Common use of MORATORY INTEREST Clause in Contracts

MORATORY INTEREST. 50.1 Any amount due and payable under these Terms, which is not paid on the due date, shall be treated as an unpaid such amount and may bear interest, at the reasonable and fair rate as we may determine.

Appears in 3 contracts

Sources: Customer Agreement, Customer Agreement, Customer Agreement

MORATORY INTEREST. 50.1 Any amount due and payable under these Terms, which is not paid on the due date, shall be treated as an unpaid such amount and may bear interest, at the reasonable and fair rate as we may determine.

Appears in 1 contract

Sources: Customer Agreement