Common use of Interest on late payment Clause in Contracts

Interest on late payment. Subject to clause 9.7, the Trader or the Distributor (as the case may be) must pay any Tax Invoice issued under this clause 9. If any part of a Tax Invoice that is properly due in accordance with this Agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice remains unpaid.

Appears in 37 contracts

Samples: Distributor Agreement, Distributor Agreement, Distributor Agreement

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Interest on late payment. Subject to clause 9.711.7, the Trader Retailer or the Distributor (as the case may be) must will pay any Tax Invoice issued under this clause 911. If any part of a Tax Invoice that is properly due in accordance with this Agreement agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice remains unpaid.

Appears in 27 contracts

Samples: Use of System Agreement, Use of System Agreement, Use of System Agreement

Interest on late payment. Subject to clause 9.711.14, the Trader Retailer or the Distributor (as the case may be) must will pay any Tax Invoice issued under this clause 911 on the due date. If any part of a Tax Invoice that is properly due in accordance with this Agreement agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice invoice remains unpaid.

Appears in 4 contracts

Samples: Use of System Agreement, Use of System Agreement, Use of System Agreement

Interest on late payment. Subject to clause 9.711.12, the Trader Retailer or the Distributor (as the case may be) must will pay any Tax Invoice issued under this clause 911 on the due date. If any part of a Tax Invoice that is properly due in accordance with this Agreement agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice invoice remains unpaid.

Appears in 3 contracts

Samples: Use of System Agreement, Use of System Agreement, Use of System Agreement Electricity

Interest on late payment. Subject to clause 9.7, the Trader or the Distributor (as the case may be) must pay any Tax Invoice issued under this clause 9. If any part of a Tax Invoice that is properly due in accordance with this Agreement agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice remains unpaid.

Appears in 3 contracts

Samples: Distribution Agreement, Distribution Agreement, Distribution Agreement

Interest on late payment. Subject to clause 9.7, the Trader or the Distributor (as the case may be) must pay any Tax Invoice issued under this clause 9. If any part of a Tax Invoice that is properly due in accordance with this Agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice remains unpaid.unpaid.‌

Appears in 2 contracts

Samples: Distributor Agreement, Distributor Agreement

Interest on late payment. Subject to clause 9.79.8, the Trader Retailer or the Distributor (as the case may be) must pay any Tax Invoice issued under this clause 9. If any part of a Tax an Invoice that is properly due in accordance with this Agreement agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice remains unpaid.

Appears in 2 contracts

Samples: Use of System Agreement, Use of System Agreement

Interest on late payment. Subject to clause 9.7, the Trader Retailer or the Distributor (as the case may be) must will pay any Tax Invoice issued under this clause 9. If any part of a Tax Invoice that is properly due in accordance with this Agreement agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice remains unpaidcharged.

Appears in 1 contract

Samples: Use of System Agreement

Interest on late payment. Subject to clause 9.712.7, the Trader Retailer or the Distributor (as the case may be) must will pay any Tax Invoice issued under this clause 912. If any part of a Tax Invoice that is properly due in accordance with this Agreement agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice remains unpaid.

Appears in 1 contract

Samples: Use of System Agreement

Interest on late payment. Subject to clause 9.711.7, the Trader or the Distributor (as the case may be) must will pay any Tax Invoice issued under this clause 911. If any part of a Tax Invoice that is properly due in accordance with this Agreement agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice remains unpaid.

Appears in 1 contract

Samples: Use of System Agreement

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Interest on late payment. Subject to clause 9.79.5, the Trader Retailer or the Distributor (as the case may be) must will pay any Tax Invoice issued under this clause 9. If any part of a Tax Invoice that is properly due in accordance with this Agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice remains unpaid.

Appears in 1 contract

Samples: Use of System Agreement

Interest on late payment. Subject to clause 9.7Clause 14.7, the Trader Retailer or the Distributor (as the case may be) must will pay any Tax Invoice issued under this clause 9Clause 14. If any part of a Tax Invoice that is properly due in accordance with this Agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice remains unpaid.

Appears in 1 contract

Samples: Use of System Agreement

Interest on late payment. Subject to clause 9.79.8, the Trader Retailer or the Distributor (as the case may be) must pay any Tax Invoice issued under this clause 9. If any part of a Tax Invoice that is properly due in accordance with this Agreement agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice remains unpaid.

Appears in 1 contract

Samples: Use of System Agreement

Interest on late payment. Subject to clause 9.7, the Trader or the Distributor (as the case may be) must pay any Tax Invoice issued under this clause 911. If any part of a Tax Invoice that is properly due in accordance with this Agreement agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice remains unpaid.

Appears in 1 contract

Samples: Distributor Agreement

Interest on late payment. Subject to clause 9.7, the Trader Retailer or the Distributor (as the case may be) must will pay any Tax Invoice issued under this clause 97 on the due date. If any part of a Tax Invoice that is properly due in accordance with this Agreement agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice invoice remains unpaid.

Appears in 1 contract

Samples: Use of System Agreement

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