Based on Interest Clause Samples
Based on Interest. The late fee shall equal the Rent Due with interest accumulating at a rate of % per annum and applied each ☐ occurrence ☐ day until the Rent is paid in full. All late payments made related to Rent shall be first applied to the late fee and all remaining amounts toward the outstanding Rent amounts.
Based on Interest. A late fee shall be charged at a rate of occurrence All late payments made related to Rent shall be first applied to the late fee and all remaining amounts toward the outstanding Rent amounts.
Based on Interest. Interest of % will be charged on the outstanding balance due for each month payment is late.
Based on Interest. Interest at a rate of % per annum, compounding monthly, will be charged on the outstanding balance for each month or part thereof that the payment is late.
Based on Interest. An interest charge of % will apply to the outstanding balance for each month the payment remains overdue.
Based on Interest. Interest of 5% will be charged on the outstanding balance due for each month payment is late. EVENT CHANGES. After the signing of this Contract, changes to the Event by the Client: (check one) ☐ - Can be Made. A change or cancellation of the Event is allowed no sooner than [#] days prior to the Event. If a change or cancellation of the Event occurs sooner than such time period, a payment equal to: (check one) ☐ - [#]% of the Deposit will be made non-refundable to the Caterer. ☐ - [#]% of the Total Amount will be due and payable by the Client to the Caterer.