Common use of Late Payment Charges Clause in Contracts

Late Payment Charges. If either Party fails to remit payment for any charges for services by the applicable due date, or if a payment or any portion of a payment is received by the billing Party from the paying Party after the applicable due date, or if a payment or any portion of a payment is received in funds which are not immediately available to the billing Party as of the due date (individually and collectively, “Past Due”), then interest shall be assessed as follows in Sections 27.13.1

Appears in 7 contracts

Samples: Interconnection Agreement, Interconnection Agreement, Interconnection Agreement

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Late Payment Charges. If either Party fails to remit payment for any charges for services by the applicable due dateBill Due Date, or if a payment or any portion of a payment is received by the billing Party from the paying either Party after the applicable due dateBill Due Date, or if a payment or any portion of a payment is received in funds which are not immediately available to the billing other Party as of the due date Bill Due Date (individually and collectively, “Past Due”), then interest a late payment charge shall be assessed assessed. Past Due amounts shall accrue interest as follows provided in Sections 27.13.1Section

Appears in 4 contracts

Samples: Interconnection Agreement, Interconnection Agreement, Interconnection Agreement

Late Payment Charges. If either Party fails to remit payment for any charges for services by the applicable due dateBill Due Date, or if a payment or any portion of a payment is received by the billing Party from the paying either Party after the applicable due dateBill Due Date, or if a payment or any portion of a payment is received in funds which are not immediately available to the billing other Party as of the due date (individually and collectively, “Past Due”)Bill Due Date, then interest a late payment charge shall be assessed. The portion of the payment not received by the Bill Due Date shall accrue interest as provided in Section 27.6. In no event, however, shall interest be assessed as follows in Sections 27.13.1on any previously assessed late payment charges.

Appears in 3 contracts

Samples: Interconnection Agreement, Interconnection Agreement, Interconnection Agreement

Late Payment Charges. If either Party fails to remit payment for any charges for services by the applicable due dateBill Due Date, or if a payment or any portion of a payment is received by the billing Party from the paying either Party after the applicable due dateBill Due Date, or if a payment or any portion of a payment is received erceived in funds which are not immediately available to the billing other Party as of the due date (individually and collectively, “Past Due”)Bill Due Date, then interest a late payment penalty shall be assessed. The portion of the payment not received by the Bill Due Date shall accrue interest as provided in Section 27.6. In no event, however, shall interest be assessed as follows in Sections 27.13.1on any previously assessed late payment charges.

Appears in 1 contract

Samples: Interconnection Agreement

Late Payment Charges. If either Party fails to remit payment for any charges for services by the applicable due date, or if a payment or any portion of a payment is received by the billing Party from the paying Party after the applicable due date, or if a payment or any portion of a payment is received in funds which are not immediately available to the billing Party as of the due date (individually and collectively, “Past Due”), then interest shall be assessed as follows in Sections 27.13.127.13.1 and 27.13.2, as applicable. No other late payment fee or charge applies to overdue amounts.

Appears in 1 contract

Samples: Interconnection Agreement

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Late Payment Charges. If either Party fails to remit payment for any charges for services by the applicable due dateBill Due Date, or if a payment or any portion of a payment is received by the billing Party from the paying either Party after the applicable due dateBill Due Date, or if a payment or any portion of a payment is received in funds which are not immediately available to the billing other Party as of the due date (individually and collectively, “Past Due”)Bill Due Date, then interest a late payment penalty shall be assessed. The portion of the payment not received by the Bill Due Date shall accrue interest as provided in Section 27.6. In no event, however, shall interest be assessed as follows in Sections 27.13.1on any previously assessed late payment charges.

Appears in 1 contract

Samples: Interconnection Agreement

Late Payment Charges. If either Party fails to remit payment for any charges for services by the applicable due dateBill Due Date, or if a payment or any portion of a payment is received by the billing Party from the paying either Party after the applicable due dateBill Due Date, or if a payment or any portion of a payment is received in funds which are not immediately available to the billing other Party as of the due date Bill Due Date (individually and collectively, "Past Due"), then interest a late payment charge shall be assessed assessed. Past Due amounts shall accrue interest as follows provided in Sections 27.13.1Section

Appears in 1 contract

Samples: Interconnection Agreement

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