Delays in Payment Sample Clauses

Delays in Payment. The Party that does not fully and timely comply with its obligation to indemnify under this CHAPTER VIII shall be automatically subject, by operation of law, by and regardless of any notice or summons, to payment of a non-compensatory late payment fee of two percent (2%) on the overdue amount, plus adjustment per the CDI, plus default interest of one percent (1%) per month, calculated pro rata die on the adjusted amount, due from the due date until the date of its effective and full payment, without prejudice to the losses and damages applicable.
AutoNDA by SimpleDocs
Delays in Payment. The Borrower( s) shall pay in full the EMI and other amounts without any default and without claiming any set off or counterclaim on the respective dates on which the sums are due. No notice, intimation or reminder shall be given to Borrower( s) regarding its obligation to pay the EMI on due date. Without prejudice to FICCL’s other rights, in case of delay in payment within due date, the Borrower( s ) shall pay Delayed Payment Interest at the rates specified in the Loan Summary Schedule as may be revised by FICCL from time to time.
Delays in Payment. Should the principal fail to meet his payment obligations in due time, we shall charge a fee of € 5.00 per correspondence (reminder) from the time the payment deadline is exceeded. In addition, interest shall be charged in accordance with Clause 11. This does not apply if the principal proves that we have suffered no damage or a lesser damage than the lump sum incurred.
Delays in Payment. Interest at the Prime Rate plus 6% shall be payable to Echo Bay by Crown on any delayed payments (or at the maximum rate permitted by law if such interest exceeds such maximum rate). Notwithstanding any other provision herein, if Crown becomes more than 45 days delinquent with respect to any payment due hereunder, then Echo Bay shall, without waiver of other remedies, be entitled to suspend Milling of Treatment Ores until such delinquency has been properly cured.
Delays in Payment. (a) No notice, reminder or intimation shall be given to the Borrower/s regarding his obligation and responsibility to ensure prompt and regular payment of interest, PEMII or Equated Monthly Installment (EMI) and all other amounts payable by the Borrower/s to LICHFL on the respective due dates.
Delays in Payment. In case of non-payment 15 days after the due date, and if a second request is not successful, the Lessor has the right to demand a 10% surcharge on the sums due, to which will be added the contractual interest calculated at the monthly rate of the money market plus 3 points (T4M + 3), with all months which have been started being included. Also, the Lessee is responsible for any expenses incurred by the Lessor to oblige the Lessee to fulfill its obligations. CHAPTER IIIOTHER CLAUSES AND CONDITIONS
Delays in Payment. A payment may be delayed to a date after the designated payment date under any of the circumstances described below, and the provision will not fail to meet the requirements of establishing a permissible payment event. The delay in the payment will not constitute a subsequent deferral election, so long as the Company treats all payments to similarly-situated participants on a reasonably-consistent basis. 
AutoNDA by SimpleDocs
Delays in Payment. If XXXX fails to pay the invoice issued for any shipment of the Product or any other amount due from it to CATALYST on a timely basis, interest at the rate of [***] percent ([***]%) on the unpaid amount per month of delay shall be due from XXXX to CATALYST.
Delays in Payment for any delay in payment by the Producer to the Staff Member, the Producer shall pay the Staff Member Compensation agreed upon and evaluated in advance, at the rate of 0.25% of the delayed sum - this, for each week, or part of a week, of delay in payment, including compound interest. The rate of Compensation will be updated, from time to time, with the agreement of the parties.
Delays in Payment. Remuneration shall be paid to the Consulting Engineer within 40 days of submission of the invoices by the Consulting Engineer unless the Client seeks clarification from the Consulting Engineer regarding the invoices. If, after the said 40 days, the Client fails to pay such amounts, the Consulting Engineer shall give notice of a claim for interest due to none—payment within 20 days. If, after a total of 60 days, the Client fails to pay such amounts and the Consulting Engineer has given notice then the Consulting Engineer is entitled to claim interest at the rate of 7% from the date of expiry of the said period of 60 days until the date of receipt of payment.
Time is Money Join Law Insider Premium to draft better contracts faster.