Overdue Charge definition

Overdue Charge means a charge to be paid by the Borrower to JICA calculated at the rate of two percent (2%) per annum over and above the
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Examples of Overdue Charge in a sentence

  • If any amount payable under a Schedule is not received by Lessor within 10 days of the due date, Lessee agrees to pay an Overdue Charge, as defined herein, with respect to such amount.

  • Any fees, taxes or other charges paid by Lessor upon failure of Lessee to make such payments shall, at Lessor's option, become immediately due from Lessee to Lessor and shall be subject to the Overdue Charge from the date paid by Lessor until the date reimbursed by Lessee.

  • Any fees, taxes or other charges paid by Seller upon failure of Purchaser to make such payments shall, at Seller's option, become immediately due from Purchaser to Seller and shall be subject to the Overdue Charge from the date paid by Seller until the date reimbursed by Purchaser.

  • Any fees, taxes or other charges paid by Lessor upon failure of Lessee to make such payments shall, at Lessor's option, become immediately due from Lessee and shall be subject to the Overdue Charge from the date paid by Lessor until the date reimbursed by Lessee.

  • Any fees, taxes or other charges paid by Lessor upon failure of Lessee to make such payments shall, at Lessor's option, become immediately due from Lessee to Lessor and shall be subject to the Overdue Charge form the date paid by Lessor until the date reimburse by Lessee.

  • If any amount payable under a Schedule is not received by Lessor within 10 days of the due date, Lessee agrees to pay an overdue charge (an "Overdue Charge"), defined as an amount equal to 2% per month of any payment under a Lease which is past due, including, without limitation, any amounts not included in any payment of Rent hereunder, or the highest charge permitted by law, whichever is lower, with respect to such amount.

  • Headings 2 Article III Loan; Repayment; Interest; Overdue Charge; Method of Payment; Currency ..................................

Related to Overdue Charge

  • Overdue Payment shall have the meaning specified in Section 4.03(a).

  • Overdue Amount means any amount required to be paid by the Issuer under any of the Finance Documents but not made available to the Bondholders on the relevant Payment Date or otherwise not paid on its applicable due date.

  • Overdue Rate means, on any date, a per annum rate of interest equal to the lesser of (i) twelve percent (12%) or (ii) the maximum rate then permitted under applicable law.

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Overdue Interest means any interest payable pursuant to Section 2.8(b) of the Credit Agreement.