Common use of TIME FOR PAYMENT AND INTEREST Clause in Contracts

TIME FOR PAYMENT AND INTEREST. The Owner shall promptly invoice the Hirer for all sums payable under this Agreement. If any sums which become due and payable are not actually received by the Owner within the period specified in Box 14 Part I of this Agreement, they shall attract interest in accordance with the rate set out in Box 14 Part I.

Appears in 3 contracts

Samples: www.marine-salvage.com, www.marine-salvage.com, www.americansalvage.org

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TIME FOR PAYMENT AND INTEREST. The Owner shall promptly invoice the Hirer for all sums payable under this Agreement. If any sums which become due and payable are not actually received by the Owner within the period specified in Box 14 17 of Part I of this Agreement, Agreement they shall attract interest in accordance with the rate set out in Box 14 17 Part I.

Appears in 2 contracts

Samples: www.americansalvage.org, www.marine-salvage.com

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