Common use of Late Payment Surcharge Clause in Contracts

Late Payment Surcharge. In the event of payment of a Monthly Bill by the Buying Entity beyond the Due Date, a Late Payment Surcharge (LPS) shall be payable by the Buying Entity to SECI on the outstanding payment as per applicable LPS rule notified by MoP or any subsequent amendments, at the base rate of Late Payment Surcharge applicable for the period for the first month of default. “

Late Payment Surcharge. In the event of payment of a Monthly Bill Xxxx by the Buying Entity beyond 30 days after the Due Date, a Late Payment Surcharge (LPS) shall be payable by the Buying Entity to SECI on the outstanding payment as per applicable LPS rule notified by MoP or any subsequent amendmentspayment, at the base rate of Late Payment Surcharge applicable for the period for the first month of default. “

Late Payment Surcharge. In the event of payment of a Monthly Bill by the Buying Entity beyond the Due Date, a Late Payment Surcharge (LPS) shall be payable by the Buying Entity to SECI on the outstanding payment payment, as per applicable LPS rule notified Late Payment Surcharge Rules 2022 as amended from Time to Time. The Late Payment Surcharge shall be claimed by MoP or any subsequent amendments, SECI through the Supplementary Bill. Late Payment Surcharge shall be payable on the outstanding payment beyond the Due Date at the base rate of Late Payment Surcharge applicable for the period for the first month of default. “.

Late Payment Surcharge. In In the event of payment of a Monthly Bill Xxxx by the Buying Entity beyond the Due Date, a Late Payment Surcharge (LPS) shall be payable by the Buying Entity to SECI on the outstanding payment as per applicable LPS rule notified by MoP or any subsequent amendmentspayment, at the base rate of Late Payment Surcharge applicable for the period for the first month of default. “

Late Payment Surcharge. In the event of payment of a Monthly Bill by the Buying Entity beyond the Due Date, a Late Payment Surcharge (LPS) shall be payable by the Buying Entity to SECI on the outstanding payment as per applicable LPS rule notified by MoP or any subsequent amendmentspayment, at the base rate of Late Payment Surcharge applicable for the period for the first month of default. “

Late Payment Surcharge. In In the event of payment of a Monthly Bill Xxxx by the Buying Entity beyond 30 days after the Due Date, a Late Payment Surcharge (LPS) shall be payable by the Buying Entity to SECI on the outstanding payment as per applicable LPS rule notified by MoP or any subsequent amendmentspayment, at the base rate of Late Payment Surcharge applicable for the period for the first month of default. “

Late Payment Surcharge. In the event of payment of a Monthly Bill by the Buying Entity beyond 30 days after the Due Date, a Late Payment Surcharge (LPS) shall be payable by the Buying Entity to SECI on the outstanding payment as per applicable LPS rule notified by MoP or any subsequent amendmentspayment, at the base rate of Late Payment Surcharge applicable for the period for the first month of default. “

Late Payment Surcharge. In the event of payment of a Monthly Bill by the Buying Entity beyond after the Due Date, a Late Payment Surcharge (LPS) shall be payable by the Buying Entity to SECI on the outstanding payment as per applicable LPS rule notified by MoP or any subsequent amendmentspayment, at the base rate of Late Payment Surcharge applicable for the period for the first month of default. “

Late Payment Surcharge. In In the event of payment of a Monthly Bill by the Buying Entity beyond the Due Date, a Late Payment Surcharge (LPS) shall be payable by the Buying Entity to SECI on the outstanding payment as per applicable LPS rule notified by MoP MOP or any subsequent amendments, at the base rate of Late Payment Surcharge applicable for the period for the first month of default. “