Late Payments; Worthless Checks Sample Clauses

Late Payments; Worthless Checks. The Resident must pay a Late Payment Charge if the Basic Rent, Additional Rent or Community Charges are not paid by the Late Payment Date. Late Payment Charges and any handling charges charged by the bank will also be assessed if any check tendered by the Resident is returned because of insufficient funds. The Land Owner may demand that any returned item be replaced by a cashier’s check, certified check, or money order. If the Resident tenders two or more checks or bank drafts during the term of this Agreement which are returned for insufficient funds, the Land Owner may demand that all future payments be made by cashier’s check, certified check or money order, and reserves the right to pursue any other remedies allowed under state or federal law.
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Related to Late Payments; Worthless Checks

  • Additional Fee on Late Payments For any payments thirty (30) calendar days or more overdue under this Agreement, Registry Operator shall pay an additional fee on late payments at the rate of 1.5% per month or, if less, the maximum rate permitted by applicable law.

  • Returned Check Fee Checks returned by the payer’s bank (for insufficient funds, closed account, stop payments, etc.) must be redeemed in cash, money order or cashier’s check for the full amount plus $30.00 service fee.

  • Returned Payment Fee If your account is subject to a Returned Payment Fee, the fee will be charged to your account when a payment is returned for any reason.

  • When Must Distributions from a Traditional IRA Begin You must begin receiving the assets in your account no later than April 1 following the calendar year in which you reach RMD age.

  • Check-Off Payments The Employer shall deduct from every employee any dues, initiation fees, or assessments levied by the Union on its members.

  • Developer Payments Not Taxable The Developer and Connecting Transmission Owner intend that all payments or property transfers made by Developer to Connecting Transmission Owner for the installation of the Connecting Transmission Owner’s Attachment Facilities and the System Upgrade Facilities and the System Deliverability Upgrades shall be non-taxable, either as contributions to capital, or as an advance, in accordance with the Internal Revenue Code and any applicable state income tax laws and shall not be taxable as contributions in aid of construction or otherwise under the Internal Revenue Code and any applicable state income tax laws.

  • FILOT PAYMENTS Section 4.01

  • Deductions from Sick Leave A deduction shall be made from accumulated sick leave of all normal working days (exclusive of holidays) absent for sick leave.

  • Taxes and Fees Imposed on Purchasing Party But Collected And Remitted By Providing Party 11.3.1 Taxes and fees imposed on the purchasing Party shall be borne by the purchasing Party, even if the obligation to collect and/or remit such taxes or fees is placed on the providing Party.

  • 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.

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