Late Payments and Interest. Should the Owner fail to pay a proper invoice within thirty calendar days of receipt, the Contractor shall notify the Owner in writing by certified or statutory mail. If the Owner fails to pay within five business days of receipt of the notice, the Contractor shall receive, in addition the sum named in the proper invoice, interest thereon at the rate of one half percent per month on the unpaid balance as may be due.
Late Payments and Interest. Should Owner fail to timely pay as required by Section 4.3.3, CM/GC shall provide Notice to Owner in writing by certified mail. If Owner fails to pay within seven (7) days of receipt of the Notice, CM/GC shall receive, in addition to the payment due, interest thereon at the rate of one half percent (1/2%) per month.
Late Payments and Interest. If Tenant fails to pay any installment of Rent on or before the fifth day of the calendar month when such installment is due and payable, such unpaid installment shall bear interest at the Default Rate (as defined in .SECTION 14.14), thirty (30) days from the date such installment became due and payable to the date of payment thereof by Tenant. Such interest shall constitute Additional Rent hereunder due and payable with the next monthly installment of Rent. In addition, Tenant shall pay to Landlord, as a "late charge" five percent (5%) of any payment herein required to be made by Tenant which is more than ten (10) days late to cover the costs of collecting accounts past due.
Late Payments and Interest. 27 14.14 Definition of Default Rate .........................................27 14.15
Late Payments and Interest. The Aviation Department shall be entitled to collect interest at the rate of eighteen percent (18%) per annum from the date due until the date paid on any amounts that are past due under this Agreement.
Late Payments and Interest. In the event an extension of Program is deemed necessary, Sponsor(s) agree(s) to pay for said extension prior to the day the extension begins. Sponsor(s) further agree(s) to a pay a late fee of five percent (5%) on any amounts not paid within 10 days of date of invoice. In addition, any amounts not paid when due shall bear interest at twenty-four percent (24%) per annum until paid, both before and after judgment. Sponsor(s) understand(s) a financial hold may be placed on any past due account. A financial hold will temporarily suspend academic reporting and clinical phone calls/family therapy. Sponsor(s) will be referred to the financial office until default in payment is cured. Failure to reconcile all financial obligations will result in Participant’s discharge from Program. Sponsor(s) understand(s) Program may gather financial information from major credit reporting agencies.
Late Payments and Interest. Any payments due under this Agreement by either Party that are paid but were overcharged, or not paid by the date such payments are due, shall bear interest at the lesser of [*] per month and the highest rate permitted under Applicable Laws from the date such overpaid amounts were made until repaid in full or from the date such unpaid payments are due until paid in full. The foregoing interest shall be in addition to any other remedies that the overcharged or underpaid Party may have pursuant to this Agreement.
Late Payments and Interest. To the extent payments due under this Agreement are not paid within the specified time period and are not timely, such outstanding sums will accrue interest from the date due. Interest will be computed on any sums that are late and outstanding on the last day of each month, at the prime or other equivalent rate of Citibank N.A. or another mutually acceptable bank, as of the last day of the month immediately preceding the current month, plus three percent (3%) (or the highest interest rate permissible under applicable law, whichever is lower), compounded on a monthly basis.
Late Payments and Interest. To compensate Landlord for its additional cost of processing late payments for any payment of Rent which is not received within five (5) days of the date when due, Tenant will pay a late charge equal to 5% of the late payment. All amounts payable under this Lease by Tenant to Landlord, if not paid when due, will bear interest from the due date until paid at the lesser of the highest interest rate permitted by law or 12% per annum.
Late Payments and Interest. Except as otherwise provided, both parties agree that failure to make payment, for undisputed invoices, within the credit period specified in 5.2.1 above may result in interest being charged on any outstanding balance at a rate of twelve percent (12%) per annum.
