Common use of Interest Due for Late Payments Clause in Contracts

Interest Due for Late Payments. Any payment that becomes due under this License Agreement and that is not made in full when due, accrues interest at the rate of one percent (1%) per month (or part thereof) or at the maximum rate permitted by law, whichever is lower.

Appears in 12 contracts

Samples: License Agreement, License Agreement, License Agreement

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Interest Due for Late Payments. Any payment that becomes due under this License Past Use Agreement and that is not made in full when due, accrues interest at the rate of one percent (1%) per month (or part thereof) or at the maximum rate permitted by law, whichever is lower.

Appears in 10 contracts

Samples: Past Use Agreement, Past Use Agreement, Past Use Agreement

Interest Due for Late Payments. Any payment that becomes due under this License Past Use Agreement and that is not made in full when due, accrues interest at the rate of one percent (1%) per month (or part thereof) or at the maximum rate permitted by law, whichever is lower.. Reference Copy

Appears in 1 contract

Samples: Past Use Agreement

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Interest Due for Late Payments. Any payment that becomes due under this License Agreement and that is not made in full when due, accrues interest at the rate of one percent (1%) per month (or part thereof) or at the maximum rate permitted by law, whichever is lower.. Reference Copy

Appears in 1 contract

Samples: License Agreement

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