Delinquent Payment Fee definition

Delinquent Payment Fee shall have the meaning given to such term in Section 2.15 hereof.
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Examples of Delinquent Payment Fee in a sentence

  • As of the 23rd of the month, any accounts that are late shall be subject to the Delinquent Payment Fee as outlined in the District Rates and Fees Schedule.

  • My (our) account will be considered delinquent if payment is not received by the 1st of the month and may be subject to the Delinquent Payment Fee.

  • Delinquent Payment Fee: Every certificate which has not been renewed on or before February 15 shall be subject to a delinquent payment fee.

  • In the event that any payment due and payable hereunder is not received by the Bank on the Payment Date when due, the Borrower shall, upon request from the Bank, pay to the Bank a delinquent payment fee (the "Delinquent Payment Fee") in an amount equal to the greater of (i) one percent (1%) of the amount of the late payment, and (ii) $500.00.

  • If the assessment is not paid within thirty (30) days, the lien shall include the Delinquent Payment Fee, interest, not to exceed the maximum legal rate, on the principal amount due, and all late charges from the date first due and payable, all costs of collection, reasonable attorney's fees actually incurred, and any other amountsprovided or permitted by law.

  • In the event that any payment due and payable hereunder is not received by the Bank on the Payment Date when due, the Borrower shall, upon request from the Bank, pay to the Bank a delinquent payment fee (the "Delinquent Payment Fee") in an amount equal to the greater of (i) one percent (1%) of the amount of the late payment and (ii) $500.00.

  • In the event that any payment due and payable hereunder is not received by the Bank on the Payment Date when due, the Borrower shall, upon request from the Bank, pay to the Bank a delinquent payment fee (the "Delinquent Payment Fee") in an amount equal to five percent (5%) of the amount of the late payment or such lesser amount as may be agreed to by the Bank.

Related to Delinquent Payment Fee

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Late Payment Charge means the charge that is applied when either Party fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by either Party as of the Bill Due Date, or if either Party does not submit the Remittance Information.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Payment month means, for all programs except EA, the calendar month for which benefits are issued.

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Closing Payment Amount shall have the meaning set forth in Section 3.1(a).

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Contract Fee means the lump sum rates as outlined in Schedule ‘B’ – Quote Form.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Defaulted Swap Termination Payment Any Swap Termination Payment required to be paid by the Trust to the Swap Provider pursuant to the Interest Rate Swap Agreement as a result of an Event of Default (as defined in the Interest Rate Swap Agreement) with respect to which the Swap Provider is the defaulting party or a Termination Event (as defined in the Interest Rate Swap Agreement) (other than Illegality or a Tax Event that is not a Tax Event Upon Merger (each as defined in the Interest Rate Swap Agreement )) with respect to which the Swap Provider is the sole Affected Party (as defined in the Interest Rate Swap Agreement).

  • Ticking Fee has the meaning specified in Section 2.09(b).

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.