Common use of Late Payment Interest Clause in Contracts

Late Payment Interest. Any amount not paid by Customer within fourteen thirty (30) days after the date of the relevant invoice, absent any good faith dispute regarding the unpaid portion, will be subject to a late charge in the amount of one and one-half percent (1.5%) per month or the maximum amount allowable by law, whichever is less. Such interest shall accrue from the day after the date on which payment is due up to and including the date on which payment is received by DE-CIX.

Late Payment Interest. Any amount not paid by Customer within fourteen thirty (30) days after the date of the relevant invoice, absent any good faith dispute regarding the unpaid portion, will be subject to a late charge in the amount of one and one-half percent (1.5%) per month or the maximum amount allowable by lawlaw , whichever is less. Such interest shall accrue from the day after the date on which payment is due up to and including the date on which payment is received by DE-CIX.

Late Payment Interest. Any amount not paid by Customer within fourteen thirty (30) days after the date of the relevant invoice, absent any good faith dispute regarding the unpaid portion, will be subject to a late charge in the amount of one and one-half percent (1.5%) per month or the maximum amount allowable by law, whichever is less. Such interest shall accrue from the day after the date on which payment is due up to and including the date on which payment is received by DE-DE- CIX.