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 the maximum legal rate or at an annual rate of 18%, whichever is less, shall accrue

Appears in 9 contracts

Samples: Lump Sum Design Build Agreement (US BioEnergy CORP), Engineering Services Agreement (Ethanol Grain Processors, LLC), Engineering Services Agreement (Millennium Ethanol, 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: Lump Sum Design Build Agreement (ASAlliances Biofuels, LLC), Engineering Services Agreement (ASAlliances Biofuels, LLC), Lump Sum Design Build Agreement (ASAlliances Biofuels, 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: Lump Sum Design Build Agreement (Advanced BioEnergy, LLC), Lump Sum Design Build Expansion Agreement (US BioEnergy CORP), Lump Sum Design Build Agreement (Advanced BioEnergy, 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 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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