Late Fee Penalty Sample Clauses

Late Fee Penalty. There may be times when one or more Roommates face the possibility of failing to submit the rent in a timely manner. If the Landlord intends to impose a late fee upon a Roommate who has not paid the rent after a certain number of days then select the checkbox corresponding to the “Late Fee” statement in Article VI. (22) Late Fee Details. Document the late fee amount that will be assessed to a Roommate’s account if he or she has not paid rent within a given number of days from its due date and the maximum number of days that may pass after the due date when an unpaid rent bill may be satisfied without this penalty being imposed to the spaces provided. (23)
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Late Fee Penalty. There may be times when one or more Roommates face the possibility of failing to submit the rent in a timely manner. If the Landlord intends to impose a late fee upon a Roommate who has not paid the rent after a certain number of days then select the checkbox corresponding to the “Late Fee” statement in Article VI.
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Late Fee Penalty. In the event that the Registration Date does ---------------- not occur within five (5) Trading Days immediately following the Settlement Date, a daily late fee penalty shall be imposed on CNTO for each day after the Settlement Date through the day immediately prior to the Registration Date (the "Late Fee"). The daily Late Fee imposed shall be equal to the United States three-month Treasury Xxxx interest rate, divided by 365 days, as quoted in the Wall Street Journal as of the Settlement Date, multiplied by xxxxxxxxxx The Late Fees shall be due and payable to Lilly thirty (30) days after the Settlement Date and to the extent applicable every thirty (30) days thereafter.
Sample 1
Late Fee Penalty. Payments received twenty (20) calendar days after the scheduled repayment date are subject to a late payment penalty equal to 1% of the past due amount but not less than $25.00 per transaction.
Sample 1

Related to Late Fee Penalty

  • Late Payment Penalty If any portion of the principal of or interest on this Debenture shall not be paid within ten (10) days of when it is due, the Discount Multiplier under this Debenture shall decrease by one percentage point (1%) for all conversions of this Debenture thereafter.

  • Late Fee All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

  • Late Fee; Default Rate If any payment is not made within ten (10) days after the date such payment is due, Borrower shall pay Bank a late fee equal to the lesser of (i) five percent (5%) of the amount of such unpaid amount or (ii) the maximum amount permitted to be charged under applicable law. All Obligations shall bear interest, from and after the occurrence and during the continuance of an Event of Default, at a rate equal to five (5) percentage points above the interest rate applicable immediately prior to the occurrence of the Event of Default.

  • Interest Rates and Letter of Credit Fee RATES, PAYMENTS, AND CALCULATIONS.

  • Interest Rates and Letter of Credit Fee Rates Payments and Calculations (a) Interest Rates. Except as provided in Section 2.13(c) and Section 2.15(a), all Obligations (except for the undrawn portion of the face amount of Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to the lesser of (i) the LIBOR Rate plus the Applicable Margin, or (ii) the maximum rate of interest allowed by applicable laws; provided, that following notice to Borrower in accordance with Section 2.15(a) hereof, all Obligations that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal, during the duration of the circumstances described in Section 2.15(a), to the lesser of (A) the Base Rate plus the Applicable Margin as calculated pursuant to Section 2.15(a) or (B) the maximum rate of interest allowable by applicable laws.

  • Prepayment Penalty Each Mortgage Loan that is subject to a Prepayment Penalty as provided in the related Mortgage Note is identified on the related Mortgage Loan Schedule. With respect to each Mortgage Loan that has a Prepayment Penalty feature, each such Prepayment Penalty is enforceable and will be enforced by the Seller during the period the Seller is acting as Interim Servicer for the benefit of the Purchaser, and each Prepayment Penalty is permitted pursuant to federal, state and local law. Each such Prepayment Penalty is in an amount not more than the maximum amount permitted under applicable law and no such Prepayment Penalty may be imposed for a term in excess of five (5) years with respect to Mortgage Loans originated prior to October, 1, 2002. With respect to Mortgage Loans originated on or after October 1, 2002, the duration of the Prepayment Penalty period shall not exceed three (3) years from the date of the Mortgage Note unless the Mortgage Loan was modified to reduce the Prepayment Penalty period to no more than three (3) years from the date of the related Mortgage Note and the Mortgagor was notified in writing of such reduction in Prepayment Penalty period. With respect to any Mortgage Loan that contains a provision permitting imposition of a premium upon a prepayment prior to maturity: (i) prior to the Mortgage Loan's origination, the Mortgagor agreed to such premium in exchange for a monetary benefit, including but not limited to a rate or fee reduction, (ii) prior to the Mortgage Loan's origination, the Mortgagor was offered the option of obtaining a mortgage loan that did not require payment of such a premium, and (iii) the Prepayment Penalty is disclosed to the Mortgagor in the mortgage loan documents pursuant to applicable state, local and federal law. This representation and warranty is a Deemed Material and Adverse Representation;

  • Late Fees (Check one) ☐ ☐ A late fee will be charged if Rent is not paid on time. Rent paid after the day of each month will be deemed as late; and if Rent is not paid within days after such due date, Subtenant agrees to pay: (Check one) a set late charge of $ . ☐ % of the balance due per day for each day that Rent is late. ☐ A late fee will NOT be charged. ☐ Su Bounced Checks: btenant agrees to pay $ for each dishonored bank check.

  • No Premium or Penalty Prepayments permitted or required under this Section 3.04 shall be without premium or penalty, except as required under Section 5.02.

  • Servicing Fee Rate The rate used to calculate the Servicing Fee is equal to such rate as is set forth on the Mortgage Loan Schedule with respect to a Mortgage Loan.

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