Late Payment For Sample Clauses

The 'Late Payment For' clause defines the consequences and procedures that apply when a payment is not made by the agreed-upon due date. Typically, this clause specifies the types of payments covered, such as invoices or installment payments, and outlines the penalties or interest charges that will accrue if payment is delayed. By clearly establishing the repercussions for late payments, this clause incentivizes timely payment and provides a mechanism for compensating the party that is owed money, thereby reducing disputes and financial uncertainty.
Late Payment For. Each No. of Days Late $10,000 of Common Stock ---------------- ----------------------- 1 $100 2 $200 3 $300 4 $400 5 $500 6 $600 7 $700 8 $800 9 $900 10 $1,000 Over 10 $1,000 + $200 for each Business Day late beyond 10 days The Company shall pay any payments incurred under this Section in immediately available funds upon demand. Nothing herein shall limit the Investor's right to pursue actual damages for the Company's failure to issue and deliver the Securities to the Investor, except to the extent that such late payments shall constitute payment for and offset any such actual damages alleged by the Investor, and any Buy In Adjustment Amount.
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Late Payment For. Each No. Days Late $10,000 of Common Stock ------------- ----------------------- 1 $100 2 $200 3 $300 4 $400 5 $500 6 $600 7 $700 8 $800 9 $900 10 $1,000 greater than 10 $1,000 +$200 for each Business Day Late beyond 10 days The Company shall pay any payments incurred under this Section 9.4 in immediately available funds upon demand. Nothing herein shall limit the Purchaser's right to pursue actual damages for the Company's failure to issue and deliver the unlegended securities to the Purchaser.
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Late Payment For. Each No. of Days Late $10,000 of Investment Amount ---------------- ---------------------------- 1 $100 2 $200 3 $300 4 $400 5 $500 6 $600 7 $700 8 $800 9 $900 10 $1,000 >10 $1,000 +$200 for each Business Day Late beyond 10 days The Company and the Investor, as the case may be, shall pay any payments incurred under this Section 8.5 in immediately available funds upon demand. Nothing herein shall limit Investor's right to pursue actual damages for the Company's failure to issue and deliver the Put Shares to Investor or the Company's right to pursue actual damages for the Investor's failure to pay the Investment Amount to the Company, except to the extent that such late payments shall constitute payment for and offset any such actual damages alleged by Investor or the Company, as the case may be, and, in the case of the Investor, any Buy In Adjustment Amount (as defined above).
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Late Payment For. Each No. of Days Late $10,000 of Common Stock ---------------- -----------------------
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Related to Late Payment For

  • Late Payment Fees If you have not paid a bill by the pay-by date, we may require you to pay a late payment fee, which is part of our standing offer prices published on our website.

  • Late Payment Timeliness of payment and any interest to be paid to Contractor for late payment shall be governed by Article 11-A of the State Finance Law to the extent required by law.

  • 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.

  • 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 Interest If the Customer fails to make payment by the agreed time, the Contractor shall be entitled to claim interest on any overdue amount, pursuant to the Act No. 100 of 17 December 1976 relating to Interest on Overdue Payments, etc. (Late Payment Interest Act).