Default & Consequences of Default. 16.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and one half percent (2.5%) per calendar month (and at the Seller’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.
Default & Consequences of Default. 12.1 Interest on overdue invoices shall accrue from the date when payment becomes due daily until the date of payment at a rate of 2.5% per calendar month and shall accrue at such a rate after as well as before any judgement.
Default & Consequences of Default. 11.1 Interest on overdue amounts owed by the Buyer to the Seller accrues daily from the date when payment becomes due until the date of payment at 2.5% compounding per calendar month or part month.
Default & Consequences of Default. 11.1 Interest on overdue invoices or outstanding amounts payable to the Supplier shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of 1.5% per calendar month and such interest shall compound monthly at such a rate before and after any judgment.
Default & Consequences of Default. Each of the following events shall constitute an immediate default (a "Default") under this Agreement and the Note, unless waived by Lender:
Default & Consequences of Default. 7.1 If the Customer defaults in payment of any invoice when due, the Customer shall indemnify GS1 from and against all GS1’s costs and disbursements (including but not limited to legal fees) and in addition all of GS1’s nominees costs of collection.
Default & Consequences of Default. 2.1 Interest on overdue invoices shall be payable as per clause 7.4 of the Australian Furniture Removers Association Contract for Removal and Storage.
Default & Consequences of Default. 11.1. If the Buyer defaults in payment by the due date of any amount payable to the Seller, then all money which would become payable by the Buyer to the Seller at a later date on any account, becomes immediately due and payable without the requirement of any notice to the Buyer, and the Seller may, without prejudice to any of its other accrued or contingent rights :
Default & Consequences of Default. 7.1 If the Customer fails to make a payment when due, the Customer will pay to the Company interest on overdue invoices which shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of one and a half percent (1.5%) per calendar month (and at the Seller’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.
Default & Consequences of Default. Each of the following events shall constitute an immediate default (a "Default") under the Loan Agreement, as amended, and the Notes, unless waived by Lender:
