Unpaid royalties accrue interest at the 30-day average SOFR
Catalog row in Vendor License Rules · Cited
- Kind
- Billing
- Statement
- Royalty Addendum section 6: amounts unpaid after the due date accrue interest at the 30-day average SOFR rate (or the legal maximum) compounded monthly.
- Applies when
- A royalty payment is late
- Applies to
- Unpaid royalties accrue interest at the 30-day average SOFR
- Related metrics