Common use of SERVICE CHARGES; INTEREST Clause in Contracts

SERVICE CHARGES; INTEREST. Renter shall pay Operator a late fee equal to five-percent (5%) of the amount late with a minimum of ten dollars $10.00 on every monthly rental payment received after the fifteenth (15th) day of the month and Fifty Dollars ($50.00) for every check returned by Renter's Bank for insufficient funds or for any other reason. Operator also shall be entitled to interest at the rate of 1.5-percent (1.5%) per month on any payment amount more than thirty (30) days past due.

SERVICE CHARGES; INTEREST. Renter shall pay Operator a late fee equal to five-percent (5%% percent) of the amount late with a minimum of ten dollars $10.00 on every monthly storage rental payment received after the fifteenth FIFTEENTH (15th15TH) day of the month and Fifty Dollars ($50.00) for every check returned by Renter's Bank for insufficient funds or for any other reason. Operator also shall be entitled to interest at the rate of 1.5-percent (1.5%) per month on any payment amount more than thirty (30) days past due. An $80.00 EARLY REMOVAL FEE WILL BE APPLIED IF BOAT IS REQUESTED OUT PRIOR TO THE MONTH STATED IN TERM/RENEWAL SECTION.

SERVICE CHARGES; INTEREST. Renter shall pay Operator a late fee equal to five-percent (5%% percent) of the amount late with a minimum of ten dollars $10.00 on every monthly storage rental payment received after the fifteenth FIFTEENTH (15th15TH) day of the month and Fifty Dollars ($50.00) for every check returned by Renter's Bank for insufficient funds or for any other reason. Operator also shall be entitled to interest at the rate of 1.5-percent (1.5%) per month on any payment amount more than thirty (30) days past due. An $80.00 EARLY REMOVAL FEE WILL BE APPLIED IF BOAT IS REQUESTED OUT PRIOR TO THE MONTH STATED IN TERM/ RENEWAL SECTION.