Common use of INTEREST ON OVERDUE ACCOUNTS Clause in Contracts

INTEREST ON OVERDUE ACCOUNTS. Interest shall accrue at the Default Rate on the outstanding balance of all overdue amounts payable under clause 5, calculated daily.

INTEREST ON OVERDUE ACCOUNTS. Interest shall accrue at the Default Rate on the outstanding balance of all overdue amounts payable under clause 54.3, calculated daily.

INTEREST ON OVERDUE ACCOUNTS. Interest shall accrue at the Default Rate on the outstanding balance of all overdue amounts payable under clause 57, calculated daily.