Common use of INTEREST CLAUSE Clause in Contracts

INTEREST CLAUSE. If a billing statement balance is not paid in full when due, interest will be charged on any unpaid balance that remains past due beginning on the first day it is past due and continuing until paid at the rate of twelve percent (12%) per annum.

INTEREST CLAUSE. If a billing statement balance is not paid in full when due, interest will be charged on any unpaid balance that remains past due beginning on the first day it is past due and continuing until paid at the rate of twelve ____ percent (12_____%) per annumannum (or the maximum lawful rate if less.)

INTEREST CLAUSE. If a billing statement balance is not paid in full when due, interest will be charged on any unpaid balance that remains past due beginning on the first day it is past due and continuing until paid at the rate of twelve percent (12( %) per annumannum (or the maximum lawful rate if less.)