Common use of Interest on Past Due Amounts Clause in Contracts

Interest on Past Due Amounts. Concessionaire shall pay interest on all past due amounts at the rate of eighteen percent (18%) per annum from the due date, until paid.

Appears in 5 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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Interest on Past Due Amounts. Concessionaire Contractor shall pay interest on all past due amounts at the rate of eighteen percent (18%) per annum from the due date, until paid.

Appears in 1 contract

Samples: Services and Concession Agreement

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