Late Penalty definition

Late Penalty means the penalty charged by the Lessor to the Lessee due to the Lessee’s delay in paying the Rent and other payables, which is calculated from the day on which such Rent and other payables are due as agreed to the actual payment thereof. The specific calculation method shall be subject to the Lease Schedule.

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Late Penalty means the charge for failure to pay any Cannabis Excise Tax owed to the City by its due date.

Late Penalty. All rents due on the first shall be received by Lessor on or before the tenth (10/th/) of each month. Lessor will impose a Late Penalty of one and one-half percent (1.5%) per month, each month on the balance owed and not received by the fifth or twentieth of each month.

Examples of Late Penalty in a sentence

• Bereavement leave shall be provided up to 10 days per person per occasion.

• Interest) or the DOE Late Penalty Charge) shall be made pursuant to the relevant FFB Credit Facility Documents.

• If the Borrower fails to pay in accordance with the terms of the FFB Credit Facility Documents, this Agreement or any other Loan Document (whether at scheduled maturity, as a mandatory prepayment, following an Alternate Amortization Event or otherwise) any principal of or interest on the DOE Guaranteed Loan when such principal or interest is due and payable, the Borrower shall pay to DOE the DOE Late Penalty Charge no later than three (3) Business Days after such amounts become due and payable.

• Late Penalty Fee of 5% will be accessed on all daily invoices that fall below $0.00 and are considered past due at the time of the next billing cycle and will continue to be billed until the account acquires a positive balance.

• If the Borrower fails to pay in accordance with the terms of the FFB Credit Facility Documents, this Agreement or any other Loan Document (whether at scheduled maturity, as a mandatory prepayment, by acceleration or otherwise) any principal of or interest on the DOE Guaranteed Loan when such principal or interest is due and payable, the Borrower shall pay to DOE the DOE Late Penalty Charge no later than three (3) Business Days after such amounts become due and payable.

• For the avoidance of doubt, Party B shall continue to perform the obligation to pay the repurchase price under this Agreement to Party A after paying the Late Penalty.

• For any outstanding and due amount payable by the Lessee, the Lessee shall pay the Lessor a Late Penalty at five ten thousandth of the amount in arrears for each day overdue.

• If the monthly license fee is paid after the first day of the month for which it is due, a late charge will be assessed, in accordance with the Schaumburg Municipal Code, Chapter 35.16 Late Penalty; Administration Fees, to the Village on the outstanding balance.

• Network Non-Dramatic Syndicated Mini-Series Prime Time Animated Film Non-Prime Time Late Penalty Incl.

• County shall deduct the Late Penalty assessed against Contractor from the final month’s payment due under the Agreement.

More Definitions of Late Penalty

Late Penalty. A late penalty of 10% will be added to your current bill amount, if the bill is not paid by 4:00 p.m. on the 15th of each month. $30.00. Unpaid returned payments will be subject to disconnection. Checks will no longer be accepted on accounts having two returned payments. Payments will be required in the form of cash, money order, or debit/credit cards.

Late Penalty. Any payment of rent or other charges received after 10 days from due date will be assessed a late charge of five percent (5%) on the total amount due.