PAYMENT OF LATE CHARGES Sample Clauses

PAYMENT OF LATE CHARGES. Any payment of interest received more than 10 days after the payment's due date, if accepted by AGENT, will be subject to a late charge of 5% of the total interest installment due. Nothing in the foregoing is intended to mean that AGENT will accept any payment after the payment's due date (after any applicable "grace" period). Nothing in the foregoing is intended to mean that AGENT's acceptance of any payment more than 10 days after the payment's due date, other than acceptance of payment of all sums outstanding under the Revolving Loan, is a cure of any default.
Sample 1
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PAYMENT OF LATE CHARGES. Late Charges will be payable to the Relevant Company within five (5) days after Supplier’s receipt of written notice from the Relevant Company advising of the late performance. The Relevant Company may, by written notice to Supplier and without prejudice to any other method of recovery, set off and deduct the amount of Late Charges payable to the Relevant Company from any current or future amounts owing to Supplier by the Relevant Company whether under the applicable Purchase Order or otherwise. The payment or deduction of such Late Charges shall not waive or limit any other right or remedy available to that Relevant Company nor relieve Supplier from its obligation to deliver the Products.
Sample 1Sample 2
PAYMENT OF LATE CHARGES. Any payment of interest or any other payment required hereunder (including any payment due under any of the Letter of Credit Obligations) received more than 10 days after the payment’s due date, if accepted by LENDER, will be subject to a late charge of 5% of the total interest installment. Nothing in the foregoing is intended to mean that LENDER will accept any payment after the payment’s due date (after any applicable “grace” period). Nothing in the foregoing is intended to mean that LENDER’s acceptance of any payment more than 10 days after the payment’s due date, other than acceptance of payment of all sums outstanding under the Revolving Loan and the Letter of Credit Obligations, is a cure of any default.
Sample 1
PAYMENT OF LATE CHARGES. Company shall provide invoices to the MSB by the fifth (5th) day of each month for the monthly installments of any Service Fees and such Other Expenses as are incurred for the previous month. Payment shall be made by the MSB within thirty (30) days of receiving a xxxx.. In the event that any portion of the Company invoice is disputed by the MSB , the MSB shall pay the undisputed portion of the invoice. If any payment required to be made by either party hereunder is not paid when due, such payments shall bear interest thereon from the date such payment was due to the date of receipt of payment by the party owed. Late payments shall bear interest at the rate equal to Xxxxx Fargo Prime Rate.
Sample 1

Related to PAYMENT OF LATE CHARGES

  • Late Charges Lessee hereby acknowledges that late payment by Lessee to Lessor of rent and other sums due hereunder will cause Lessor to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult to ascertain. Such costs include, but are not limited to, processing and accounting charges, and late charges which may be imposed upon Lessor by the terms of any ground lease, mortgage or deed of trust covering the Premises. Accordingly, if any installment of rent or other sum due from Lessee shall not be received by Lessor or Lessor's designee within ten (10) days after such amount shall be due, then, without any requirement for notice to Lessee, Lessee shall pay to Lessor a late charge equal to six percent (6%) of such overdue amount. The parties hereby agree that such late charge represents a fair and reasonable estimate of the costs Lessor will incur by reason of late payment by Lessee. Acceptance of such late charge by Lessor shall in no event constitute a waiver of Lessee's Default or Breach with respect to such overdue amount, nor prevent Lessor from exercising any of the other rights and remedies granted hereunder. In the event that a late charge is payable hereunder, whether or not collected, for three (3) consecutive installments of Base Rent, then notwithstanding Paragraph 4.1 or any other provision of this Lease to the contrary, Base Rent shall, at Lessor's option, become due and payable quarterly in advance.

  • Interest and Late Charges If Tenant fails to pay when due any Rent or other amounts or charges which Tenant is obligated to pay under the terms of this Lease, the unpaid amounts shall bear interest at the maximum rate then allowed by law. Tenant acknowledges that the late payment of any Monthly Installment of Base Rent will cause Landlord to lose the use of that money and incur costs and expenses not contemplated under this Lease, including without limitation, administrative and collection costs and processing and accounting expenses, the exact amount of which is extremely difficult to ascertain. Therefore, in addition to interest, if any such installment is not received by Landlord within ten (10) days from the date it is due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of such installment. Landlord and Tenant agree that this late charge represents a reasonable estimate of such costs and expenses and is fair compensation to Landlord for the loss suffered from such nonpayment by Tenant. Acceptance of any interest or late charge shall not constitute a waiver of Tenant's default with respect to such nonpayment by Tenant nor prevent Landlord from exercising any other rights or remedies available to Landlord under this Lease.

  • Late Charge If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

  • Interest Loan Payments Late Payment Charge 49 2.2.1 Payments. 49 2.2.2 Interest Calculation. 51

  • Payments of Principal and Interest Prepayments Fees Section 3.01 Repayment of Loans 35 Section 3.02 Interest 35 Section 3.03 Alternate Rate of Interest 36 Section 3.04 Prepayments 37 Section 3.05 Fees 38 ARTICLE IV PAYMENTS; PRO RATA TREATMENT; SHARING OF SET-OFFS

  • Prepayment Premium Borrower will be required to pay a prepayment premium in connection with certain prepayments of the Indebtedness, including a payment made after Lender’s exercise of any right of acceleration of the Indebtedness, as provided in the Note.

  • Prepayment Fees Borrower agrees to pay to each [New Term Loan Lender] the following prepayment fees, if any: [ ]. [Insert other additional prepayment provisions with respect to New Term Loans]

  • Mandatory Payments and Prepayments (a) Except to the extent due or paid sooner pursuant to the provisions of this Agreement, the aggregate outstanding principal of the Loans shall be due and payable in full on the Maturity Date.

  • Payment of Default Interest Any interest which shall have accrued under Clause 16.2 (Default Interest) in respect of an unpaid sum shall be due and payable and shall be paid by the Borrower at the end of the period by reference to which it is calculated or on such other dates as the Lender may specify by written notice to the Borrower.

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