Past Due Premiums and Fees Sample Clauses

Past Due Premiums and Fees. If a Premium payment or any fees are not paid in full by Contract Holder on or before the Premium Due Date, a late payment charge of 1 ½% of the total amount due per month (or partial month) will be added to the amount due. If all Premiums and fees are not received before the end of a 30 day grace period (the “Grace Period”), this Group Agreement will be automatically terminated pursuant to Section 6.3 hereof on the last day of the grace period. If the Group Agreement terminates for any reason, Contract Holder will continue to be held liable for all Premiums and fees due and unpaid before the termination, including, but not limited to, Premium payments for any period of time the Group Agreement is in force during the Grace Period. Members shall also remain liable for Member cost sharing and other required contributions to coverage for any period of time the Group Agreement is in force during the Grace Period. We may recover from Contract Holder Our costs of collecting any unpaid Premiums or fees, including reasonable attorneys’ fees and costs of suit.
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Past Due Premiums and Fees. If a Premium payment or any fees are not paid in full by Contract Holder on or before the Premium Due Date coverage will terminate as of the last day for which Premium was paid. However, if payment is received within the 30 day grace period (the “Grace Period”), following the date premium was due, coverage may be reinstated for the period for which Premium is paid pursuant to section 6.4. HMO has the option to provide Covered Benefits to Members during the Grace Period. If HMO elects to provide benefits during the Grace Period, Contract Holder shall be liable for payment of Premiums for the Grace Period. A late payment charge of 1 ½% of the total amount due per month (or partial month) will be added to the amount due. In the event HMO has extended Covered Benefits and Contract Holder has not paid all Premiums and fees, this Group Agreement will automatically terminate at the end of the 30 day Grace Period and Contract Holder will be liable for all monies due. We may recover from Contract Holder Our costs of collecting any unpaid Premiums or fees, including costs of suit.
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Past Due Premiums and Fees. If all Premiums and Fees are not received within 30-120 days following the Premium um Due Date (the "Grace Period"), Contract Holder's failure to make such payment will constitute a breach of this Group Agreement and this Group Agreement may be terminated by Us pursuant to the Termination by Us section hereof. If the Group Agreement terminates for any reason, Aetna will continue to charge all Premiums and Fees due and unpaid before the termination, including, but not limited to, Premium payments for any period of time the Group Agreement is in force during the Grace Period. Aetna shall also continue to collect Member's required contributions to coverage for any period of time the Group Agreement is in force during the Grace Period.
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Past Due Premiums and Fees. If a Premium payment or any fees are not paid in full by Contract Holder on or before the Premium Due Date, HMO will require Contract Holder to pay interest on the overdue amount at 1½% for each month overdue not to exceed 18% per year, commencing on the 31st day after the Premium Due Date. If all Premiums and fees are not received before the end of a 30 day grace period (the “Grace Period”), this Group Agreement will be automatically terminated pursuant to Section 6.3 hereof. If the Group Agreement terminates for any reason, Contract Holder will continue to be held liable for all Premiums and fees due and unpaid before the termination, including, but not limited to, Premium payments for any period of time the Group Agreement is in force during the Grace Period. Members shall also remain liable for Member cost sharing and other required contributions to coverage for any period of time the Group Agreement is in force during the Grace Period. We may recover from Contract Holder Our costs of collecting any unpaid Premiums or fees, including reasonable attorneys’ fees and costs of suit.
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Past Due Premiums and Fees. If a Premium payment or any fees are not paid in full by Contract Holder on or before the Premium Due Date, a late payment charge of 1½% of the total amount due per month (or partial month) will be added to the amount due. If all Premiums and fees are not received before the end of a 30 day grace period (the “Grace Period”), this Group Agreement will be automatically terminated pursuant to Section 6.3 hereof. If the Group Agreement terminates for any reason, Contract Holder will continue to be held liable for all Premiums and fees due and unpaid before the termination, including, but not limited to, Premium payments for any period of time the Group Agreement is in force during the Grace Period. Members shall also remain liable for Member cost sharing and other required contributions to coverage for any period of time the Group Agreement is in force during the Grace Period. We may recover from Contract Holder Our costs of collecting any unpaid Premiums or fees, including reasonable attorneys’ fees and costs of suit. The Contract Holder shall pay Premium for every Member covered under the Group Agreement through the date that the Contract Holder notifies Us of the date the Contract Holder intends to terminate this Group Agreement. The Contract Holder is required to pay Premiums up to the date that the Contract Holder notifies Us of their intent to not maintain coverage under the Group Agreement.
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Past Due Premiums and Fees. If a Premium payment or any fees are not paid in full by Contract Holder on or before the Premium Due Date, a late payment charge of 1 ½% of the total amount due per month (or partial month) will be added to the amount due. If all Premiums and fees are not received before the end of a 31 day grace period (the “Grace Period”), this Group Agreement will be automatically terminated pursuant to Section 6.3 hereof. If the Group Agreement terminates for any reason, Contract Holder will continue to be held liable for all Premiums and fees due and unpaid before the termination, including, but not limited to, Premium payments for any period of time the Group Agreement is in force during the Grace Period. Members shall also remain liable for Member cost sharing and other required contributions to coverage for any period of time the Group Agreement is in force during the Grace Period. In the event of non-payment of any amount due, We shall be entitled to all remedies provided for in law or in equity.
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Past Due Premiums and Fees. If a Premium payment or any fees are not paid in full by Contract Holder on or before the Premium Due Date, a late payment charge of 1½% of the total amount due per month (or partial month) will be added to the amount due. If all Premiums and fees are not received before the end of a 30 day grace period (the “Grace Period”), this Group Agreement will be automatically terminated pursuant to Section 6.3 hereof. If the Group Agreement terminates for any reason, Contract Holder will continue to be held liable for all Premiums and fees due and unpaid before the termination, including, but not limited to, Premium payments for any period of time the Group Agreement is in force during the Grace Period.
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Related to Past Due Premiums and Fees

  • Past Due Payments Provide the grace period (number of days) before a late charge is due if the tenant is late with rent payments. Specify whether the late charge will be a percentage of the monthly rent or a dollar amount per day. 15.

  • Finance Charges A finance charge is the cost you pay for credit. We will charge Interest Charges and Fees to your account as described to you in your statements and other Truth in Lending Disclosures. The fol- lowing describes how the finance charge will be calculated on the M-124281 Account. You have a 25-day grace (no finance charge) period on your pur- chase balance and for new purchases if you paid the entire New Balance on your last statement by the end of the grace period. You also have a 25-day grace period for new purchases if you did not have a balance on your last statement. The grace period starts on the billing cycle closing date. If you do not pay the entire New Balance by the end of the grace period, a finance charge will be imposed on the unpaid balance from the first day of the next billing cycle and on new purchases from the date they are posted to your Account. There is no grace period for cash advances. A finance charge will be imposed on cash advances from the date the cash advance is posted to your Account. Balance transfers as permit- xxx by Credit Union from time to time in Credit Union’s sole discre- tion will be treated as cash advances for the purpose of all finance charges and finance charge calculations. Finance charges on your Account are calculated by applying the applicable Monthly Periodic Rate to the average daily balances for purchases and cash advances. Separate average daily balances are calculated for purchases and cash advances. To get each av- erage daily balance, the daily balances for purchases and cash advances for the billing cycle are added and the totals are divided by the number of days in the cycle. To get the daily balance for cash advances, new cash advances are added to the day’s begin- ning balance and payments and credits are subtracted. To get the daily balance for purchases, new purchases are added to the day’s beginning balance and payments and credits are subtracted; how- ever, new purchases are not added if you paid the entire New Bal- ance on your last statement by the end of the grace period or if you did not have a balance on your last statement. Fees and unpaid finance charges are not included in the calculation of the average daily balance. Finance charges will continue to accrue on your Ac- count until what you owe under this Agreement is paid in full. Credit Union may offer balance transfer, introductory rate, or other special rate promotions for your Account from time to time in Credit Union’s sole discretion. The applicable Monthly Periodic Rate and ANNUAL PERCENTAGE RATE for any promotion and any promo- tion terms and conditions will be disclosed to before or at the time you make use of such promotion.

  • Collection Costs In the event collection efforts are required to obtain payment on this Account, to the extent permitted by law, You agree to pay all court costs, private process server fees, investigation fees or other costs incurred in collection and reasonable attorneys' fees incurred in the course of collecting any amounts owed under this Agreement or in the recovery of any Collateral.

  • Payment and Fees 4.1 Invoices will be sent via email and invoiced amounts include applicable sales taxes and VAT.

  • Dues and Fees Grantee certifies that it is not prohibited from receiving an Award because it pays dues or fees on behalf of its employees or agents, or subsidizes or otherwise reimburses them for payment of their dues or fees to any club which unlawfully discriminates (775 ILCS 25/1 et seq.).

  • Past Due Amounts If Tenant fails to pay when due any amount required to be paid by Tenant under this Agreement, such unpaid amount shall bear interest at the rate of twelve percent (12%) per annum from the due date of such amount to the date of payment in full, with interest. In addition, City may also charge a sum of five percent (5%) of such unpaid amount as a service fee, which the parties agree is a reasonable estimate of and liquidated damages for City’s additional costs for billing and collection arising from Tenant's failure to make payment in a timely manner. All amounts due under this Agreement are and shall be deemed to be rent or additional rent, and shall be paid without abatement, deduction, offset, prior notice, or demand (unless expressly provided by the terms of this Agreement). City’s acceptance of any past due amount (or its associated interest or service fee) shall not constitute a waiver of any default under this Agreement.

  • Reimbursement Premium (1) The Company shall, in a timely manner, pay the SBA its Reimbursement Premium for the Contract Year. The Reimbursement Premium for the Contract Year shall be calculated in accordance with Section 215.555, Florida Statutes, with any rules promulgated thereunder, and with Article X(2).

  • OUR CHARGES 6.1 We charge a brokerage fee for our services (the “Fee”). Unless otherwise agreed and where we are not acting as principal, the Fee will be levied in accordance with our rates in effect at the time the Fees are incurred or as otherwise notified to you, verbally or in writing prior to dealing. Any alteration to these Fees will be notified to you at or before the time of the change.

  • Overdue Charges If any invoiced amount is not received by Us by the due date, then without limiting Our rights or remedies, (a) those charges may accrue late interest at the rate of 1.5% of the outstanding balance per month, or the maximum rate permitted by law, whichever is lower, and/or (b) We may condition future subscription renewals and Order Forms on payment terms shorter than those specified in Section 6.2 (Invoicing and Payment).

  • Bank Charges Borrowers shall pay to Agent, on demand, any and all fees, costs or expenses which Agent or any Lender pays to a bank or other similar institution arising out of or in connection with (i) the forwarding to any Borrower or any other Person on behalf of any Borrower, by Agent or any Lender, of proceeds of Loans made to Borrowers pursuant to this Agreement and (ii) the depositing for collection by Agent or any Lender of any check or item of payment received or delivered to Agent or any Lender on account of the Obligations.

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