Interest for late payment. Any amount due to a Party pursuant to this Agreement and remaining unpaid after the date when payment was due shall bear interest from the date such payment was due until paid at a rate equal to the Base Rate in effect from time to time.
Appears in 6 contracts
Samples: Operation and Maintenance Agreement (Focus Impact BH3 NewCo, Inc.), Operation and Maintenance Agreement, Operation and Maintenance Agreement (Cheniere Corpus Christi Holdings, LLC)
Interest for late payment. Any amount properly due to a Party pursuant to this Agreement and remaining unpaid after the date when payment was due shall bear interest (both before and after judgment), such interest to accrue from day-to-day from the date such payment was due until such amount is paid in full at a rate equal to the Base Interest Rate in effect from time to timethe date when payment was due until the amount due is actually received by the payee.
Appears in 1 contract
Samples: Operation and Maintenance Agreement