Late payment interests. Refer to the Common Contractual Conditions. (Annex 7.1) IV. LIABILITY AND INSURANCE
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).
Late payment interests. If Partner fails to pay an amount by the due date, Partner shall automatically be in default (verzuim) by operation of law without any further notice being required. EVBox may assign the collection to a collection agency at any time starting from the moment Partner are in default. In that event, and notwithstanding any other rights and remedies EVBox may have under applicable law, EVBox has the right to charge Partner (i) interest on all due and unpaid amounts from the due date of the unpaid invoice at a rate of 1% per month above the statutory interest for commercial agreements applying under applicable law, and
Late payment interests. 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. 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 17 of this Agreement, without terminating this Agreement, and/or to terminate this Agreement pursuant to Article 13 hereunder.
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.
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.
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.
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%.
B. Late payment interests shall be owed even if the Transferee did not declare the termination of this Agreement pursuant to Clause 40. Late payment interests shall not be exclusive of payment of a compensation to remedy certain and specific damages suffered by the Transferee, in accordance with the provisions of Clause 42.
Late payment interests. A. In the event that an Originator fails to pay the Transferee any sum whatsoever owed under this Agreement on the day it is due and payable, the relevant Originator shall pay the Transferee, to the extent permitted by applicable law, late payment interests computed over the period between the due date and the actual date on which said sum is paid, at a rate of interest per annum equal to EONIA + 1.00%.
B. Late payment interests shall be owed even if the Transferee did not declare the termination of this Agreement pursuant to Clause 40. Late payment interests shall not be exclusive of payment of a compensation to remedy certain and specific damages suffered by the Transferee, in accordance with the provisions of Clause 42.
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.
