Late Payment Charges definition

Late Payment Charges means the amount which may be levied by the Bank on account of non-payment of the amounts payable by the Borrower on Due Date, in relation to the Loan as per the terms contained in the Facility Documents.

Late Payment Charges or “LPC” means the percentage interest rate charges applied to an account’s Delinquent Charges.

Late Payment Charges means penalties and interest applied by the City to unpaid Property Tax accounts, in accordance with section 345 of the Act and applicable City by-laws.

Examples of Late Payment Charges in a sentence

• Each ACH credit transfer must be received by AT&T ILLINOIS no later than the Bill Due Date of each bill or Late Payment Charges will apply.

• CLEC is responsible for any Late Payment Charges resulting from CLEC’s failure to use electronic funds transfers through the ACH network.

• In the event that the Purchaser fails to pay the Differential Sum or fails to sign the said Memorandum, the Bidding Deposit and the Late Payment Charges (“LPC”) shall be forfeited by the Assignee/Bank and the Property may be put up for sale again at a date and time to be fixed by the Assignee/Bank.

• Late Payment Charges are applied in accordance with 2.6 of the DSC.

• Payment arrangements must include all Tax Arrears, current taxes, accruing estimates of future taxes and Late Payment Charges and be sufficient to ensure payment in full is realized within a reasonable period of time.

More Definitions of Late Payment Charges

Late Payment Charges means the charges that should be paid by the Borrower to the Bank at the rate specified in this Agreement on account of delay in payment of the EPI or PEPII or any other amounts due and payable by the Borrower to the Bank on the respective Due Dates. Late Payment Charges shall be calculated from the Due Date until payment is made to the Bank. The Bank reserves the right to waive collection of Late Payment Charges at its discretion.

Late Payment Charges means amount payable by the Cardholder representing penalty for not paying at least the Minimum Amount Due on or before the Payment Due Date.

Late Payment Charges means a charge calculated at 1% of the outstanding balance of the Card Transactions subject to a minimum of RM10, whichever is higher, and up to a maximum of RM100.

Late Payment Charges. The charges payable by the Customer as set out in the Letter of Offer and Section 4.02 of Part A.

Late Payment Charges means penalties and interest applied by the Township to unpaid property tax accounts, in accordance with section 345 of the Act and applicable Township of Scugog by-laws.

Late Payment Charges means additional charges paid by borrowers on delinquent loans and loans past maturity held by the Partnership, including additional interest and late payment fees.

Late Payment Charges. For any late amount by the Tenant, interest on the amount outstanding from time to time shall bear simple interest at the rate of 1.25% per month (15% per year). Subject to City Council approval, the default rate of interest may be increased by the Landlord from time to time, by notice to the Tenant.