PermittedCharges Sample Clauses

The PermittedCharges clause defines which fees, costs, or charges a party is allowed to impose under the agreement. It typically outlines specific categories of charges that are acceptable, such as administrative fees, late payment penalties, or service-related costs, and may set limits or conditions for their application. By clearly specifying what charges are permitted, this clause helps prevent disputes over unexpected or unauthorized fees, ensuring transparency and predictability in the financial aspects of the contract.