Common use of Interest and Late Fees Clause in Contracts

Interest and Late Fees. Past due accounts will be charged interest on a monthly basis, calculated at one and one-half percent (1.5%) per month of the unpaid balance or the maximum rate allowable by law.

Interest and Late Fees. Past due accounts will be charged interest on a monthly basis, calculated at one and one-half one‐half percent (1.5%) per month of the unpaid balance or the maximum rate allowable by law.

Interest and Late Fees. Past due accounts will be charged interest on a monthly basis, calculated at the greater of: (i) one and one-half percent (1.5%) per month of the unpaid balance or (ii) the maximum rate allowable by law.

Interest and Late Fees. Past due accounts will be charged interest on a monthly basis, calculated at one and one-one- half percent (1.5%) per month of the unpaid balance or the maximum rate allowable by law. Client agrees to pay any and all costs of collection incurred by Xxxxxx Solutions, including, but not limited to, any attorneys’ fees incurred by Xxxxxx Solutions, with respect to any past due balance(s) on Client’s account.