Late Payment definition

Late Payment means any amount that is due and payable by law under a written procurement contract, without deferral, delay, or set-off under COMAR 21.02.07.03, and remains unpaid more than 45 days after an agency receives a Proper Invoice.

Late Payment means a fee payment which is postmarked after the due date.

Late Payment. A payment is late if you do not pay at least an amount equal to the Minimum Monthly Payment by the Payment Due Date.

Examples of Late Payment in a sentence

• In the event of payment of a Monthly Bill by the Buying Entity beyond the Due Date, a Late Payment Surcharge (LPS) shall be payable by the Buying Entity to SECI on the outstanding payment as per applicable LPS rule notified by MoP or any subsequent amendments, at the base rate of Late Payment Surcharge applicable for the period for the first month of default.

• In the event of delay in payment of a Monthly Bill by EDG beyond thirty (30) days of its Due Date, a Late Payment Surcharge shall be payable to the SPG at the rate of 1.25% per month on the outstanding amount calculated on a day to day basis.

• Each ACH credit transfer must be received by AT&T-12STATE no later than the Bill Due Date of each bill or Late Payment Charges will apply.

• Due Date and Late Payment Charge: The due date of the customer bill shall be 21 days from the date of transmittal.

• The first time we do not receive a required minimum payment when due, we may charge a Late Payment Fee of the minimum payment due or $29, whichever is less.

More Definitions of Late Payment

Late Payment means payment not made within the contractual or statutory payment period as set out in Article 3;

Late Payment means any payment made to the Company or its authorized agent after the due date printed on the bill.

Late Payment means Borrower's failure to pay any amount hereunder ------------ when due, without giving effect to any cure period, if any.

Late Payment means any payment that is not received within 15 days of the due date.

Late Payment. If the required minimum payment due under this Agreement is not paid within five days after the Closing Date subsequent to the Payment Due Date, your account may be charged, and you agree to pay, LATE CHARGE of $25.00. No further late charges will be imposed after this Agreement has become due and payable in full due to default as specified in the section of the Agreement entitled “Default.

Late Payment. Charges: I understand and agree that if I fail to pay my student account bill or any monies due by the scheduled due date, Fontbonne University will assess a late fee of $25.00 per month until my past due account is paid in full.

Late Payment has the meaning given to it in clause 5.3 (a);