Paragraph 4th. The delay in payment the burden foreseen in the clause will imply in the charge of an interest on arrears fine in the amount of 0.33% per day, up to the limit of 10% (ten per cent), added by the referential tax SELIC for Federal titles, to be applied on the value of the debt considering every day the payment is delayed.
Appears in 6 contracts
Samples: Grant Contract (Telesp Holding Co), Grant Contract (Telesp Holding Co), Grant Contract (Telesp Holding Co)