Payment and Interest. The amount determined payable pursuant to the decision, less any portion already paid, normally should be paid without awaiting Contractor action concerning appeal. Such payments shall be without prejudice to the rights of either party. Interest on amounts ultimately determined to be due to a Contractor shall be payable at the Statutory rate applicable to judgments against the State under Chapter 662, HRS from the date of receipt of a properly certified final written statement of actual adjustment required until the date of decision; except, however, that if an action is initiated in circuit court, interest under this Section 7.25, DISPUTES AND CLAIMS (§3-126-31 HAR) shall only be calculated until the time such action is initiated. Interest on amounts due the Department from the Contractor shall be payable at the same rate from the date of issuance of the Project Manager’s notice to the Contractor. Where such payments are required to be returned by a subsequent decision, interest on such payments shall be paid at the statutory rate from the date of payment.
Payment and Interest. Except as specified herein, all Losses (other than Taxes) will bear interest at a rate per annum, calculated and payable monthly, equal to the Prime Rate plus 1.0% from and including the date the Indemnified Party disbursed funds or suffered or incurred a Loss to, but excluding, the day of payment by the Indemnifying Party to the Indemnified Party, with interest on overdue interest at the same rate. All Losses that are Taxes will bear interest at a rate per annum, calculated and payable monthly, equal to the Prime Rate plus 1.0% from and including the date the Indemnified Party paid such Taxes to, but excluding, the day of payment by the Indemnifying Party to the Indemnified Party of the Indemnity Payment in respect of such Taxes, with interest on overdue interest at the same rate.
Payment and Interest. All amounts to be paid by an Indemnifier hereunder shall bear interest at a rate per annum equal to the Bank Rate, calculated annually and payable monthly, both before and after judgment, from the date that the Indemnified Party disbursed funds, suffered damages or losses or incurred a loss, liability or expense in respect of a Loss for which the Indemnifier is liable to make payment pursuant to this Article 12, to the date of payment by the Indemnifier to the Indemnified Party.
Payment and Interest. Upon each voluntary prepayment of this Note, in whole or in part, the Company will pay to the Noteholder the amount of this Note to be prepaid, as set forth in the notice delivered pursuant to Section 3.5 hereof, together with unpaid interest in respect thereof accrued to and including the prepayment date.
Payment and Interest. The Company payment terms are net 30 days. The Customer shall make all payments due hereunder in accordance with the terms of this agreement and as stated on our invoices or other notices of terms, without any right of offset or retention and without regard to any agreement The Customer may have with other parties. If The Customer fails to pay in full the invoice amount when due, The Customer agrees to pay interest on the unpaid balance from the date when due until paid in full at the rate selected by The Company, not to exceed the lesser of 18% per annum or the highest lawful rate, specifically including post judgment. The Customer agrees to pay any and all costs and expenses incurred by The Company in collecting from The Customer any past due amounts, including but not limited to reasonable attorney fees, court costs and collection agency fees. The Company may suspend deliveries during any period when The Customer has overdue balances or evidence of a changed financial condition.
Payment and Interest. 4.1 The Client shall pay the amounts specified on the dates set out in and in accordance with the terms contained within the Agreement.
4.2 Interest on overdue invoices shall accrue from the date when payment becomes due calculated on a daily basis until the date of payment at the rate of statutory interest. Such interest shall accrue after as well as before any judgment.
4.3 The Client shall pay all accounts in full and not exercise any rights of set-off or counter-claim against invoices submitted by the Company.
4.4 The Company shall be entitled to charge the Client for any expenses reasonably incurred in connection with the supply of the Services, including but not limited to travelling expenses, accommodation costs, subsistence and any associated expenses, and for the cost of services provided by third parties and required by the Company for the performance of the Services and for the cost of any materials.
4.5 The Company reserves the right to increase its rates from time to time.
4.6 If the Client fails to make any payment for web hosting services supplied by the Company, the Company reserves the right to remove the Client’s website from its servers and withhold the Client’s access to its website and/or email services.
4.7 The Company reserves the right to charge the Client a fee in the sum of £90 plus VAT for reactivation of the website and/or email services where payment is received from the Client following withdrawal of its services pursuant to clause 4.6.
4.8 The Company reserves the right to charge the Client a fee in the sum of £15 plus VAT for the administration of the collection of Charges by Direct Debit where an earlier attempt to collect the Charges by Direct Xxxxx has failed.
Payment and Interest. All Losses shall bear interest at a rate per annum equal to the Prime Rate, calculated and payable monthly, both before and after judgment, with interest on overdue interest at the same rate, from the date that the Indemnitee disbursed funds, suffered damages or losses or incurred a loss, liability or expense in respect of a Loss, to the date of payment by the Indemnitor to the Indemnitee.
Payment and Interest. Applicant agrees to pay, in full, the invoice amount for all purchases made from MRM promptly when due. Invoice amounts are due 30 days following delivery of the material ("Net 30"). MRM may apply any payment made by or on behalf of Applicant to any account then outstanding between Applicant and MRM. Applicant waives any right to require any particular application of any such payment. If Applicant fails to pay in full the invoice amount when due, MRM shall assess, without notice or further act, and Applicant hereby agrees to pay, interest charges at the rate of 1.5% per month (18% per annum), but not to exceed the maximum legal rate, if any, on any unpaid amount and MRM is not required to furnish any additional material on credit to Applicant while Applicant's account is in arrears. Applicant agrees to pay any and all fees and costs incurred by MRM if Applicant's check is returned by the bank for any reason including, without limitation, for insufficient funds. Sales and Use Taxes: Applicant is responsible for and agrees to pay any sales, transaction privilege or use tax due on its purchases unless Applicant has provided satisfactory proof of its tax exempt status, such as a resale or exemption certificate. MRM will include on the invoice any sales, transaction privilege or use taxes due on Applicant's purchase, if for any reason, MRM is required to pay sales, transaction privilege or use taxes in connection with any sale to Applicant, Applicant hereby agrees to indemnify and hold harmless MRM for the amount of all such tax paid and for the amount of all costs, including, but not limited to, attorneys' fees, incurred by MRM in relation thereto. Fees for Collection: Applicant agrees to pay any and all costs and expenses, including, but not limited to reasonable attorneys' fees, incurred by MRM in collecting from Applicant any past due amount. Initial Accuracy of Information: Applicant represents and warrants that any and all information now or hereafter supplied by or on behalf of Applicant to MRM is and will be accurate and complete and Applicant will, upon request, demonstrate to MRM's satisfaction the accuracy and completeness of any such information. Applicant will promptly notify MRM of any material change in any such information. Change in Financial Status: Applicant shall notify MRM by certified mail, within forty-eight (48) hours after any material change in Applicant's financial or ownership status occurs, including, but not limited to, the formati...
Payment and Interest. 8.3.1 Any payment to be made pursuant to Clauses 8.1 or 8.2 shall:
(a) to the extent possible, be aggregated and discharged by way of set-off between these payments;
(b) be made by wire transfer of immediately available funds to such bank account as the recipient Party may designate on or before the fifth (5th) Business Day after the Statements become final and binding upon the Seller and the Purchaser pursuant to Clause 7 and Schedule 11; and
(c) include interest thereon calculated from the day after the Effective Time to the date of payment, both days inclusive, at the Interest Rate.
8.3.2 All payments (including interest payments) made under this Clause 8 shall be made on account of the Purchase Price.
Payment and Interest. All Losses in respect of a Third Party Claim shall bear interest at a rate per annum equal to the Prime Rate, calculated and payable monthly, both before and after judgment, with interest on overdue interest at the same rate, from the date that YC disbursed funds, suffered damages or losses or incurred a loss, liability or expense in respect of the applicable Losses in respect of a Third Party Claim, to the date of payment by the Vendor to YC.
