Common use of PAYMENTS AND LATE CHARGES Clause in Contracts

PAYMENTS AND LATE CHARGES. Operator shall transmit to Licensee each monthly Royalty Fee payment accompanied by a statement showing how the Royalty was calculated by the twenty-fifth (25th) day of the next calendar month. All payments from Operator to Licensee shall be paid by bank check made payable to the order of Licensee, mailed to Hispanic Information and Telecommunications Network, Inc., 63 Flushing Avenue, Unit 281, Brooklyn, NY 11205, Attn: Xxxxxxxxxx Xxxxxxxxxx, xx xxxxxx xx xxxx xxxxx address as Licensee shall designate in writing to Operator. If Operator shall fail to make the whole or any part of a payment to Licensee required by the terms of this Agreement within ten (10) days of the due date therefore, then interest shall accrue on such delinquent amount (both before and after judgment) at the lesser of the highest lawful rate and the rate of one and one-half percent (1.5%) per month (based upon a thirty (30) day month) and shall be payable upon Licensee's demand.

PAYMENTS AND LATE CHARGES. Operator shall transmit to Licensee each monthly Royalty Fee payment accompanied by a statement showing how the Royalty was calculated by the twenty-fifth (25th) day of the next calendar month. All payments from Operator to Licensee shall be paid by bank check made payable to the order of Licensee, mailed to Hispanic Information and Telecommunications Network, Inc., 63 Flushing Avenue449 Broadway, Unit 2813rd Floor, BrooklynNew York, NY 1120510013, Attn: Xxxxxxxxxx Xxxxxxxxxx, xx xxxxxx xx xxxx xxxxx xther address as Licensee shall designate in writing to Operator. If Operator shall fail to make the whole or any part of a payment to Licensee required by the terms of this Agreement within ten (10) days of the due date therefore, then interest shall accrue on such delinquent amount (both before and after judgment) at the lesser of the highest lawful rate and the rate of one and one-half percent (1.5%) per month (based upon a thirty (30) day month) and shall be payable upon Licensee's demand.

PAYMENTS AND LATE CHARGES. Operator shall transmit to Licensee each monthly Royalty Fee payment accompanied by a statement showing how the Royalty was calculated by the twenty-fifth (25th) day of the next calendar month. All payments from Operator to Licensee shall be paid by bank check made payable to the order of Licensee, mailed to Hispanic Information and Telecommunications Network, Inc., 63 Flushing Avenue000 Xxxxxxxx, Unit 2810xx Xxxxx, BrooklynXxx Xxxx, NY 11205XX 00000, Attn: Xxxxxxxxxx XxxxxxxxxxAccounting Department, xx xxxxxx xx xxxx xxxxx or mailed to such other address as Licensee shall designate in writing to Operator. If Operator shall fail to make the whole or any part of a payment to Licensee required by the terms of this Agreement within ten (10) days of the due date therefore, then interest shall accrue on such delinquent amount (both before and after judgment) at the lesser of the highest lawful rate and the rate of one and one-half percent (1.5%) per month (based upon a thirty (30) day month) and shall be payable upon Licensee's demand.