Common use of Interest on Delayed Payments Clause in Contracts

Interest on Delayed Payments. If the Procuring Entity has delayed payments beyond thirty (30) days after the due date stated in the SCC, interest shall be paid to the Service Provider foreach day of delay at the rate stated in the SCC.

Appears in 58 contracts

Samples: Framework Agreement, Framework Agreement, Framework Agreement

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Interest on Delayed Payments. If the Procuring Entity has delayed payments beyond thirty (30) days after the due date stated in the SCC, interest shall be paid to the Service Provider foreach for each day of delay at the rate stated in the SCC.

Appears in 11 contracts

Samples: Framework Agreement for Provision of Motor Vehicle and Motor Cycles Repair and Maintenance Services, Framework Agreement, Framework Agreement

Interest on Delayed Payments. If the Procuring Entity has delayed payments beyond thirty (30) days after the due date stated in the SCC, interest shall be paid to the Service Insurance Provider foreach for each day of delay at the rate stated in the SCC.

Appears in 3 contracts

Samples: Framework Agreement, Framework Contract, Framework Contract

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Interest on Delayed Payments. If the Procuring Entity has delayed payments beyond thirty (30) days after the due date stated in the SCC, interest shall be paid to the Service Provider foreach day of delay at the rate stated in the SCCSCC .

Appears in 1 contract

Samples: Contract Agreement for Provision of Air Ticket and Ticketing Services

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