Late Payment Service Charge definition

Late Payment Service Charge means a service charge added to the unpaid amount of any bill not paid in full by due date (close of business by twelve (12) days after the bill date).
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Late Payment Service Charge means a service charge added to the unpaid amount of
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Late Payment Service Charge equal to four percent (4%) of any rent payment, or any other payment prescribed herein, which has not been paid in accordance with the terms and conditions of this Lease Agreement. Said "Late Payment Service Charge" shall be paid by Tenant to Landlord promptly upon proper notice and demand therefor. Notwithstanding the foregoing, in the event Landlord has delivered to Tenant a First Notice pursuant to Section 21.01 for non-payment of any additional rent and Tenant is contesting the payment of any additional rent in accordance with the provisions of Section 21.01, Landlord agrees not to impose a Late Payment Service Charge until after the expiration of the ten (10) day period following Landlord's Response. In the event Landlord has NOT delivered to Tenant a First Notice pursuant to Section 21.01 for non-payment of any additional rent and: Tenant is contesting, in good faith, the payment of such additional rent; and Tenant has provided Landlord with written notice of such contest within ten (10) days of Tenant's receipt of Landlord's invoice; and Such written notice contains the basis for Tenant's contest, including any and all required supporting documentation; and Tenant diligently prosecutes such contest in an expeditious manner; then Landlord shall delay exercising its right to impose a Late Payment Service Charge on contested additional rent payments for a period of fifteen (15) days after Landlord's receipt of Tenant's contest notice.
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Examples of Late Payment Service Charge in a sentence

  • However, a fee of $25 is charged for replacement cards.• Late Payment Service Charge: A penalty fee is assessed for late payments.

  • If Tenant does not pay such amount in full, Tenant will be charged an additional Late Payment Service Charge.

  • Common mistakes included: applying the quality index to the total PMPM; adding the settlement to the original PMPM; not multiplying the difference of the PMPMs by 50%; calculating the settlement as the difference between $2.50 and $2.40.

  • We purpose the following change in the Late Payment Service Charge.

  • Repeal of Penalty for Failure to Pay Tax and Imposition of Late Payment Service Charge (sec.


More Definitions of Late Payment Service Charge

Late Payment Service Charge means a service charge added to the unpaid amount of any bill not paid in full by due date.
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Late Payment Service Charge shall be paid by Tenant to Landlord promptly upon proper notice and demand therefor. Notwithstanding the above, said “Late Payment Service Charge” shall not accrue until five (5) days after written notice to Tenant that any such payments are due.
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Late Payment Service Charge. Any funds owed greater than 30 days beyond the Completion Date are subject to a service charge of one and one-half percent (1½ %) per month on the unpaid balance.
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Related to Late Payment Service Charge

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • Late Payment Charge means the charge that is applied when either Party fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by either Party as of the Bill Due Date, or if either Party does not submit the Remittance Information.

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

  • Annual Service Charge for any period means the aggregate interest expense for such period in respect of, and the amortization during such period of any original issue discount of, Indebtedness of the Issuer and its Subsidiaries.

  • Late Payment means any amount that is due and payable by law under a written procurement contract, without deferral, delay, or set-off under COMAR 21.02.07.03, and remains unpaid more than 45 days after an agency receives a Proper Invoice.

  • payment service means any business activity set out in Annex I;

  • payment service user means a natural or legal person making use of a payment service in the capacity of either payer or payee, or both;

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Total Service Charges means all charges, after application of all discounts and credits, for Services excluding Taxes, Governmental Charges, equipment, Company ILEC, Company Wireless, Document Delivery Fax, non-recurring, goods and services acquired by Company as Customer’s agent, international pass-through access (Type 3/PTT) and charges for international access or provided by Company (Type 1), charges for security services provided by Cybertrust, Inc. or its affiliates set forth in the Guide as providers of Cybertrust security services and other charges expressly excluded by this Agreement.

  • Monthly Service Fees means the monthly (or 1/12 of the annual fee) subscription fees paid for the affected Cloud Service which did not meet the SA SLA.

  • Late Payment Rate As defined in the Insurance Agreement.

  • Service Charges means the fees levied by the municipality in terms of its tariff policy for any municipal services rendered in respect of an immovable property and includes any penalties, interest or surcharges levied or imposed in terms of this policy.

  • payment service provider means a person whose business includes the provision of transfer of funds services;

  • Late Payment Interest means and refer to interest on a particular Late Payment at the Default Rate.

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Note Payment Sequence means the application of Interest Proceeds in accordance with the Interest Proceeds Priority of Payments or the application of Principal Proceeds in accordance with the Principal Proceeds Priority of Payments, as applicable, in the following order:

  • Payment Services means such Services as We provide in relation to payments into and out of Your Account.

  • Debit Payment means a particular transaction where a debit is made.

  • Monthly Fees means, collectively, [INSERT FOR HFS: the Monthly Food and Beverage Fee,] the Monthly Program Fee and the Monthly Royalty Fee, each of which is set forth in the Addendum. [INSERT FOR HFS: “Monthly Food and Beverage Fee” means the fee we require from you in Subsection 8.2, which is set forth in the Addendum.]

  • Service Fee means a fee charged by us to you for the administration of your credit facility.

  • Bond Service Charges means, for any period or payable at any time, the principal of, premium, if any, and interest on the Bonds for that period or payable at that time whether due at maturity or upon redemption, Mandatory Tender or acceleration.

  • Annual Debt Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Overdue Payment shall have the meaning specified in Section 4.03(a).

  • Monthly Charge shall have the meaning set forth in Article 5.