Common use of Payment Default Clause in Contracts

Payment Default. If overdue consideration, with the addition of late payment interest, has not been paid within thirty (30) calendar days of the due date, the Contractor may send a written notice to the Customer, stating that the Agreement will be terminated for breach, unless settlement has taken place within sixty (60) calendar days of receipt of such notice. Termination for breach may not take place if the Customer settles the overdue consideration, with the addition of late payment interest, by the expiry of the deadline.

Payment Default. ‌ If overdue consideration, with the addition of late payment interest, has not been paid within thirty (30) calendar days of the due date, the Contractor may send a written notice to the Customer, stating that the Agreement will be terminated for breach, unless settlement has taken place within sixty (60) calendar days of receipt of such notice. Termination for breach may not take place if the Customer settles the overdue consideration, with the addition of late payment interest, by the expiry of the deadline.

Payment Default. ‌ If overdue consideration, with the addition of late payment interest, has not been paid within thirty (30) calendar days of the due date, the Contractor Consultant may send a written notice to the Customer, stating that the Agreement will be terminated for breach, unless settlement has taken place within sixty (60) calendar days of receipt of such notice. Termination for breach may not take place if the Customer settles the overdue consideration, with the addition of late payment interest, by the expiry of the deadline.

Payment Default. If overdue consideration, with the addition of late payment interest, has not been paid within thirty (30) calendar days of the due date, the Contractor Consultant may send a written notice to the Customer, stating that the Agreement will be terminated for breach, unless settlement has taken place within sixty (60) calendar days of receipt of such notice. Termination for breach may not take place if the Customer settles the overdue consideration, with the addition of late payment interest, by the expiry of the deadline.

Payment Default. If overdue consideration, with the addition of late payment interest, has not been paid within thirty (30) calendar days of the due date, the Contractor may send a written notice to the Customer, stating that the Agreement will be terminated for breach, unless settlement has taken place within sixty (60) calendar days of receipt of such notice. Termination for breach may not take place if the Customer settles the overdue consideration, with the addition of late payment interest, by the expiry of the deadlinetime limit.

Payment Default. If overdue consideration, with the addition of late payment interest, has not been paid within thirty (30) calendar days of the due date, the Contractor Supplier may send a written notice to the CustomerContractor, stating that the Agreement will be terminated for breach, unless settlement has taken place within sixty (60) calendar days of receipt of such notice. Termination for breach may not take place if the Customer Contractor settles the overdue consideration, with the addition of late payment interest, by the expiry of the deadline.

Payment Default. ‌ If overdue consideration, with the addition of late payment interest, has not been paid within thirty (30) calendar days of the due date, the Contractor may send the Customer a written notice to the Customer, stating that the Agreement will be terminated for breach, unless settlement has taken place within sixty (60) calendar days of receipt of such the notice. Termination for breach may not take place if the Customer settles the overdue consideration, with the addition of late payment interest, by prior to the expiry of the deadline.

Payment Default. If overdue consideration, with the addition of late lay payment interest, has not been paid within thirty (30) calendar days of the due date, the Contractor may send a written notice to the Customer, Customer stating that the Agreement will be terminated for breach, breach unless settlement has taken place within sixty (60) calendar days of receipt of such notice. ., Termination for breach may not take place if the Customer settles the overdue consideration, with the addition of late overdue payment interest, by the expiry of the deadline.

Payment Default. If overdue consideration, with the addition of late lay payment interest, has not been paid within thirty (30) calendar days of the due date, the Contractor may send a written notice to the Customer, Customer stating that the Agreement will be terminated for breach, breach unless settlement has taken place within sixty (60) calendar days of receipt of such notice. , Termination for breach may not take place if the Customer settles the overdue consideration, with the addition of late payment interest, by the expiry of the deadline.

Payment Default. If overdue considerationpayment, with the addition of late payment interest, has not been paid within thirty (30) calendar days of the due date, the Contractor Supplier may send a written notice to the Customer, stating that the Agreement will be terminated for breach, unless settlement has taken place within sixty (60) calendar days of receipt of such notice. Termination for breach may not take place if the Customer settles the overdue considerationpayment, with the addition of late payment interest, by the expiry of the deadline.