Late payment Notice Sample Clauses

Late payment Notice. 146. The Contractor may give notice (“late payment notice”) to the PCT if the PCT has failed to make any payments due to the Contractor in accordance with Part 12 of this Contract. The Contractor shall specify in the late payment notice the payments that the PCT has failed to make in accordance with that Part.
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Late payment Notice. 146. The Contractor may give notice (“late payment notice”) to the Board if the Board has failed to make any payments due to the Contractor in accordance with Part 12 of this Contract. The Contractor shall specify in the late payment notice the payments that the Board has failed to make in accordance with that Part.
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Late payment Notice. CONTRACTOR shall send each Billing Customer that becomes delinquent or late a Late Payment Notice by mail or email, describing the late payment charge and amount owed by the Billing Customer and the collection actions that CONTRACTOR may take if CONTRACTOR does not receive payment within ten (10) days of the Late Payment Notice. Lien or Assessment Notices. CONTRACTOR shall send each Billing Customer and/or property owner that meets the CITY’s lienable status criteria (minimum 45 days past-due on the bill) a Notice of Intent to Lien (NOITL) or Notice of Intent to Assess (NOITA) based on the CITY’s lien cycle schedule. The CITY shall provide a template, on CITY letterhead, for the NOITL and NOITA, and shall include descriptions of fees and penalties related to lien collections. In the event that CONTRACTOR’s collection efforts fail, CONTRACTOR shall transfer the management of the delinquent amount for that Account to CITY for further collection via CITY’s lien process according to the CITY’s lien schedule. Transfer of the delinquent amount shall occur via electronic interface. Active Non-Lienable Accounts and Closed Accounts. CONTRACTOR agrees to comply with any applicable federal or California fair debt collection practices laws, including, without limitation, the Fair Debt Collection Practices Act. For active non-lienable Accounts, such as Home Owner Associations and government-owned property, CONTRACTOR shall transfer the management of the delinquent amount for collection to the CITY after attempting on at least four (4) occasions to solicit monies due. CONTRACTOR shall maintain documentation (retained as electronic records) to demonstrate that all reasonable collection efforts have been exhausted. CONTRACTOR shall provide the CITY with all the billing information for each active non-lienable account transferred to the CITY. Closed Accounts shall mean those Accounts where there is a change in ownership or service type. CONTRACTOR shall transfer the management of the delinquent amounts aged over ninety (90) days for closed Accounts to the CITY. CONTRACTOR shall provide the CITY with all the billing information for each closed account transferred to the CITY. On a monthly basis, CONTRACTOR shall notify the CITY of all closed Accounts with outstanding amounts due over thirty (30) days.
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Related to Late payment Notice

  • 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 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 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 Fees (a) The Servicer shall not waive any part of any Late Payment Fee unless (i) the collection of any Late Payment Fee would violate any relevant law or regulation or (ii) the waiving of the Late Payment Fee would otherwise benefit the Trust Fund and it is expected that the waiver would maximize recovery of total proceeds, taking into account the value of the Late Payment Fee and related Mortgage Loan and doing so is standard and customary in servicing similar Mortgage Loans (including the waiver of a Late Payment Fee in connection with a refinancing of a Mortgage Loan that is related to a default or reasonably foreseeable default).

  • Late Payment Surcharge In the event of delay in payment of a Monthly Xxxx by Buyer beyond thirty (30) days of its Due Date, a Late Payment Surcharge shall be payable to the SPD at the rate of 1.25% per month on the outstanding amount calculated on a day to day basis subject to such late payment being duly received by Buyer under the PSA from the Buying Entity(ies). The Late Payment Surcharge shall be claimed by the SPD through the Supplementary Xxxx.

  • 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 Penalty If any portion of the principal of or interest on this Debenture shall not be paid within ten (10) days of when it is due, the Discount Multiplier under this Debenture shall decrease by one percentage point (1%) for all conversions of this Debenture thereafter.

  • E-PAYMENT Contractor agrees to accept all payments in United States currency via the State of Mississippi’s electronic payment and remittance vehicle. The agency agrees to make payment in accordance with Mississippi law on “Timely Payments for Purchases by Public Bodies,” which generally provides for payment of undisputed amounts by the agency within forty-five (45) days of receipt of invoice. Mississippi Code Annotated § 31-7-301 et seq.

  • Interest on late payment Subject to clause 9.7, the Trader or the Distributor (as the case may be) must pay any Tax Invoice issued under this clause 9. If any part of a Tax Invoice that is properly due in accordance with this Agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice remains unpaid.

  • Acceptance/Payment Unless otherwise agreed to in writing by County, 1) acceptance shall not be deemed complete unless in writing and until all the goods/services have actually been received, inspected, and tested to the satisfaction of County, and 2) payment shall be made in arrears after satisfactory acceptance.

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