All Services. 10.4.1 If payment of any sum payable to Guru Technology is not made on or before the due date Guru Technology shall be entitled to charge interest thereafter on such sum at either the rate of 4% per annum above the current base rate of The Royal Bank of Scotland plc from time to time or, if higher, such rate as Guru Technology would be entitled to claim under the Late Payment of Commercial Debts (Amendment) Regulations 2018 (such interest being deemed to accrue from day to day and being compounded on the last day of each calendar month) from the due date until the date of payment whether before or after judgement.
Appears in 2 contracts
Samples: Master Services Agreement, Master Services Agreement
All Services. 10.4.1 If payment of any sum payable to Guru Technology is not made on or before the due date Guru Technology shall be entitled to charge interest thereafter on such sum at either the rate of 4% per annum above the current base rate of The ofThe Royal Bank of Scotland plc pie from time to time or, if higher, such rate as Guru Technology would be entitled to claim under the Late Payment of Commercial Debts (Amendment) } Regulations 2018 (such interest being deemed to accrue from day to day and being compounded on the last day of each calendar month) } from the due date until the date of payment whether before or after judgement.
Appears in 2 contracts
Samples: Master Services Agreement, Master Services Agreement