Default Interest for Late Payment Clause Samples
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Default Interest for Late Payment. Subject to clause 3.5, Customer must pay Windcave interest at the Default Interest Rate on any overdue amounts under this Agreement, calculated daily from the due date until the actual date of payment. Customer will pay Windcave all costs (including collection costs and legal costs on a solicitor-client basis) that Windcave incurs in attempting to recover or recovering any such overdue amounts.
Default Interest for Late Payment. Subject to clause 3.5, Customer must pay PX interest at the Default Interest Rate on any overdue amounts under this Agreement, calculated daily from the due date until the actual date of payment. Customer will pay PX all costs (including collection costs and legal costs on a solicitor-client basis) that PX incurs in attempting to recover or recovering any such overdue amounts.
Default Interest for Late Payment. The Customer must pay interest at the default interest rate of 10% per annum (or, if lower, the maximum rate permitted by applicable law) on any overdue amounts owed by the Customer under this Agreement, calculated daily from the due date until the actual day of payment. Customer will pay all reasonable costs (including collection costs) incurred in recovering or attempting to recover any such overdue amounts.
Default Interest for Late Payment. For any amounts payable but not fully paid by one Party (the “Defaulting Party”) to the other Party (the “Non-Defaulting Party”) on or before the date on which such amounts become due in accordance with this Agreement, without prejudice to any other remedies available to the Non-Defaulting Party under this Agreement and applicable laws, the Defaulting Party shall pay default interest on such amounts that are due but not paid at a rate of [****]% per day, calculated from the first day after such amounts become due until all such outstanding and due amounts and default interests accrued thereon are fully paid by the Defaulting Party.
Default Interest for Late Payment. Subject to Part B, clause 3.4(b)1.1.1(a)(ii), Customer must pay Till Payments interest at the Default Interest Rate on any overdue amounts under this Agreement, calculated daily from the due date until the actual date of payment. Customer will pay Till Payments all reasonable costs (including collection costs and legal costs on a solicitor-client basis) that Till Payments incurs in attempting to recover or recovering any such overdue amounts.