Late Payment definition
Late Payment means any amount that is due and payable by law under a written procurement contract, without deferral, delay, or set-off under COMAR 21.02.07.03, and remains unpaid more than 45 days after an agency receives a Proper Invoice.
Late Payment means a fee payment which is postmarked after the due date.
Late Payment. If the required minimum payment due under this Agreement is not paid within five days after the Closing Date subsequent to the Payment Due Date, your account may be charged, and you agree to pay, LATE CHARGE of $25.00. No further late charges will be imposed after this Agreement has become due and payable in full due to default as specified in the section of the Agreement entitled “Default.
Examples of Late Payment in a sentence
Notwithstanding the foregoing, with respect to the [***] such late payments of Rent after the Delinquency Date in any [***] month period, Tenant shall not be required to pay any Late Charge or Late Payment Interest unless each such failure continues for a period of [***] Business Days after written notice from Landlord as to such late payment.
Landlord’s acceptance of any Late Charge, or any Late Payment Interest, shall not be deemed to constitute a waiver of Tenant’s default with respect to the Late Payment, nor prevent Landlord from exercising any of the other rights and remedies available to Landlord hereunder or under any Applicable Laws.
More Definitions of Late Payment
Late Payment. A payment is late if you do not pay at least an amount equal to the Minimum Monthly Payment by the Payment Due Date. • RETURNED PAYMENT: A payment that is not honored by your financial institution.
Late Payment means payment not made within the contractual or statutory payment period as set out in Article 3;
Late Payment means and refer to any payment of Rent that Landlord has not received from Tenant prior to the Delinquency Date.
Late Payment means payment not made within the contractual or statutory period of payment and where the conditions laid down in Article 3(1) or Article 4(1) are satisfied;
Late Payment has the meaning given to it in clause 5.3 (a);
Late Payment means any payment made to the Company or its authorized agent after the due date printed on the bill.
Late Payment means Borrower's failure to pay any amount hereunder ------------ when due, without giving effect to any cure period, if any.