Common use of Overdue Fees Clause in Contracts

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. If any Fees are not paid by You the Client 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 Tovuti may condition future Orders on different payment terms specified in this Agreement or Your The Clients prior Orders.