Late Payment Penalty. When a Member or a Specified Corporate User neglects to fulfill the executing monetary obligations under this Agreement, or an Individual Contract, the Member or a Specified Corporate User shall pay the delayed payment to DBS at an annual rate of 14.6% on a pro rata basis (calculated on a daily basis with a year being equal to 365 days).
Appears in 36 contracts
Samples: Community Cycle Service Agreement, Community Cycle Service Agreement, Docomo Community Cycle Service Agreement
Late Payment Penalty. When a Member or a Specified Corporate User neglects to fulfill the executing monetary obligations under this Agreement, or an Individual Contract, the Member or a Specified Corporate User shall pay the delayed payment to DBS at an annual rate of 14.6% on a pro rata basis (calculated on a daily basis with a year being equal to 365 days).
Appears in 1 contract
Samples: Uminote Cycle Service Agreement
Late Payment Penalty. When a Member or a Specified Corporate User neglects to fulfill the executing monetary obligations under this Agreement, or an Individual Contract, the Member or a Specified Corporate User shall pay the delayed payment to DBS our corporation at an annual rate of 14.6% on a pro rata basis (calculated on a daily basis with a year being equal to 365 days).
Appears in 1 contract
Samples: docomo-cycle.jp