Late Charges for Overdue Payments. If the Note Holder has not received the full amount of any payment by the end of ___________ calendar days after the date it is due, I will pay a late charge to the Note Holder. The amount of the charge will be _____% of my overdue payment.
Late Charges for Overdue Payments. If Lender has not received the full amount of any monthly payment or any amount due under any Loan Document within 15 days after it is due, then Borrower must pay a late charge to Lender (“Late Charge”) immediately and without demand by Xxxxxx. The amount of the Late Charge will be 4% of any overdue payment or amount. Borrower will pay this Late Charge promptly but only once on each late payment. If the Loan is not fully amortizing, no Late Charge will be due on the final payment of the unpaid Principal Amount owed on the Maturity Date. North Dakota PURSUANT TO NORTH DAKOTA CENTURY CODE SECTION 32-19-06.1, BORROWER IS HEREBY PUT ON NOTICE THAT XXXXXX MAY HAVE THE RIGHT TO PROCEED TO OBTAIN AND COLLECT A DEFICIENCY JUDGMENT, TOGETHER WITH FORECLOSURE OF THE MORTGAGED PROPERTY UNDER APPLICABLE LAWS. Ohio None Oklahoma None Oregon None Pennsylvania None Rhode Island None South Carolina None South Dakota None Tennessee None
Late Charges for Overdue Payments. If the Lender has not received any payment within ten (10) days after its due date, I will pay the Lender a late charge of 6% of the payment. This charge will be paid with the late payment, or else it will be deducted from the next payment.
Late Charges for Overdue Payments. If the Note Holder has not received the full amount of any monthly payment when due, Borrower shall pay a late charge to the Note Holder in accordance with the Loan Agreement.
Late Charges for Overdue Payments. If Lender has not received the full amount of any Monthly Payment by the date it is due, Borrower shall pay a late charge to Lender. The amount of such late charge will be four percent (4%) of such overdue payment which shall be calculated as of the date such payment was originally due. Borrower will pay such late charge promptly but only once on each late payment. Such late charge represents the reasonable estimate of Xxxxxx and Borrower of a fair average compensation for the loss that may be sustained by Lender due to the failure of Borrower to make timely Monthly Payments. Such late charge shall be paid without prejudice to the right of Lender to collect any other amounts provided to be paid upon an Event of Default, including without limitation interest at the Default Rate, or to declare a default hereunder, under the Security Instrument or under any of the other Loan Documents. Borrower recognizes (i) that its default in making, when due, any payment under this Note or under any of the other Loan Documents, or the occurrence of any other Event of Default, will result in (x) Lender incurring additional expenses in servicing and administering the Loan, (y) in loss to the Lender of the use of the overdue payment and (z) frustration to Lender in meeting its other financial and loan commitments, and (ii) that the damages caused thereby would be extremely difficult and impractical to ascertain. Borrower agrees (aa) that an amount equal to such late charge plus the accrual of interest at the Default Rate pursuant to Section 5 below is a reasonable estimate of the damage to Lender in the event of an overdue payment and (bb) that the accrual of interest at the Default Rate following any other Event of Default is a reasonable estimate of the damage to Lender in the event of such other Event of Default, regardless of whether there has been an acceleration of this Note.
Late Charges for Overdue Payments. Any installment of principal or interest not received by Lender by the end of the fifteenth (15th) calendar day after the date it is due shall bear interest from such due date until such amount is fully paid at the interest rate in effect at that time, as may be increased or decreased based on the interest rate group assigned by Lender to Borrower, plus 4.00% per annum. Filing Ref. : Limoneira Company Loan Number: 8001790
Late Charges for Overdue Payments. Any installment or other sum owing under this Account not received by Lender by the end of the fifteenth (15th) calendar day after the date it is due shall bear interest from such due date until such amount is fully paid at the interest rate in effect for this Loan Account as may be increased or decreased based on the interest rate group assigned by Lender to Borrower plus 4.00% per annum.
Late Charges for Overdue Payments. If ESSA/Indy Force Soccer Club has not received the full monthly payment amount due by the end of 10 calendar days after the date is due, I will pay a late charge to ESSA/Indy Force Soccer Club. The amount of the late charge shall be equal to the maximum amount allowable, on the date it was incurred, by the State of Indiana’s statute.
Late Charges for Overdue Payments. If the County has not received the full amount of any monthly payment by the end of ten (10) calendar days after the date it is due, PCRC will pay a late charge to the County. The amount of the charge will be 6% of the overdue payment. PCRC will promptly pay the late charge, but only once on each late payment. The late charges may be deducted from any payments the County is contractually obligated to make to PCRC under any current agreement between the County and PCRC.
Late Charges for Overdue Payments. Notwithstanding any applicable grace period or any other remedies available to the Note Holder, if the Note Holder has not received the full amount of any payment by the end of five (5) calendar days after the date it is due, the Borrower shall pay a late charge to the Note Holder. The amount of the late charge will be 5 % of the overdue payment, and shall be due and payable on the date such overdue payment is finally made. The Borrower and the Note Holder agree that this late charge is a fair and reasonable charge for the late payment, and shall not be deemed to be a penalty.
