Interest on Default. If the Issuer fails to pay any Payment specified herein within twenty (20) days after the due date thereof, the Issuer shall pay to GCC or any successor or assigns of GCC, interest on such delinquent payment at the highest rate allowed by Texas law.
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Samples: mccmeetingspublic.blob.core.usgovcloudapi.net, mccmeetingspublic.blob.core.usgovcloudapi.net, agenda.webbcountytx.gov:8085
Interest on Default. If the Issuer fails to pay any Payment specified herein within twenty (20) days after the due date thereof, the Issuer shall pay to GCC or any successor or assigns of GCC, interest on such delinquent payment at the highest rate allowed by Texas law.
Appears in 1 contract
Samples: agenda.webbcountytx.gov:8085
Interest on Default. If the Issuer fails to pay any Payment specified herein within twenty ten (2010) days after the due date thereof, the Issuer shall pay to GCC or any successor or assigns of GCC, interest on such delinquent payment at the lesser of twelve percent (12%) per annum, or the highest rate allowed by Texas law.
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Samples: www.cityofcuero.com