Days Late is defined as the number of days beyond the Closing Date): Late Payment For Each No. of Days Late $10,000 of Common Stock 2 $ 200 3 $ 300 4 $ 400 5 $ 500 6 $ 600 7 $ 700 8 $ 800 9 $ 900 10 $1,000 Over 10 $1,000 + $200 for each Business Day late beyond 10 The Company shall pay any payments incurred under this Section in immediately available funds upon demand. Nothing herein shall limit the Investor's right to pursue actual damages for the Company's failure to issue and deliver the Securities to the Investor, except to the extent that such late payments shall constitute payment for and offset any such actual damages alleged by the Investor, and any Buy In Adjustment Amount.
Days Late is defined as the number of trading days beyond the Closing Date. The Amounts are cumulative.): LATE PAYMENT FOR EACH NO. OF DAYS LATE $10,000 OF COMMON STOCK 1 $100 2 $200 3 $300 4 $400 5 $500 6 $600 7 $700 8 $800 9 $900 10 $1,000 Over 10 $1,000 + $200 for each Business Day late beyond 10 days The Company shall pay any payments incurred under this Section in immediately available funds upon demand by the Investor. Nothing herein shall limit the Investor's right to pursue actual damages for the Company's failure to issue and deliver the Securities to the Investor, except to the extent that such late payments shall constitute payment for and offset any such actual damages alleged by the Investor, and any Buy In Adjustment Amount.
Days Late is defined as the number of days beyond the Closing Date):
Examples of Days Late in a sentence
Over 24 Hours (24 hours and 1 minute) to 7 Calendar Days Late: 20% reduction in grade.
PAYMENT TERMS: Please mark appropriate block.% - 10 Days% - 20 Days% - 30 Days Net - 30 Days Late Payment fees will incur at the State of Texas statutory rate.
Payment Terms: Please mark appropriate block.% - 10 Days% - 20 Days% - 30 Days Net - 30 Days Late Payment fees will incur at the State of Texas statutory rate.
The system uses the Received date and Due date fields to calculate the Days Late value.
In Excel, you can filter on the Days Late and Customer columns to identify those receivables that are becoming delinquent, those that will require payment plans or documentation of upcoming payment for Financial Reporting & Accounting Services, or those that are due to be reversed back to your department’s chartstring.
More Definitions of Days Late
Days Late is defined as the number of Trading Days beyond four (4) Trading Days from the date of receipt by the Company of the Exchange Notice):
Days Late is defined as the number of Trading Days beyond three (3) Trading Days after the applicable Delivery Date): Late Payment for Each $10,000.00 No. Trading Days Late of Principal or Interest Being Converted under the Note or Aggregate Exercise Price under the Warrant $100.00 2 $200.00 3 $300.00 4 $400.00 5 $500.00 6 $600.00 7 $700.00 8 $800.00 9 $900.00 10 $1,000.00 >10 $1,000.00 + $200.00 for each Trading Day Late beyond 10 As elected by the Holder, the amount of any payments incurred under this Section 7.1 shall either be automatically added to the principal balance of the Note (without the need to provide any notice to the Company) or otherwise paid by the Company in immediately available funds upon demand. Nothing herein shall limit the Holder’s right to pursue additional damages for the Company’s failure to issue and deliver the Conversion Shares or Warrant Shares, as applicable, to the Holder within a reasonable time. The Company acknowledges that if the Company fails to effect delivery of the Conversion Shares or the Warrant Shares as and when required, the Holder may revoke the Conversion Notice or Notice of Exercise pursuant to the terms set forth in the Note or the Warrant, as applicable. Notwithstanding any such revocation, the charges described in this Section 7.1 which have accrued through the date of such revocation shall remain due and owing to the Holder.
Days Late is defined as the number of business days beyond three (3) business days from the date of receipt of the Conversion Notice):
Days Late is defined as the number of Trading Days beyond three (3) Trading Days from the date the Notice of Conversion is delivered to the Company).
Days Late is defined as the number of Trading Days beyond three (3) Trading Days from the date the Notice of Conversion is delivered to the Company). ----------------------------------------------------------------------------- No. Trading Days Xxxx Xxxx Payment for Each $5,000 of Principal Amount Being Converted ----------------------------------------------------------------------------- ----------------------------------------------------------------------------- 1 $100 ----------------------------------------------------------------------------- ----------------------------------------------------------------------------- 2 $200 ----------------------------------------------------------------------------- ----------------------------------------------------------------------------- 3 $300 ----------------------------------------------------------------------------- ----------------------------------------------------------------------------- 4 $400 ----------------------------------------------------------------------------- ----------------------------------------------------------------------------- 5 $500 ----------------------------------------------------------------------------- ----------------------------------------------------------------------------- 6 $600 ----------------------------------------------------------------------------- ----------------------------------------------------------------------------- 7 $700 ----------------------------------------------------------------------------- ----------------------------------------------------------------------------- 8 $800 ----------------------------------------------------------------------------- ----------------------------------------------------------------------------- 9 $900 ----------------------------------------------------------------------------- ----------------------------------------------------------------------------- 10 $1,000 ----------------------------------------------------------------------------- ----------------------------------------------------------------------------- More than 10 $1,000 +$200 for each Trading Day ----------------------------------------------------------------------------- ----------------------------------------------------------------------------- ----------------------------------------------------------------------------- The Company shall pay any payments incurred under this Paragraph 8(b) in immediately available funds upon demand. Nothing her...
Days Late is defined as the number of Trading Days beyond two (2) Trading Days after the Delivery Date): Late Payment for Each $10,000 of No. Business Days Late Principal or Interest Being Converted 1 $100 2 $200 3 $300 4 $400 5 $500 6 $600 7 $700 8 $800 9 $900 10 $1,000 >10 $1,000 + $200 for each Business Day Late beyond 10 days The amount of any payments incurred under this Section 7(b) shall be automatically added to the principal balance of the applicable Note and the Company shall pay any such payments in immediately available funds upon demand. Nothing herein shall limit the Holder’s right to pursue actual damages for the Company’s failure to issue and deliver the Shares to the Holder within a reasonable time. Furthermore, in addition to any other remedies which may be available to a Holder, in the event that the Company fails for any reason to effect delivery of such Shares within two (2) Trading Days after the Delivery Date, the Holder will be entitled to revoke the relevant Notice of Conversion by delivering a notice to such effect to the Company prior to the Holder’s receipt of the relevant Shares, whereupon the Company and the Holder shall each be restored to their respective positions immediately prior to delivery of such Notice of Conversion or Notice of Exercise, as the case may be; provided, however, that any payments contemplated by this Section 7(b) which have accrued through the date of such revocation notice shall remain due and owing to the Holder notwithstanding such revocation.
Days Late is defined as the number of Trading Days beyond three (3) Trading Days after the Delivery Date): No. Business Days Xxxx Xxxx Payment For Each $10,000.00 of Principal or Interest Being Converted 1 $100.00 2 $200.00 3 $300.00 4 $400.00 5 $500.00 6 $600.00 7 $700.00 8 $800.00 9 $900.00 10 $1,000.00 >10 $1,000.00 + $200.00 for each Business Day Late beyond 10 days As elected by the Holder, the amount of any payments incurred under this Section 6(b)(i) shall either be automatically added to the principal balance of the Note or otherwise paid by the Company in immediately available funds upon demand. Nothing herein shall limit the Holder’s right to pursue additional damages for the Company’s failure to issue and deliver the Shares to the Holder within a reasonable time. Furthermore, in addition to any other remedies which may be available to a Holder, in the event that the Company fails for any reason to effect delivery of such Shares within three (3) Trading Days after the Delivery Date, the Holder will be entitled to revoke the relevant Notice of Conversion or Notice of Exercise by delivering a notice to such effect to the Company prior to such Holder’s receipt of the relevant Shares, whereupon the Company and the Holder shall each be restored to their respective positions immediately prior to delivery of such Notice of Conversion or Notice of Exercise, as the case may be; provided, however, that any payments contemplated by this Section 6(b)(i) which have accrued through the date of such revocation notice shall remain due and owing to the Holder notwithstanding such revocation.