Late Payment Charges. If Purchaser shall fail to pay, within fifteen (15) days after due date, any installment due hereunder, Purchaser shall be required to pay an additional charge of five (5%) percent of the late installment. Such charge shall be paid to Seller at the time of payment of the past due installment.
Appears in 9 contracts
Sources: Contract for Deed, Contract for Deed, Contract for Deed
Late Payment Charges. If Purchaser shall fail to pay, within fifteen ten (1510) days after due date, any installment due hereunder, Purchaser shall be required to pay an additional charge of five (5%) percent of the $25.00 late installmentfee. Such charge shall be paid to Seller at the time of payment of the past due installment.
Appears in 5 contracts
Sources: Purchase Agreement, Purchase Agreement, Purchase Agreement