Delayed Payment. Premium balances that remain unpaid for more than thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 − Interest Rate.
Delayed Payment. The Engager will inform musicians at the time of the engagement of the intended date of payment of all fees and ancillary payments properly due. The Engager will use his best endeavours to make payment to the musician, or credited to the musicians’ bank account, no later than 30 days after the engagement or at the next regular scheduled date for payment runs.
Delayed Payment. Notwithstanding Section 4(a) above, if the RSUs are considered an item of deferred compensation under Section 409A of the Code and the Shares are distributable by reason of a Participant’s separation from service during the period that Participant is both subject to U.S. federal income taxation and a “specified employee” (within the meaning of Section 409A(a)(2)(B)(i) of the Code), any Shares that would otherwise be issuable during the 6-month period immediately following Participant’s separation from service will be issued on the first day of the 7th month following Participant’s separation from service (or, if Participant dies during such period, within 30 days after Participant’s death).
Delayed Payment. If premium balances remain unpaid for more than sixty (60) days after they are due pursuant to Article 5.2 above, the Reinsurer reserves the right to charge interest from the end of the reporting period. Interest will be calculated using the index specified in Article 12.6.
Delayed Payment. If on any day described in this Section 3.1 (or in Section 1.3(c) in respect of accrued Earned Discount on Asset Tranches funded by Liquidity Fundings of any Purchaser Group, or accrued CP Costs on Asset Tranches funded by the issuance of Commercial Paper Notes issued by any Purchaser Group) the Master Servicer shall not make any payment otherwise required because Collections during the relevant CP Accrual Period or Yield Period were less than the aggregate amounts payable, the next available Collections in respect of the Asset Interest shall be applied to such payment, and no Reinvestment shall be permitted hereunder until such amount payable has been paid in full.
Delayed Payment. If the Contractor does not receive payment in accordance with sub-clause 14.7 [Payment], of amounts determined by the Engineer to be due to the Contractor and set out in a Payment Certificate issued in accordance with clause 14.6 [Issue of Interim Payment Certificates] (except for deductions in accordance with sub-clause 2.5 [Employer's Claims], sub-clause 14.7 [Payment] or otherwise permitted by the Contract), the Contractor shall be entitled to receive financing charges compounded monthly on the amount unpaid during the period of delay. This period shall be deemed to commence on the final date for payment of the unpaid amount, as specified in sub-clause 14.7 [Payment]. Unless otherwise stated in the Particular Conditions, these financing charges shall be calculated at the rate of three point seven five percent above the average 3 month EURIBOR rate as at the final date for payment of the amount due, both before and after any judgment or award (the "Interest Rate"). Such interest rate payments shall be made in Euros. The Contractor shall be entitled to this payment without formal notice or certification, and without prejudice to any other right or remedy.
Delayed Payment. If on any day described in this SECTION 3.01, because Collections during the relevant Settlement Period were less than the aggregate amounts payable, Servicer does not make any payment otherwise required, the next available Collections in respect of the Asset Interest shall be applied to such payment, and no Reinvestment shall be permitted hereunder until such amount payable has been paid in full.
Delayed Payment. In the event of late payment, the Client shall pay late payment interest on the due amount pursuant to “Lov om renter ved forsinket betaling mv.” (Danish interest act in the event of delayed payment).
Delayed Payment. If reinsurance premiums are 90 days past due, THE REINSURER may charge interest on the amount due at an interest rate not to exceed the London Interbank Offer Rate, U.S. Denomination-Fixed Three-month, (LIBOR), as of when the payment was due.
