Unpaid royalties accrue interest at the 30-day average SOFR
Catalog row in Vendor License Evidence · Cited
- Kind
- Contract excerpt
- Excerpt
- "Any amounts unpaid after the required due date shall accrue interest at a rate equal to the 30-day average Secured Overnight Financing Rate (SOFR) rate"
- Locator
- Royalty Addendum section 6
- Applies to
- Unpaid royalties accrue interest at the 30-day average SOFR
- Related metrics