CHARGE FOR LATE PAYMENT. TENANT hereby acknowledges that the late payment of rents or any other sums due hereunder will cause COUNTY to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult to ascertain. Such costs include, but are not limited to, administrative processing of delinquent notices, increased accounting costs, and lost interest income. Accordingly, if any payment of rent as specified in Section 4.01 (RENT) or of any other sum due COUNTY is not received by the due date, a late charge of five percent (5%) of the payment due and unpaid, plus one hundred dollars ($100) shall be added to the payment. The total sum shall become immediately due and payable to COUNTY. An additional charge of five percent (5%) of said payment, excluding late charges, shall be added for each additional month that said payment remains unpaid. TENANT and COUNTY hereby agree that such late charges represent a fair and reasonable estimate of the costs that COUNTY will incur by reason of TENANT’s late payment. Acceptance of such late charges (and/or any portion of the overdue payment) by COUNTY shall in no event constitute a waiver of TENANT’s default with respect to such overdue payment, or prevent COUNTY from exercising any of the other rights and remedies granted hereunder.
CHARGE FOR LATE PAYMENT. 3.8.1. Tenant hereby acknowledges that the late payment of Rent or any other sums due hereunder will cause County to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult to ascertain. Such costs include but are not limited to costs such as administrative processing of delinquent notices, increased accounting costs, etc.
CHARGE FOR LATE PAYMENT. XXXXXXXX POWER and COUNTY hereby acknowledge that the late payment of any sums due under this Agreement will cause the COUNTY to incur costs not contemplated by this Agreement, the exact amount of which will be extremely difficult to ascertain. Such costs include but are not limited to costs such as administrative processing of delinquent notices, increased accounting costs, etc. Accordingly, if any payment of any sum due to the COUNTY under this Agreement is not received by the COUNTY within thirty (30) days after the due date, a late charge of two percent (2.0%) of the payment due and unpaid shall be added to the payment, and the total sum shall become immediately due and payable to the COUNTY. An additional charge of eighty-three one-hundredths percent (0.83%) of said payment, excluding late charges, shall be added for each additional month that said payment remains unpaid. Any and all payments (including partial payments) made by XXXXXXXX POWER to the COUNTY must first be applied to any unpaid late charge(s) before reducing the payment (whether current or delinquent) due. XXXXXXXX POWER and COUNTY hereby agree that such late charges represent a fair and reasonable estimate of the costs that the COUNTY will incur by reason of a late payment. Acceptance of such late charges (and/or any portion of the overdue payment) by the COUNTY shall in no event constitute a waiver of any default with respect to such overdue amount hereunder. The charges for late payment set forth in this Section 2.3 shall accrue and be due and payable whether or not specifically referenced in any individual section of this Agreement.
CHARGE FOR LATE PAYMENT. Client shall pay a 1.5% late charge per month, calculated from the first day of the month on all non-fully paid amounts that are past due. Client: City of Fishers EXHIBIT A Risk Management Consulting and Commercial P&C Insurance Brokerage Services As-of Date: January 1, 2024 List of Services MJ shall provide Client certain risk management consulting and/or commercial property and casualty insurance brokerage services, which may include, but not be limited to, the following: + Exposure Identification and Evaluation + Market Identification, Evaluation and Development + Market Submission, Preparation and Review + Program Comparisons and Recommendations + Program Execution (binders, identification cards, policy review and revision) + Endorsement Processing + Claims Services + Certificate Processing + Ongoing Review of Loss Exposures + Ongoing Miscellaneous Client Service + Aperture – Data analytics
CHARGE FOR LATE PAYMENT. Licensee hereby acknowledges that late payment of sums due hereunder will cause County to incur costs not contemplated by this License, the exact amount of which will be extremely difficult to ascertain. Such costs include but are not limited to costs such as administrative processing of delinquent notices, increased accounting costs, etc. Accordingly, if any payment pursuant to this License is not received by County by the due date, a late charge of 1.5% of the payment due and unpaid plus One Hundred Dollars ($100) shall be added to the payment and the total sum shall become immediately due and payable to County. An additional charge of 1.5% of said payment, excluding late charges, shall be added for each additional month that said payment remains unpaid. Licensee and County hereby agree that such late charges represent a fair and reasonable estimate of the costs that County will incur by reasons of Licensee's late payment. Acceptance of such late charges (and/or any portion of the overdue payment) by County shall in no event constitute a waiver of Licensee's default with respect to such overdue payment, or prevent County form exercising any of the other rights and remedies granted hereunder.
CHARGE FOR LATE PAYMENT. Other remedies for non-payment of rent notwithstanding, any installment of Rent which is not paid within ten (10) days after the due date shall be subject, at Landlord's option each month, to a late charge equal to five percent (5%) of the amount due, which shall be payable as Additional Rent. Any installment of Basic Rent or Additional Rent not paid within thirty (30) days from the date due shall accrue interest at the rate of eighteen (18%) percent per annum (but in no event higher than the maximum rate allowed by law) until paid in full, which interest shall be deemed Additional Rent.
CHARGE FOR LATE PAYMENT. In the event any payment due to Landlord under this Lease is not made within 10 (ten) days of its due date, Landlord shall have the right to demand from Tenant and Tenant shall pay to Landlord on such demand a late charge in an amount equal to 0.1% of the amount in arrears per day of delay (“Penalty”). For the purpose of this Article, due date means date specified in Article 3.6 of this Lease for regular payments of Base Rent, Fixed Maintenance Charge, or the date specified in respective invoice for any other payment which is not listed in this Article.
CHARGE FOR LATE PAYMENT. HOLDER hereby acknowledges that late payment of sums due hereunder will cause DISTRICT to incur costs not contemplated by this Agreement, the exact amount of which will be extremely difficult to ascertain. Such costs include but are not limited to costs such as administrative processing of delinquent notices, increased accounting costs, etc. Accordingly, if any payment pursuant to this Agreement is not received by DISTRICT by the due date, a late charge of one and one-half percent (1.5%) of the payment due and unpaid plus $100 shall be added to the payment, and the total sum shall become immediately due and payable to DISTRICT. An additional charge of one and one-half percent (1.5%) of said payment, excluding late charges, shall be added for each additional month that said payment remains unpaid. HOLDER and DISTRICT hereby agree that such late charges represent a fair and reasonable estimate of the costs that DISTRICT will incur by reason of HOLDER late payment.
CHARGE FOR LATE PAYMENT. If TENANT fails to pay the Base Rent and any Additional Rent in full by the tenth (10th) day of any calendar month, LANDLORD, at its sole option, may impose a late payment charge for that Base Rent, all unpaid prior month(s) rent and Additional Rent, excluding late charges designated as Additional Rent ("Overdue Charges") equal to two percent (2%) per month of the Overdue Charges, but not less than a minimum charge of Ten Dollars ($10.00). Such charge shall be collectible as Additional Rent. Failure to demand a late payment charge in any month shall not waive LANDLORD'S right to collect it at a later date.
CHARGE FOR LATE PAYMENT. All sums due hereunder shall be due and payable by the 15th day of the month following the month that the product was delivered. All amounts due that are not paid by the 15th shall accrue a five percent (5%) late charge, which shall be added to the payment, and the total sum shall become immediately due and payable to the Grantor. An additional charge of five percent (5%) of said payment excluding late charges shall be added for each additional month that said payment remains unpaid.
