Moneys Payable to Manager Sample Clauses

Moneys Payable to Manager. All sums of money which become payable to OAC under this Use Agreement shall be payable without demand to the Manager in his office at the Latino Cultural Center in the City of Dallas, Dallas, County, Texas. Acceptance by OAC of payment at later times or at places such as those stated in other similar Use Agreements, no matter how many times repeated, shall not prevent OAC without demand or notice from requiring strict compliance with the provisions hereof for the date and place of payment. User acknowledges the importance of making prompt payment of all sums of money due to OAC and agrees to pay to OAC interest on any late payments at an annual interest rate equal to the lesser of 18% or the maximum non-usurious interest rate permitted by law.
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Related to Moneys Payable to Manager

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