Late Payments and Service Charges Sample Clauses

Late Payments and Service Charges. The Monthly Rent will be delinquent if not received in full by Housing Services on or before 5:00 p.m. on the seventh (7th) day of the month in which it is due. If the seventh day of the month is on a weekend or University holiday, the rent will be delinquent if not paid by 5:00 p.m. on the following business day. Tenant agrees to pay a late charge of $40.00 for each month or portion thereof that the Monthly Rent is delinquent, in addition to any other service charges permitted by this Agreement or by law. This late charge does not establish a grace period or waiver; the University may make written demand for payment if Monthly Rent is not paid on its due date. The late charge is due no later than the first business day of the following month. If there is an outstanding balance due, all service charges and assessments, including, but not limited to, late rent service charges, key-and-lock service charges, returned-check service chargess, custodial or property damage assessments, parking and garage rents, and extra storage space rents, will be applied first to that balance due and then to the rent. If the payment is not sufficient to cover both the assessments/service charge(s) and the Monthly Rent, the Monthly Rent will be deemed delinquent if not paid in full by the seventh (7th) day of the month the Monthly Rent is due. Tenant and the University agree that the late charge is presumed to be damages sustained because of Tenant's late payment of Monthly Rent, not a penalty, as it is impracticable or extremely difficult to fix the actual damages. In addition to the foregoing, should the Tenant fail to pay rent or the late charge(s) when due, the University may, in its sole discretion, do any one or more of the following:
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Related to Late Payments and Service Charges

  • FEES AND SERVICE CHARGES You agree to pay Us any applicable fees or charges, and are responsible for any minimum balance requirements and deposit requirements called for in Our Agreements and Disclosures provided to You when You opened Your Account. In any case and with proper notice to You, fees, charges, balance requirements and deposit requirements may be changed by Us from time to time.

  • Late Payment Charges Except for Disputed Amounts, if a Party fails to remit payment for any charges for services by the Xxxx Due Date, or if a payment or any portion of a payment is received by a Party after the Xxxx Due Date, or if payment is not made by check that is currently dated and drawn on an account with sufficient available funds, then a late payment charge may be assessed as provided in Section 27.8.

  • Late Payments If any undisputed amount in an invoice of the Transfer Agent (for fees or reimbursable expenses) is not paid when due, the Fund shall pay the Transfer Agent interest thereon (from the due date to the date of payment) at a per annum rate equal to one percent (1.0%) plus the Prime Rate (that is, the base rate on corporate loans posted by large domestic banks) published by The Wall Street Journal (or, in the event such rate is not so published, a reasonably equivalent published rate selected by the Fund) on the first day of publication during the month when such amount was due. Notwithstanding any other provision hereof, such interest rate shall be no greater than permitted under applicable provisions of Massachusetts law.

  • Late Payment Fees (a) The Servicer shall not waive any part of any Late Payment Fee unless (i) the collection of any Late Payment Fee would violate any relevant law or regulation or (ii) the waiving of the Late Payment Fee would otherwise benefit the Trust Fund and it is expected that the waiver would maximize recovery of total proceeds, taking into account the value of the Late Payment Fee and related Mortgage Loan and doing so is standard and customary in servicing similar Mortgage Loans (including the waiver of a Late Payment Fee in connection with a refinancing of a Mortgage Loan that is related to a default or reasonably foreseeable default).

  • Service Charges No service charge shall be made for any exchange or registration of transfer of Warrants.

  • Late Payment Fee If your account is subject to a Late Payment Fee, the fee will be charged to your account when you do not make the required minimum payment by or within the number of days of the statement Payment Due Date set forth on the Disclosure accompanying this Agreement.

  • Late Payment Surcharge In the event of delay in payment of a Monthly Xxxx by Buyer beyond thirty (30) days of its Due Date, a Late Payment Surcharge shall be payable to the SPD at the rate of 1.25% per month on the outstanding amount calculated on a day to day basis subject to such late payment being duly received by Buyer under the PSA from the Buying Entity(ies). The Late Payment Surcharge shall be claimed by the SPD through the Supplementary Xxxx.

  • Overtime Payments (1) Subject to the provisions of this subclause, all work performed outside of the Ordinary Hours and time worked to accrue an RDO on any day, Monday to Friday, inclusive, shall be paid for at the rate of time and one half for the first two hours and double time thereafter.

  • Service Fees and Charges Service fees and charges for participation in IDX shall be as established annually by the Board of Directors. (Amended 5/05)

  • Usage Charges Every call using the Services that originates or terminates in the Public Switched Telephone Network (“PSTN”), including without limitation other VoIP networks, accrues applicable toll charges. Customer will not be charged for monthly usage within the limits of its then-current Service Plan. Usage which exceeds the limits, if any, of Customer’s then-current Service Plan will be charged to Customer in accordance with the Service Descriptions at the rates published at xxxx://xxx.xxxxxxxxxxxx.xxx. Calls to phone numbers outside the United States and Canada will also be charged to the Customer in accordance with the Service Descriptions at the rates published at xxxx://xxx.xxxxxxxxxxxx.xxx.

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