Common use of Payment of Fees and Costs Clause in Contracts

Payment of Fees and Costs. THISCO will invoice HOTEL monthly for all fees, costs, and additional costs incurred by THISCO that are to be paid by HOTEL pursuant to this Agreement. HOTEL shall pay each invoice upon receipt and, in any event, within 30 days of each invoice date. In the event an invoice (all or a portion of which has not been materially disputed) is not paid within 30 days of mailing, HOTEL agrees to pay interest on all undisputed amounts over 30 days old at an annual rate of 15% or 1 1/4% per month.

Payment of Fees and Costs. THISCO will invoice HOTEL monthly for all fees, costs, and additional costs incurred by THISCO that are to be paid by HOTEL pursuant to this Agreement. HOTEL shall pay each invoice upon receipt and, in any event, within 30 days of each invoice date. In the event an invoice (all or a portion of which has not been materially disputed) is not paid within 30 days of mailingreceipt, HOTEL agrees to pay interest on all undisputed amounts over 30 days old at an annual rate of 15% or 1 1/4% per month.

Payment of Fees and Costs. THISCO will invoice HOTEL Hotel monthly for all fees, costs, and additional costs incurred by THISCO that are to be paid by HOTEL Hotel pursuant to this Agreement. HOTEL Hotel shall pay each invoice upon receipt and, in any event, within 30 days of each invoice date. In the event an invoice (all or a portion of which has not been materially disputed) is not paid within 30 days of mailing, HOTEL Hotel agrees to pay interest on all undisputed amounts over 30 days old at an annual rate of 15% or 1 1/4% per month.