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Common use of Late Payment Clause in Contracts

Late Payment. If the Borrower is late by more than [#] days for any payment due, it shall be considered late. If a payment is late, the Borrower shall be: (check one) ☐ – Charged a

Appears in 45 contracts

Samples: Personal Loan Agreement, Personal Loan Agreement, Personal Loan Agreement

Late Payment. If the Borrower is late by more than [#] days for any payment due, it shall be considered late. If a payment is late, the Borrower shall be: (check one) ☐ – Charged aa Late Fee. The Borrower shall be charged a late fee equal to: [LATE FEE AMOUNT] ☐ – Not Charged a Late Fee. The Borrower shall not be charged a late fee.

Appears in 7 contracts

Samples: Personal Loan Agreement, Personal Loan Agreement, Loan Agreement

Late Payment. If the Borrower is late by more than [#] days for any payment due, it shall be considered late. If a payment is late, the Borrower shall be: (check one) ☐ – Charged a.

Appears in 6 contracts

Samples: Loan Agreement, Loan Agreement, Interest Only Loan Agreement

Late Payment. If the Borrower is late by more than [#] ____ days for any payment due, it shall be considered late. If a payment is late, the Borrower shall be: (check one) ☐ – Charged a)

Appears in 5 contracts

Samples: Personal Loan Agreement, Loan Agreement, Loan Agreement

Late Payment. If the Borrower is late by more than [#] days for any payment due, it shall be considered late. If a payment is late, the Borrower shall be: (check one) ☐ – Charged a)

Appears in 5 contracts

Samples: Loan Agreement, Personal Loan Agreement, Loan Agreement

Late Payment. If the Borrower Debtor is late by more than [#] days for any payment due, it shall be considered late. If a payment is late, the Borrower Debtor shall be: (check one) ☐ – Charged aa Late Fee. The Debtor shall be charged a late fee equal to: [LATE FEE AMOUNT] ☐ – Not Charged a Late Fee. The Debtor shall not be charged a late fee. VIII.

Appears in 5 contracts

Samples: Payment Agreement, Installment Payment Agreement, Payment Agreement

Late Payment. If the Borrower is late by more than [#] [#] days for any payment due, it shall be considered late. If a payment is late, the Borrower shall be: (check one) ☐ – Charged a)

Appears in 2 contracts

Samples: Personal Loan Agreement, Family Loan Agreement

Late Payment. If the Borrower Debtor is late by more than [#] days for any payment due, it shall be considered late. If a payment is late, the Borrower Debtor shall be: (check one) ☐ – Charged aa Late Fee. The Debtor shall be charged a late fee equal to: [LATE FEE AMOUNT] ☐ – Not Charged a Late Fee. The Debtor shall not be charged a late fee.

Appears in 2 contracts

Samples: Payment Agreement, Land Advance Payment Agreement

Late Payment. If the Borrower is late by more than [#] days for any payment due, it shall be considered late. If a payment is late, the Borrower shall be: (check one) ☐ – Charged a

Appears in 1 contract

Samples: Loan Agreement