Collection Fees for Late Payments Sample Clauses

Collection Fees for Late Payments. 28 In addition to the missed payment, the delinquent 29 employee is required to pay the County a fifty dollar ($50) collection fee. The County 30 is also entitled to collect a delinquency penalty for each day of late payment after the 31 employee receives notice of delinquency. This daily fee shall equal one percent (1%) 1 of the Workers' Compensation benefit received by the employee for that pay period.
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Collection Fees for Late Payments. 22 In addition to the missed payment, the delinquent employee is required to pay the 23 County a fifty dollar ($50) collection fee. The County is also entitled to collect a 24 delinquency penalty for each day of late payment after the employee receives notice 25 of delinquency. This daily fee shall equal one percent (1%) of the Workers' 26 Compensation benefit received by the employee for that pay period. For example, an 27 employee who repays an eight hundred dollar ($800) delinquency within one (1) 28 week after receipt of the notice of delinquency will be assessed fees and penalty of 29 one hundred six dollars ($106), (fifty dollars ($50) collection fee plus fifty-six dollars 30 ($56) in delinquency penalties). If an employee repays the delinquency prior to 31 receipt of the notice of delinquency, the employee will be assessed only the fifty 1 dollars ($50) collection fee. The amounts owed by the employee can accumulate to 2 an amount no more than twice the amount of the delinquent time loss equivalent 3 payment. Employees who are physically or mentally disabled to such an extent that 4 they cannot perform repayment obligations will not be assessed penalties during the 5 period of such incapacity. In addition, an employee who has never in fact cashed the
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Collection Fees for Late Payments. In addition to the missed payment, the 11 delinquent employee is required to pay the County a fifty dollar ($50) collection fee. The County
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Related to Collection Fees for Late Payments

  • Late Payment Charges Except for Disputed Amounts, if a Party fails to remit payment for any charges for services by the ▇▇▇▇ Due Date, or if a payment or any portion of a payment is received by a Party after the ▇▇▇▇ Due Date, or if payment is not made by check that is currently dated and drawn on an account with sufficient available funds, then a late payment charge may be assessed as provided in Section 27.8.

  • Late Payments Except as expressly provided to the contrary in this Agreement or in any Ancillary Agreement, any amount not paid when due pursuant to this Agreement or any Ancillary Agreement (and any amounts billed or otherwise invoiced or demanded and properly payable that are not paid within thirty (30) days of such ▇▇▇▇, invoice or other demand) shall accrue interest at a rate per annum equal to Prime Rate plus two (2%) percent.

  • Late Payment Fee Students will be assessed a late payment fee if acceptable payment arrangements are not made by the due date indicated on the statement. Acceptable payment arrangements include payment in full, pending financial aid, approved third-party billing (i.e. veterans) and an active and current payment plan with the Bursar’s Office.