Common use of Charter Price Clause in Contracts

Charter Price. 7.1. The Charterer shall pay promptly to Catreus the Charter Price immediately on receipt of the invoice unless a different credit period had been agreed in writing by the Catreus. 7.2. All payments shall be made in GBP without any deduction, set-off, counterclaim, discount, abatement or withholding whatsoever unless agreed in writing by Catreus 7.3. If the Charterer fails to pay the Carrier any sum pursuant to the Agreement the Charterer shall be liable to pay interest on the amount for payment due at the annual rate of [2%] above the base lending rate from time to time of Barclays Bank plc accruing on a daily basis until payment is made, whether before or after any judgments.

Charter Price. 7.1. The Charterer shall pay promptly to Catreus the Charter Price immediately on receipt of the invoice unless a different credit period had been agreed in writing by the Catreus. 7.2. All payments shall be made in GBP without any deduction, set-offsetVoff, counterclaim, discount, abatement or withholding whatsoever unless agreed in writing by Catreus 7.3. If the Charterer fails to pay the Carrier any sum pursuant to the Agreement the Charterer shall be liable to pay interest on the amount for payment due at the annual rate of [2%] above the base lending rate from time to time of Barclays Bank plc accruing on a daily basis until payment is made, whether before or after any judgments.