Common use of Late Interest Clause in Contracts

Late Interest. If either Xxxxxxxx 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

Samples: Iru Agreement (Winstar Communications Inc), Iru Agreement (Winstar Communications Inc), Iru Agreement (Winstar Communications Inc)

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Late Interest. If either Xxxxxxxx or Willxxxx xx 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

Samples: Iru Agreement (Williams Communications Group Inc), Iru Agreement (Williams Communications Group Inc), Iru Agreement (Williams Communications Group Inc)

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