Common use of Late Payment Clause in Contracts

Late Payment. Save where alternative provisions for the payment of interest are contained in a separate consumer credit agreement made between the Parents and the School, simple interest may be charged on a day-to-day basis on Fees which are unpaid. The rate of interest charged will be at up to 1.5% per month accruing on a daily basis which represents a genuine pre-estimate of the cost to the School of a default. The Parents shall also be liable to pay all costs, fees, disbursements and charges including legal fees and costs reasonably incurred by the School in the recovery of any unpaid Fees regardless of the value of the School's claim.

Appears in 12 contracts

Samples: Parent Contract, Parent Contract, Parent Contract

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Late Payment. Save where alternative provisions for the payment of interest are contained in a separate consumer credit agreement made between the Parents and the School, simple interest may be charged on a day-to-day basis on Fees which are unpaid. The rate of interest charged will be at up to 1.5% per month accruing on a daily basis which represents a genuine pre-estimate of the cost to the School of a default. The Parents shall also be liable to pay all costs, fees, disbursements fees and charges including legal fees and costs reasonably incurred by the School in the recovery of any unpaid Fees regardless of the value of the School's claim.

Appears in 8 contracts

Samples: Terms and Conditions, Parent Contract, Terms and Conditions

Late Payment. Save where alternative provisions for the payment of interest are contained in a separate consumer credit agreement made between the Parents and the School, simple interest may be charged on a day-to-day basis on Fees which are unpaid. The rate of interest charged will be at up to 1.5% per month accruing on a daily basis which represents a genuine pre-estimate of the cost to the School of a defaultbasis. The Parents shall also be liable to pay all costs, fees, disbursements and charges including legal fees and costs reasonably incurred by the School in the recovery of any unpaid Fees regardless of the value of the School's claim.

Appears in 7 contracts

Samples: Terms and Conditions, Education Services Agreement, Contract

Late Payment. Save where alternative provisions for the payment of interest are contained in a separate consumer credit agreement made between the Parents and the School, simple interest may be charged on a day-to-day basis on Fees which are unpaid. The rate of interest charged will be at up to 1.58% per month annum over the base rate of the Bank of England accruing on a daily basis which represents a genuine pre-estimate of the cost to the School of a defaultbasis. The Parents shall also be liable to pay all costs, fees, disbursements and charges including legal fees and costs reasonably incurred by the School in the recovery of any unpaid Fees regardless of the value of the School's claim.

Appears in 6 contracts

Samples: Parent Contract, Independent School Contract, Parent Contract

Late Payment. Save where alternative provisions for the payment of interest are contained in a separate consumer credit agreement made between the Parents and the School, simple interest may be charged on a day-to-day basis on Fees which are unpaid. The rate of interest charged will be at up to 1.58% per month annum over the base rate of the Bank of England accruing on a daily basis which represents a genuine pre-estimate of the cost to the School of a default. The Parents shall also be liable to pay all costs, fees, disbursements and charges including legal fees and costs reasonably incurred by the School in the recovery of any unpaid Fees regardless of the value of the School's claim.

Appears in 5 contracts

Samples: Parent Contract, School Terms and Conditions, Parent Contract

Late Payment. Save where alternative provisions for the payment of interest are contained in a separate consumer credit agreement made between the Parents and the School, simple interest may be charged on a day-to-day basis on Fees which are unpaid. The rate of interest charged will be charged at up to 1.52% per month accruing on a daily basis basis. The School also reserves the right to charge a further £50 late payment fee in respect of any fees which represents a genuine pre-estimate of the cost to the School of a defaultremain unpaid. The Parents shall also be liable to pay all costs, fees, disbursements and charges including legal fees and costs reasonably incurred by the School in the recovery of any unpaid Fees regardless of the value of the School's claim.

Appears in 5 contracts

Samples: Parent Contract, Parent Contract, Parent Contract

Late Payment. Save where alternative provisions for the payment of interest are contained in a separate consumer credit agreement made between the Parents and the School, simple interest may be charged on a day-to-day day‐to‐day basis on Fees which are unpaid. The rate of interest charged will be at up to 1.5% per month accruing on a daily basis which represents a genuine pre-estimate basis. The School also reserves the right to charge an administration fee of the cost to the School of a default£25 on any failed direct debit collection. The Parents shall also be liable to pay all costs, fees, disbursements and charges including legal fees and costs reasonably incurred by the School in the recovery of any unpaid Fees regardless of the value of the School's claim.

Appears in 4 contracts

Samples: Parent Contract, Parent Contract, Parent Contract

Late Payment. Save where alternative provisions for the payment of interest are contained in a separate consumer credit agreement made between the Parents and the School, simple interest may be charged on a day-to-day basis on Fees which are unpaid. The rate of interest charged will be at up to 1.5% 2.0 percent per month accruing on a daily basis which represents a genuine pre-estimate of the cost to the School of a default. The Parents shall also be liable to pay all costs, fees, disbursements and charges including legal fees and costs reasonably incurred by the School in the recovery of any unpaid Fees regardless of the value of the School's claim.

Appears in 3 contracts

Samples: Parent Contract, Parent Contract, Parent Contract

Late Payment. Save where alternative provisions for the payment of interest are contained in a separate consumer credit agreement made between the Parents and the School, simple interest may be charged on a day-to-day basis on Fees which are unpaid. The rate of interest charged will be at up to 1.5% per month month, accruing on a daily basis basis, which represents a genuine pre-estimate of the cost to the School of a default. The Parents shall also be liable to pay all costs, fees, disbursements and charges charges, including legal fees and costs reasonably incurred by the School in the recovery of any unpaid Fees Fees, regardless of the value of the School's claim.

Appears in 2 contracts

Samples: Parent Agreement, Parent Agreement

Late Payment. Save where alternative provisions for the payment of interest are contained in a separate consumer credit agreement made between the Parents parent(s)/guardian(s) and the School, simple interest may be charged on a day-to-day basis on Fees fees which are unpaidunpaid within the agreements made at the beginning of the School year. The rate of interest charged will be at up to 1.5% per month accruing on a daily basis which represents a genuine pre-estimate of the cost to the School of a default. The Parents parent(s)/guardian(s) shall also be liable to pay all costs, fees, disbursements and charges including legal fees and costs reasonably incurred by the School in the recovery of any unpaid Fees fees regardless of the value of the School's claim.

Appears in 1 contract

Samples: Parent / Guardian Contract

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Late Payment. Save where alternative provisions for the payment of interest are contained in a separate consumer credit agreement made between the Parents and the School, simple interest may be charged on a day-to-day basis on Fees which are unpaid. The rate of interest charged will be at up to 1.5% per month accruing on a daily basis which represents a genuine pre-estimate of the cost to the School of a default. The Parents shall also be liable to pay all costs, fees, disbursements and charges including legal fees and costs reasonably incurred by the School in the recovery of any unpaid Fees regardless of the value of the School's ’s claim.

Appears in 1 contract

Samples: Parent Contract

Late Payment. Save where alternative provisions for the payment of interest are contained in a separate consumer credit agreement made between the Parents and the School, simple interest may be charged on a day-to-day basis on Fees which are unpaid. The rate of interest charged will be at up to 1.5% 1.5 percentage per month accruing on a daily basis which represents a genuine pre-estimate of the cost to the School of a default. The Parents shall also be liable to pay all costs, fees, disbursements and charges including legal fees and costs reasonably incurred by the School in the recovery of any unpaid Fees regardless of the value of the School's ’s claim.

Appears in 1 contract

Samples: Parent Contract

Late Payment. Save where alternative provisions for the payment of interest are contained in a separate consumer credit agreement made between the Parents and the School, simple interest may be charged on a day-to-day basis on Fees which are unpaid. The rate of interest charged will be at up to 1.51% per month or part month over the base rate of the Bank of England accruing on a daily basis which represents a genuine pre-estimate of the cost to the School of a defaultbasis. The Parents shall also be liable to pay all costs, fees, disbursements and charges including legal fees and costs reasonably incurred by the School in the recovery of any unpaid Fees regardless of the value of the School's claim.

Appears in 1 contract

Samples: Parent Contract

Late Payment. Save where alternative provisions for the payment of interest are contained in a separate consumer credit agreement made between the Parents and the School, simple interest may be charged on a day-to-day basis on Fees which are unpaid. The rate of interest charged will be at up to 1.54% per month annum over the base rate of the Bank of England accruing on a daily basis which represents a genuine pre-estimate of the cost to the School of a defaultbasis. The Parents shall also be liable to pay all costs, fees, disbursements and charges including legal fees and costs reasonably incurred by the School in the recovery of any unpaid Fees regardless of the value of the School's claim.

Appears in 1 contract

Samples: Contract for Educational Services (Parent Contract)

Late Payment. Save where alternative provisions for the payment of interest are contained in a separate consumer credit agreement made between the Parents parents and the School, simple interest may be charged on a day-to-day basis on Fees which are unpaid. The rate of interest charged will be at up to 1.58% per month annum over the base rate of the Bank of England accruing on a daily basis which represents a genuine pre-estimate of the cost to the School of a default. The Parents parents shall also be liable to pay all costs, fees, disbursements and charges including legal fees and costs reasonably incurred by the School in the recovery of any unpaid Fees regardless of the value of the School's School’s claim.

Appears in 1 contract

Samples: Parent Contract

Late Payment. Save where alternative provisions for the payment of interest are contained in a separate consumer credit agreement made between the Parents and the School, simple interest may be charged on a day-to-day basis on Fees which that are unpaid. The rate of interest charged will be at up to 1.5% per month accruing on a daily basis which that represents a genuine pre-estimate of the cost to the School of a default. The Parents shall also be liable to pay all costs, fees, disbursements and charges including legal fees and costs reasonably incurred by the School in the recovery of any unpaid Fees regardless of the value of the School's claim.

Appears in 1 contract

Samples: Parent Contract

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