WIRED PAYMENTS; LATE PAYMENTS. All payments required under this Section 4 will be paid in immediately available, non-refundable funds either by way of check or as wired to AOL's account. All amounts owed hereunder not paid when due and payable will bear interest from the date such amounts are due and payable at the rate of 10% per year.
Appears in 3 contracts
Samples: Interactive Marketing Agreement (Etoys Inc), Interactive Marketing Agreement (Etoys Inc), Interactive Marketing Agreement (Etoys Inc)
WIRED PAYMENTS; LATE PAYMENTS. All payments required under this --------------- ------------- Section 4 will shall be paid in immediately available, non-refundable available funds either by way of check or as wired to AOL's account. All amounts owed hereunder not paid when due and payable will bear interest from the date such amounts are due and payable at the rate of 108% per year, or the highest legally permissible rate if below 8%.
Appears in 2 contracts
Samples: Interactive Services Agreement (Preview Travel Inc), Interactive Services Agreement (Preview Travel Inc)
WIRED PAYMENTS; LATE PAYMENTS. All payments required under this Section 4 will be paid in immediately available, non-refundable funds either by way of check or as wired to AOL's account. All amounts owed hereunder not paid when due and payable will bear interest from the date such amounts are due and payable at the prime rate of 10% per yearin effect at such time as published in the Wall Street Journal.
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