late payment penalty definition

late payment penalty means the penalty fee imposed on a defaulting debtor
late payment penalty means an amount equal to the product of Four Percent (4%) and the amount of any overdue and unpaid amount under this Lease.
late payment penalty is defined in Section 2.2.

Examples of late payment penalty in a sentence

  • The lessee shall pay a fee for any late payment or returned check issued by the lessee as follows: (1) Late Payment Penalty: The greater of either the fee specified in 11 AAC 05.010 or interest at the rate set by AS 45.45.010(a) will be assessed on a past-due account until payment is received by the lessor.

  • For the avoidance of doubt, payment by Licensee within thirty (30) days past the due date will not be considered a Late Payment subject to a Late Payment Penalty.

  • In addition the law allows a $100 per month (or fraction of a month) penalty.2. Late Payment Penalty - 5% of the outstanding balance may be imposed.

  • In addition to the exchange rate, we will charge the applicable international transaction fee.7. Late Payment Penalty Fee.If the minimum required payment is not received within ten (10) days after the payment due date, the late payment penalty fee will be imposed.8. Expedited Credit Card Production and Delivery Charge.

  • In addition the law allows a $100 per month (or fraction of a month) penalty.2. Late Payment Penalty - 5% of the outstanding tax balance may be imposed.


More Definitions of late payment penalty

late payment penalty means the penalty fee imposed on a defaulting debtor appearing on the debt collection action list, and is due and payable irrespective of whether the services have been suspended or not;
late payment penalty means an administrative penalty imposed in respect of the failure of a licensee to pay any amount payable under this Act or regulations made under this Act on or before the date on which the amount is due for payment.
late payment penalty. A late payment penalty shall be added to any rent not received by Landlord within ten (10) days of the due date. Such penalty shall be five percent (5%) of the monthly rent or additional rent due.
late payment penalty means late payment penalty imposed under section 63;
late payment penalty. If any Royalty is not paid within twenty (20) days of the date when due, Purchaser agrees to pay and will be obligated to pay as additional Percentage Compensation for that month an amount equal to five percent (5%) of the amount otherwise payable.
late payment penalty means an administrative penalty imposed by the Commission under regulation 5A.”;
late payment penalty means the penalty payable under section 44 of the Tax Administration Decree;