Late Payments then Company may provide University with a written dispute notice (“Dispute Notice”). In the case of (i) and (ii) above such Dispute Notice must be received by University prior to expiration of the 60-day cure period referenced in Section 9.2 “Termination by University”, stating the basis of Company’s disagreement with respect to such default or cure. In the case of (iii) above such Dispute Notice must be received by University within thirty (30) days of being charged a late fee for such disputed amount. If Company disputes that a default has occurred as contemplated in Section 9.3 “Events of Default”, then Company may provide University with a Dispute Notice within thirty (30) days of University sending the notice of termination referenced in Section 9.3 “Events of Default”. Upon receipt of a Dispute Notice, University’s right to terminate this Agreement or demand payment of late fees will be suspended and all rights under this Agreement will continue unaffected provided the dispute resolution process in this Section 13.4 “Escalation; Dispute Resolution” is being exercised. Any dispute will first be escalated to Company’s Chief Executive Officer or to a representative from Company’s Board of Directors, and to University’s Vice President for Innovation Strategy, representatives of which will be instructed to work in good faith to attempt to reach a mutually acceptable resolution of the dispute that would avoid termination of this Agreement. If the representatives are unable to reach such resolution of the dispute within thirty (30) days of delivery of the Dispute Notice, an independent, neutral mediator acceptable to both Parties (acting reasonably) will be appointed. The Parties will submit their dispute to mediation according to such parameters as they may mutually agree in writing. The Parties agree to discuss their differences in good faith and to attempt in good faith, with facilitation by the mediator, to reach an amicable resolution of the dispute within thirty (30) days after the mediator’s appointment. If the Parties are not able to agree on resolution of the dispute within such period, or within ninety (90) days of the Dispute Notice, whichever is earlier, including agreeing on a new Performance Milestone pursuant to Section 5.2 “Renegotiation of Performance Milestones” if that is the subject of the dispute, then the dispute resolution process of this Section 13.4 “Escalation; Dispute Resolution” will be complete and either Party may pursue any o...
Late Payments. Any payment that delays the reduction of your balance will increase your total interest cost. We may accept late payments, partial payments, checks, or money orders marked “payment in full” or may delay enforcing any of our rights without forfeiting them and such action on our part shall not constitute a waiver of our rights.
Late Payments. All invoices shall be paid in full within 30 days. Any unpaid balance shall incur a late charge of 2%. In the event you fail to make payments (including late charges) when due, Ottawa may, in its sole discretion, withhold all goods or services that you have ordered from Ottawa until payment is received, and may require C.O.D. payments from you in the future.
Examples of Late Payments in a sentence
Should such inspection lead to the discovery of a discrepancy to Xxxxx’s detriment, BioAge will, within [*] after receipt of such report from the accounting firm, pay any undisputed amount of the discrepancy together with interest at the rate set forth in Section 3.7 (Late Payments).
The Parties agree that this clause constitutes a substantial remedy for the purposes of the Late Payments of Commercial Debts (Interest) Act 1998.
If there is a discrepancy, inconsistency or contradiction between the General Terms above and the terms specific to Czech Customers below, the latter shall apply: Late Payments – In addition to the provisions of Section 4.2.2 of the General Terms, the following shall apply: Customer shall pay interest for late payment at a statutory rate according to Sec.
If there is a discrepancy, inconsistency or contradiction between the General Terms above and the terms specific to Dutch Customers below, the latter shall apply: Late Payments – In addition to the provisions of Section 4.2.2 of the General Terms, the following shall apply: Customer shall pay interest for late payment at the minimum statutory rate for late payment in commercial transaction under Dutch law.
If there is a discrepancy, inconsistency or contradiction between the General Terms above and the terms specific to Norwegian Customers below, the latter shall apply: Late Payments – In addition to the provisions of Section 4.2.2 of the General Terms, the following shall apply: Customer shall pay interest for late payment in accordance with the Norwegian Act relating to Interest on Overdue Payments.
More Definitions of Late Payments
Late Payments. An account is considered delinquent the second day after the payment due date. If payment is not received by pick up the second day, the child will not be able to return the next day unless payment is made in full. Otherwise, payments after the due date will be considered late and will be charged a $5.00 per day late fee.
Late Payments. An account is considered delinquent if tuition is not paid within the first week of the month for which tuition is due. If payment is not received by the start of the second week, the child will not be able to return to school until payment is made. The $45 late fee will still be assessed. Please initial here to indicate that you understand and agree to abide by the above statement: Security Deposit, Registration Fee and First Month’s Tuition: Upon notification that a child has been accepted to Xxxxxx Street Day School, a security deposit equivalent to one month’s tuition is due. This deposit must be paid upon registration in order to secure the child’s position at Xxxxxx Street Day School. If no deposit is provided, the family forfeits enrollment. The security deposit is non-refundable. If a family enrolls a child at Xxxxxx Street Day School and later withdraws without ever attending or attending only a portion of the time, the security deposit is forfeited. The security deposit for a child who enrolled and attended will be held and returned upon withdrawal if all financial obligations have been fulfilled. The family must hand in a written and dated statement 30 days prior to the child’s last day.
Late Payments. Any amount due from Tenant to Landlord hereunder which is not paid within five (5) days after it is due shall be subject to a late charge in the amount of [***] of the amount unpaid and shall in addition bear interest at the Lease Rate, calculated from the due date until paid. The payment of such late charge and/or interest shall, however, not excuse or cure any default by Tenant under this Lease. The parties hereby agree that the aforestated late charge represents a fair and reasonable estimate of the costs Lessor will incur by reason of late payment by Tenant. Such costs include, without limitation, processing and accounting charges and any late charges that may be imposed on Landlord. If Tenant shall have been late in making Rental payments three (3) times during any twelve (12) month period, Landlord shall have the option, exercised by notice to Tenant, to require that beginning immediately thereafter, Minimum Annual Rental shall no longer be made in monthly installments on the first day of each calendar month, but each installment of such Minimum Annual Rental shall be payable three (3) months in advance until such time as Tenant has paid each installment of such Minimum Annual Rental in a timely manner for twelve (12) consecutive months, at which time Tenant shall be entitled to make payments of Minimum Annual Rental as regularly required under Section 5.2 above (i.e., Tenant shall no longer be obligated to pay each installment of Minimum Annual Rental three (3) months in advance).
Late Payments. As defined in Section 4 hereof.
Late Payments. For any payment that is not paid within five (5) days after its due date, Tenant shall pay a late fee of $50.00. HOLDOVER: If Tenant maintains possession of the Premises for any period after the termination of this Lease (“Holdover Period”), Tenant shall pay to Landlord lease payment(s) during the Holdover Period at a rate equal to 150% of the most recent rate preceding the Holdover Period. Such holdover shall constitute a month-to-month extension of this Lease.
Late Payments. In addition to promising to pay the "Total Payments" as set forth above, Borrower promises to pay past due interest accrued from maturity on each installment in default more than 10 days at the highest rate permitted by law. Borrower also agrees to pay all expenses actually incurred, including attorney fees, in collecting any amount payable under this Agreement, all to the extent allowed by law.
Late Payments. In the event that Tenant shall fail to pay to landlord within 5 days of the date when due, any payment owing to Landlord pursuant to the terms of this Lease, Tenant shall pay Landlord a late charge in the amount of ten percent (10%) of the rent payment then due in addition to said rent.