Common use of Interest on late payment Clause in Contracts

Interest on late payment. On expiry of the payment periods specified in Article I.4, and without prejudice to Article II.14.7, the contractor is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in Euros (the reference rate) plus eight points. The reference rate shall be the rate in force on the first day of the month in which the payment period ends, as published in the C series of the Official Journal of the European Union. The suspension of the payment period in accordance with Article II.14.7 may not be considered as a late payment. Interest on late payment shall cover the period running from the day following the due date for payment up to and including the date of actual payment as defined in Article II.14.1. However, when the calculated interest is lower than or equal to EUR 200, it shall be paid to the contractor only upon request submitted within two months of receiving late payment.

Interest on late payment. On expiry of the payment periods specified in Article I.4, and without prejudice to Article II.14.7I.6, the contractor (or leader in the case of a joint tender) is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in Euros euros (the reference rate) plus eight points. The reference rate shall be is the rate in force on the first day of the month in which the payment period endsforce, as published in the C series of the Official Journal of the European Union, on the first day of the month in which the payment period ends . The suspension Suspension of the payment period as provided for in accordance with Article II.14.7 may II.20.7 is not be considered as a giving rise to late payment. Interest on late payment shall cover covers the period running from the day following the due date for payment up to and including the date of actual payment as defined in Article II.14.1II.20.1. However, when the calculated interest is lower than EUR 200 or equal to EUR 200less, it shall must be paid to the contractor (or leader in the case of a joint tender) only upon request submitted if it requests it within two months of receiving late payment.

Interest on late payment. ‌ On expiry of the payment periods specified in Article I.4, and without prejudice to Article II.14.7I.6, the contractor (or leader in the case of a joint tender) is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in Euros euros (the reference rate) plus eight points. The reference rate shall be is the rate in force on the first day of the month in which the payment period endsforce, as published in the C series of the Official Journal of the European Union, on the first day of the month in which the payment period ends . The suspension Suspension of the payment period as provided for in accordance with Article II.14.7 may II.20.7 is not be considered as a giving rise to late payment. Interest on late payment shall cover covers the period running from the day following the due date for payment up to and including the date of actual payment as defined in Article II.14.1II.20.1. However, when the calculated interest is lower than EUR 200 or equal to EUR 200less, it shall must be paid to the contractor (or leader in the case of a joint tender) only upon request submitted if it requests it within two months of receiving late payment.

Interest on late payment. On expiry of the payment periods specified in Article I.4, and without prejudice to Article II.14.7II.15.6, the contractor is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in Euros (the reference rate) plus eight points. The reference rate shall be the rate in force on the first day of the month in which the payment period ends, as published in the C series of the Official Journal of the European Union. The suspension of the payment period in accordance with Article II.14.7 II.15.6 may not be considered as a late payment. Interest on late payment shall cover the period running from the day following the due date for payment up to and including the date of actual payment as defined in Article II.14.1II.15.1. However, when the calculated interest is lower than or equal to EUR 200, it shall be paid to the contractor only upon request submitted within two months of receiving late payment.

Interest on late payment. On expiry of the payment periods specified in Article I.4I.5, and without prejudice to Article II.14.7, the contractor Contractor is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in Euros (the reference rate) plus eight points. The reference rate shall be the rate in force on the first day of the month in which the payment period ends, as published in the C series of the Official Journal of the European Union. The suspension of the payment period in accordance with Article II.14.7 may not be considered as a late payment. Interest on late payment shall cover the period running from the day following the due date for payment up to and including the date of actual payment as defined in Article II.14.1. However, when the calculated interest is lower than or equal to EUR 200, it shall be paid to the contractor Contractor only upon request submitted within two months of receiving late payment.

Interest on late payment. On expiry of the payment periods specified in Article I.4, and without prejudice to Article II.14.7I.6, the contractor (or leader in the case of a joint tender) is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in Euros euros (the reference rate) plus eight points. The reference rate shall be is the rate in force on the first day of the month in which the payment period endsforce, as published in the C series of the Official Journal of the European Union, on the first day of the month in which the payment period ends. The suspension Suspension of the payment period as provided for in accordance with Article II.14.7 may II.20.7 is not be considered as a giving rise to late payment. Interest on late payment shall cover covers the period running from the day following the due date for payment up to and including the date of actual payment as defined in Article II.14.1II.20.1. However, when the calculated interest is lower than EUR 200 or equal to EUR 200less, it shall must be paid to the contractor (or leader in the case of a joint tender) only upon request submitted if it requests it within two months of receiving late payment.

Interest on late payment. ‌ On expiry of the payment periods specified in Article I.4, and without prejudice to Article II.14.7I.6, the contractor (or leader in the case of a joint tender) is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in Euros euros (the reference rate) plus eight points. The reference rate shall be is the rate in force on the first day of the month in which the payment period endsforce, as published in the C series of the Official Journal of the European Union, on the first day of the month in which the payment period ends. The suspension Suspension of the payment period as provided for in accordance with Article II.14.7 may II.20.7 is not be considered as a giving rise to late payment. Interest on late payment shall cover covers the period running from the day following the due date for payment up to and including the date of actual payment as defined in Article II.14.1II.20.1. However, when the calculated interest is lower than EUR 200 or equal to EUR 200less, it shall must be paid to the contractor (or leader in the case of a joint tender) only upon request submitted if it requests it within two months of receiving late payment.

Interest on late payment. On expiry of the payment periods specified in Article I.4, and without prejudice to Article II.14.7II.15.7, the contractor is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in Euros (the reference rate) plus eight points. The reference rate shall be the rate in force on the first day of the month in which the payment period ends, as published in the C series of the Official Journal of the European Union. The suspension of the payment period in accordance with Article II.14.7 II.15.8 may not be considered as a late payment. Interest on late payment shall cover the period running from the day following the due date for payment up to and including the date of actual payment as defined in Article II.14.1II.15.1. However, when the calculated interest is lower than or equal to EUR 200, it shall be paid to the contractor only upon request submitted within two months of receiving late payment.

Interest on late payment. On expiry of the payment periods specified in Article I.4, and without prejudice to Article II.14.7I.5, the contractor (or leader in the case of a joint tender) is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in Euros euros (the reference rate) ), plus eight points. The reference rate shall be is the rate in force on the first day of the month in which the payment period endsforce, as published in the C series of the Official Journal of the European UnionUnion on the first day of the month in which the payment period ends. The suspension Suspension of the payment period as provided for in accordance with Article II.14.7 may II.20.7 is not be considered as a giving rise to late payment. Interest on late payment shall cover covers the period running from the day following the due date for payment up to and including the date of actual payment as defined in Article II.14.1II.20.1. However, when the calculated interest is lower than EUR 200 or equal to EUR 200less, it shall must be paid to the contractor (or leader in the case of a joint tender) only upon request submitted if it requests it within two months of receiving late payment.

Interest on late payment. On expiry of the payment periods specified in Article I.4the Order Form, and without prejudice to Article II.14.715.6, the contractor Contractor is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in Euros (the reference rate) plus eight points. The reference rate shall be the rate in force on the first day of the month in which the payment period ends, as published in the C series of the Official Journal of the European Union. The suspension of the payment period in accordance with Article II.14.7 15.6 may not be considered as a late payment. Interest on late payment shall cover the period running from the day following the due date for payment up to and including the date of actual payment as defined in Article II.14.115.1. However, when the calculated interest is lower than or equal to EUR 200, it shall be paid to the contractor Contractor only upon request submitted within two months of receiving late payment.

Interest on late payment. ‌ On expiry of the payment periods specified in Article I.4, and without prejudice to Article II.14.7I.5, the contractor (or leader in the case of a joint tender) is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in Euros euros (the reference rate) ), plus eight points. The reference rate shall be is the rate in force on the first day of the month in which the payment period endsforce, as published in the C series of the Official Journal of the European UnionUnion on the first day of the month in which the payment period ends. The suspension Suspension of the payment period as provided for in accordance with Article II.14.7 may II.20.7 is not be considered as a giving rise to late payment. Interest on late payment shall cover covers the period running from the day following the due date for payment up to and including the date of actual payment as defined in Article II.14.1II.20.1. However, when the calculated interest is lower than EUR 200 or equal to EUR 200less, it shall must be paid to the contractor (or leader in the case of a joint tender) only upon request submitted if it requests it within two months of receiving late payment.