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 a rate equal to the U.S. Prime Rate for the date payment was due as reported by the Wall Street Journal.

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 the prime rate equal to the U.S. Prime Rate for the date payment was due as reported by published in the Wall Street JournalJournal 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 a per-annum rate equal to of [***] percent ([***]%), or the U.S. Prime Rate for the date payment was due as reported maximum rate allowable by the Wall Street JournalApplicable 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 will thereafter accrue on the sum due to such Party from the due date until the date of payment at a per-annum rate equal of three percent (3%). The payment of such interest will not limit the Party entitled to payment from exercising any other rights it may have as a consequence of the U.S. Prime Rate for the date payment was due as reported by the Wall Street Journallateness of any payment.

Late Payments. If a The paying Party does not receive payment shall pay interest to the receiving Party on the aggregate amount of any sum due to it payments that are not paid on or before the date such payments are due date therefor, simple interest shall thereafter accrue on the sum due to such Party from the due date until the date of payment under this Agreement at a simple rate per annum equal to the U.S. Prime Rate for lesser of [**] percent ([**]%) per month or the highest rate permitted by applicable law, calculated on the number of days such payments are paid after the date payment was due as reported by the Wall Street Journalsuch payments are due.

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 a the per annum rate equal to of […***…] percent ([…***…]%) over the U.S. Prime Rate for then-current […***…] quoted by Citibank in New York City, or the date payment was due as reported maximum rate allowable by the Wall Street JournalApplicable Law, whichever is lower.

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 equal to of prime plus *** percentage point or the U.S. Prime Rate for the date payment was due as reported maximum rate allowable by the Wall Street Journalapplicable 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 equal to of prime plus [***] percentage points or the U.S. Prime Rate for the date payment was due as reported maximum rate allowable by the Wall Street Journalapplicable Law, 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 a rate equal to [*] or the U.S. Prime Rate for the date payment was due as reported by the Wall Street Journal[*].

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 a the per annum rate equal to of *** percent (***%) over the U.S. Prime Rate for then-current *** quoted by Citibank in New York City, or the date payment was due as reported maximum rate allowable by the Wall Street JournalApplicable Law, whichever is lower.

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 equal to of [***] over the U.S. then-current Prime Rate for the date payment was due as reported by the in The Wall Street JournalJournal or the maximum rate allowable by Applicable Law, whichever is lower.

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 equal to of [***], or the U.S. Prime Rate for the date payment was due as reported maximum rate allowable by the Wall Street Journalapplicable 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 equal to of [*] or the U.S. Prime Rate for the date payment was due as reported maximum rate allowable by the Wall Street JournalApplicable 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 will thereafter accrue on the sum due to such Party from the due date until the date of payment at a an annual rate equal to of the U.S. Prime Rate for the date payment was due lower of (a) [***] (as reported by the in The Wall Street JournalJournal (Eastern U.S. Edition)) or (b) the maximum rate allowed by 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 will thereafter accrue on the sum due to such Party from the due date until the date of payment at a per-annum rate equal to of [***] above the U.S. Prime Rate for the date payment was due prime rate as reported by the in The Wall Street Journal, Eastern Edition, or the maximum rate allowable by Applicable 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 equal to of [***] percent [***] over the U.S. Prime Rate for then-current prime rate during the date payment was due period as reported by the in The Wall Street JournalJournal or the maximum rate allowable by Applicable Law, whichever is lower.

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 a the prime rate equal to published by the U.S. Prime Rate for Federal Reserve plus five percent (5%) per annum or the date payment was due as reported maximum rate allowable by the Wall Street JournalApplicable 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 a daily basis on the sum due to such Party from the due date until the date of payment at a rate equal to EURIBOR plus [*] per annum or the U.S. Prime Rate for the date payment was due as reported maximum rate allowable by the Wall Street Journalapplicable 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 will thereafter accrue on the sum due to such Party from the due date until the date of payment at a an annual rate equal to of [...***...]% over the U.S. Prime Rate for then-current [...***...] rate or the date maximum rate allowable by Applicable Law, whichever is lower. Any interest payments under this Section 5.11 will be payable and paid together with the last payment was due as reported by of the Wall Street Journaloutstanding amount(s).

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 equal to of one percent (1%) over the U.S. Prime Rate for the date payment was due as then-current prime rate reported by the in The Wall Street JournalJournal or the maximum rate allowable by applicable Laws, whichever is lower.

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 equal to of [***] percent [***] over the U.S. Prime Rate for then-current prime rate during the date payment was due as period reported by the in The Wall Street JournalJournal or the maximum rate allowable by Applicable Law, whichever is lower.

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 U.S. Prime Rate for the date payment was due [***], as reported by the The Wall Street JournalJournal from time to time, [***], or the maximum applicable legal rate, if less. The interest payment shall be due from the [***] until the day that the payment was received by such Party; provided that, with 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 a the prime rate equal to plus [***] percent ([***]%) per annum or the U.S. Prime Rate for the date payment was due as reported maximum rate allowable by the Wall Street JournalApplicable Law, 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 equal to of [***] percentage point over the U.S. Prime Rate for the date payment was due as then-current prime rate reported by the in The Wall Street JournalJournal or the maximum rate allowable under Applicable Law, whichever is lower.

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 a per-annum rate equal to of […***…] percent […***…] above the U.S. Prime Rate for the date payment was due prime rate as reported by the in The Wall Street Journal, Eastern Edition, or the maximum rate allowable by Applicable 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 a per-annum rate equal to of [***], or the U.S. Prime Rate for the date payment was due as reported maximum rate allowable by the Wall Street JournalApplicable Laws, 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 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 a per-annum rate equal to the U.S. Prime Rate for the date payment was due of [***] as reported by the in The Wall Street Journal, Internet Edition on the date such amount was first due, or the maximum rate allowable by Applicable 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 a the per annum rate equal to of 3% over the U.S. Prime Rate for then-current LIBOR, or the date payment was due as reported maximum rate allowable by the Wall Street Journalapplicable Law, whichever is lower.

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 the per annum rate equal to the U.S. Prime Rate for lesser of (i) the rate announced by Bank of America (or its successor) as its prime rate in effect on the date that such payment was would have been first due as reported by plus [***] or (ii) the Wall Street Journalmaximum rate permissible 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 a rate equal to [***], calculated on the U.S. Prime Rate for number of days such payments are paid after the date such payments are due. Accrual and payment was due as reported by the Wall Street Journalof interest shall not be deemed to excuse or cure breaches of contract arising from late payment or nonpayment.

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 equal to of prime plus two (2) percentage points or the U.S. Prime Rate for the date payment was due as reported maximum rate allowable by the Wall Street JournalApplicable 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 equal to of two percent over the U.S. Prime Rate for the date payment was due as then-current prime rate reported by the in The Wall Street Journal.Journal or the maximum rate allowable by applicable laws, whichever is lower. *** CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION 11 INTELLECTUAL PROPERTY

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 a the per annum rate equal to of * % over the U.S. Prime Rate for then-current LIBOR, or the date payment was due as reported maximum rate allowable by the Wall Street Journalapplicable Law, whichever is lower.

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 a the per annum rate equal to the U.S. Prime Rate for the date payment was due as reported by the Wall Street Journal[**].

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 equal to of [***] over the U.S. Prime Rate for the date payment was due as then-current prime rate reported by the in The Wall Street JournalJournal or the maximum rate allowable by applicable Laws, whichever is lower.

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 a the per annum rate equal to of [**] percent ([**]%) points above the U.S. Prime Rate for assessed from the date day payment was initially due as reported within the regular office hours of the paying Party; provided, however, that in no case shall such interest rate exceed the highest rate permitted by the Wall Street JournalApplicable Laws. The payment of such interest shall not foreclose each Party from exercising any other rights it may have because any payment is overdue.

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 equal to of [***] or the U.S. Prime Rate for the date payment was due as reported maximum rate allowable by the Wall Street Journalapplicable 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 equal to of [***] percent [***]%), or the U.S. Prime Rate for the date payment was due as reported maximum rate allowable by the Wall Street JournalApplicable 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 equal to of [**] percent ([**]%), or the U.S. Prime Rate for the date payment was due as reported maximum rate allowable by the Wall Street JournalApplicable Law, whichever is less.

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 a per-annum rate equal to of LIBOR plus [ * ] or the U.S. Prime Rate for the date payment was due as reported maximum rate allowable by the Wall Street JournalApplicable 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 equal to of [*****] or the U.S. Prime Rate for the date payment was due as reported maximum rate allowable by the Wall Street JournalApplicable 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 equal to of […***…] percent ([…***…]%) above the U.S. Prime Rate for the date payment was due prime rate as reported by the in The Wall Street Journal., Eastern Edition, or the maximum rate allowable by Applicable Law, whichever is less. Amended and Restated License and Collaboration Agreement

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 equal to of […***…] percent ([…***…]%) above the U.S. Prime Rate for the date payment was due prime rate as reported by the in The Wall Street Journal, Eastern Edition, or the maximum rate allowable by Applicable 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 a the yearly rate equal to of *** percent (***%) above the U.S. Prime Rate for then-applicable ***, or at the date payment was due as reported maximum rate permitted by Applicable Law, whichever is the Wall Street Journal.lower..

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 a rate equal to [ * ] or the U.S. Prime Rate for the date payment was due as reported by the Wall Street Journal[ * ].

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 a per-annum rate equal to the U.S. Prime Rate for the date payment was due of [***] as reported by the in The Wall Street Journal, Eastern Edition, or the maximum rate allowable by Applicable 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 a the rate equal to of *** percent (***%) per month or the U.S. Prime Rate for the date payment was due as reported maximum annual rate allowable by the Wall Street JournalApplicable 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 a the per annum rate equal to of [***] assessed from the U.S. Prime Rate for the date day payment was initially due as reported within the regular office hours of the paying Party; provided, however, that in no case shall such interest rate exceed the highest rate permitted by the Wall Street JournalApplicable Laws. The payment of such interest shall not foreclose each Party from exercising any other rights it may have because any payment is overdue.