Late Fee definition

Late Fee. If you don’t pay at least the Minimum Payment Due by the Payment Due Date, we will charge you a late fee. o The fee is $27.00 if you were not charged a late fee during any of the prior six billing periods.
Late Fee means a fee paid or payable, as the context may require, to the related lender by a Mortgagor as provided in the related Mortgage Loan, A/B Whole Loan or Loan Pair in connection with a late payment made by such Mortgagor, but excluding any such amounts allocable to a Non-Serviced Mortgage Loan and related Non-Serviced Companion Loan pursuant to the terms of the related Non-Serviced Mortgage Loan Intercreditor Agreement, and, with respect to a Joint Mortgage Loan treated as a Loan Pair in accordance with Section 8.30 hereof, including only the portion of such amounts that is received by the Trust in accordance with Section 8.30 hereof.
Late Fee means a charge applied when the amounts due are not paid by you by the due date.

Examples of Late Fee in a sentence

  • The Borrower shall be charged a late fee equal to: [LATE FEE AMOUNT] ☐ – Not Charged a Late Fee.

  • Therefore, if any monthly rent is received after DAYS from the rental due date, Occupant shall pay to Owner a FIRST LATE FEE for each month rent is past due.

  • Furthermore, if any monthly rent payment is received after DAYS from the rental due date, a SECOND LATE FEE will be assessed for each month rent is past due.


More Definitions of Late Fee

Late Fee means a late fee or similar fee that is charged to an Account under the related Credit Card Agreement.
Late Fee shall have the meaning set forth in Section 2(c) hereof.
Late Fee means a fee payable to the Master Servicer or the Special Servicer, as the case may be, to the extent actually collected from the Mortgagor as provided in the related Mortgage Loan, Serviced Companion Mortgage Loan or the related B Note in connection with a late payment made by such Mortgagor. References in this Agreement to Late Fees and default interest in respect of any Loan Pair or in respect of any Non-Serviced Mortgage Loan and its related Non-Serviced Companion Mortgage Loan shall mean only the portion thereof that is received by the Trust in accordance with the applicable Loan Pair Intercreditor Agreement or Non-Serviced Mortgage Loan Intercreditor Agreement.
Late Fee means any fee or charge assessed for an occupant’s failure to pay rent when due. “Late fee” does not include interest on a debt, reasonable expenses incurred in the collection of unpaid rent, or costs associated with the enforcement of any other remedy provided by law or contract.
Late Fee means any fee or charge assessed for an
Late Fee means a fee or charge assessed by an owner of a
Late Fee means a reasonable fee or charge that is assessed by the