Overdue Payments. For each payment of Monthly Rent or other sum due hereunder that is not paid when due, and for each month in which such payment remains past due, Lessee agrees to pay FMA a delinquency charge at the rate of 1.5% of such payment, provided that such a delinquency charge is not prohibited by law, otherwise at the highest rate Lessee can legally obligate itself to pay and/or FMA can legally collect. Any sum due hereunder other than Monthly Rent shall be considered past due 5 days after the due date shown on FMA's invoice therefor.
Overdue Payments means, with respect to any Lease Contract, all amounts received during any Collection Period which represent late payments or collections of Scheduled Payments due but delinquent for a previous Collection Period and not previously received.
Overdue Payments. If TRW fails to pay an amount to be paid to SmarTire hereunder within the period herein prescribed for such payment, the unpaid amount will bear interest at two percent (2%) above the prime lending rate as established by the Chase Manhattan Bank, N.
A. of New York, New York, per annum, from the last day for payment until payment thereof is made to SmarTire.
Examples of Overdue Payments in a sentence
If the Customer fails to make payment by the agreed time, the Contractor shall be entitled to claim interest on any overdue amount, pursuant to the Act No. 100 of 17 December 1976 relating to Interest on Overdue Payments, etc.
If there are Overdue Payments outstanding for more than thirty (30) days, Modernizing Medicine reserves the right to suspend Users’ access to the Software until such amounts are paid in full.
In the event of late payment, the Vendor is entitled to interest on the amount due for payment pursuant to Act No. 100 of 17 December 1976 relating to Interest on Overdue Payments, etc.
Should any Party fail to make any payment due hereunder at the time and in the manner provided for herein, the amount due shall bear interest for the period starting on and including the due date for payment and ending on, but excluding the value date for payment, calculated in accordance with the Law relating to Interest on Overdue Payments etc.,of 17 December 1976 no.
In the event of late payment, the Supplier is entitled to interest on the amount due for payment pursuant to Act No. 100 of 17 December 1976 relating to Interest on Overdue Payments, etc.
More Definitions of Overdue Payments
Overdue Payments. There are times when a client may have an outstanding balance due to a missed appointment or extra services requested. A current Credit Card # is required to be held on file for the client for any outstanding balances. The client will receive an invoice by mail and/or e-mail (client preference), and will have 30 (thirty) days to remit payment. If the payment is not received within 30 (thirty) days, the credit card on file will be charged.
Overdue Payments. Any amount of Rent that is overdue shall bear interest at the lesser of: (a) the maximum rate payable by TENANT under State law; or (b) the rate of eighteen percent (18%) per annum from the date when such amount is due and payable under this Lease until the date paid.
Overdue Payments. Any rental due to Lessor under this Master Lease Agreement, if not paid within fifteen (15) days of its due date, shall accrue interest from the due date at the rate of eighteen percent (18%) per annum or the maximum rate allowable by law, whichever is less. Any other amounts payable to Lessor by Lessee under this Master Lease Agreement or any Equipment Schedule are due and payable within fifteen (15) days after the billing date, and if not paid on or before such due date, shall accrue interest from the due date until paid at the rate of eighteen percent (18%) per annum or the maximum rate allowable by law, whichever is less.
Overdue Payments. All monies due under this Lease from Lessee to Lessor shall be due on demand, unless otherwise specified and if not paid when due, shall result in the imposition of a service charge for such late payment in the amount of four percent (4%) of the amount due if rent not received by the tenth of the month.
Overdue Payments. The Client will pay the Editor within 7 days of receiving the Editor’s invoice. Any payment after the due date is subject to late fees of 3% per month (36% per year). Other Terms and Conditions Editor’s Status The Editor is an independent contractor. Nothing in this Agreement will be understood to create a partnership, joint venture or co-venture, agency, or employment relationship between the Client and the Editor. At the option of the Editor, the Client may credit the Editor for the work developed under this Agreement. Confidentiality and Non-Disclosure The Client will provide all information that has a direct bearing on the successful outcome of the project and will inform the Editor in writing of any portion of the work or related information that is confidential. The Editor will hold in confidence and not disclose the confidential information to any third party, except with the Client's written consent or as required by law with prior notice to the Client. The Editor will take all reasonable steps to safeguard and prevent the loss, destruction, or unauthorized access, use, or disclosure of the confidential information using a reasonable degree of care and no less than the same degree of care used to protect the Editor’s own confidential information. The Editor will promptly return to the Client or destroy, as directed by the Client, confidential information and any other Client property requested by the Client at any time. The Editor will not make any unauthorized use of any of the Client’s trade secrets, confidential information, proprietary property, trademarks, or copyrighted materials. Use of Copyrighted Work The Editor will endeavour to flag elements of a work that may require copyright permissions. However, unless otherwise specified in this Agreement, the Client accepts responsibility for complying with copyright laws and obtaining the necessary permission to use any elements of provided text, graphics, photos, music and song lyrics, designs, trademarks, or other created work to be included in the final product.
Overdue Payments. Place and Application of Payments••••• 7 Payments by the Executing Agency on behalf of the Borrower••••••••••••••• 8 Withdrawal and Application of Loan•••• 8 Period of Disbursement••••••••••••••• 9
Overdue Payments the LESSOR shall have the right to claim the payment of interest on all outstanding amounts owed by the LESSEE at an annual rate equal to the average prime rate posted daily for its Canadian dollar commercial loans by the principal chartered bank or caisse populaire with which the LESSOR conducts business, increased by five percent (5%) until said amounts are paid in full, without prejudice to its other rights and remedies.