Common use of Late or non-payment Clause in Contracts

Late or non-payment. If a payment is not made by a party in accordance with clause 4.4 or clause 4.6 then the party required to make the payment must pay interest on the amount for the period from the date the payment is due until the date of payment calculated in accordance with clause 4.8.

Appears in 2 contracts

Samples: Connection Agreement, Connection Agreement

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Late or non-payment. If a payment is not made by a party in accordance with clause 4.4 or clause 4.6 this agreement then the that party required to make the payment must pay interest on the amount for the period from the date the payment is due until the date of payment calculated in accordance with clause 4.816.6.

Appears in 1 contract

Samples: Interface Works Construction Agreement

Late or non-payment. If a payment is not made by a party in accordance with clause 4.4 12.4 or clause 4.6 then 12.6 the party required to make the payment must pay interest on the amount for the period from the date the payment is due until the date of payment calculated in accordance with clause 4.812.8.

Appears in 1 contract

Samples: Network Operation Agreement

Late or non-payment. If a payment is not made by a party in accordance with clause 4.4 or clause 4.6 this agreement then the that party required to make the payment must pay interest on the amount for the period from the date the payment is due until the date of payment calculated in accordance with clause 4.810.5.

Appears in 1 contract

Samples: www.tasnetworks.com.au

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Late or non-payment. If a party fails to make a payment is not made by a party in accordance with clause 4.4 or clause 4.6 X 7.3X then the that party required to make the payment must pay interest on the amount for the period from the date the payment is due until the date of payment calculated in accordance with clause 4.8.X7.7X.

Appears in 1 contract

Samples: Asset Relocation Agreement

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