backlight in connection with those collection activities.
Interest and Collection. Any amounts not paid by Licensee to WU when due shall accrue interest, from the date thirty (30) days after the balance is due at an interest rate of 1.5% per month or portion of a month. In addition, Licensee will reimburse WU for all reasonable costs and expenses incurred (including reasonable attorneys’ fees) in collecting any overdue amounts. Condition to Grant. Licensee understands and acknowledges that payment of the License Fee and/or License Maintenance Fee is a condition precedent to the grant of the license described herein, and that if Licensee fails to pay the License Fee and/or License Maintenance Fee when due, the license granted in this Agreement will terminate immediately. CONFIDENTIALITY
Interest and Collection. Any amounts not paid by Celltrion to Abpro when due shall accrue interest, from the date thirty (30) days after the balance is due at an interest rate of one percent (1.0%) per month or portion of a month. In addition, Celltrion will reimburse Abpro for all reasonable costs and expenses incurred (including reasonable attorneys’ fees) in collecting any overdue amounts.
Interest and Collection ftrack will notify Customer of any failure to pay an amount due under this Agreement as described in Section 9.3 (Notices). Commencing thirty days from the applicable due date, ftrack may charge interest on any unpaid amount due to ftrack at the rate of one percent per month, or at the maximum rate permitted by Applicable Law, whichever is lower, from the date such payment was due until the date it is paid. In the event ftrack pursues collection of any overdue Xxxx payable hereunder, Customer will reimburse all reasonable third party costs and fees incurred by ftrack in connection with those collection activities.
Interest and Collection. Customer agrees that any delinquent fees hereunder shall accrue interest at the lesser of one and one half percent (1.5%) per month, or the highest rate permitted by law, and Customer shall thereafter pay all such interest in addition to any fees due hereunder. Customer shall pay all costs of collection, including reasonable attorneys’ fees and costs in the event any collection effort or action is required to collect the Fees.
