Interest on late payment. If a payment is in arrears through no fault of the Supplier, the interest charged by the Supplier, if any, for any late payment shall not exceed the Bank of Canada’s prime rate, in effect on the date that the payment went into arrears.
Appears in 8 contracts
Samples: Maintenance and Operations Services Agreement, Tourism Initiatives Agreement, Master Agreement
Interest on late payment. If a payment is in arrears through no fault of the SupplierContractor, the interest charged by the SupplierContractor, if any, for any late payment shall not exceed the Bank of Canada’s prime rate, in effect on the date that the payment went into arrears.
Appears in 7 contracts
Samples: Master Agreement for Roster Framework, Master Agreement for Roster Framework, Master Agreement for Roster Framework
Interest on late payment. If a payment is in arrears through no fault of the Supplier, the interest charged by the Supplier, if any, for any late payment shall not exceed the Bank of Canada’s prime rate, rate in effect on the date that the payment went into arrears.. SAMPLE
Appears in 1 contract
Samples: Supply Agreement
Interest on late payment. If a payment is in arrears through no fault of the Supplier, the interest charged by the Supplier, if any, for any late payment shall not exceed the Bank of Canada’s prime rate, rate in effect on the date that the payment went into arrears.
Appears in 1 contract
Samples: Supply Agreement
Interest on late payment. SAMPLE If a payment is in arrears through no fault of the Supplier, the interest charged by the Supplier, if any, for any late payment shall not exceed the Bank of Canada’s prime rate, in effect on the date that the payment went into arrears.
Appears in 1 contract
Samples: Master Agreement
Interest on late payment. If a payment is in arrears through no fault of the SupplierConsultant, the interest charged by the SupplierConsultant, if any, for any late payment shall not exceed the Bank of Canada’s prime rate, in effect on the date that the payment went into arrears.
Appears in 1 contract
Interest on late payment. 5.6.1. If a payment is in arrears through no fault of the Supplier, the interest charged by the Supplier, if any, for any late payment shall not exceed the Bank of Canada’s prime rate, in effect on the date that the payment went into arrears.
Appears in 1 contract
Samples: Form of Agreement
