Common use of Interest for Delay Clause in Contracts

Interest for Delay. If the Subscriber does not pay the Service Fee or any other payment (excluding interest for delay) under the Agreement by the due date of payment, the Subscriber shall, with respect to the period commencing from the day immediately after the due date of payment to the before day when the payment is made, pay the amount of money obtained by multiplying the such unpaid amount by 14.6% per annum (prorated on the basis of a 365-day year).

Appears in 53 contracts

Samples: Service Agreement, Service Agreement, Service Agreement

AutoNDA by SimpleDocs

Interest for Delay. If the Subscriber does not pay the Service Fee or any other payment (excluding interest for delay) under the Agreement by the due date of payment, the Subscriber shall, with respect to the period commencing from the day immediately after the due date of payment to the before day when the payment is made, pay the amount of money obtained by multiplying the such unpaid amount by 14.68% per annum (prorated on the basis of a 365-day year).

Appears in 10 contracts

Samples: Service Agreement, Service Agreement, Service Agreement

Interest for Delay. If the Subscriber does not pay the Service Fee or any other payment (excluding interest for delay) under the Agreement by the due date of payment, the Subscriber shall, with respect to the period commencing from the day immediately after the due date of payment to the before day when the payment is made, pay the amount of money obtained by multiplying the such unpaid amount by 14.68 % per annum (prorated on the basis of a 365-day year).

Appears in 8 contracts

Samples: Service Agreement, Service Agreement, Service Agreement

Interest for Delay. If the Subscriber does not pay the Service Fee Fees or any other payment (excluding interest for delay) under the Agreement by the due date of payment, the Subscriber shall, with respect to the period commencing from the day immediately after the due date of payment to the before day when the payment is made, pay the amount of money obtained by multiplying the such unpaid amount by 14.6% per annum (prorated on the basis of a 365-day year).

Appears in 6 contracts

Samples: Service Agreement, Service Agreement, Service Agreement

AutoNDA by SimpleDocs

Interest for Delay. If the Subscriber does not pay the Service Fee or any other payment (excluding interest for delay) under the Agreement by the due date of payment, the Subscriber shall, with respect to the period commencing from the day immediately after the due date of payment to the day before the day when the payment is made, pay the amount of money obtained by multiplying the such unpaid amount by 14.6% per annum (prorated on the basis of a 365-day year).

Appears in 1 contract

Samples: Service Agreement

Interest for Delay. (a) If the Subscriber does not pay the Service Fee or any other payment (excluding interest for delay) under the Agreement by the due date of payment, the Subscriber shall, with respect to the period commencing from the day immediately after the due date of payment to the before day when the payment is made, pay the amount a daily interest corresponding to an interest rate of money obtained by multiplying the such unpaid amount by 14.6% per annum (prorated pro-rated on the basis of a 365-day year)) of the delayed payment.

Appears in 1 contract

Samples: Service Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!