Common use of Late Payment and Interest Clause in Contracts

Late Payment and Interest. If Client fails to make payment within thirty (30) days after receipt of Monthly Invoice, interest at maximum legal rate or at an annual rate of 18%, whichever is less, shall accrue

Appears in 9 contracts

Samples: License Agreement (ASAlliances Biofuels, LLC), Services Agreement (ASAlliances Biofuels, LLC), License Agreement (ASAlliances Biofuels, LLC)

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Late Payment and Interest. If Client fails to make payment within thirty (30) days after receipt of Monthly Invoice, interest at the maximum legal rate or at an annual rate of 18%, whichever is less, shall accrue

Appears in 9 contracts

Samples: License Agreement (US BioEnergy CORP), Engineering Services Agreement (Highwater Ethanol LLC), Engineering Services Agreement (Minnergy LLC)

Late Payment and Interest. If Client fails to make payment within thirty (30) days after receipt of Monthly Invoice, interest at the maximum legal rate or at an annual rate of 18%, whichever is less, shall accrue.

Appears in 6 contracts

Samples: License Agreement (Advanced BioEnergy, LLC), License Agreement (Advanced BioEnergy, LLC), License Agreement (US BioEnergy CORP)

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Late Payment and Interest. If Client fails to make payment within thirty (30) days after receipt of Monthly Invoice, interest at maximum legal rate or at an annual rate of 18%, whichever is less, shall accrueaccrue * Material has been omitted pursuant to a request for confidential treatment and such materials have been filed separately with the Securities and Exchange Commission.

Appears in 1 contract

Samples: Engineering Services Agreement (Advanced BioEnergy, LLC)

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