Interest for Late Payments. Without regard to whether CME exercises its rights under Section 11.3, any amounts due and payable by NYMEX to CME pursuant to Section 11.1 that remain unpaid more than seven (7) days after the date upon which such payment was due shall accrue simple interest at a 9% per annum rate for the period from, but excluding, the date upon which such payment originally was due until, and including, the date upon which payment is delivered. Any such interest amounts shall be pro rated on a daily basis.
Interest for Late Payments. In addition to any other remedies the O.P.P. may have at law, the County shall be charged and required to pay interest at the rate set by the Minister of Finance for Ontario from time to time if the O.P.P. has not received full payment from the County within thirty (30) days of the date the O.P.P. issued an invoice.
Interest for Late Payments. Amounts not paid by Owner when due in accordance with Section 6.3 shall bear a late payment charge from the date payment was due to the date of payment at a rate per annum equal to the following rates for the applicable currency published on the date due for payment, but not in excess of the maximum amount permitted by Law provided that no such interest shall be payable by Owner to the extent the delay in payment is caused as a result of Contractor's default:
Interest for Late Payments. In addition to all other rights and remedies under this Agreement or applicable law, any amount not paid when due will accrue interest at the lesser of 1% per month or the maximum legal rate until paid in full.
Interest for Late Payments. In the event that a payment to be made by either party to the other pursuant to this contract is not made by the payment due date, the party which is liable for such payment shall also pay interest on the late payment calculated from the payment due date to the date on which payment is made in full at the 3-month London Interbank Offered Rate as published in the Financial Times on the first Banking Date after the payment due date plus 3% (three percent) per annum. This clause shall apply to provisional and final payments.
Interest for Late Payments. If either Party fails to make any payment due under this Agreement within [***] of the date upon which such payment is due, then interest shall accrue on such payment on a daily basis from the date such payment was originally due at a rate equal to weekly LIBOR (as published in The Wall Street Journal, New York edition and as officially confirmed by an officer of the respective Party) plus [***], or at the maximum rate permitted by applicable Law, whichever is the lower, and such interest shall be paid when such payment is made.
Interest for Late Payments. All Service Fee payments, local marketing expenditures, National Brand Fund payments, amounts due for purchases by Franchise Owner from the Franchisor or Franchisor's Affiliates, and other amounts which Franchise Owner owes to the Franchisor or Franchisor's Affiliates, not received on or before the due dateshall be deemed overdue. If any payment or contribution is overdue, Franchise Owner shall pay to the Franchisor immediately upon demand the overdue amount, a late feeof $100 per incident, plus interest on the overdue amount from the date it was due until paid, at the rate of eighteen percent (18%) per month. The foregoing shall be in addition to any other remedies the Franchisor may possess, as permitted by law. Franchise Owner acknowledges that this paragraph shallnot constitute agreement by the Franchisor to accept such payments after same are due or a commitment by the Franchisor to extend credit to, or other rise finance Franchise Owner's operation of The Click IT Store. Further, Franchise Owner acknowledges that Franchise Owner's failure to pay all amounts when due shall constitute grounds for termination of this Agreement, as provided herein. Definition of Gross Revenues
Interest for Late Payments. If any payment due under this Agreement is not made within thirty (30) days after the date of receipt of a valid invoice then the Party to whom the debt is due shall be entitled to charge interest on the unpaid amount calculated at a daily rate of two per cent (2%) per annum above the prevailing Barclays Bank plc base rate throughout the period from the due date until payment in full.
Interest for Late Payments. Any payments due to Sellers under this Section 2.2 shall bear an interest at a rate of 5% per-annum (the "Interest"). The Interest shall accrue from the fifth (5) Business Day following the date on which the relevant payment was due and until the actual day of payment. Interest shall be paid together with the relevant due payment. Nothing in this Section shall be deemed as a waiver by Sellers or any of them of any remedy legally available thereto.
Interest for Late Payments. The Company may charge interest on any money’s outstanding under this contract on a daily basis at a rate equal to 5% above the bank indicator lending rate of the Company. Interest is payable from the date payments was due until that date the Company receives payment. The right of the Company to charge interest is without prejudice to its other rights or remedies for the Customer’s default in failing to pay on the due date, and the Company may suspend performance of any of its obligations and secure any Goods it has supplied and in the Customers possession until payment is made in full.
