Default and Consequences of Default. 8.1 Interest on overdue invoices shall accrue from the date when payment becomes due daily until the date of payment at a rate of 2.5% per calendar month and shall accrue at such a rate after as well as before any judgement.
Appears in 2 contracts
Samples: garageequipment.com.au, levanta.com.au
Default and Consequences of Default. 8.1 11.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due daily due, until the date of payment payment, at a rate of 2.5% eighteen percent (18.0%) per calendar month annum (and at the Supplier’s sole discretion such interest shall accrue compound monthly at such a rate rate) after as well as before any judgementjudgment.
Appears in 2 contracts
Samples: Definitions and Interpretations 1, Definitions and Interpretations 1
Default and Consequences of Default. 8.1 15.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due daily due, until the date of payment payment, at a rate of 2.5% six percent (6.0%) per calendar month and shall accrue at such a rate annum after as well as before any judgementjudgment.
Appears in 1 contract
Samples: oreflow.com.au
Default and Consequences of Default. 8.1 12.1 Interest on overdue invoices shall accrue from the date when payment becomes due daily until the date of payment at a rate of 2.5% per calendar month and shall accrue at such a rate after as well as before any judgementjudgment.
Appears in 1 contract
Samples: www.atlanticoil.com
Default and Consequences of Default. 8.1 15.1 Interest on overdue invoices shall accrue daily from the date when payment becomes due daily due, until the date of payment payment, at a rate of 2.5% eighteen percent (18.0%) per calendar month annum (and at the Supplier’s sole discretion such interest shall accrue compound monthly at such a rate rate) after as well as before any judgementjudgment.
Appears in 1 contract
Samples: oreflow.com.au
