Late Charge Fee. If a regularly scheduled payment is fifteen (15) days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment or $10.00, whichever is greater.
Late Charge Fee. In the event that any payment, including, without limitation, interest or principal, required to be made by the Co-Borrowers under the Notes or under this Loan Agreement shall not be received by the Agent within fifteen (15) days of when due, the Agent, on behalf of the Lenders, may charge, and if so charged, the Co-Borrowers shall pay, a late charge of ($0.05) for each dollar ($1.00) of each delinquent payment for the purpose of defraying the expense incident to the handling of such delinquent payment. In no event shall said late charge fee be less than ten dollars ($10.00).
Late Charge Fee. Borrower shall pay the Lender a late charge fee equal to five percent (5%) of any monthly installment of principal, interest and/or fees and expenses not received by the Lender within ten (10) days of their respective due date. This fee shall be in addition to the application of the Default Interest Rate. Notwithstanding the foregoing, if Borrower has authorized Lender to direct debit Borrower’s account for monthly scheduled principal and interest due under this Agreement, provided there are sufficient funds in said account, any failure of Lender to timely make such debit shall not subject Borrower to either late charge fees hereunder or Default Interest Rate.
Late Charge Fee. In the event that any payment, including, without limitation, interest or principal, required to be made by the Borrower under the Equipment Line of Credit/Term Loan Note or under this Loan Agreement shall not be received by the Lender within fifteen (15) days of when due, the Lender may charge, and if so charged, the Borrower shall pay, a late charge of ($0.
Late Charge Fee. If a regularly scheduled payment is twenty (20) days or more late, Borrower will be charged 5.0% of the unpaid portion of the regularly scheduled payment or $25.00, whichever is greater, but in no event more than One Thousand ($1000.00) Dollars. If Lender demands payment of this Loan, and Borrower does not pay the Loan within twenty (20) days after Lender’s demand, Borrower will be charged either 5.0% of the unpaid principal plus accrued unpaid interest or $25.00, whichever is greater, but in no event more than One Thousand ($1000.00) Dollars. The Lender may, in its sole discretion, elect to waive the late charge fee in any instance, provided, however, its waiver in any one or more instances, shall not be construed as a waiver of its right to impose such late charge fee on any other occasion regardless of whether any prior notice of any kind is given.
Late Charge Fee. In the event that any payment, including, without limitation, interest or principal, required to be made by the Borrower under the Revolving Credit Loan Note or under this Loan Agreement shall not be received by the Lender within ten (10) days of when due, the Lender may charge, and if so charged, the Borrower shall pay, to the extent permitted by law, a late charge of ($0.05) for each dollar ($1.00) of each delinquent payment for the purpose of defraying the expense incident to the handling of such delinquent payment, which late charge shall not exceed $1,500.00 per occurrence.
Late Charge Fee. If the Borrower fails to pay any regularly scheduled payment due under the Loan Documents (including regularly scheduled interest payments, amounts due at maturity and amounts due upon acceleration of the Obligations after the occurrence of Event of Default) within ten (10) days following the date when due, the Bank may, at its option, whether immediately or at the time of final payment of the amounts evidenced by the Notes or secured by the Loan Documents, impose a delinquency or “late” charge equal to five percent (5%) of the amount of such past due payment, notwithstanding the date on which such payment is actually paid in full, and the amount thereof shall be secured by the Loan Documents and by any other collateral held by the Bank to secure such indebtedness. The Borrower acknowledges and agrees that any delinquency or “late” charges shall not be deemed to be additional interest or a penalty but shall be deemed to be liquidated damages because of the difficulty in computing the actual amount of damages in advance.
Late Charge Fee. In the event that any payment (other than a --------------- payment of principal and/or interest) required to be made by the Borrower under the Revolving Credit Loan Note or under this Loan Agreement shall not be received by the Lender within ten (10) days of when due, the Lender may charge, and if so charged, the Borrower shall pay, a late charge of ($0.05) for each dollar ($1.00) of each delinquent payment for the purpose of defraying the expense incident to the handling of such delinquent payment. In no event shall said late charge fee be less than ten dollars ($10.00).
Late Charge Fee. Borrowers shall pay to Agent, upon demand by Agent for the ratable benefit of the applicable Lenders, for each payment past due for fifteen (15) or more calendar days, a late fee in an amount equal to the lesser of (i) five percent (5%) of the amount of the payment past due or (ii) the maximum percentage of the payment past due permitted by applicable law, or the maximum amount if not expressed in a percentage.
Late Charge Fee. In the event that any payment, including, without limitation, interest or principal, required to be made by the Borrowers under the Notes or under this Loan Agreement shall not be received by any Agent within fifteen (15) days of when due, such Agent, on behalf of the applicable Lenders, may charge, and if so charged, the Borrowers shall pay, a late charge of (US$0.05) for each dollar (US$1.00) of each delinquent payment for the purpose of defraying the expense incident to the handling of such delinquent payment. In no event shall said late charge fee be less than Twenty-Five and 00/100 (US$25.00) Dollars or more than Twenty-Five Hundred and 00/100 (US$2,500.00) Dollars.
