Common use of Late Payments; Interest Clause in Contracts

Late Payments; Interest. Any portion of any fee or other amount payable hereunder that is not paid when due will accrue interest at one and one-half percent (1.5%) per month or the maximum rate permitted by applicable law, whichever is less, from the due date until paid.

Appears in 4 contracts

Samples: Telestream® Software License Terms and Conditions, Telestream® Software License Terms and Conditions, Commercial License Agreement

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Late Payments; Interest. Any portion of any fee or other amount payable hereunder that is not paid within 30 days when due will accrue interest at one and one-half percent (1.5%) per month or the maximum rate permitted by applicable law, whichever is less, from the due date until paid.

Appears in 3 contracts

Samples: Application Services Agreement (Ameriquest, Inc.), Application Services Agreement (Ameriquest, Inc.), Application Services Agreement (Ameriquest, Inc.)

Late Payments; Interest. Any portion of any fee or other amount payable hereunder that is not paid when due will accrue interest at one and one-half percent (1.5%) per month or the maximum rate permitted by applicable law, whichever is less, from the due date until paid.

Appears in 2 contracts

Samples: Platform Agreement, Master Subscription Agreement

Late Payments; Interest. Any portion of any fee or other amount payable hereunder that is not paid when due will accrue interest at one and one-half ten percent (1.510%) per month or the maximum rate permitted by applicable law, whichever is less, from the due date until paid.

Appears in 1 contract

Samples: Software License Agreement

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Late Payments; Interest. Any portion of any fee or other amount payable hereunder that is not paid when due will accrue interest at one and one-one- half percent (1.5%) per month or the maximum rate permitted by applicable law, whichever is less, from the due date until paid.

Appears in 1 contract

Samples: Platform Agreement

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