Common use of LIQUIDATED DAMAGES FOR LATE PAYMENT Clause in Contracts

LIQUIDATED DAMAGES FOR LATE PAYMENT. If you do not pay your account in full on receipt of your monthly statement, you are in default. Therefore, you acknowledge that we may suspend or cancel your charge privileges, and you agree that we shall be entitled to charge you liquidated damages as follows:

Appears in 9 contracts

Samples: www.americanexpress.com, business.americanexpress.com, gcpcms.americanexpress.com

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.