Common use of Late Payment and Interest Clause in Contracts

Late Payment and Interest. If payment is not made on the due date, the Supplier shall be entitled, without limiting any other rights it may have, to charge interest on the outstanding amount (both before and after any judgment) at the rate of [specify] % per annum.

Appears in 2 contracts

Samples: International Supply of Services Agreement, Itc Model Contract for the International Supply of Services

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Late Payment and Interest. If payment is not made on the due date, the Supplier supplier shall be entitled, without limiting any other rights it may have, to charge interest on the outstanding amount (both before and after any judgment) at the rate of [specify] % per annum.

Appears in 2 contracts

Samples: International Contract Manufacture Agreement, International Contract Manufacture Agreement

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