LATE PAYMENT AND NSF CHARGES. In the event any installment payment of principal and/or interest is more than ten (10) days past due, Borrower promises to pay, in addition to the amount otherwise due hereunder, a delinquency charge of 5.00% of the unpaid portion of the regularly schedule payment, but not more than $1,000.00. In the event that any payment under this Note by check or preauthorized charge is later dishonored or returned to Bank unpaid due to insufficient funds, Xxxxxxxx agrees to pay Bank an additional NSF check charge equal to $25.00.
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Samples: Commercial Term Note (Viemed Healthcare, Inc.), Commercial Term Note (Viemed Healthcare, Inc.), Commercial Note (Viemed Healthcare, Inc.)
LATE PAYMENT AND NSF CHARGES. In the event any installment payment of principal and/or interest is more than ten (10) days past due, Borrower promises to pay, in addition to the amount otherwise due hereunder, a delinquency charge of 5.00% of the unpaid portion of the regularly schedule payment, but not more than $1,000.00. In the event that any payment under this Note hereunder by check or preauthorized charge is later dishonored or returned to Bank any Lender unpaid due to insufficient funds, Xxxxxxxx Borrower agrees to pay Bank to such applicable Lender an additional NSF check charge equal to $25.00.
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