Overdue Fees Sample Clauses
The Overdue Fees clause establishes the obligation for a party to pay additional charges if they fail to make payments on time. Typically, this clause specifies the rate or amount of the fee, the period after which it applies, and the method of calculation, such as a fixed sum or a percentage of the overdue amount. Its core function is to incentivize timely payments and compensate the other party for the inconvenience or financial impact of late payments.
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Overdue Fees. If Fees are overdue then We will notify you and, without prejudice to Our rights or remedies, may: (a) suspend access to the Services and Support; and (b) charge late payment interest from their due date until full payment is received at the rate of the lesser of 1.5% per month or the greatest rate permitted by applicable law (Interest ); or (c) require you to pay a sum equal to the Interest, or a portion of the Interest, to an Appointed Beneficiary, with (b) and (c) in such proportions as We may specify. If We take action to pursue collection of overdue, undisputed Fees you will pay the reasonable associated costs. If you are late paying invoices, We may make shorter payment terms a condition of Renewal.
Overdue Fees. If all or a portion of any fee due hereunder shall not be paid when due, such overdue amount shall bear interest, payable by the Lessee on demand, at a rate per annum equal to the Overdue Rate from the date of such nonpayment until such amount is paid in full (as well after as before judgment).
Overdue Fees. If Client fails to make payments when due, then in addition to Social Sentinel’s other rights and remedies, Social Sentinel will have the right, at its sole discretion, to suspend the Products pending Client’s full payment of any outstanding fees, immediately terminate the Agreement, and/or recover Social Sentinel’s reasonable costs and expenses, including reasonable attorneys’ fees, expended in collection of such amounts due. Unpaid amounts will accrue interest at the lesser of one and one-half percent (1.5%) per month or the maximum amount chargeable by law, commencing thirty (30) days from when the payment was due and continuing until fully paid.
Overdue Fees. If Blazestack does not receive all Fees by the applicable Due Date, Blazestack may charge a late fee. Interest charges for any overdue payments shall be paid by Customer in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of Customer’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday. on the unpaid balance at the lesser of 1.5% per month or the maximum lawful rate, starting from the date the payment was due until the date paid. Blazestack reserves all rights and available remedies to collect overdue Fees from Customer, including but not limited to suspending Customer’s access to the Service until all Fees are paid.
Overdue Fees. If any invoiced amount is overdue then We will notify you and, without prejudice to Our rights or remedies, may: (a) suspend access to the Services and Support; and (b) charge late payment interest on the unpaid Fees from their due date until payment is received in full at the rate of the lesser of 1.5% per month or the greatest rate permitted by applicable law. If We take action to pursue collection of unpaid Fees you will pay the associated costs. In the event of late payment, We may also make shorter payment terms a condition of any Renewals.
Overdue Fees. Unpaid Fees not subject to a good faith dispute, are subject to a finance charge of 1.5% per month on any outstanding balance, or the maximum permitted by law, whichever is lower. If Tines has not received payment of any undisputed Fees within forty-five (45) days after the due date, and ▇▇▇▇▇ has provided written notice to Customer that Fees are overdue, Tines may (without prejudice to any of Tines’s other rights and remedies) suspend Customer's access and disable passwords and accounts to all or part of the Paid Offerings and Tines shall be under no obligation to provide any or all of the Paid Offerings while the undisputed Fees under such invoice(s) concerned remain unpaid. Tines shall promptly restore all access to the Paid Offerings upon receipt of payment.
Overdue Fees. Unless the Agreement specifies otherwise, ▇▇▇▇▇ ▇▇▇▇▇▇ shall invoice Client immediately upon acceptance. Each invoice is due and payable fourteen (14) days after the invoice date, unless the Agreement specifies otherwise. If ▇▇▇▇▇ ▇▇▇▇▇▇ has not received payment within five days after the due date, and without prejudice to any other rights and remedies of ▇▇▇▇▇ ▇▇▇▇▇▇: (a) ▇▇▇▇▇ ▇▇▇▇▇▇ shall be under no obligation to provide any License or Professional Services (including access to the Platform) while the invoice(s) concerned remain unpaid; and (b) interest shall accrue on a daily basis on the balance due up a monthly rate of 1.5%, commencing on the due date and continuing until fully paid.
Overdue Fees. If any Fees are not paid by You when due then such Fees may accrue a late fee at the rate of 1.5% of the outstanding Fees per month, or the maximum rate permitted by law, whichever is lower, from the date the Fees were due until paid and We may condition future Orders on different payment terms specified in this Agreement or Your prior Orders.
Overdue Fees. In the event that any invoiced amount is not received by ▇▇▇▇▇▇▇ when due, then without limiting ▇▇▇▇▇▇▇’ rights or remedies: (i) such amounts shall accrue interest at the rate of 1.5% of the outstanding balance per month or, if lower, the maximum rate permitted by law; and (ii) ▇▇▇▇▇▇▇ may condition all subsequent subscription renewals and Service Orders on payment terms shorter than those specified in Section 6(b).
Overdue Fees. If fees become overdue at any time then, without prejudice to any other right or remedy available to Supplier: (i) You shall be liable to pay interest on the overdue amount at the rate of one per cent per complete month until Supplier has received payment of the overdue amount together with interest that has accrued; and (ii) Supplier reserves the right to suspend Your use of the Services (which may include disabling user accounts, passwords and access to one or more or all of the Services in use by You) and/or any licenses granted to You with respect to Software made available pursuant to the terms of this Agreement. The Supplier shall be under no obligation to provide access to any Services, until such time as You have paid all outstanding invoices and fees (and where applicable, interest) due.