Late Payment Penalties. Any amount not paid within the contractual deadlines will be immediately and automatically subject to late payment penalties at the rate of 3 % (three percent) per year. The present clause shall not impede the enforceability of the receivable resulting from this contract.
Appears in 4 contracts
Samples: Recoverable Advance Aid Contract (Dynacure S.A.), Recoverable Advance Aid Contract (Dynacure S.A.), Recoverable Advance Aid Contract (Dynacure S.A.)