Late Fees and Interest. Client agrees to all late fees and interest charges to be charged to Client as applicable in the SOW.
Late Fees and Interest. We incur substantial costs and expenses in the performance of this Contract and your failure to make timely payments subjects us to substantial losses. You agree that time is of the essence in your payment, and that you will pay strictly in accordance with the payment schedule. It is also agreed that if you are late with a payment, it would be extremely difficult or impractical to fix actual damages resulting from the late payment; therefore, you agree to pay us a late charge of $20.00 for the cost of administering the late payment for each month you are late. In addition, interest of 1.65% per month (19.8% Annual Percentage Rate) or the highest rate allowed by law will be charged on all past due principal amounts. In addition, a $25.00 service fee will be added for any dishonored check.
Late Fees and Interest. We incur substantial costs and expenses in the provisioning of your advertising and your failure to make timely payments subjects us to substantial losses. You agree that time is of the essence in your payment, and that you will pay strictly in accordance with the payment schedule. It is also agreed that if you are late with a payment, it would be extremely difficult or impractical to fix actual damages resulting from the late payment; therefore, you agree to pay us a late charge of $20.00 for the cost of administering the late payment for each month you are late. In addition, interest of 1.65% per month (19.8% Annual Percentage Rate) or the highest rate allowed by law will be charged on all past due principal amounts.
Late Fees and Interest. If any payment of the Occupancy Fee is not received by PRI within ten (10) days after its due date (and whether or not PRI has notified Student of such delinquency), Student shall pay to PRI on demand as a late charge an additional amount equal to Twenty–Five Dollars ($25.00) per late payment. A late charge shall not be imposed more than once on any particular installment not paid when due, but imposition of a late charge on any payment not made when due does not eliminate or supersede late charges imposed on other (prior) payments not made when due or preclude imposition of a late charge on other installments or payments not made when due. In addition to the late charges referred to above, which are intended to defray PRI’s costs resulting from late payments, any payment from Student to PRI not paid when due (including any late charges) shall at PRI’s option bear interest from the date due until paid to PRI by Student at the rate of eighteen percent (18%) interest per annum. Acceptance of any late charge and/or interest shall not constitute a waiver of Student’s default with respect to the overdue sum or prevent PRI from exercising any of its other rights and remedies under this Agreement. If Student presents a Dishonored Check to PRI, in addition to any late charges and interest Student shall pay to PRI a fee in the amount of Twenty Dollars ($20.00) (or the amount charged by local banks for dishonored checks, whichever is greater) for each instance. If Student presents more than two Dishonored Checks to PRI during the Term, PRI may require Student to make future Occupancy Fee payments by certified or cashier’s check.
Late Fees and Interest. Without waiving any other right of action available to City, in the event of any monetary default hereunder, if Concessionaire Tenant fails to pay when due any amount required to be paid by Concessionaire Tenant under this Concession Lease, City may charge a sum equal to five percent (5%) of such unpaid amount as a service fee. In addition, if Concessionaire Tenant fails to pay within ten (10) days of the date due any amount required to be paid by Concessionaire Tenant under this Concession Lease, such unpaid amount shall bear interest at the rate of eighteen percent (18%) per annum from the due date of such amount to the date of payment in full, with interest.
Late Fees and Interest. Financial Holds. All accounts not paid in full by the first day of each semester are subject to a late payment fee of $100.00. In addition, Regent University retains the right to charge interest on all unpaid balances at the rate of one and one-half percent per month, or if less, then the maximum legal rate, computed from the date of demand, until the Obligations are paid in full. I understand and agree that if I fail to pay my student account bill or any monies due and owing to Regent by the scheduled due date, Regent will place a financial hold on my student account, preventing me from registering for future classes, receiving transcripts, or receiving my diploma. I further agree to pay all costs, expenses, collection agency fees, and attorney fees related to the collection of the Obligation, to the fullest extent permitted by law, whether such fees are a fixed amount or are based on a percentage of the debt or the amount collected. I understand and agree that if I drop or withdraw from some or all of the classes for which I register, I will be responsible for paying all or a portion of tuition and fees in accordance with the published tuition refund schedule on Regent’s website. I have read the terms and conditions of the published tuition refund schedule and understand those terms are incorporated herein by reference. I further understand that my failure to attend class or receive a bill does not absolve me of my financial responsibility as described above.
Late Fees and Interest. 10% late fee ($950.00) for fees received by the University after due date plus interest in accordance with Sponsorship Agreement.
Late Fees and Interest. Any installment of Rent due hereunder that is not received by Lessor on or by the 10th day of the respective month in which it became due and payable, shall be assessed late payment fee of 5% of the unpaid amount due for each month or fraction thereof, or such lesser amount as may be the maximum amount permitted by law, until paid. All unpaid amounts due and owing as of the 11th day of the respective month in which they became due and payable shall accrue interest at a rate equal to the lesser of 18% per annum or the maximum non-usurious rate chargeable under applicable law. Any partial payments received by Lessor may, in Lessor’s sole and absolute discretion, be applied in the following order, first to the payment of any late fees then to the payment of any accrued interest, then to the payment of any attorneys’ fees and/or collection costs and lastly to any Rent due hereunder.
Late Fees and Interest. Any installments of Rent (as hereinafter defined) which are not paid within five (5) business days after the due date shall be subject each month to a late charge equal to five percent (5%) of the amount due, which shall be payable as Additional Rent. Any installment of Rent not paid within fifteen (15) business days from the date due, in addition to the aforesaid late charge, shall accrue interest at seven percent (7%) per annum (or the highest legal rate, if lower) until paid in full, which interest shall be deemed Additional Rent hereunder. Notwithstanding the foregoing, provided Landlord receives the late payment within three (3) business days following the date of Landlord’s notice to Tenant that Landlord did not receive such payment when due hereunder, Landlord agrees to waive the late charge and interest on such late payment up to one (1) time in any 12-month period, but not more than three (3) times during the Lease Term.
Late Fees and Interest. Client agrees to pay all services, fees, and costs of any underlying engagement, and payment is due upon receipt of our invoice. However, we acknowledge that a grant from ADEM is the source of payment for all services, fees and costs of the underlying engagement. Client agrees to promptly process our invoice and send it to ADEM for approval and funding. Once the funds are received by Client, Client will timely forward payment of the invoice. Failure to make timely payments may, upon notice, result in our termination of this MSA and any Engagement Letter(s).
