Late Clause Samples
The "Late" clause defines the consequences and procedures that apply when a party fails to meet a specified deadline or deliverable under the agreement. Typically, this clause outlines any penalties, interest charges, or other remedies that may be imposed for late performance, such as late payment fees or the right to terminate the contract after a certain period of delay. Its core practical function is to incentivize timely performance and provide a clear framework for addressing delays, thereby reducing uncertainty and potential disputes between the parties.
Late. CHARGE Borrower shall pay a late charge equ▇▇ ▇▇ ▇▇ve percent (5%) of the amount of each scheduled monthly principal and interest payment that is not received by Lender on or before the tenth day of the calendar month in which it is due. Late charges shall be paid on or before the tenth day of the calendar month following the month during which they accrue. Interest on unpaid late charges shall, at Lender's discretion, accrue at ▇▇▇ ▇▇te Rate beginning on the first day of the calendar month following their accrual.
Late. A. For the purpose of this Article, “late” is defined as any unexcused incident where the employee reports to work after their scheduled starting time and shall be known as an “occurrence” for tracking purposes.
Late. Tenant acknowledges that late payment by Tenant of any sum owed to Landlord under this Lease will cause Landlord to incur costs not contemplated by this Lease, the exact amounts of which are extremely difficult and impracticable to fix. Such costs include, without limitation, processing and accounting charges, time spent addressing the issue with Tenant, and late charges that may be imposed on Landlord by the terms of any obligation or note secured by any encumbrance covering the Premises. Therefore, if any installment of Rent or other payment due from Tenant is not received by Landlord when due, Tenant shall pay to Landlord an additional sum equal to ten percent (10%) of the overdue Rent or other payment as a late charge. Late charges shall be deemed Additional Rent. The parties agree that this late charge represents a fair and reasonable estimate of the administrative and other costs that Landlord will incur by reason of a late payment by Tenant. Acceptance of any late payment charge shall not constitute a waiver of Tenant’s default with respect to the overdue payment, nor prevent Landlord from exercising any of the other rights and remedies available to Landlord under this Lease, at law or in equity, including, but not limited to, the interest charge imposed pursuant to Paragraph 22.2.
Late. Return Fee Vehicle is returned after the date and time listed in the Agreement Daily rental rate until the vehicle is returned + actual costs and losses suffered by Star RV in relation to the failure to return the vehicle on time.
Late. If you are late, you are disqualified. Any team not returning on or before their assigned return time will be disqualified.
Late. If the act is late starting due to unavoidable detention (traffic, weather, accident, flat tire, auto failure, etc.) the client has the option to add that amount of time to the end of the function at no charge or deduct a pro- rated refund from the balance due.
Late. Lessee hereby acknowledges that late payments by Lessee to Lessor of rent will cause Lessor to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult to ascertain. Such costs include, but are not limited to, processing and accounting charges, and late charges which may be imposed on Lessee by the terms of any mortgage or trust deed covering the Premises. Accordingly, if any installment of rent shall not be received by Lessor within ten (10) calendar days after such amount shall be due, then, without any requirement for notice to Lessee, Lessee shall pay to Lessor a late charge equal to six percent (6%) of such overdue amount. The parties hereby agree that such late charge represents a fair and reasonable estimate of the costs Lessor will incur by reason of late payment by ▇▇▇▇▇▇. Acceptance of such late charge by Lessor shall in no event constitute a waiver of Tenant's default with respect to such overdue amount, nor prevent Lessor from exercising any of the other rights and remedies granted hereunder. This provision becomes effective the fourth month following the Commencement Date and any Amendments to this Lease.
Late. 42.15.1 Late is defined as any unexcused incident where the employee reports to work after their scheduled starting time and shall be known as an "occurrence" for tracking purposes.
42.15.2 Tracking will be evaluated on a “rolling” twelve (12) month basis commencing with the date of the most recent occurrence and looking back for a twelve (12) month period.
42.15.3 A “rolling” twelve (12) month period is defined as the period of time beginning on the date of the most recent occurrence and ending with that same date one (1) year earlier.
Late. Employees who report to work without a verifiable and approved excuse after their scheduled start time, shall be considered late.
Late. You have days from the date you become to apply for insurance. If you apply after that period has passed, you must submit medical evidence of insurability for yourself and your dependents.