Common use of Late Payments; Interest Clause in Contracts

Late Payments; Interest. County shall be entitled to collect interest at the rate of eighteen percent (18%) per annum from the date due until the date paid for any amounts payable under this Agreement. The right of County to require payment of interest and the obligation of Lessee to pay interest to County shall be in addition to, and not in lieu of, the right of County to enforce any other remedy provided in this Agreement or under applicable law.

Late Payments; Interest. The County shall be entitled to collect interest at the rate of eighteen percent (18%) per annum from the date due until the date paid for on any amounts payable that are past due under this Agreement. The right of the County to require payment of such interest and the obligation of the Lessee to pay interest to County same shall be in addition to, to and not in lieu of, of the right of the County to enforce any other remedy provisions herein, including termination of this Agreement, and to pursue other remedies provided in this Agreement or under applicable by law.

Late Payments; Interest. County shall be entitled to collect interest at the rate of eighteen percent (18%) per annum from the date due until the date paid for on any amounts payable that are past due under this Agreement. The right of County to require payment of such interest and the obligation of Lessee Contractor to pay interest to County same shall be in addition to, to and not in lieu of, of the right of County to enforce any other remedy provisions herein, including termination of this Agreement, and to pursue other remedies provided in this Agreement or under applicable law.by law.‌