Common use of Interest on Delayed Payments Clause in Contracts

Interest on Delayed Payments. If the Client has delayed payments beyond fifteen (15) days after the due date stated in the Clause SC 6.4, interest shall be paid to the Consultant for each day of delay at the rate stated in the SC.

Appears in 2 contracts

Samples: Contract Agreement, indiawrm.org

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Interest on Delayed Payments. 53.1 If the Client has Employer had delayed payments beyond fifteen (15) days after the due date stated in the Clause SC 6.4GCC 52.1 (c), interest shall be paid to the Consultant on any amount due by, not paid on, such due date for each day of delay at the annual rate stated in the SCSCC.

Appears in 2 contracts

Samples: Standard and Sample Contract, www.ppaghana.org

Interest on Delayed Payments. 54.1 If the Client has Employer had delayed payments beyond fifteen (15) days after the due date stated in the Clause SC 6.4GCCC 52.1 (c), interest shall be paid to the Consultant on any amount due by, not paid on, such due date for each day of delay at the annual rate stated in the SCSCCC.

Appears in 2 contracts

Samples: Standard Framework Agreement, Standard Framework Agreement

Interest on Delayed Payments. If the Client has delayed payments beyond fifteen (15) days after the due date stated in the Clause SC 6.4SC, interest shall be paid to the Consultant Consultants for each day of delay at the rate stated in the SC.

Appears in 1 contract

Samples: web.worldbank.org

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Interest on Delayed Payments. 46.1 If the Client has had delayed payments beyond fifteen (15) days after the due date stated in the Clause SC 6.4GCC 45.1 (b) or (c), interest shall be paid to the Consultant on any amount due by, not paid on, such due date for each day of delay at the annual rate stated in the SCSCC.

Appears in 1 contract

Samples: www.ketraco.co.ke

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