Late Payment Fine definition

Late Payment Fine means the penalty to be charged by the Bank to the Cardholder when the Cardholder fails to make the Minimum Payment Amount within the Payment Due Date.
View Source

Examples of Late Payment Fine in a sentence

  • Late Payment Fine: if the Client is late, then this late payment interest is hereby set forth: 1 EUR for each day of being late with the payment of the fee hereunder.

Related to Late Payment Fine

  • 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 Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

  • Late Payment Interest means and refer to interest on a particular Late Payment at the Default Rate.

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • Late Payment Rate As defined in the Insurance Agreement.