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Common use of Late Payment Charges Clause in Contracts

Late Payment Charges. If either Party fails to remit payment for any charges for services by the Bill Due Date, or if a payment or any portion of a payment is received by either Party after the Bill Due Date, or if a payment or any portion of a payment is received in funds which are not immediately available to the other Party as of the Bill Due Date (individually and collectively, “Past Due”), then a late payment charge shall be assessed. Past Due amounts shall accrue interest as provided in Section 26.6. Any late payment charges assessed on Disputed Amounts shall be paid or credited, as the case may be, as provided in Section 27.2.2. In no event, however, shall interest be assessed on any previously assessed late payment charges.

Appears in 6 contracts

Samples: Interconnection Agreement, Interconnection Agreement, Interconnection Agreement

Late Payment Charges. If either Party fails to remit payment for any charges for services by the Bill Due Date, or if a payment or any portion of a payment is received by either Party after the Bill Due Date, or if a payment or any portion of a payment is received in funds which are not immediately available to the other Party as of the Bill Due Date (individually and collectively, “Past Due”), then a late payment charge shall be assessed. Past Due amounts shall accrue interest as provided in Section 26.627.6. Any late payment charges assessed on Disputed Amounts shall be paid or credited, as the case may be, as provided in Section 27.2.228.2.2. In no event, however, shall interest be assessed on any previously assessed late payment charges.

Appears in 4 contracts

Samples: Interconnection Agreement, Interconnection Agreement, Interconnection Agreement

Late Payment Charges. If either Party fails to remit payment for any charges for services by the Bill Due Date, or if a payment or any portion of a payment is received by either Party after the Bill Due Date, or if a payment or any portion of a payment is received in funds which are not immediately available to the other Party as of the Bill Due Date (individually and collectively, “Past Due”), then a late payment charge shall may be assessed; provided, however, Ameritech’s billing system will automatically access late payment charges and will refund such charges when appropriate. Past Due amounts shall accrue interest as provided in Section 26.6. Any late payment charges assessed on Disputed Amounts shall be paid or credited, as the case may be, as provided in Section 27.2.2. In no event, however, shall interest be assessed on any previously assessed late payment charges.

Appears in 2 contracts

Samples: Interconnection Agreement, Interconnection Agreement

Late Payment Charges. If either Party fails to remit payment for any charges for services by the Bill Due Date, or if a payment or any portion of a payment is received by either Party after the Bill Due Date, or if a payment or any portion of a payment is received in funds which are not immediately available to the other Party as of the Bill Due Date (individually and collectively, "Past Due"), then a late payment charge shall be assessed. Past Due amounts shall accrue interest as provided in Section 26.627.6. Any late payment charges assessed on Disputed Amounts shall be paid or credited, as the case may be, as provided in Section 27.2.228.2.2. In no event, however, shall interest be assessed on any previously assessed late payment charges.

Appears in 1 contract

Samples: Interconnection Agreement

Late Payment Charges. If either Party fails to remit payment for any charges for services by the Bill Xxxx Due Date, or if a payment or any portion of a payment is received by either Party after the Bill Xxxx Due Date, or if a payment or any portion of a payment is received in funds which are not immediately available to the other Party as of the Bill Xxxx Due Date (individually and collectively, “Past Due”Past Due), then a late payment charge shall be assessed. Past Due amounts shall accrue interest as provided in Section 26.627.6. Any late payment charges assessed on Disputed Amounts shall be paid or credited, as the case may be, as provided in Section 27.2.228.2.2. In no event, however, shall interest be assessed on any previously assessed late payment charges.

Appears in 1 contract

Samples: Interconnection Agreement

Late Payment Charges. If either Party fails to remit payment for any charges for services by the Bill Xxxx Due Date, or if a payment or any portion of a payment is received by either Party after the Bill Xxxx Due Date, or if a payment or any portion of a payment is received in funds which are not immediately available to the other Party as of the Bill Xxxx Due Date (individually and collectively, “Past Due”), then a late payment charge shall be assessed. Past Due amounts shall accrue interest as provided in Section 26.627.6. Any late payment charges assessed on Disputed Amounts shall be paid or credited, as the case may be, as provided in Section 27.2.228.2.2. In no event, however, shall interest be assessed on any previously assessed late payment charges.

Appears in 1 contract

Samples: Interconnection Agreement

Late Payment Charges. If either Party fails to remit payment for any charges for services by the Bill Xxxx Due Date, or if a payment or any portion of a payment is received by either Party after the Bill Xxxx Due Date, or if a payment or any portion of a payment is received in funds which are not immediately available to the other Party as of the Bill Xxxx Due Date (individually and collectively, “Past Due”), then a late payment charge shall be assessed. Past Due amounts shall accrue interest as provided in Section 26.6. Any late payment charges assessed on Disputed Amounts shall be paid or credited, as the case may be, as provided in Section 27.2.2. In no event, however, shall interest be assessed on any previously assessed late payment charges.

Appears in 1 contract

Samples: Interconnection Agreement

Late Payment Charges. If either Party fails to remit payment for any charges for services by the Bill Due Date, or if a payment or any portion of a payment is received by either Party after the Bill Due Date, or if a payment or any portion of a payment is received in funds which are not immediately available to the other Party as of the Bill Due Date (individually and collectively, “Past Due”), then a late payment charge shall be assessed. Past Due amounts shall accrue interest as provided in Section 26.6. Any late payment charges assessed on Disputed Amounts shall be paid or credited, as the case may be, as provided in Section 27.2.2. In no event, however, shall interest be assessed on any previously assessed late payment charges.in

Appears in 1 contract

Samples: Interconnection Agreement

Late Payment Charges. If either Party fails to remit payment for any charges for services by the Bill Xxxx Due Date, or if a payment or any portion of a payment is received by either Party after the Bill Xxxx Due Date, or if a payment or any portion of a payment is received in funds which are not immediately available to the other Party as of the Bill Xxxx Due Date (individually and collectively, "Past Due"), then a late payment charge shall be assessed. Past Due amounts shall accrue interest as provided in Section 26.6. Any late payment ------------ charges assessed on Disputed Amounts shall be paid or credited, as the case may be, as provided in Section 27.2.2. In no event, however, shall interest be assessed on any previously assessed late payment charges27.2.

Appears in 1 contract

Samples: Interconnection Agreement (Madison River Capital LLC)