Overdue Balances. Upon the occurrence of any default by Borrower of any term or provision of this Note, all sums outstanding under this Note shall thereupon immediately bear interest at the greater of (i) eighteen (18%) percent per annum, or (ii) the highest rate permitted by applicable law, commencing on the date immediately following the day upon which the payment was due, without notice to Borrower or any guarantor or endorser of this Note, and without any affirmative action or declaration on the part of Lender.
Overdue Balances. All invoices are due upon receipt and must be paid prior to the next billing date. No balances will be carried past billing date on a past due account. Services will be discontinued until overdue amount is paid in full. All overdue amounts must be paid for continuation of services by any all Redline staff. Any past due balances will be charged a 1.5% late fee per month. Client Name (Printed) Client Signature Date Redline Staff Member Name (Printed) Redline Staff Member Signature
Overdue Balances. Accounts with an unpaid balance past 120 days will be sent to a collection agency. At that time, you will be responsible for all cost incurred in the collection of your debt which may include attorney fees and interest charges.
Overdue Balances. Unless the amount is already accruing interest under clause 13.5, Guarantor must pay interest calculated on daily balances on any amount Guarantor owes under clauses 11.2 – 11.4 from the date Financier requests Guarantor for the amount until Guarantor pays it. The interest will be calculated in accordance with clause 13.5 as if references in that clause to Customer are to Guarantor.
Overdue Balances. An account with an unpaid balance past 90 days will be sent to our collection agency. At that time, additional fees will be added to your account, to cover any charges incurred by us for assistance in collecting your debt (collection agency fees, attorney fees, etc.) We do understand temporary financial problems may affect timely payment of your balance. In those situations, we encourage you to communicate any such problems immediately so we may assist you in the management of your account.
Overdue Balances. I acknowledge that subsequent treatments may be delayed or denied because of overdue balances or unpaid patient obligations. I also acknowledge that ICPA may place liens and take other actions to collect overdue or unpaid invoices. I agree that in addition to the balance(s) due, I will be liable for the cost of any collection efforts plus an additional 1.5% monthly finance charge on any unpaid patient obligations outstanding for 90 days or more.
Overdue Balances. I understand that payment on my account is due immediately after a statement is issued. After three statements, failure to make payment in full or make payment arrangements with our office will result in my account being subject to collections and a collection fee will be added to my bill. Initial: I have read and understand the ABC financial policy and I agree to be bound by all terms above. I also understand and agree that such terms may be amended by ABC from time to time.
