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.

Appears in 2 contracts

Samples: Manufacturing Licence and Supply Agreement (Glycotex, Inc.), Manufacturing Licence and Supply Agreement (Marshall Edwards Inc)

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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.

Appears in 1 contract

Samples: Licence Agreement (Marshall Edwards Inc)

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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.

Appears in 1 contract

Samples: Agency Agreement (Glycotex, Inc.)

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