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Common use of Late Payment Interest Clause in Contracts

Late Payment Interest. If the Customer fails to make payment by the agreed time, the Contractor shall be entitled to claim interest on any overdue amount, pursuant to the Act No. 100 of 17 December 1976 relating to Interest on Overdue Payments, etc. (Late Payment Interest Act).

Appears in 19 contracts

Samples: Development and Customisation Agreement, Operational Services Agreement, Purchasing Agreement

Late Payment Interest. β€Œ If the Customer fails to make payment by the agreed time, the Contractor shall be entitled to claim interest on any overdue amount, pursuant to the Act No. 100 of 17 December 1976 relating to Interest on Overdue Payments, etc. (Late Payment Interest Act).

Appears in 17 contracts

Samples: Purchase Agreement, Operational Services Agreement, Purchasing Agreement

Late Payment Interest. β€Œ If the Customer fails to make payment by the agreed time, the Contractor Consultant shall be entitled to claim interest on any overdue amount, pursuant to the Act No. 100 of 17 December 1976 relating to Interest on Overdue Payments, etc. (Late Payment Interest Act).

Appears in 5 contracts

Samples: Consultancy Assistance Agreement, Consultancy Assistance Agreement, Research and Development Agreement

Late Payment Interest. If the Customer fails to make payment by the agreed time, the Contractor Consultant shall be entitled to claim interest on any overdue amount, pursuant to the Act No. 100 of 17 December 1976 relating to Interest on Overdue Payments, etc. (Late Payment Interest Act).

Appears in 4 contracts

Samples: Consultancy Assistance Agreement, Consultancy Assignment Agreement, Consultancy Assignment Agreement

Late Payment Interest. If the Customer fails to make payment by pay at the agreed time, the Contractor shall be entitled to claim interest on any overdue amount, pursuant to the Act No. 100 of 17 December 1976 No. 100 relating to Interest on Overdue Payments, etc. (the Late Payment Interest Act).

Appears in 3 contracts

Samples: Sale and Purchase Agreement, Sale and Purchase Agreement, Maintenance Agreement

Late Payment Interest. If the Customer fails to make payment by the agreed time, the Contractor shall be entitled to claim interest on any overdue amount, pursuant amount according to the Act Nono. 100 of 17 December 1976 relating to Interest interest on Overdue Paymentslate payment, etc. (Late Payment Interest Act).

Appears in 2 contracts

Samples: Research and Development Agreement, Research and Development Agreement

Late Payment Interest. If the Customer fails to make payment by the agreed time, the Contractor shall be entitled to claim interest on any overdue amount, pursuant amount according to the Act Nono. 100 of 17 December 1976 relating to Interest interest on Overdue Paymentsoverdue payment, etc. (Late Payment Interest Act).

Appears in 2 contracts

Samples: Research and Development, Research and Development

Late Payment Interest. If the Customer Contractor fails to make payment by the agreed time, the Contractor Supplier shall be entitled to claim interest on any overdue amount, pursuant to the Act No. 100 of 17 December 1976 relating to Interest on Overdue Payments, etc. (Late Payment Interest Act).

Appears in 1 contract

Samples: Purchase Agreement

Late Payment Interest. If the Customer fails to make payment by the agreed time, the Contractor Supplier shall be entitled to claim interest on any overdue amount, pursuant to the Act No. 100 of 17 December 1976 relating to Interest on Overdue Payments, etc. (Late Payment Interest Act).

Appears in 1 contract

Samples: Call Off Agreement