LATE PAYMENT INTERESTS Sample Clauses

LATE PAYMENT INTERESTS. ‌ Refer to the Common Contractual Conditions. (Annex 7.1)
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LATE PAYMENT INTERESTS. If the Buyer fails to pay at the agreed time, the Supplier shall be entitled to claim interest on any overdue amount, pursuant to the Act of 17 December 1976 No. 100 relating to Interest on Overdue Payments, etc. (the Late Payment Interest Act).
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LATE PAYMENT INTERESTS. 2.1 Should the Borrower fail to repay the Loan Amount and pay the Interest, pursuant to the Payments Schedule and/or Payments Date, and/or to pay the Charges due to Lender (the “Outstanding Amounts”) then, the Borrower shall be liable to pay to the Lender the Late Payment Interest determined and calculated pursuant to the Schedule of Interest and Charges, as in force at the moment of application. 2.2 The application of the Late Payment Interest pursuant to the above provision, is without prejudice to the Lender’s entitlement to start the enforcement procedures envisaged in Article Error! Reference source not found. of this Agreement, without terminating this Agreement, and/or to terminate this Agreement pursuant to Article Error! Reference source not found. hereunder.
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LATE PAYMENT INTERESTS. A. In the event that the Originator fails to pay the Transferee any sum whatsoever owed under this Agreement on the day it is due and payable, the Originator shall pay the Transferee, to the extent permitted by applicable law, late payment interests computed over the period between the due HENGELER XXXXXXX BNP / Ingram GMRTSA date and the actual date on which said sum is paid, at a rate of interest per annum equal to EONIA+1.00%.
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LATE PAYMENT INTERESTS. If the payments that THE EVALUATOR has to do in favor of the XXX under this contract are not made in the terms provided, THE EVALUATOR shall pay late payment interests at the maximum rate allowed by law.
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LATE PAYMENT INTERESTS. Any delay by either Party in the performance of any of the financial obligations arising out of the enforcement of this Agreement shall cause the other Party to pay a penalty interest computed prorata temporis, on the basis of a year of three hundred and sixty (365) days, at a rate of five per cent (5%) per annum.
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LATE PAYMENT INTERESTS. For the purposes of this POLICY-AGREEMENT, if applicable, the interest rate applicable in respect of the different events that give rise to the accrual of interest, will be at the rate of the Annual Cost of Term Deposits of liabilities denominated in Investment Units of the country’s Commercial Banks or whatever instrument might legally replace it, published in the Official Gazette of the Federation in the month immediately preceding that in which the calculation is made, divided by twelve (12). Interest is accrued on a monthly basis, starting in the month in which the default in the obligation takes place that gives rise to the accrual of interest and until the month in which the payment is made, even when only a fraction thereof has passed, multiplied by 1.25. To this end, the provisions of articles 276 and 278 of the Financial and Surety Institutions Act shall apply.
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LATE PAYMENT INTERESTS. INNOQUANT may demand an interest for late payments, according to Law 48/2015 of General State Budgets published in Official Bulletin of the Spanish State Number 260 of October 30, 2015, applicable between the due date and the date of the actual payment of the corresponding amount, both before and after judgment, on the amount corresponding to the Price pending payment. The CUSTOMER will be responsible for any reasonable expenses (including attorneys' fees and expenses) incurred by INNOQUANT in the collection of any amounts due and payable that are pending, except in the event that such amounts result from any errors in the INNOQUANT billing system.
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Related to LATE PAYMENT INTERESTS

  • 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).

  • Late Payments If any undisputed amount in an invoice of the Transfer Agent (for fees or reimbursable expenses) is not paid when due, the Fund shall pay the Transfer Agent interest thereon (from the due date to the date of payment) at a per annum rate equal to one percent (1.0%) plus the Prime Rate (that is, the base rate on corporate loans posted by large domestic banks) published by The Wall Street Journal (or, in the event such rate is not so published, a reasonably equivalent published rate selected by the Fund) on the first day of publication during the month when such amount was due. Notwithstanding any other provision hereof, such interest rate shall be no greater than permitted under applicable provisions of Massachusetts law.

  • Late Payment Fee If your account is subject to a Late Payment Fee, the fee will be charged to your account when you do not make the required minimum payment by or within the number of days of the statement Payment Due Date set forth on the Disclosure accompanying this Agreement.

  • Late Payment Timeliness of payment and any interest to be paid to Contractor for late payment shall be governed by Article 11-A of the State Finance Law to the extent required by law.

  • Late Payment Rent Late payment by Tenant to Landlord of Rent and other sums due will cause Landlord to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult and impracticable to ascertain. Such costs include, but are not limited to, processing and accounting charges and late charges which may be imposed on Landlord under any Mortgage covering the Premises. Therefore, if any installment of Rent due from Tenant is not received by Landlord within 5 days after the date such payment is due, Tenant shall pay to Landlord an additional sum equal to 6% of the overdue Rent as a late charge. Notwithstanding the foregoing, before assessing a late charge the first time in any calendar year, Landlord shall provide Tenant written notice of the delinquency and will waive the right if Tenant pays such delinquency within 5 days thereafter. The parties agree that this late charge represents a fair and reasonable estimate of the costs Landlord will incur by reason of late payment by Tenant. In addition to the late charge, Rent not paid when due shall bear interest at the Default Rate from the 5th day after the date due until paid.

  • Interest Rate Payments Subject to Holder's right to charge the Default Rate (as hereinafter defined) pursuant to Section 4 hereof, this Note shall bear interest, and Maker shall make payments as follows:

  • Interest Loan Payments Late Payment Charge 49 2.2.1 Payments. 49 2.2.2 Interest Calculation. 51

  • Late Payment Charges Except for Disputed Amounts, if a Party fails to remit payment for any charges for services by the Xxxx Due Date, or if a payment or any portion of a payment is received by a Party after the Xxxx Due Date, or if payment is not made by check that is currently dated and drawn on an account with sufficient available funds, then a late payment charge may be assessed as provided in Section 27.8.

  • Late Payment Charge If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of five percent (5%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgage and the other Loan Documents to the extent permitted by applicable law.

  • Payment of Principal, Premium, if any, and Interest The Company covenants and agrees for the benefit of the Holders of the Securities that it will duly and punctually pay the principal of and any premium and interest (including any Additional Interest) on the Securities in accordance with the terms of the Securities and this Indenture.

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