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
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
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