Monthly Payment of Annual Fee. If the Client’s monthly payment of the Annual Fee is not available in OCWA’s designated bank account on the agreed to date of payment, OCWA will notify the Client that the funds were not available. Interest will be charged to the Client starting from the day after the payment was due in the account. Interest shall be paid at a rate determined by the Minister of Finance, from time to time, as payable on overdue accounts, in accordance with the Lieutenant Governor in Council under s.10(4) of the Financial Administration Act, R.S.O. 1990, c.F.12, plus any banking charges and an administrative fee.
Appears in 4 contracts
Samples: Services Agreement, Services Agreement, Services Agreement
