Late Payment Charge definition

Late Payment Charge means the charge that is applied when either Party fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by either Party as of the Bill Due Date, or if either Party does not submit the Remittance Information.
Late Payment Charge. Any balance forward is overdue. Please allow sufficient time for payments to reach our office by the due date. Some financial institutions take up to four (4) days to forward payments to our office and there may be a charge for each cheque that is returned due to insufficient funds. You have the right to dispute incorrect calculations or estimates if you inform us promptly, but you must pay your bill in full while a dispute is being resolved. If you are correct, we will adjust your bill. You are responsible for all legal and collection fees associated with us trying to collect any amounts owing.
Late Payment Charge shall have the meaning set forth in Section 2.2.3.

Examples of Late Payment Charge in a sentence

  • AMERICAN EXPRESS CORPORATE CARD CONDITIONS – SINGAPORE FEE SCHEDULE* – SINGAPORE (SGD) Corporate Products Fees Late Payment Charge Foreign Currency Conversion Commission Annual Card Fees before 1 Jan 2023 (incl.

  • Bills remaining unpaid at the expiration of the net payment period shall be subject to a Late Payment Charge of 1.5% per month applied to any unpaid amount.


More Definitions of Late Payment Charge

Late Payment Charge means a finance, service, carrying, or penalty charge that is assessed by a utility because a bill or portion of a bill is delinquent.
Late Payment Charge means penalty charge that is assessed by the Cooperative because a bill or portion of a bill is delinquent.
Late Payment Charge means the one (1) time penalty assessed by a sewage disposal company upon all current bills at such time as they become delinquent.
Late Payment Charge means any amount required to be paid by the les- see to the lessor as additional com- pensation for the lessee’s failure to make any payment of rent under a rental agreement when due.
Late Payment Charge means the charge that is applied when a CARRIER fails to remit payment for any charges by the Xxxx Due Date, or if payment for any portion of the charges is received from CARRIER after the Xxxx Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by AT&T-22STATE as of the Xxxx Due Date, or if the CARRIER does not submit the Remittance Information.
Late Payment Charge. The Company promises to pay to HSBC promptly upon the accrual thereof a late payment charge of 6% of the amount of any installment payment not paid within ten days of receipt by the Company of the bill for such payment.
Late Payment Charge means the charge that is applied when CLEC fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received from CLEC after the Bill Due Date, or if