Common use of Late Payment Charges Clause in Contracts

Late Payment Charges. If any undisputed amount due on a billing statement is not received by the billing Party by the Xxxx Due Date, the billing Party shall calculate and assess, and the billed Party agrees to pay, a late payment charge on the past due balance equal to one and one-half (1 ½%) percent per month or the highest rate of interest that may be charged under Applicable Law, compounded daily, for the number of days from the Xxxx Date until the date on which such payment is made. Such late payment charges shall be included on the billing Party’s next statement to the billed Party.

Late Payment Charges. If any undisputed amount due on a billing statement is not received by the billing Party by the Xxxx Bill Due Date, the billing Party shall calculate and assess, and the billed Party agrees to pay, a late payment charge on the past due balance equal to one and one-half (1 ½%) percent per month or the highest rate of interest that may be charged under Applicable Law, compounded daily, for the number of days from the Xxxx Bill Date until the date on which such payment is made. Such late payment charges shall be included on the billing Party’s next statement to the billed Party.

Late Payment Charges. If any undisputed amount due on a billing statement is not received by the billing Party by the Xxxx Due Date, the billing Party shall calculate and assess, and the billed Party agrees to pay, a late payment charge on the past due balance equal to one and one-half (1 ½%1-½%) percent per month or the highest rate of interest that may be charged under Applicable Law, compounded daily, for the number of days from the Xxxx Date until the date on which such payment is made. Such late payment charges shall be included on the billing Party’s next statement to the billed Party.

Late Payment Charges. If any undisputed amount due on a billing statement is not received by the billing Party by the Xxxx Bill Due Date, the billing Party shall calculate and assess, and the billed Party agrees to pay, a late payment charge on the past due balance equal to one and one-half (1 ½%1-½%) percent per month or the highest rate of interest that may be charged under Applicable Law, compounded daily, for the number of days from the Xxxx Bill Date until the date on which such payment is made. Such late payment charges shall be included on the billing Party’s next statement to the billed Party.

Late Payment Charges. If any undisputed amount due on a billing statement is not received by the billing Party by the Xxxx Bill Due Date, the billing Party shall calculate and assess, and the billed Party agrees to pay, a late payment charge on the past due balance equal to one and one-half (1 ½%I '/2%) percent per month or the highest rate of interest that may be charged under Applicable Law, compounded daily, for the number of days from the Xxxx Bill Date until the date on which such payment is made. Such late payment charges shall be included on the billing Party’s 's next statement to the billed Party.

Late Payment Charges. If any undisputed amount due on a billing statement is not received by the billing Party by the Xxxx Due Date, the billing Party shall calculate and assess, and the billed Party agrees to pay, a late payment charge on the past due balance equal to one and one-half (1 ½%) percent per month or the highest rate of interest that may be charged under Applicable Law, compounded daily, for the number of days from the Xxxx Due Date until the date on which such payment is made. Such late payment charges shall be included on the billing Party’s next statement to the billed Party.

Late Payment Charges. If any undisputed amount due on a the billing statement is not received by the billing Party by on the Xxxx Due Datepayment date, the billing Party shall calculate and assessmay charge, and the billed invoiced Party agrees to pay, a late payment charge interest accruing daily on the past due balance at a rate equal to the lesser of one and one-half percent (1 ½%1½%) percent per month or the highest maximum rate of interest that may be charged allowed under Applicable Law, compounded daily, for the number of days from the Xxxx Date until the date on which such payment is madeapplicable law. Such late Late payment charges shall be included on the billing Party’s next statement to the billed Partystatement.

Late Payment Charges. If any undisputed amount due on a billing statement is not received by the billing Party by the Xxxx Bill Due Date, the billing Party shall calculate and assess, and the billed Party agrees to pay, a late payment charge on the past due balance equal to one and one-half (1 ½%) percent per month or the highest rate of interest that may be charged under Applicable Law, compounded daily, for the number of days from the Xxxx Bill Due Date until the date on which such payment is made. Such late payment charges shall be included on the billing Party’s next statement to the billed Party.

Late Payment Charges. If any undisputed amount due on a billing statement is not received by the billing Party by the Xxxx Bill Due Date, the billing Party shall calculate and assess, and the billed Party agrees to pay, a late payment charge on the past due balance equal to one and one-half (1 ½%'/2%) percent per month or the highest rate of interest that may be charged under Applicable Law, compounded daily, for the number of days from the Xxxx Bill Date until the date on which such payment is made. Such late payment charges shall be included on the billing Party’s 's next statement to the billed Party.