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. A payment is late if you do not pay at least an amount equal to the Minimum Monthly Payment by the Payment Due Date.

Examples of Late Payment in a sentence

  • Late Payment PenaltyIf you pay your small business income tax liability late, we will charge you interest and penalties on the amount you owe.

  • Recovery of interest on late creditor payments by schools under the Late Payment of Commercial Debts (Interest) Act 1998.

  • Where any payments or sums due to the Company under the Contract are not paid by the Due Date then the payments or sums remaining due shall carry interest at the rate prescribed by the Late Payment of Commercial Debts (Interest) Act 1998, the Construction Contracts Act 2013 or equivalent legislation in the Relevant Jurisdiction in force from time to time from the Due Date until the date on which the payment is made, whether before or after judgment.

  • Annual Fee Your Card comes with a $249 annual fee Late Payment Fee We may charge you this Fee if we do not receive your payment as instructed on your Statement by the payment due date.

  • If over the next six Billing Cycles, the minimum payment is not received when due, we may charge a Late Payment Fee of the minimum payment due or $40, whichever is less.


More Definitions of Late Payment

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.
Late Payment. If the required minimum payment due under this Agreement is not received by the 1st day of the month after the month in which the payment is due, your account may be charged, and you agree to pay, a LATE CHARGE of up to $35.00 (the actual fee may be lower). 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.” The charge shall be treated as a purchase on your monthly statement.
Late Payment. Charges: I understand and agree that if I fail to pay my student account bill or any monies due by the scheduled due date, Fontbonne University will assess a late fee of $25.00 per month until my past due account is paid in full.
Late Payment has the meaning given to it in clause 5.3 (a);
Late Payment means any payment made more than 20 calendar days after the date payment was due. Payment is due whenever specified by the Company on its bill, provided such date does not occur before personal service of the bill or posting of the bill electronically or 3 calendar days after the mailing of the bill.
Late Payment means and refer to any payment of Rent that Landlord has not received from Tenant prior to the Delinquency Date.