Interest on Payments. All payments to be made pursuant to this Agreement outstanding after the applicable due date shall, commencing after such date until paid, bear interest at the Interest Rate, which rate, the Parties agree, shall be equally applicable to both Parties’ late payment obligations.
Appears in 7 contracts
Samples: Solar Power Purchase Agreement, Solar Power Purchase Agreement, Solar Power Purchase Agreement
Interest on Payments. All payments to be made pursuant to this Agreement outstanding after the applicable due date shall, commencing after such date until paid, bear interest at the Interest Rate, which rate, the Parties agree, shall be equally applicable to both Parties’ late payment obligations.obligations.
Appears in 2 contracts
Samples: Solar Power Purchase Agreement, Solar Power Purchase Agreement
