Common use of Interest on Monies Due Clause in Contracts

Interest on Monies Due. Any amounts due from Dealer to XxxXx pursuant to the terms hereof, will bear interest from the date becoming due to the date of actual payment in good funds at the rate of one and a half percent (1.5%) per month.

Appears in 4 contracts

Samples: Dealer Agreement, Dealer Agreement, Dealer Agreement

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