Missed Payment Clause Samples

The Missed Payment clause outlines the consequences and procedures that apply when a party fails to make a required payment by the due date. Typically, this clause specifies any grace periods, late fees, or interest charges that may accrue as a result of the missed payment, and may also detail the steps the non-breaching party can take, such as sending a notice of default or suspending services. Its core practical function is to incentivize timely payments and provide a clear framework for addressing payment delays, thereby reducing uncertainty and potential disputes between the parties.
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Missed Payment. If you don't make your full payment on the payment day, then we will tell you within a reasonable time that you have missed a payment. You agree to let us and/or your budget advisor know as soon as possible if you have trouble making repayments
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Missed Payment. Missing payments (which means not making at least the minimum payment by the due date shown on your Account statement) will affect your annual interest rates as follows: • After we have provided you with a minimum of 30 days written notice (except as otherwise required by applicable law), all your annual interest rates may increase if you default under any Card Agreement that you have with us because your payment to us is 90 days, or more days, past due or you make a payment to us that is not honored. In this circumstance, we may automatically increase your annual interest rates (including any promotional annual interest rate) on all balances to the delinquency annual interest rate. Factors considered in determining your delinquency annual interest rate may include how long your Account has been open, the timing or seriousness of a default under any card agreement that you have with us, or other indications of Account performance; • The delinquency annual interest rate takes effect as of the first day of your monthly statement period in which you are 90 days delinquent; • We may lower the annual interest rate for new Purchases and/or Cash Advances if you meet the terms of all card agreements that you have with us for six (6) consecutive billing periods.
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Missed Payment. If payment is not received by the date due or there is a problem with the payment transaction or method, you will be notified by e-mail and then have a 3 day grace period to make the payment following the due date, otherwise your Program will be put on hold. If no payment is made within the 3 day grace period, the Program will automatically terminate and you will no longer be granted access. It is my intention for you to be happy with this Program. However, because I have invested considerable time and effort in the Program, no refunds are given after the program begins. Once you have been given access to your program portal – we are in all the way. If you decide to withdraw after the program begins for any reason, you are still fully responsible for making all Program payments, and no refunds will be provided. Confidentiality is important to me. I will keep all information exchanged between us during the Program confidential. I will not disclose any information that you share with me during the Program to anyone else unless: (1) they have a legitimate reason to know such information as a member of my team or staff, (2) when required by law, or (3) you have given me prior written permission. I retain all ownership and intellectual property rights to the Program content and materials provided to you through the Program, including all copyrights and any trademarks belonging to me. The Program content and materials are being provided to you for your individual use only and with a single-user license which means that you are not allowed or authorized to share, copy, sell, post, distribute, reproduce, duplicate, trade, resell, exploit, or otherwise disseminate any portion of the Program or Program materials, electronically or otherwise, for business or commercial use, or in any other way that earns you money, without my prior written permission.
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Missed Payment. If payment is not received by the date due or there is a problem with the payment transaction or method, Client will be notified by e-mail and has a 3 day grace period to make the payment following the due date. During this time, the Program will be put on hold and no Coaching Sessions will be held, including during the grace period. If no payment is made within the 3 day grace period, the Program will automatically terminate and Client will forfeit any remaining Coaching Sessions and Program access. Payments must be received at least 24 hours prior to the first scheduled Coaching Session, otherwise, the Coaching Session is canceled and cannot be made up until payment resumes. If Client has an outstanding balance, Company reserves the right to revoke access to all products and services associated with this purchase. Disclaimer: Nothing contained in this Program is intended to be a substitute for other business tools and services. Company might recommend additional software licenses, apps, ad spend, web development or other services to Client. These expenses are paid to 3rd party providers and are not part of this agreement. If Client elects to pay by monthly recurring payments, Client authorizes the Company to charge Client’s credit card, debit card. If Client elects to pay in FULL, Client may pay by credit card or debit card. Client can cancel the agreement/program within 14 business days after payment/sign-up for a full 100% refund. No refunds will be issued after 14-days. After day 14, all payments are non- refundable and client is responsible for monthly payment of the membership fees for the program regardless if he/she completes the program. Client can cancel at any time after the first month and access will be granted for the rest of the payment period month. If you have any questions or problems, please let me know by contacting by contacting ▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ The Parties acknowledge that the existence and the terms of this Agreement and any oral or written information exchanged between the Parties in connection with the preparation and performance this Agreement are regarded as confidential information. Each Party shall maintain confidentiality of all such confidential information, and without obtaining the written consent of the other Party, it shall not disclose any relevant confidential information to any third parties, except for the information that: (a) is or will be in the public domain (other than through the receiving Party’s unauthor...
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Missed Payment. In the event that payment is not received by the date due or there is a problem with the payment transaction or method, you will be notified by e-mail and then have a 3-day grace period to make the payment following the due date, whether paying in full or by installment. We reserve the right to seek payment through a collection agency if needed. Money is a symbol of commitment and we encourage you to make a commitment to yourself to promptly provide payment for this Retreat when payment is due.
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Missed Payment. In the event that either of the December 15, 2003 or the June 27, 2004 cash payments are not received by GTC on time, then the royalty rate will be increased to [****]* of Net Partner Sales. All other terms and conditions of the Agreement shall remain in full force and effect.
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Missed Payment. Missing payments (which means not making at least the minimum payment by the due date shown on your Account statement) will affect your annual interest rates as follows: • All your annual interest rates may increase if you default under any card agreement that you have with us because your payment to us is 30 or more days past due or you make a payment to us that is not honored. In this circumstance, we may automatically increase your annual interest rates (including any promotional annual interest rate) on all balances to the delinquency annual interest rate; • Factors considered in determining your delinquency annual interest rate may include how long your Account has been open, the timing or seriousness of a default under any card agreement that you have with us, or other indications of Account performance; • The delinquency annual interest rate takes effect as of the first day of your monthly statement period in which you are 30 days delinquent; • We may lower the annual interest rate for new Purchases and/or Cash Advances if you meet the terms of all card agreements that you have with us for six (6) consecutive billing periods. In the event of any payment arrears of the Account, Meridian reserves the right to apply any funds on deposit with us or any of our affiliates to the outstanding balance on the Account to bring it current and in good standing.
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Missed Payment. In the event that there is a problem with the payment transaction or method, you will be notified by e-mail and then have a 72 hour grace period to make the payment following the due date, whether paying in full or by installment, otherwise the Program will be put on hold and will remain until the account has been brought up to date. If no payment is made within a two week grace period, the Program will be automatically terminated and no refund will be provided. I retain all ownership rights to the materials provided to you through your participation in the Program. The copyrighted and original materials shall be provided to you for your individual use only and with a single-user license. You are not authorized to share, copy, distribute, or otherwise disseminate any materials received from us electronically or otherwise without my prior written consent. All intellectual property, including the copyrighted Program materials, shall remain my sole property and no license to sell or distribute or materials is granted or implied. You agree not to reproduce, duplicate, copy, sell, trade, resell or exploit for any commercial or personal purposes, any portion of the Program, including any of the Program materials.
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Missed Payment. Missing payments (which means not making at least the minimum payment on or before the due date shown on the Account statement) will affect the Account’s annual interest rates as follows: • All Account annual interest rates may increase if you default under any card agreement that the Business has with us because the Account payment to us is 30 or more days past due or an Account payment is made to us that is not honoured. In this circumstance, we may automatically increase the Account’s annual interest rates (including any promotional annual interest rate) on all balances to the delinquency annual interest rate; • Factors considered in determining your delinquency annual interest rate may include how long the Account has been open, the t iming or seriousness of a default under any Card agreement that the Business has with us, or other indications of Account performance; • The delinquency annual interest rate takes effect as of the first day of the Account monthly statement period in which payment thereto is 30 days delinquent; • We may lower the annual interest rate for new Purchases and/or Cash Advances if the Business meets the terms of all Card agreements that Business has with us for six (6) consecutive billing periods. In the event of any payment arrears of the Account, and in addition to any other remedies to which Meridian is entitled hereunder, at law or equity, Meridian reserves the right to apply any funds on deposit with us or any of our affiliates to the outstanding balance on the Account to bring it current and in good standing.
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Related to Missed Payment

  • Refused Payments We reserve the right to refuse to pay any Receiver. We will attempt to notify the Sender promptly if we decide to refuse to pay a Receiver designated by the Sender. This notification is not required if you attempt to make a prohibited payment under this Agreement.

  • Deferred Payment “Deferred Payment” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Delayed Payment Premium balances that remain unpaid for more than thirty (30) days after the Remittance Date will incur interest from the end of the reporting period. The Remittance Date is defined as thirty (30) days after the end of the reporting period. Interest will be calculated using the index specified in Article 13.5 − Interest Rate.

  • Returned Payments If after receipt of any payment which is applied to the payment of all or any part of the Obligations (including a payment effected through exercise of a right of setoff), the Administrative Agent or any Lender is for any reason compelled to surrender such payment or proceeds to any Person because such payment or application of proceeds is invalidated, declared fraudulent, set aside, determined to be void or voidable as a preference, impermissible setoff, or a diversion of trust funds, or for any other reason (including pursuant to any settlement entered into by the Administrative Agent or such Lender in its discretion), then the Obligations or part thereof intended to be satisfied shall be revived and continued and this Agreement shall continue in full force as if such payment or proceeds had not been received by the Administrative Agent or such Lender. The provisions of this Section 2.21 shall be and remain effective notwithstanding any contrary action which may have been taken by the Administrative Agent or any Lender in reliance upon such payment or application of proceeds. The provisions of this Section 2.21 shall survive the termination of this Agreement.

  • Estimated Payments Commencing on the first day of the Term on which Additional Rent is due, and on the first day of each calendar month thereafter during the Term of this Lease, Tenant shall pay Landlord all Additional Rent for: a) Real estate taxes pursuant to Section 2 above, b) Insurance premiums pursuant to Section 3 above, c) HVAC maintenance pursuant to Section 5 above, d) Common Area Charges pursuant to Section 4 above and e) Water and common utility use pursuant to Section 14 below. On an annual basis, Landlord shall provide Tenant with (a) a statement of all actual Common Area Charges and insurance premiums incurred in the preceding calendar year and (b) a statement of all charges of real estate taxes assessed against the Property in the preceding fiscal year. If Tenant has made estimated payments of Additional Rent during such calendar/fiscal year in excess of the actual amount due, Landlord shall credit Tenant with any overpayment against the next Rent otherwise due. If the actual Additional Rent due exceeds the estimated payments made by Tenant during the preceding year, Tenant shall pay such amount due as Additional Rent within 15 business days after notice from Landlord. Any failure by Landlord to deliver such statements shall not constitute a default by Landlord or operate as a waiver of Landlord’s right to collect all or any portion of Additional Rent due pursuant to the terms of this Lease. If Additional Rent for any calendar year increases by more than five percent (5%) over Additional Rent for the immediately preceding calendar year, Tenant, within ninety (90) days after receiving Landlord’s statement of actual Additional Rent (inclusive of those which vary with occupancy) for a particular calendar year, shall have the right to provide Landlord with written notice (the “Review Notice”) of its intent to review Landlord’s books and records relating to the Additional Rent for such calendar year. Within a reasonable time after receipt of a timely Review Notice, Landlord shall make such books and records available to Tenant or Tenant’s agent for its review at either Landlord’s home office or at the office of the Building, provided that if Tenant retains an agent to review Landlord’s books and records for any calendar year, such agent must (i) be a CPA firm or an in-house accountant or finance department employee of Tenant, (ii) not be compensated on a contingency basis and (iii) execute a copy of a confidentiality agreement with respect to such review. Tenant shall be solely responsible for any and all costs, expenses and fees incurred by Tenant or ▇▇▇▇▇▇’s agent in connection with such review. If Tenant elects to review ▇▇▇▇▇▇▇▇’s books and records, within thirty (30) days after such books and records are made available to Tenant, Tenant shall have the right to give Landlord written notice stating in reasonable detail any objection to ▇▇▇▇▇▇▇▇’s statement of actual Additional Rent for such calendar year. If Tenant fails to give Landlord written notice of objection within such thirty (30) day period or fails to provide Landlord with a Review Notice within the ninety (90) day period provided above, Tenant shall be deemed to have approved ▇▇▇▇▇▇▇▇’s statement of Additional Rent in all respects and shall thereafter be barred from raising any claims with respect thereto. Upon ▇▇▇▇▇▇▇▇’s receipt of a timely objection notice from ▇▇▇▇▇▇, Landlord and Tenant shall work together in good faith to resolve the discrepancy between ▇▇▇▇▇▇▇▇’s statement and ▇▇▇▇▇▇’s review. If Landlord and Tenant determine that Additional Rent for the calendar year in question are less than reported, Landlord shall provide Tenant with a credit against future Rent in the amount of any overpayment by Tenant. Likewise, if Landlord and Tenant determine that Additional Rent for the calendar year in question are greater than reported, Tenant shall forthwith pay to Landlord the amount of underpayment by Tenant with the understanding that there shall be no interest or late charge added thereto at the time same is billed to Tenant by reason of the failure of Tenant to previously have paid same when the excess was billed for such reviewed period. Any information obtained by Tenant pursuant to the provisions of this Section shall be treated as confidential. Notwithstanding anything herein to the contrary, ▇▇▇▇▇▇ shall not be permitted to examine ▇▇▇▇▇▇▇▇’s books and records or to dispute any statement of Additional Rent unless ▇▇▇▇▇▇ has paid to Landlord the amount due as shown on Landlord’s statement of actual Additional Rent, said payment being a condition precedent to ▇▇▇▇▇▇’s right to examine ▇▇▇▇▇▇▇▇’s books and records.