Common use of Late Payments Clause in Contracts

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime rate published in the Wall Street Journal for such due date plus […***…] percentage points or the maximum rate allowable by applicable Laws, whichever is less.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime a per-annum rate published in the Wall Street Journal for such due date plus of […***…] percentage points percent ([***]%), or the maximum rate allowable by applicable LawsApplicable Law, whichever is less.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at a rate equal to the prime rate published in U.S. Prime Rate for the date payment was due as reported by the Wall Street Journal for such due date plus […***…] percentage points or the maximum rate allowable by applicable Laws, whichever is lessJournal.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall will thereafter accrue on the sum due to such Party from the due date until the date of payment at a per-annum rate of three percent (3%). The payment of such interest will not limit the prime rate published in Party entitled to payment from exercising any other rights it may have as a consequence of the Wall Street Journal for such due date plus […***…] percentage points or the maximum rate allowable by applicable Laws, whichever is lesslateness of any payment.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefordate, simple interest shall will thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime per annum rate published in the Wall Street Journal for such due date plus […of *** percent (***…] percentage points %) over the then-current *** quoted by Citibank in New York City, or the maximum rate allowable by applicable LawsApplicable Law, whichever is lesslower.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the a per-annum rate of prime rate published in the Wall Street Journal for such due date plus […***…] * percentage points point or the maximum rate allowable by applicable LawsLaw, whichever is less.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefordate, simple interest shall will thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime per annum rate published in the Wall Street Journal for such due date plus of […***…] percentage points percent ([…***…]%) over the then-current […***…] quoted by Citibank in New York City, or the maximum rate allowable by applicable LawsApplicable Law, whichever is lesslower.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the a per-annum rate of prime rate published in the Wall Street Journal for such due date plus […***…] percentage points or the maximum rate allowable by applicable LawsLaw, whichever is less.

Late Payments. If a Party does not receive payment from the other Party of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such receiving Party from the due date until the date of payment at the prime rate published in the Wall Street Journal for such due date plus a […***…] percentage points or the maximum rate allowable by applicable Laws, whichever is less[*].

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall will thereafter accrue on the sum due to such Party from the due date until the date of payment at an annual rate of the prime rate published lower of (a) [***] (as reported in the The Wall Street Journal for such due date plus […***…] percentage points (Eastern U.S. Edition)) or (b) the maximum rate allowable allowed by applicable Laws, whichever is lessApplicable Law.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime a per-annum rate published in the Wall Street Journal for such due date plus of […***…] percentage points or the maximum rate allowable by applicable LawsApplicable Law, whichever is less.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefortherefor set forth in this Agreement, simple interest shall thereafter accrue on the sum due to such the Party from the due date until the date of payment at a per-annum rate of one percent (1%) over the then-current prime rate published reported in the The Wall Street Journal for such due date plus […***…] percentage points or the maximum rate allowable by applicable Laws, whichever is lesslower.

Late Payments. If a Party does not receive payment of any undisputed sum due to it on or before the due date thereforset forth under this Agreement, then simple interest shall will thereafter accrue on the sum due to such Party from the due date until the date of payment at a per-annum rate of [***] percentage point over the then-current prime rate published reported in the The Wall Street Journal for such due date plus […***…] percentage points or the maximum rate allowable by applicable Lawsunder Applicable Law, whichever is lesslower.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime rate published in the [***], as reported by The Wall Street Journal for such due date plus from time to time, […***…] percentage points ], or the maximum rate allowable applicable legal rate, if less. The interest payment shall be due from the [***] until the day that the payment was received by applicable Lawssuch Party; provided that, whichever is lesswith respect to any bona fide disputed payments, [***], calculated from [***] through the date [***].

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefordate, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime rate published in the Wall Street Journal for such due date plus […***…] percentage points percent ([***]%) per annum or the maximum rate allowable by applicable LawsApplicable Law, whichever is less.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at a per-annum rate of [***] percent [***] over the then-current prime rate published during the period reported in the The Wall Street Journal for such due date plus […***…] percentage points or the maximum rate allowable by applicable LawsApplicable Law, whichever is lesslower.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at a per-annum rate of [***] over the prime rate published then-current Prime Rate reported in the The Wall Street Journal for such due date plus […***…] percentage points or the maximum rate allowable by applicable LawsApplicable Law, whichever is lesslower.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime a per-annum rate published in the Wall Street Journal for such due date plus of […***…] percentage points percent ([…***…]%) above the prime rate as reported in The Wall Street Journal, Eastern Edition, or the maximum rate allowable by applicable LawsApplicable Law, whichever is less.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefordate, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime rate published in by the Wall Street Journal for such due date U.S. Federal Reserve plus […***…] percentage points five percent (5%) per annum or the maximum rate allowable by applicable LawsApplicable Law, whichever is less.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime a per-annum rate published in the Wall Street Journal for such due date plus of […***…] percentage points ], or the maximum rate allowable by applicable LawsLaw, whichever is less.

Late Payments. If a either Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on a daily basis on the sum due to such Party from the due date until the date of payment at the prime a rate published in the Wall Street Journal for such due date equal to EURIBOR plus […***…] percentage points per annum or the maximum rate allowable by applicable LawsLaw, whichever is less.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall will thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime an annual rate published in the Wall Street Journal for such due date plus of […...***…...]% over the then-current [...***...] percentage points rate or the maximum rate allowable by applicable LawsApplicable Law, whichever is lesslower. Any interest payments under this Section 5.11 will be payable and paid together with the last payment of the outstanding amount(s).

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the a per-annum rate of prime rate published reported in the The Wall Street Journal for such (U.S., Eastern Edition) on the due date of the payment plus […***…] two percentage points point or the maximum rate allowable by applicable Lawslaw, whichever is less.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the unpaid sum due to such Party from the due date until the date of payment at the prime a per-annum rate published in the Wall Street Journal for such due date plus of […***…] percentage points percent […***…] above the prime rate as reported in The Wall Street Journal, Eastern Edition, or the maximum rate allowable by applicable LawsApplicable Law, whichever is less.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefortherefor set forth in this Agreement, simple interest shall thereafter accrue on the sum due to such the Party from the due date until the date of payment at a per-annum rate of [***] over the then-current prime rate published reported in the The Wall Street Journal for such due date plus […***…] percentage points or the maximum rate allowable by applicable Laws, whichever is lesslower.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall will thereafter accrue on the sum due to such Party from the due date until the date of payment at a per-annum rate of [***] above the prime rate published as reported in the The Wall Street Journal for such due date plus […***…] percentage points Journal, Eastern Edition, or the maximum rate allowable by applicable LawsApplicable Law, whichever is less.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at a per-annum rate of [***] percent [***] over the then-current prime rate published during the period as reported in the The Wall Street Journal for such due date plus […***…] percentage points or the maximum rate allowable by applicable LawsApplicable Law, whichever is lesslower.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefordate, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime per annum rate published in of 3% over the Wall Street Journal for such due date plus […***…] percentage points then-current LIBOR, or the maximum rate allowable by applicable LawsLaw, whichever is lesslower.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime a per-annum rate published in the Wall Street Journal for such due date plus of […**] percent ([*…] percentage points *]%), or the maximum rate allowable by applicable LawsApplicable Law, whichever is less.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefordate, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime yearly rate published in the Wall Street Journal for such due date plus […of *** percent (***…] percentage points %) above the then-applicable ***, or at the maximum rate allowable permitted by applicable LawsApplicable Law, whichever is less.the lower..

Late Payments. If a Party does not receive payment of any undisputed sum due to it on or before the due date thereforset forth under this Agreement, then simple interest shall will thereafter accrue on the sum due to such Party from the due date until the date of payment at a per-annum rate of [***] points over the then-current prime rate published reported in the The Wall Street Journal for such due date plus […***…] percentage points or the maximum rate allowable by applicable Lawsunder Applicable Law, whichever is lesslower.

Late Payments. If a Party does not receive payment of any sum due to it on or before within [ * ] of the due date therefor, simple interest shall thereafter accrue on a daily basis on the sum due to such Party from the due date until the date of payment at the prime a per-annum rate published in the Wall Street Journal for such due date of LIBOR plus […***…[ * ] percentage points or the maximum rate allowable by applicable LawsApplicable Law, whichever is less.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such the Party from the due date until the date of payment at a per-annum rate of [***] over the then-current prime rate published reported in the The Wall Street Journal for such due date plus […***…] percentage points or the maximum rate allowable by applicable Lawslaws, whichever is lesslower.

Late Payments. If a Party does not receive payment of any undisputed sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the unpaid and undisputed sum due to such Party from the due date until the date of payment at the prime a per-annum rate published in the Wall Street Journal for such due date plus of […***…] percentage points as reported in The Wall Street Journal, Eastern Edition, or the maximum rate allowable by applicable LawsApplicable Law, whichever is less.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefordate, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime rate published in the Wall Street Journal for such due date plus […of *** percent (***…] percentage points %) per month or the maximum annual rate allowable by applicable LawsApplicable Law, whichever is less.

Late Payments. If a either Party does not receive payment of any sum due to it on or before the due date therefordate, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime per annum rate published in the Wall Street Journal for such due date plus of […**] percent ([*…] percentage *]%) points or above the maximum Prime Rate assessed from the day payment was initially due within the regular office hours of the paying Party; provided, however, that in no case shall such interest rate allowable exceed the highest rate permitted by applicable Applicable Laws, whichever . The payment of such interest shall not foreclose each Party from exercising any other rights it may have because any payment is lessoverdue.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime a per-annum rate published in the Wall Street Journal for such due date plus of […***…] percentage points or the maximum rate allowable by applicable LawsLaw, whichever is less.

Late Payments. If a Party does not receive payment of any undisputed sum due to it on or before the due date thereforset forth under this Agreement, then simple interest shall will thereafter accrue on the sum due to such Party from the due date until the date of payment at a per-annum rate of one percentage point over the then-current prime rate published reported in the The Wall Street Journal for such due date plus […***…] percentage points or the maximum rate allowable by applicable Lawsunder Applicable Law, whichever is lesslower.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime a per-annum rate published in the Wall Street Journal for such due date plus of […***…] percentage points percent [***]%), or the maximum rate allowable by applicable LawsApplicable Law, whichever is less.

Late Payments. If a either Party does not receive payment of any sum due to it on or before the due date therefordate, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime per annum rate published in the Wall Street Journal for such due date plus of […***…] percentage points or above the maximum Prime Rate assessed from the day payment was initially due within the regular office hours of the paying Party; provided, however, that in no case shall such interest rate allowable exceed the highest rate permitted by applicable Applicable Laws, whichever . The payment of such interest shall not foreclose each Party from exercising any other rights it may have because any payment is lessoverdue.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such the Party from the due date until the date of payment at the per annum rate equal to the lesser of (i) the rate announced by Bank of America (or its successor) as its prime rate published in effect on the Wall Street Journal for date that such payment would have been first due date plus […***…] percentage points or (ii) the maximum rate allowable by applicable Laws, whichever is lesspermissible under Applicable Law.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime a per-annum rate published in the Wall Street Journal for such due date plus of […***…**] percentage points or the maximum rate allowable by applicable Applicable Laws, whichever is less.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such the Party from the due date until the date of payment at a per-annum rate of two percent (2%) over the then-current prime rate published reported in the The Wall Street Journal for such due date plus […***…] percentage points or the maximum rate allowable by applicable Lawslaws, whichever is lesslower.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefordate, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime rate published (as stated in the Wall Street Journal for on the date such due date payment was due) plus […***…] percentage points four percent (4%) or the maximum rate allowable by applicable Lawslaw, whichever is less.

Late Payments. If a Party does not receive payment of any undisputed sum due to it on or before the due date thereforset forth under this Agreement, simple then [***] interest shall will thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime rate published in the Wall Street Journal for such due date plus […***…] percentage points rate [***] or the maximum rate allowable by applicable Lawsunder Applicable Law, whichever is lesslower.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such the Party from the due date until the date of payment at a per-annum rate of two percent over the then-current prime rate published reported in the The Wall Street Journal for such due date plus […***…] percentage points or the maximum rate allowable by applicable Lawslaws, whichever is less.lower. 11 INTELLECTUAL PROPERTY

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the a per-annum rate of U.S. prime rate published in the Wall Street Journal for such due date plus [*…***…] percentage points or the maximum rate allowable by applicable LawsLaw, whichever is less.

Late Payments. If a either Party does not receive payment of any sum due to it on or before the due date therefordate, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime per annum rate published in the Wall Street Journal for such due date plus of […***…] percentage points or assessed from the maximum day payment was initially due within the regular office hours of the paying Party; provided, however, that in no case shall such interest rate allowable exceed the highest rate permitted by applicable Applicable Laws, whichever . The payment of such interest shall not foreclose each Party from exercising any other rights it may have because any payment is lessoverdue.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefordate, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime per annum rate published in of * % over the Wall Street Journal for such due date plus […***…] percentage points then-current LIBOR, or the maximum rate allowable by applicable LawsLaw, whichever is lesslower.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefordate, simple interest shall will thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime per annum rate published in the Wall Street Journal for such due date plus equal to […***…] percentage points or the maximum rate allowable by applicable Laws, whichever is less].

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at a per-annum rate of [***] over the then-current LIBOR prime rate published reported in the The Wall Street Journal for such due date plus […***…] percentage points or the maximum rate allowable by applicable LawsApplicable Law, whichever is lesslower.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the a per-annum rate of prime rate published in the Wall Street Journal for such due date plus […***…] two (2) percentage points or the maximum rate allowable by applicable Applicable Laws, whichever is less.

Late Payments. If a Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime a rate published in the Wall Street Journal for such due date plus equal to […***…] percentage points ], calculated on the number of days such payments are paid after the date such payments are due. Accrual and payment of interest shall not be deemed to excuse or the maximum rate allowable by applicable Laws, whichever is lesscure breaches of contract arising from late payment or nonpayment.

Late Payments. If a Party does not receive payment of any undisputed sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the unpaid and undisputed sum due to such Party from the due date until the date of payment at the prime a per-annum rate published in the Wall Street Journal for such due date plus of […***…] percentage points as reported in The Wall Street Journal, Internet Edition on the date such amount was first due, or the maximum rate allowable by applicable LawsApplicable Law, whichever is less.

Late Payments. If a either Party does not receive payment of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment at the prime a per-annum rate published in the Wall Street Journal for such due date plus of […***…] percentage points ], or the maximum rate allowable by applicable Applicable Laws, whichever is less.

Late Payments. If a Party does not receive payment from the other Party of any sum due to it on or before the due date therefor, simple interest shall thereafter accrue on the sum due to such receiving Party from the due date until the date of payment at the prime rate published in the Wall Street Journal for such due date plus […***…a [ * ] percentage points or the maximum rate allowable by applicable Laws, whichever is less[ * ].