Common use of Interest on late payment Clause in Contracts

Interest on late payment. On expiry of the payment periods specified in Article I.6, the contractor (or leader in the case of a joint tender) is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in euros (the reference rate) plus eight points. The reference rate is the rate in force, as published in the C series of the Official Journal of the European Union, on the first day of the month in which the payment period ends . Suspension of the payment period as provided for in Article II.20.7 is not considered as giving rise to late payment. Interest on late payment covers the period running from the day following the due date for payment up to and including the date of payment as defined in Article II.20.1. However, when the calculated interest is EUR 200 or less, it must be paid to the contractor (or leader in the case of a joint tender) only if it requests it within two months of receiving late payment.

Interest on late payment. On expiry of the payment periods specified in Article I.6I.4, and without prejudice to Article II.14.7, the contractor (or leader in the case of a joint tender) is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in euros Euros (the reference rate) plus eight points. The reference rate is shall be the rate in forceforce on the first day of the month in which the payment period ends, as published in the C series of the Official Journal of the European Union, on the first day of the month in which the payment period ends . Suspension The suspension of the payment period as provided for in accordance with Article II.20.7 is II.14.7 may not be considered as giving rise to a late payment. Interest on late payment covers shall cover the period running from the day following the due date for payment up to and including the date of actual payment as defined in Article II.20.1II.14.1. However, when the calculated interest is lower than or equal to EUR 200 or less200, it must shall be paid to the contractor (or leader in the case of a joint tender) only if it requests it upon request submitted within two months of receiving late payment.

Interest on late payment. ‌ On expiry of the payment periods specified in Article I.6, the contractor (or leader in the case of a joint tender) is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in euros (the reference rate) plus eight points. The reference rate is the rate in force, as published in the C series of the Official Journal of the European Union, on the first day of the month in which the payment period ends . Suspension of the payment period as provided for in Article II.20.7 is not considered as giving rise to late payment. Interest on late payment covers the period running from the day following the due date for payment up to and including the date of payment as defined in Article II.20.1. However, when the calculated interest is EUR 200 or less, it must be paid to the contractor (or leader in the case of a joint tender) only if it requests it within two months of receiving late payment.

Interest on late payment. On expiry of the payment periods specified in Article I.6I.4, and without prejudice to Article II.15.6, the contractor (or leader in the case of a joint tender) is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in euros Euros (the reference rate) plus eight points. The reference rate is shall be the rate in forceforce on the first day of the month in which the payment period ends, as published in the C series of the Official Journal of the European Union, on the first day of the month in which the payment period ends . Suspension The suspension of the payment period as provided for in accordance with Article II.20.7 is II.15.6 may not be considered as giving rise to a late payment. Interest on late payment covers shall cover the period running from the day following the due date for payment up to and including the date of actual payment as defined in Article II.20.1II.15.1. However, when the calculated interest is lower than or equal to EUR 200 or less200, it must shall be paid to the contractor (or leader in the case of a joint tender) only if it requests it upon request submitted within two months of receiving late payment.

Interest on late payment. On expiry of the payment periods specified in Article I.6I.4, and without prejudice to Article II.15.7, the contractor (or leader in the case of a joint tender) is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in euros Euros (the reference rate) plus eight points. The reference rate is shall be the rate in forceforce on the first day of the month in which the payment period ends, as published in the C series of the Official Journal of the European Union, on the first day of the month in which the payment period ends . Suspension The suspension of the payment period as provided for in accordance with Article II.20.7 is II.15.8 may not be considered as giving rise to a late payment. Interest on late payment covers shall cover the period running from the day following the due date for payment up to and including the date of actual payment as defined in Article II.20.1II.15.1. However, when the calculated interest is lower than or equal to EUR 200 or less200, it must shall be paid to the contractor (or leader in the case of a joint tender) only if it requests it upon request submitted within two months of receiving late payment.

Interest on late payment. On expiry of the payment periods specified in Article I.6I.5, and without prejudice to Article II.14.7, the contractor (or leader in the case of a joint tender) Contractor is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in euros Euros (the reference rate) plus eight points. The reference rate is shall be the rate in forceforce on the first day of the month in which the payment period ends, as published in the C series of the Official Journal of the European Union, on the first day of the month in which the payment period ends . Suspension The suspension of the payment period as provided for in accordance with Article II.20.7 is II.14.7 may not be considered as giving rise to a late payment. Interest on late payment covers shall cover the period running from the day following the due date for payment up to and including the date of actual payment as defined in Article II.20.1II.14.1. However, when the calculated interest is lower than or equal to EUR 200 or less200, it must shall be paid to the contractor (or leader in the case of a joint tender) Contractor only if it requests it upon request submitted within two months of receiving late payment.

Interest on late payment. On expiry of the payment periods specified in the Order Form, and without prejudice to Article I.615.6, the contractor (or leader in the case of a joint tender) Contractor is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in euros Euros (the reference rate) plus eight points. The reference rate is shall be the rate in forceforce on the first day of the month in which the payment period ends, as published in the C series of the Official Journal of the European Union, on the first day of the month in which the payment period ends . Suspension The suspension of the payment period as provided for in accordance with Article II.20.7 is 15.6 may not be considered as giving rise to a late payment. Interest on late payment covers shall cover the period running from the day following the due date for payment up to and including the date of actual payment as defined in Article II.20.115.1. However, when the calculated interest is lower than or equal to EUR 200 or less200, it must shall be paid to the contractor (or leader in the case of a joint tender) Contractor only if it requests it upon request submitted within two months of receiving late payment.

Interest on late payment. On expiry of the payment periods specified in Article I.6I.5, the contractor (or leader in the case of a joint tender) is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in euros (the reference rate) ), plus eight points. The reference rate is the rate in force, as published in the C series of the Official Journal of the European Union, Union on the first day of the month in which the payment period ends ends. Suspension of the payment period as provided for in Article II.20.7 is not considered as a giving rise to late payment. Interest on late payment covers the period running from the day following the due date for payment up to and including the date of payment as defined in Article II.20.1. However, when the calculated interest is EUR 200 or less, it must be paid to the contractor (or leader in the case of a joint tender) only if it requests it within two months of receiving late payment.

Interest on late payment. ‌ On expiry of the payment periods specified in Article I.6I.5, the contractor (or leader in the case of a joint tender) is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in euros (the reference rate) ), plus eight points. The reference rate is the rate in force, as published in the C series of the Official Journal of the European Union, Union on the first day of the month in which the payment period ends ends. Suspension of the payment period as provided for in Article II.20.7 is not considered as a giving rise to late payment. Interest on late payment covers the period running from the day following the due date for payment up to and including the date of payment as defined in Article II.20.1. However, when the calculated interest is EUR 200 or less, it must be paid to the contractor (or leader in the case of a joint tender) only if it requests it within two months of receiving late payment.

Interest on late payment. On expiry of the payment periods specified in Article I.6, the contractor (or leader in the case of a joint tender) is entitled to interest on late payment at the rate applied by the European Central Bank for its main refinancing operations in euros (the reference rate) plus eight points. The reference rate is the rate in force, as published in the C series of the Official Journal of the European Union, on the first day of the month in which the payment period ends ends. Suspension of the payment period as provided for in Article II.20.7 is not considered as giving rise to late payment. Interest on late payment covers the period running from the day following the due date for payment up to and including the date of payment as defined in Article II.20.1. However, when the calculated interest is EUR 200 or less, it must be paid to the contractor (or leader in the case of a joint tender) only if it requests it within two months of receiving late payment.