Late Penalties. If U.S. Licensee or Designated Countries Licensee fails to pay Licensor within 15 Business Days of the relevant due dates set forth in this Article IV any amount otherwise due and payable to Licensor under this Agreement, U.S. Licensee or Designated Countries Licensee, as applicable, agrees to pay interest, calculated from the date such payment is due until such amount is paid in full, at the prime rate set by the Bank of America plus 1% per annum, or the maximum amount allowable by law, whichever is lower. U.S. Licensee or Designated Countries Licensee, as applicable, agrees to pay all reasonable, documented and out-of-pocket legal fees and costs incurred by Licensor in connection with Licensor’s collection efforts in the event U.S. Licensee or Designated Countries Licensee fails to make any payment under this Article IV that are due and payable and Licensor must take steps to collect the payments owed.
Late Penalties. The Parties agree to the following:
Late Penalties. Each such payment of Rent shall be made promptly when due, without any demand, deduction or setoff whatsoever, at the place directed by Landlord. Any payment of Rent not made when due shall, at Landlord's sole option, bear interest at the rate of 18% per annum from the due date until paid. Additionally, any payment of Rent not paid within 10 days of when due shall be considered delinquent and subject to a late payment charge, for each occurrence of delinquency, of 5% of the amount overdue and payable. This late payment charge shall be in addition to the interest provided for above and shall be due and payable with the next succeeding Rent payment. The obligation to pay Rent shall survive termination of this Lease.
Late Penalties. If U.S. Licensee or Designated Countries Licensee fails to pay Licensor within 15 Business Days of the relevant due dates set forth in this Article IV any amount otherwise due and payable to Licensor under this Agreement, U.S. Licensee or Designated Countries Licensee, as applicable, agrees to pay interest, calculated from the date such payment is due until such amount is paid in full, at the prime rate set by the Bank of America plus 1% per annum, or the maximum amount allowable by law, whichever is lower.
Late Penalties. 5. The following penalties will be imposed on the Customer for failing to pay the Service Provider in a timely fashion. In the event Customer is unable to perform under the terms of the Agreement, Service Provider shall be entitled to the greater of three times the value of the Agreement in its entirety as liquidated damages. Service Provider may at Service Providers option accept additional shares of Customers Preferred or Common Stock to offset Compensation, such Shares shall be a $0.05 per Share, but will in no way expose Service Provider to any Capital Gains or Tax consequences. Customer will be responsible for any tax implications imposed on Service Provider as a result of Customers inability to perform.
Late Penalties. For each scheduled class that does not begin within thirty 30 minutes of the scheduled start time, Contractor will be charged a penalty of 25% of the cost of the session. If a scheduled class does not begin until 31 minutes or later than the scheduled start time the County may notify the Contractor the class is considered cancelled and cancellation penalties will be applied.
Late Penalties. Each such payment of Rent shall be made promptly when due, without any demand, deduction or setoff whatsoever, at the place directed by Landlord. Any payment of Rent not made when due shall, at Landlord's sole option, bear interest at the rate of 18% per annum from the due date until paid; provided, however, Tenant shall have the right once per calendar year to cure any late payment hereunder within ten days of the due date thereof without any interest charge. Additionally, any payment of Rent not paid within 10 days of when due shall be considered delinquent and subject to a late payment charge, for each occurrence of delinquency, of 5% of the amount overdue and payable. This late payment charge shall be in addition to the interest provided for above and shall be due and payable with the next succeeding Rent payment. This late payment charge is intended to compensate Landlord for the additional administrative costs resulting from Tenant's failure to timely pay the rent and has been agreed to by Landlord and Tenant after negotiation as a reasonable estimate of the additional administrative costs incurred by Landlord as a result of Tenant's failure to timely pay the rent. The obligation to pay Rent shall survive termination of this Lease.
Late Penalties. There shall be a late penalty of 10% of any amount due from Lessee including the periodic payments and/or property taxes, if payment is not received within thirty (30) days of the date such payment shall be due.
Late Penalties. Any Advance repayment installment or Additional Payment that has not been paid by the contractual deadline shall give rise to late penalties calculated at the rate of [**]% ([**] per cent) per calendar month of arrears.
Late Penalties. Before signing a checkout sheet, I will confirm and note the condition of all equipment being checked out to me. Once I have signed a check-out sheet, I am solely responsible for the equipment specified. I understand that I must check out the equipment before 6:30pm M-Th and return the equipment by the specified time. If returning equipment after hours, I must return the equipment to the SGPS lounge (door code will be provided) and the equipment will be checked in the following morning by 9:30am by an SGPS staff person. I understand that should I fail to return the equipment on-time, I will be required to pay a $10 fine by cash only before I will be able to continue to check out any equipment. Further, all equipment in my possession must be returned immediately. EQUIPMENT DAMAGE I am responsible to pay WAU for all damage or loss of equipment due to any cause whatsoever while the equipment is checked out in my name. I agree to pay for the replacement of any equipment that is lost, stolen, or irreparably damaged. If a damaged item is repairable, I agree to pay for all repairs to restore it to its previous condition. If it is not, I will pay for the replacement to WAU. SIGNATURES I am solely responsible for the compliance with all terms and conditions contained herein. I have read and accept the terms of this agreement. Signature Date Faculty
