Common use of Default and Consequences of Default Clause in Contracts

Default and Consequences of Default. 18.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 7 contracts

Samples: www.nzuniforms.com, www.ecodemowindowsdoors.co.nz, magillocksmiths.com.au

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Default and Consequences of Default. 18.1 17.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierContractor’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 6 contracts

Samples: www.wellingtonplumber.co.nz, cliffordfloor.com.au, steverollselectrical.com.au

Default and Consequences of Default. 18.1 10.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a one half percent (2.5%) per calendar month (and at the Supplier’s sole discretion such interest shall compound monthly at such a rate) rate after as well as before any judgment.

Appears in 6 contracts

Samples: australiancleaningrags.com.au, www.randvelectrical.com.au, mediacache.homeimprovementpages.com.au

Default and Consequences of Default. 18.1 16.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierSeller’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 6 contracts

Samples: pumpingirrigation.com.au, www.glasscoaustralia.com.au, www.superiorstainless.co.nz

Default and Consequences of Default. 18.1 12.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 5 contracts

Samples: www.hydralada.com, www.hydralada.com, www.towandblow.co.nz

Default and Consequences of Default. 18.1 15.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierSeller’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 5 contracts

Samples: d347awuzx0kdse.cloudfront.net, www.magnumfilters.com, paccon.com.au

Default and Consequences of Default. 18.1 19.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierContractor’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 5 contracts

Samples: www.redpumps.com.au, assets.website-files.com, irp-cdn.multiscreensite.com

Default and Consequences of Default. 18.1 16.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierContractor’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 4 contracts

Samples: ricksplumbing.com.au, www.thepoolman.co.nz, www.signsplusbrisbane.com.au

Default and Consequences of Default. 18.1 21.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierContractor’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 4 contracts

Samples: www.electricianswellington.co.nz, irp-cdn.multiscreensite.com, bustruckrecovery.co.nz

Default and Consequences of Default. 18.1 20.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierContractor’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 4 contracts

Samples: www.smartclimate.nz, www.morganglass.co.nz, www.baysidekitchens.com.au

Default and Consequences of Default. 18.1 22.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierSeller’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 3 contracts

Samples: www.incrediblekitchens.co.nz, www.beejays.co.nz, thermo.co.nz

Default and Consequences of Default. 18.1 8.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierLiveli’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 3 contracts

Samples: cdn2.hubspot.net, liveli.com.au, eodatascience.com

Default and Consequences of Default. 18.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierSeller’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 3 contracts

Samples: www.pneumatic.com.au, www.euroserv.co.nz, jwrc.com.au

Default and Consequences of Default. 18.1 21.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierSchool’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 3 contracts

Samples: ccsc.nsw.edu.au, ccsc.nsw.edu.au, ccsc.nsw.edu.au

Default and Consequences of Default. 18.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierContractor’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 3 contracts

Samples: kayder.com.au, www.northsideremovalsqld.com.au, www.kevmar.com.au

Default and Consequences of Default. 18.1 14.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierSeller’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 3 contracts

Samples: cwc.com.au, static1.squarespace.com, shieldcreteaustralia.com.au

Default and Consequences of Default. 18.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a one half percent (2.5%) per calendar month (and at the SupplierCNC’s sole discretion such interest shall compound monthly at such a rate) , after as well as before any judgment.

Appears in 3 contracts

Samples: www.cnccartage.com.au, d3r4tb575cotg3.cloudfront.net, d3r4tb575cotg3.cloudfront.net

Default and Consequences of Default. 18.1 24.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 3 contracts

Samples: weldynz.co.nz, www.carrgroup.co.nz, techconnections.co.nz

Default and Consequences of Default. 18.1 14.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 2 contracts

Samples: mobilebathroomco.com, deraonestop.com.au

Default and Consequences of Default. 18.1 22.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierContractor’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 2 contracts

Samples: www.otagopaintingsolutions.co.nz, www.signatureyachtservices.com

Default and Consequences of Default. 18.1 22.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierXxxx Electrical’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 2 contracts

Samples: leckelectrical.co.nz, find.nztradegroup.co.nz

Default and Consequences of Default. 18.1 23.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierContractor’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 2 contracts

Samples: www.foxplumbing.co.nz, seselectrical.nz

Default and Consequences of Default. 18.1 11.1 Interest on overdue invoices shall accrue daily from the date when payment becomes dueDue Date, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month the Interest Rate (and at the Supplier’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment. The charging of interest by the Supplier on any amount outstanding after the Due Date will not be construed by the Customer as an option for payment over a longer period but as compensation to the Supplier for failure to pay on or before the Due Date.

Appears in 2 contracts

Samples: irp.cdn-website.com, irp-cdn.multiscreensite.com

Default and Consequences of Default. 18.1 22.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierHSE’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 2 contracts

Samples: heatspecelectrical.co.nz, heatspecelectrical.co.nz

Default and Consequences of Default. 18.1 16.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierPit Stop’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 2 contracts

Samples: www.pitstop.co.nz, www.pitstop.co.nz

Default and Consequences of Default. 18.1 19.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 2 contracts

Samples: www.soundservices.net.nz, www.wellingtonglass.co.nz

Default and Consequences of Default. 18.1 16.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierWastech’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 2 contracts

Samples: wastech.com.au, wastech.com.au

Default and Consequences of Default. 18.1 22.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierPronto Hire’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 2 contracts

Samples: prontohire.co.nz, prontohire.co.nz

Default and Consequences of Default. 18.1 19.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierM.D.L’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 2 contracts

Samples: www.m-developments.co.nz, m-developments.co.nz

Default and Consequences of Default. 18.1 15.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierEME Roofing’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 2 contracts

Samples: emeroofing.com.au, emeroofing.com.au

Default and Consequences of Default. 18.1 12.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierMouldmen’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 2 contracts

Samples: www.mouldmen.com, www.mouldmen.com

Default and Consequences of Default. 18.1 11.1 Interest on overdue invoices shall may accrue daily from the date when payment becomes due, due daily until the date of payment, payment at a rate of two and a half percent (2.5%) % per calendar month (and at the Supplier’s sole discretion such interest shall compound monthly may accrue at such a rate) rate after as well as before any judgment.

Appears in 2 contracts

Samples: www.tapexindustrial.com.au, greenlifegro.com.au

Default and Consequences of Default. 18.1 13.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierSeller’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 2 contracts

Samples: www.controlware.com.au, aussietecture.com.au

Default and Consequences of Default. 18.1 10.1 Interest on overdue Overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierCitywide’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment).

Appears in 2 contracts

Samples: citywideplumbing.co.nz, citywideplumbing.co.nz

Default and Consequences of Default. 18.1 22.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierXxxxxxx Air’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 2 contracts

Samples: www.beattieair.co.nz, www.beattieair.co.nz

Default and Consequences of Default. 18.1 24.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.52%) per calendar month (and at the SupplierXxxxxx ’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 2 contracts

Samples: maximo.co.nz, maximo.co.nz

Default and Consequences of Default. 18.1 13.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 2 contracts

Samples: t2msensory.com, www.accurateaustralia.com

Default and Consequences of Default. 18.1 16.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierWBL’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.wymerbrothers.co.nz

Default and Consequences of Default. 18.1 14.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierMercedes-Benz Unimog Centre’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.unidan.com.au

Default and Consequences of Default. 18.1 15.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierL.I’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: listerirrigation.com.au

Default and Consequences of Default. 18.1 20.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierMFM’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: motfarm.co.nz

Default and Consequences of Default. 18.1 16.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a one half percent (2.5%) per calendar month (and at the SupplierRJA’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.rja.com.au

Default and Consequences of Default. 18.1 16.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s CCS’ sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: concretecoloursolutions.com.au

Default and Consequences of Default. 18.1 13.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s Xxxx Springs’ sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.bellsprings.com.au

Default and Consequences of Default. 18.1 14.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s Gloss Boats’ sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.glossboats.co.nz

Default and Consequences of Default. 18.1 23.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierCreativeQ’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: creativeq.co.nz

Default and Consequences of Default. 18.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierTML’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.totalmaritime.com.au

Default and Consequences of Default. 18.1 16.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierStill Standing Sheetmetal’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.sssmetal.com.au

Default and Consequences of Default. 18.1 19.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s Portcullis’ sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: portcullis.com.au

Default and Consequences of Default. 18.1 15.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierContractor’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.freesites.com.au

Default and Consequences of Default. 18.1 17.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s MCS’ sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.mobileconcreteservices.com.au

Default and Consequences of Default. 18.1 15.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierProtrade’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: static1.squarespace.com

Default and Consequences of Default. 18.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierVendor’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.eclgroup.co.nz

Default and Consequences of Default. 18.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierCompany’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.trinitylogistics.com.au

Default and Consequences of Default. 18.1 23.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierSeller’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: staging.shedsandshelters.co.nz

Default and Consequences of Default. 18.1 15.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierAgent’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: southland.chemwash.co.nz

Default and Consequences of Default. 18.1 21.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierAgent’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: signwiseauckland.co.nz

Default and Consequences of Default. 18.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%2.5 ) per calendar month (and at the SupplierRKJ’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.ronkirkjoinery.co.nz

Default and Consequences of Default. 18.1 24.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s LEAP’S sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.leapconsulting.com.au

Default and Consequences of Default. 18.1 21.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s EAS’ sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: easwaikato.co.nz

Default and Consequences of Default. 18.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierKairos’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: kairoselectrical.com.au

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Default and Consequences of Default. 18.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierJSW’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: irp-cdn.multiscreensite.com

Default and Consequences of Default. 18.1 16.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierConsultant’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: tsltd.co.nz

Default and Consequences of Default. 18.1 7.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierContractor’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: nratiling.com.au

Default and Consequences of Default. 18.1 21.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a one half percent (2.5%) per calendar month (and at the SupplierTCF’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.tcfinternational.com.au

Default and Consequences of Default. 18.1 17.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierCalliNET’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: callinet.co.nz

Default and Consequences of Default. 18.1 15.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s MCDS’ sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: midcoastdoors.com.au

Default and Consequences of Default. 18.1 14.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s NGPS’ sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: newgenps.com.au

Default and Consequences of Default. 18.1 12.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, due and payable until the date of payment, payment at a rate of two and a half percent (2.5%) 2% per calendar month (and at the Supplier’s sole discretion month, with such interest shall compound monthly at such a rate) after as well as before any judgmentto be calculated daily and compounded monthly.

Appears in 1 contract

Samples: General Terms and Conditions of Supply

Default and Consequences of Default. 18.1 21.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierParamount’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: stainless.co.nz

Default and Consequences of Default. 18.1 19.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierSoftlink’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: 90d72143-c40d-4481-b734-5a793bca45f0.filesusr.com

Default and Consequences of Default. 18.1 17.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierBurnback’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.burnback.com.au

Default and Consequences of Default. 18.1 16.1. Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) 17% per calendar month annum (and at the Supplier’s our sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: Works Agreement

Default and Consequences of Default. 18.1 20.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierFP’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.fallproof.co.nz

Default and Consequences of Default. 18.1 13.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s Expressway Spares’ sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: expressway.com.au

Default and Consequences of Default. 18.1 7.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.mobilitymanawatu.co.nz

Default and Consequences of Default. 18.1 17.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierTMF’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: tmfeng.com.au

Default and Consequences of Default. 18.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierHFL’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: harbourfish.co.nz

Default and Consequences of Default. 18.1 17.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s Xxxxxx’x sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.larseneng.com.au

Default and Consequences of Default. 18.1 20.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierZEN Energy’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: global-uploads.webflow.com

Default and Consequences of Default. 18.1 7.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s P & M Fireplaces’ sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.pmfireplaces.co.nz

Default and Consequences of Default. 18.1 13.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s Company’ sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: cranemech.com.au

Default and Consequences of Default. 18.1 6.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierVeterinarian’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: swvets.co.nz

Default and Consequences of Default. 18.1 26.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two two- and a one-half percent (2.5%) per calendar month (and at the SupplierPukekohe Hiab Transport’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.pukekohehiabtransport.co.nz

Default and Consequences of Default. 18.1 14.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierCustomvac’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.customvac.com.au

Default and Consequences of Default. 18.1 14.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierJacmor’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: uploads.prod01.sydney.platformos.com

Default and Consequences of Default. 18.1 14.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s B&B Timbers’ sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: bbtimbers.com.au

Default and Consequences of Default. 18.1 17.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierXxxx’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: hikoelectrical.co.nz

Default and Consequences of Default. 18.1 16.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierCG’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.charactercabinets.com.au

Default and Consequences of Default. 18.1 19.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierWeldone’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: weldone.com.au

Default and Consequences of Default. 18.1 19.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierBalmoral’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.balmoralair.com.au

Default and Consequences of Default. 18.1 15.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the Supplier’s WWS’ sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: warewashingsolutions.com.au

Default and Consequences of Default. 18.1 15.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a one half percent (2.5%) per calendar month (and at the SupplierPackserv’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.packserv.com.au

Default and Consequences of Default. 18.1 19.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierTDD’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.thamesdrainage.co.nz

Default and Consequences of Default. 18.1 30.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierProvider’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: nortec.com.au

Default and Consequences of Default. 18.1 14.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierCyberChill’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.cyberchill.com.au

Default and Consequences of Default. 18.1 15.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierPP’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: proximityplumbing.com.au

Default and Consequences of Default. 18.1 16.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierXxxxxxx Air’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: www.beattieair.co.nz

Default and Consequences of Default. 18.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierOlectric’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: olectric.com

Default and Consequences of Default. 18.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due, until the date of payment, at a rate of two and a half percent (2.5%) per calendar month (and at the SupplierPF&T’s sole discretion such interest shall compound monthly at such a rate) after as well as before any judgment.

Appears in 1 contract

Samples: prenail.co.nz

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