Past Due Amounts Bear Interest. If ED shall fail to pay any amount specified under this Agreement after the due date thereof, the amount owed shall bear interest at the lower of (i) the Citibank, N.A. base lending rate (aka, the “Prime Rate”), or (ii) the maximum rate allowed by applicable law, from the due date until paid.
Appears in 4 contracts
Samples: Patent License Agreement (CareDx, Inc.), Patent License Agreement (CareDx, Inc.), Patent License Agreement (CareDx, Inc.)
