Common use of Overdue Payments Clause in Contracts

Overdue Payments. Overdue payments shall accrue interest at the Interest Rate from, and including, the due date to, but excluding, the date of payment.

Appears in 6 contracts

Sources: Power Purchase Agreement (Energy East Corp), Transition Power Purchase Agreement (Orion Power Holdings Inc), Power Purchase Agreement (Energy East Corp)

Overdue Payments. Overdue payments payment shall accrue interest at the Interest Rate from, and including, the due date to, but excluding, the date of payment.

Appears in 3 contracts

Sources: Transition Power Purchase Agreement (NRG Energy Inc), Power Purchase Agreement (NRG Energy Inc), Transition Power Purchase Agreement (NRG Energy Inc)

Overdue Payments. Overdue payments shall accrue interest at the Interest Rate from, and including, including the due date to, but excluding, the date of payment.

Appears in 3 contracts

Sources: Revenue Sharing Agreement (Energy East Corp), Revenue Sharing Agreement (Ch Energy Group Inc), Revenue Sharing Agreement (Rochester Gas & Electric Corp)

Overdue Payments. Overdue payments payment shall accrue interest at the Interest Rate plus 2% from, and including, the due date to, but excluding, the date of payment.

Appears in 2 contracts

Sources: Power Purchase Agreement (Somerset Power LLC), Transition Power Purchase Agreement (Somerset Power LLC)

Overdue Payments. Overdue payments shall accrue interest at the Interest Rate from, and including, the due date Due Date to, but excluding, the date of payment.

Appears in 1 contract

Sources: Power Purchase and Sale Agreement (Eastern Edison Co)