Common use of Late Payment Charges Clause in Contracts

Late Payment Charges. (a) If you do not pay your Account in full upon receipt you are in default. Therefore, you acknowledge that we may suspend or cancel your charge privileges, and you agree that late payment charges may be incurred as follows: • If we do not receive full payment of the ‘Total due’ billed in the monthly statement by the date of the next statement, the unpaid balance will be identified as an ‘Overdue’ amount • Late payment charges will be incurred on any overdue amount which is identified in a statement and will be billed in that statement. • An overdue amount may include any unpaid late payment charges billed on previous statements. • The amount payable is set out in the attached Fee Schedule.

Appears in 6 contracts

Samples: Global Corporate Payments Agreement, Global Corporate Payments Agreement, Global Corporate Payments Agreement

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Late Payment Charges. (a) If you do not pay your Account in full upon receipt you are in default. Therefore, you acknowledge that we may suspend or cancel your charge privileges, and you agree that late payment charges may be incurred as follows: • If we do not receive full payment of the Total duebilled in the monthly statement by the date of the next statement, the unpaid balance will be identified as an Overdueamount • Late payment charges will be incurred on any overdue amount which is identified in a statement and will be billed in that statement. • An overdue amount may include any unpaid late payment charges billed on previous statements. • The amount payable is set out in the attached Fee Schedule.

Appears in 2 contracts

Samples: Global Corporate Payments Agreement, Global Corporate Payments Agreement

Late Payment Charges. (a) If you do not pay your Account in full upon receipt receipt, you are in default. Therefore, you acknowledge that we may suspend or cancel your charge privileges, and you agree that late payment charges may be incurred as follows: • If we you do not receive pay the full payment of the ‘Total due’ billed in the monthly statement closing balance by the due date of the next on your monthly statement, the unpaid balance will be identified as an ‘Overdue’ amount amount. • Late payment charges will be incurred on any overdue amount which is identified in a statement and will be billed in that statement, except for BTA which will be billed in the next statement. • An overdue amount may include any unpaid late payment charges billed on previous statements. • The amount payable is set out in the attached Fee Schedule.

Appears in 1 contract

Samples: business.americanexpress.com

Late Payment Charges. (a) If you do not pay your Account in full upon receipt receipt, you are in default. Therefore, you acknowledge that we may suspend or cancel your charge privileges, and you agree that late payment charges may be incurred as follows: • If we you do not receive pay the full payment of the ‘Total due’ billed in the monthly statement closing balance by the due date of the next on your monthly statement, the unpaid balance will be identified as an ‘Overdue’ amount amount. • Late payment charges will be incurred on any overdue amount which is identified in a statement and will be billed in that statement, except for BTA which will be billed in the next statement. • An overdue amount may include any unpaid late payment charges billed on previous statements. AEX9691 03/15 • The amount payable is set out in the attached Fee Schedule.

Appears in 1 contract

Samples: business.americanexpress.com

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Late Payment Charges. (a) If you do not pay your Account in full upon receipt you are in default. Therefore, you acknowledge that we may suspend or cancel your charge privileges, and you agree that late payment charges may be incurred as follows: • If we do not receive full payment of the Total duebilled in the monthly statement by the date of the next statement, the unpaid balance will be identified as an Overdue’ amount ” amount. • Late payment charges will be incurred on any overdue amount which is identified in a statement and will be billed in that statement. • An overdue amount may include any unpaid late payment charges billed on previous statements. • The amount payable is set out in the attached Fee Schedule.

Appears in 1 contract

Samples: www.americanexpress.com

Late Payment Charges. (a) If you do not pay your Account in full upon receipt receipt, you are in default. Therefore, you acknowledge that we may suspend or cancel your charge privileges, and you agree that late payment charges may be incurred as follows: • If we do not receive full payment of the ‘Total due’ billed in the monthly statement by the date of the next statement, the unpaid balance will be identified as an ‘Overdue’ amount amount. • Late payment charges will be incurred on any overdue amount which is identified in a statement and will be billed in that statement. • An overdue amount may include any unpaid late payment charges billed on previous statements. AEX9691 10/13 • The amount payable is set out in the attached Fee Schedule.

Appears in 1 contract

Samples: business.americanexpress.com

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