Common use of Late Payments/Failure to Pay Clause in Contracts

Late Payments/Failure to Pay. Accounts are in default if payment of all amounts due is not received within twenty (20) days after receipt of invoice. Past due charges shall accrue interest at a rate of one and one-half percent (1 ½ %) per month or, if less, the highest rate allowed by law. Accounts unpaid forty-five

Appears in 4 contracts

Samples: Subscriber Agreement, Business Subscriber Agreement, Subscriber Agreement

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