Common use of Interest on Overdue Payments Clause in Contracts

Interest on Overdue Payments. (a) If, for any reason, a Party does not pay an amount payable under or in connection with this Agreement on or before the due date for payment, it must pay interest to the other Party (who is entitled to receive the payment).

Appears in 11 contracts

Samples: qcaprod.australiaeast.cloudapp.azure.com, qcaprod.australiaeast.cloudapp.azure.com, qcaprod.australiaeast.cloudapp.azure.com

AutoNDA by SimpleDocs

Interest on Overdue Payments. (a) If, for any reason, a Party does not pay an amount payable under or in connection with this Agreement on or before the due date for payment, it must pay interest to the other Party (who is entitled to receive the payment).

Appears in 3 contracts

Samples: qcaprod.australiaeast.cloudapp.azure.com, qcaprod.australiaeast.cloudapp.azure.com, qcaprod.australiaeast.cloudapp.azure.com

Interest on Overdue Payments. (a) If, for If any reason, amount which a Party does is required to pay to another Party under this agreement is not pay an amount payable under or in connection with this Agreement paid on or before the due date for payment, it must pay interest to will accrue on the other Party (who is entitled to receive outstanding amount from the payment)due date for payment until that amount, together with the interest thereon, has been paid.

Appears in 2 contracts

Samples: qcaprod.australiaeast.cloudapp.azure.com, qcauat.australiaeast.cloudapp.azure.com

Interest on Overdue Payments. (a) If, for any reason, a Party does not pay an amount payable under or in connection with this Agreement on or before the due date for payment, it must pay interest to the other Party (who is entitled to receive the payment)Party.

Appears in 2 contracts

Samples: Funding Agreement, citeseerx.ist.psu.edu

AutoNDA by SimpleDocs

Interest on Overdue Payments. (a) If, for any reason, a Party does not pay an amount payable under or in connection with this Agreement Deed on or before the due date for payment, it must pay interest to the other Party (who is entitled to receive the payment).

Appears in 1 contract

Samples: Funding Agreement

Interest on Overdue Payments. (a) If, If for any reason, reason a Party does not pay an amount payable under or in connection with this Agreement on or before the due date for payment, it must pay interest to the other Party (who is entitled to receive the payment).

Appears in 1 contract

Samples: Participation Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.