Overdue Payment. In the event any payment due hereunder is not made when due, the payment shall accrue interest (beginning on the date such payment is due) calculated at the rate of one (1%) percent per month and such payment when made shall be accompanied by all interest so accrued.
Overdue Payment. Amounts not paid in accordance with this Section 4 on or before the due date shall be payable with interest accruing at a rate equal to one percent plus the prime commercial lending rate established from time to time by Chase Manhattan Bank, N.A., New York, New York, or its successor, from the due date until the date upon which payment is made.
Overdue Payment. For overdue payment Multitest will charge one and one half percent (1.5%) interest per month.
Overdue Payment. 5.3.1 If the Member fails to make any payment of a Member Statement by the Payment Date, then without prejudice to any other right or remedy available, Fram Farmers shall, upon notice to the Member be entitled to reject any future Orders of that Member and notify the Suppliers of the same until any default by the Member is remedied. In respect of any unpaid amounts, Fram Farmers may (without prejudice to any other right or claim), charge interest in accordance with section 5.3.2.
Overdue Payment. In the event any payment due hereunder is not made when due, the payment shall accrue interest (beginning on the date such payment is due) calculated at the rate of one percent (1.0%) per month and such payment when made shall be accompanied by all interest so accrued.
Overdue Payment. 7.10.1 Payments required to be made under the terms of this Deed shall for the purposes of this clause be deemed to fall due and to be payable on the date specified for payment in the relevant clause or if no date is specified in the relevant clause then such payment shall fall due 21 days after the occurrence of the relevant Trigger Date (in either case the "Due Date")
Overdue Payment. (a) If the Borrower fails to pay any principal or interest payable under this Agreement with respect to Tranche A on the due date thereof (such overdue amount being hereinafter referred to as the "TRANCHE A OVERDUE AMOUNT"), the Borrower shall pay JBIC interest (hereinafter referred to as the "TRANCHE A OVERDUE INTEREST") on such Tranche A Overdue Amount for the period from and including the due date thereof up to and excluding the date of actual receipt of the payment by JBIC (hereinafter referred to as the "TRANCHE A OVERDUE PERIOD") on demand, to the fullest extent permitted by applicable law, at the applicable interest rate and margin set forth in Section 5.01 plus 2% per annum on each Calculation Date. Such Tranche A Overdue Interest shall accrue after as well as before judgment and in accordance with Section 5.04. Interest at the rate stipulated in Section 5.01 shall not accrue on any Tranche A Overdue Amount during this Period.
Overdue Payment. The Borrower fails to pay any amount payable by it pursuant to the provisions of this Agreement when due.
Overdue Payment. In the case of a delay in payment not caused by Force Majeure, interest on any overdue payments shall accrue at a rate of [***], effective for the applicable days of the period of default.
Overdue Payment. 15.1 Failure to pay at the due date shall result in the immediate demand for payment of all issued invoices, including those not yet due as well as the amounts payable for orders fulfilled during invoicing and orders pending release. Fulfilment of current orders may be suspended and/or terminated.
