Common use of Late Interest Clause in Contracts

Late Interest. If either ▇▇▇▇▇▇▇▇ or WinStar fails to make any payment under this Agreement when due, such amounts shall accrue interest, from the date such payment is due until paid, including accrued interest, at the Prime Rate.

Appears in 7 contracts

Sources: Iru Agreement (Winstar Communications Inc), Wireless Fibersm Iru Agreement (Winstar Communications Inc), Wireless Fibersm Iru Agreement (Winstar Communications Inc)

Late Interest. If either ▇▇▇▇Will▇▇▇▇ or ▇▇ WinStar fails to make any payment under this Agreement when due, such amounts shall accrue interest, from the date such payment is due until paid, including accrued interest, at the Prime Rate.

Appears in 4 contracts

Sources: Wireless Fiber Iru Agreement (Williams Communications Group Inc), Iru Agreement (Williams Communications Group Inc), Wireless Fiber Iru Agreement (Williams Communications Group Inc)