Common use of Late Interest Clause in Contracts

Late Interest. Without prejudice to any other rights under this Agreement, if any amount payable under this Agreement is not paid when due, the defaulting Party shall pay interest on a daily basis on such amount from the due date of payment (after as well as before judgment) at a rate equal to SIX PER CENT (6%) over the Agreed Rate.

Late Interest. Without prejudice to any other rights under this Agreement, if any amount payable under this Agreement is not paid when due, the defaulting Party shall pay interest on a daily basis on such amount from the due date of payment (after as well as before judgmentjudgement) until and including the date of payment at a rate equal to SIX PER CENT two percent (62%) per annum over the Agreed Rate.

Late Interest. Without prejudice to any other rights under this Agreement, if any amount payable under this Agreement is not paid when due, the defaulting Party shall pay interest on a daily basis on such amount from the due date of payment (after as well as before judgmentjudgement) until and including the date of payment at a rate equal to SIX PER CENT six percent (6%) per annum over the Agreed Rate.