PAYMENT TERMS AND INTEREST. (1) The price is paid annually in advance unless otherwise agreed in writing.
PAYMENT TERMS AND INTEREST. (1) Payment is due on or before the date stated on Alaris’ invoice but in any event shall not exceed 60 days from the date of invoice.
PAYMENT TERMS AND INTEREST. (1) Payment is due on or before the date stated on Xxxxxx’s invoice but in any event shall not exceed 60 days from the date of invoice.
PAYMENT TERMS AND INTEREST. Standard payment terms are net 30 days from the date of shipment unless otherwise agreed in writing by EqualLogic's Chief Financial Officer or his designee. On occasion alternative payment terms may need to be set when orders exceed VAR's established credit limit or if a shipment is being shipped outside of the United States or Canada (these terms will be set prior to any shipment of products to the VAR. VAR may make payments to EqualLogic via a major credit card; however a 3% processing fee will be added on all credit card orders. Any payment which is delayed for more than thirty (30) days beyond the due date shall be subject to an interest and service charge of one and one-half percent (1.5%) per month, or, if less, the maximum allowed by applicable law, compounded monthly from the date such payment first became due until paid.
PAYMENT TERMS AND INTEREST. 3.1. In the event that any sum payable under this Agreement is not paid by its due date, interest will be payable on such sum at the rate of 4% per annum above National Westminster Bank Plc’s base rate for the time being in force, compounded annually, from the date on which payment was due to the date payment is received, or for such other period as may be specified in this Agreement.
3.2. Nothing in this Agreement shall be construed as a loan from the Funder to any of the Claimants or giving rise to a lender/borrower arrangement.
PAYMENT TERMS AND INTEREST. All invoices are payable in US Dollars within thirty (30) days after the receipt of the relevant invoice. All prices are exclusive of all taxes, duties or other government fees of any kind, except for taxes imposed on AAI’s income by the taxing authority in AAI’s home jurisdiction, and Licensee shall pay AAI such additional amount as shall cause the net amount of the aggregate payment to AAI, after giving effect to any taxes required to be collected or deducted by AAI, to equal the amount of the payment otherwise due to AAI under this Agreement. AAI may impose interest on late payments at the lower of 1.5% per month or the maximum rate allowable by applicable law. Licensee shall pay all of AAI’s reasonable fees, costs and expenses (including reasonable attorney’s fees) if legal action is required to collect outstanding undisputed balances.
PAYMENT TERMS AND INTEREST. All invoices are payable net thirty (30) days after the invoice date. Without limiting any other remedies, payments received later than thirty (30) days after the invoice date will accrue late charges at a rate of one and one-‐half percent (1.5%) per month, or the maximum rate allowed under law, whichever is lower, until the date paid.
PAYMENT TERMS AND INTEREST. All payments of service fees, reimbursements of expenses, and other fees or charges due and payable under this Agreement shall be made within thirty (30) days of the date of Nextel's receipt of LCC's invoice. All past due payments shall bear interest, until paid in full at the rate of one percent (1%) per month or the highest rate allowed by applicable law, whichever is lower. Should LCC commence an action against Nextel to collect any payments due, Nextel agrees to pay all reasonable costs of collection, together with interest due and reasonable attorneys' fees.
PAYMENT TERMS AND INTEREST. All payments of software license fees under Section 5.1 hereof shall be made on or before the first day of each month during the term of this Agreement. All payments of service fees, reimbursements of expenses, software maintenance and support fees, and other fees or charges due and payable under this Agreement shall be made within thirty (30) days of the date of Nextel's receipt of LCC's invoice. All past due payments shall bear interest until paid in full at the rate of one percent (1%) per month or the highest rate allowed by applicable law, whichever is lower. Should LCC commence an action against Nextel
PAYMENT TERMS AND INTEREST. Payment shall be made within 30 days for domestic or 45 days for foreign orders from the date of the Department’s or the Contractor’s invoice, unless advance payment and/or a shorter period is specified in this Order. All amounts payable under this Order (net of any applicable tax credit under the Internal Revenue Code, 26 U.S. C. 1481) shall bear simple interest from the date of delinquency until paid, unless paid within 30 days of becoming due. The date of delinquency is the date the Department or the Contractor mailed or hand-delivered the billing notice or invoice. The interest rate will be set at the same rate as the Treasury’s Current Value of Funds Rate (prescribed and published by the Secretary of the Treasury in the Treasury Financial Manual Bulletin) for the period in which the debt became delinquent. An administrative charge shall be imposed per delinquent invoice per 30-day period from the date of delinquency to cover the costs associated with collecting the debt, unless paid within 30 days of becoming due. A penalty charge, accruing from the date of delinquency, shall be assessed at 6% per year on any portion of a debt that is outstanding for more than 90 days, including any interest and administrative costs. Payments shall be applied first to accrued penalty charges, then to accrued administrative charges, then to accrued interest, and finally to the principal, pursuant to 4 CFR 102.13(f). Interest, administrative charges, and penalty charges do not apply to a) other Federal agencies, b) other management and operating contractors of the Department, and c) State and local governments. 4.
