CHARGES FOR DELINQUENT PAYMENTS Sample Clauses

CHARGES FOR DELINQUENT PAYMENTS. 25 13. (a) The Contractor shall be subject to interest, administrative and penalty 26 charges on delinquent installments or payments. When a payment is not received by the due 27 date, the Contractor shall pay an interest charge for each day the payment is delinquent beyond 28 the due date. When a payment becomes 60 days delinquent, the Contractor shall pay an 29 administrative charge to cover additional costs of billing and processing the delinquent payment.
AutoNDA by SimpleDocs
CHARGES FOR DELINQUENT PAYMENTS. (1) The Contractor shall be subject to interest, administrative, and penalty charges on delinquent payments. If a payment is not received by the due date, the Contractor shall pay an interest charge on the delinquent payment for each day the payment is delinquent beyond the due date. If a payment becomes 60 days delinquent, the Contractor shall pay, in addition to the interest charge, an administrative charge to cover additional costs of billing and processing the delinquent payment. If a payment is delinquent 90 days or more, the Contractor shall pay, in addition to the interest and administrative charges, a penalty charge for each day the payment is delinquent beyond the due date, based on the remaining balance of the payment due at the rate of 6 percent per year. The Contractor shall also pay any fees incurred for debt collection services associated with a delinquent payment.
CHARGES FOR DELINQUENT PAYMENTS. 17 18 13. (a) The Contractor shall be subject to interest, administrative and 19 penalty charges on delinquent installments or payments. When a payment is not received 20 by the due date, the Contractor shall pay an interest charge for each day the payment is 21 delinquent beyond the due date. When a payment becomes 60 days delinquent, the 22 Contractor shall pay an administrative charge to cover additional costs of billing and 24 Contractor shall pay an additional penalty charge of six percent per year for each day the 25 payment is delinquent beyond the due date. Further, the Contractor shall pay any fees 26 incurred for debt collection services associated with a delinquent payment. 27
CHARGES FOR DELINQUENT PAYMENTS. ‌ 5 (a) The Tribe shall be subject to interest, administrative, and penalty charges on delinquent
CHARGES FOR DELINQUENT PAYMENTS. 18. a. The District shall be subject to interest, administrative, and penalty charges on delinquent payments. If a payment is not received by the due date, the District shall pay an interest charge on the delinquent payment for each day the payment is delinquent beyond the due date. If a payment becomes 60 days delinquent, the District shall pay, in addition to the interest charge, an administrative charge to cover additional costs of billing and processing the delinquent payment. If a payment is delinquent 90 days or more, the District shall pay, in addition to the interest and administrative charges, a penalty charge for each day the payment is delinquent beyond the due date, based on the remaining balance of the payment due at the rate of 6 percent per year. The District shall also pay any fees incurred for debt collection services associated with a delinquent payment.
CHARGES FOR DELINQUENT PAYMENTS. 11. Books, Records, and Reports ....................................................................................
CHARGES FOR DELINQUENT PAYMENTS. 30 31 13. (a) The Contractor shall be subject to interest, administrative and 32 penalty charges on delinquent installments or payments. When a payment is not received 33 by the due date, the Contractor shall pay an interest charge for each day the payment is 34 delinquent beyond the due date. When a payment becomes 60 days delinquent, the 35 Contractor shall pay an administrative charge to cover additional costs of billing and 36 processing the delinquent payment. When a payment is delinquent 90 days or more, the 37 Contractor shall pay an additional penalty charge of six percent per year for each day the 1 payment is delinquent beyond the due date. Further, the Contractor shall pay any fees 2 incurred for debt collection services associated with a delinquent payment. 3
AutoNDA by SimpleDocs
CHARGES FOR DELINQUENT PAYMENTS. Participant shall be subject to interest, administrative, and penalty charges on delinquent payments.
CHARGES FOR DELINQUENT PAYMENTS. 19. a. The Lessee shall be subject to interest, administrative, and penalty charges on delinquent payments. If a payment is not received by the due date, the Lessee shall pay an interest charge on the delinquent payment for each day the payment is delinquent beyond the due date. If a payment becomes 60 days delinquent, the Lessee shall pay, in addition to the interest charge, an administrative charge to cover additional costs of billing and processing the delinquent payment. If a payment is delinquent 90 days or more, the Lessee shall pay, in addition to the interest and administrative charges, a penalty charge for each day the payment is delinquent beyond the due date, based on the remaining balance of the payment due at the rate of 6 percent per year. The Lessee shall also pay any fees incurred for debt collection services associated with a delinquent payment.
CHARGES FOR DELINQUENT PAYMENTS. The Department will be subject to interest, administrative, and penalty charges on delinquent installments or payments if any costs are incurred by the United States for duplication of documents and/or cooperation beyond that provided for in Section 3. The Department will pay any fees incurred for debt collection services associated with a delinquent payment.
Time is Money Join Law Insider Premium to draft better contracts faster.