Common use of Late Payment Provision Clause in Contracts

Late Payment Provision. If any payment required under this Loan Agreement is ten (10) days or more late, Borrower will be charged two percent (2.0%) of the regularly scheduled payment.

Appears in 2 contracts

Samples: Loan and Security Agreement (Agritech Worldwide, Inc.), Loan and Security Agreement (Agritech Worldwide, Inc.)

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Late Payment Provision. If any payment required under this Loan Agreement is ten (10) days or more late, Borrower will be charged two five percent (2.05.0%) of the regularly scheduled paymentpayment or $25, whichever is greater.

Appears in 1 contract

Samples: Loan and Security Agreement (Better Choice Co Inc.)

Late Payment Provision. If any payment required under this Loan Agreement is ten (10) days or more late, Borrower will be charged two five percent (2.05.0%) of the regularly scheduled paymentpayment or Twenty-Five and no/100 Dollars ($25.00), whichever is greater.

Appears in 1 contract

Samples: Loan and Security Agreement (United American Healthcare Corp)

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Late Payment Provision. If any payment required under this Loan Agreement is ten (10) days or more late, late Borrower will be charged two percent (2.0%) a late fee of 5% of the regularly scheduled paymentamount than due.

Appears in 1 contract

Samples: Loan and Security Agreement (Total Apparel Group , Inc.)

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