Late Charges and Other Charges. The Company may impose an administrative late fee for any charges not paid in full by you on or prior to the applicable due date. If service is disconnected for nonpayment, the Company may, in addition to any outstanding balance and applicable late charges, impose a reconnect charge and/or require a security deposit before service is restored.
Late Charges and Other Charges. In the event any payment of interest required to be made hereunder is not made within 15 calendar days of the first day of each month, the date it is due, the Borrower shall pay a late charge to the Bank of 5% of the amount due or $25, whichever is greater. This charge must be paid within 30 days of the date it is assessed and will be charged only once on each late payment. If any amount due as the principal of this Note is not paid in full on or within five business days of the date of demand, such amount shall thereafter bear interest payable on demand at a fluctuating rate per annum equal to the greater of: (a) two percent (2%) above the Call Money rate (or one percent (1%) above the Prime Rate, if the Call Money rate is unavailable) in effect on such due date, or (b) two percent (2%) above the Call Money rate (or one percent (1%) above the Prime Rate, if the Call Money rate is unavailable) in effect from time to time thereafter. If due to either (i) the introduction of or any change in or in the interpretation of any law or regulation or (ii) the compliance with any guideline or request from any central bank or other governmental authority (whether or not having the force of law), in each case after the date of this Note, there shall be any increase in the cost to the Bank of agreeing to make or making, funding or maintaining any loan under this Note (excluding any such increased costs resulting from changes in the basis of taxation of overall net income or overall gross income of the Bank by the United States or any political subdivision thereof), then the Borrower shall, from time to time, within 5 business days after demand by the Bank, pay to the Bank additional amounts sufficient to compensate the Bank for such increased costs. If the Bank determines that compliance with any law or regulation or any guideline or request from any central bank or other governmental authority (whether or not having the force of law) introduced or changed after the date of this Note affects the amount of capital required to be maintained by the Bank and that the amount of such capital is increased by or based upon the existence of the Bank's loans hereunder, then, within 5 business days after demand by the Bank, the Borrower shall pay to the Bank additional amounts sufficient to compensate the Bank in the light of such circumstances. Bank shall notify the Borrower promptly after the occurrence of any event described in the two immediately preceding paragraphs, and Bor...
Late Charges and Other Charges. Lessee acknowledges that Lessee’s failure t o pay the rent when due will necessarily cause additional bookkeeping, administrative and other collection expenses to be incurred by Lessor. It is therefore agreed that in the event Lessee shall fail to pay an installment of rent for a period of five (5) days beyond the date on which it is due and payable, or shall make any payment due herein by a check which is returned by the bank for any reason, Lessee shall pay Lessor, as additional rent, an amount equal to five percent (5%) of the overdue amount as a Late Charge; a $25.00 charge for a check returned by the bank for any reason; and if a court having jurisdiction, a charge by $8.00. These charges are subject to change and are governed by the amounts that the Lessor is permitted to charge by the court of law having jurisdiction.
Late Charges and Other Charges. (a) Purchaser agrees that after the Final Closing and Settlement Date it will undertake its best efforts to collect from the Lessees upon cancellation of the Leases all the late charges and other charges and amounts (other than principal and interest) owed to Seller thereunder (the "Late and Other Charges") as of the Closing Date; provided, however, that all amounts received by Purchaser during the 45-day period following the Final Closing and Settlement Date that represent payments of late and other charges owed under any Lease shall be understood to first represent a collection of Late and Other Charges owed to Seller under such Lease. Purchaser's best efforts to collect Late and Other Charges shall include, to the extent permitted by law, withholding the transfer of title to the Vehicles and Equipment to Lessees until the payment in full of the Late and Other Charges. The exact amount of the Late and Other Charges covered hereunder shall be set forth in a closing document to be executed by both parties on the Closing Date. On the Closing Date, Purchaser shall deposit the amount of the Late and Other Charges shown in such document in an escrow account in Banco Popular de Puerto Rico (the "Escrow Agent").
Late Charges and Other Charges. (A) Late charges pursuant to subsection (D) of this Section 2.3 for a Product Advance for a calendar month shall be equal to (i) one twelfth (1/12) of the Delinquency Fee Rate multiplied by (ii) the Average Daily Balance of such Product Advance for the period when such Product Advance is past due during such calendar month multiplied by (iii) the actual number of days during such calendar month when such Product Advance is past due divided by (iv) thirty (30).
Late Charges and Other Charges. If we have not received the full amount of any payment by the end of ten (10) calendar days after it is due, You may be required to pay a late charge equal to five percent (5%) of the full amount of the scheduled payment (“Late Charge”). If any payment under this Agreement is made with a check, ACH transfer or other instrument that is dishonored for any reason, You agree to pay Us a returned item fee of Twenty-five dollars ($25) in addition to any other amount or charges You may owe Us (“Return Fee”). Other charges and fees may apply for extensions, deferrals and other requests you make of us during the course of this loan.
Late Charges and Other Charges. If all rent is not paid in full by the 5th day of each month, each delinquent Tenant shall pay $50.00 as the payment is delinquent. This late fee applies to each tenant that is late with rent. It is understood that this payment of $50.00 in unliquidated damages is not a penalty. A check, which is returned for any reason, is deemed non-payment of rent and is subject to late charges and additional administrative charge of $30.00 and may be charged without notice. Landlord may, at Xxxxxxxx’s option, demand that all sums payable under this lease be paid by cashier’s check or money order in lieu of personal checks. Landlord shall apply any payments first to any damages, repairs or administrative charges, if any, then to accrued late charges, if any, then to delinquent rent, if any, and lastly to the current month’s rent. Any default in the payment of rent shall not be deemed as cured until all charges and rents are paid. In the even of default in the payment of said charges, Landlord shall have the same remedies as upon default in the payment of rent. Lock out charge shall be $50.00 and may change without notice. Lock out service is at the discretion of Advanced Property Management, LLC. ALL FEE AMOUNTS MAY CHANGE WITHOUT NOTICE!!! ✔ E-Mail Opt In: Tenants will and may be served notices by this office via e-mail. E-mail addresses are required on all rental applications for every tenant. All lease violation notices and late notices will be sent electronically as well as followed up in hardcopy by either posting directly to the property or by standard US mail.
