Common use of Deferred Payment Clause in Contracts

Deferred Payment. If any of Party A’s payments under this Agreement are delayed, it shall pay penalties for deferred payment to Party B pursuant to this Agreement. The penalty shall be 0.04% per day for every day from the payment date until the date which Party B receives all payment (including the penalties).

Appears in 7 contracts

Sources: Technology Support and Utilization Service Agreement (Sohu.com LTD), Technology Support and Utilization Service Agreement (Sohu.com LTD), Technology Support and Utilization Service Agreement (Sohu.com LTD)

Deferred Payment. If any of Party A’s payments payment under this Agreement are is delayed, it shall pay penalties penalty for deferred payment to Party B pursuant to this Agreement. The penalty shall be 0.04% 0.4‰ per day for every day and daily calculated from the payment date until the date which Party B receives all payment (including the penaltiespenalty).

Appears in 2 contracts

Sources: Service and Maintenance Agreement (Sohu Com Inc), Services Agreement (Changyou.com LTD)