Overdue Payments. Any overdue balance shall accrue daily interest charges at the rate equal to the lesser of (i) 15% per annum or (ii) the maximum lawful rate of interest.
Appears in 19 contracts
Samples: Master Natural Gas Gathering Agreement (Atlas Energy Resources, LLC), Natural Gas Gathering Agreement (Atlas America Series 27-2006 LP), Natural Gas Gathering Agreement (Atlas Energy Resources, LLC)
Overdue Payments. Any overdue balance shall accrue daily interest charges at the a rate equal determined by Gatherer's then-current policy, up to the lesser of (i) 15% per annum or (ii) the maximum lawful rate of interest.
Appears in 1 contract
Samples: Master Natural Gas Gathering Agreement (Atlas Pipeline Partners Lp)
